
Los Angeles, California 90037
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $845,000—positioned well above the $713,790 Fair Market Value by 18%. While the list price exceeds current market estimates, the property features a Junior Accessory Dwelling Unit (JADU) and recent interior upgrades, offering significant income-generating potential. With a Condition Rating of 4, the home requires exterior maintenance to reach its full value. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage the JADU for rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1205 W 57th Street Subject 3 bd · 2 ba · 1,220 sqft · $585 | $845,000* List Price | 3 | 2 | 1,220 | $585 | - |
A 1301 W 56th Street Sold 3 bd · 2 ba · 1,250 sqft · $560 · 0.1 mi | $700,000 | 3 | 2 | 1,250 | $560 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1938, the property shows evidence of recent interior renovations, specifically in the bathroom with modern tiling and fixtures. However, the exterior stucco shows significant wear and moisture staining at the base, and the listing's emphasis on 'potential' and 'making it your own' indicates that while partially updated, the home likely requires additional repairs or system updates to be fully modernized.
The inclusion of a Junior Accessory Dwelling Unit (JADU) provides excellent flexibility for rental income or multigenerational living arrangements, adding significant value to the property.
The residence features modern interior upgrades, offering a refreshed living space that reduces the immediate need for renovations and appeals to move-in-ready buyers.
Conveniently located near Downtown Los Angeles and major transportation routes, the property offers easy access to urban amenities, dining, and major employment hubs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With a lot size of only 3,422 square feet, the property offers minimal yard space, which may be a drawback for buyers seeking significant outdoor areas or gardening potential.
The current list price reflects a substantial increase from its 2022 sale price of $460,000, which may lead to appraisal challenges or buyer scrutiny regarding the local market value.
Discover the potential of 1205 W 57th Street in Los Angeles! This single-family residence features interior upgrades and a Junior Accessory Dwelling Unit (JADU), offering added flexibility for multigenerational living or other possibilities. Whether you're searching for your next home or an investment opportunity, this property offers tremendous potential to make it your own. Conveniently located near shopping, dining, major transportation routes, and Downtown Los Angeles. SELLER IS HIGHLY MOTIVATED! Property will be delivered vacant at close of escrow! With more to discover beyond the exterior photos, this is an opportunity you'll want to experience firsthand. Don't miss your chance to explore everything this property has to offer. Schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,220 | 1,670.836 |
| Lot Size | 3,422 | 6,152.156 |
| Price | $845.0K | $1.34M |
| Price per sq ft | $693 | $807 |
| Built year | 1938 | 1941 |
| HOA | $0 | $238 |
| Days on market | 13 | 56 |
Oct 27, 2026
$845,000
Initial Listing
Mar 10, 2022
$460,000
Public Record
Apr 16, 2013
$168,000
Public Record
Oct 21, 2005
$350,000
Public Record