
Los Angeles, California 90061
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well below the $611,928 Fair Market Value by 2%. This valuation gap offers $12,928 in Instant Equity. Featuring a Fair Condition Rating, the home offers a solid foundation with Granite Countertops and Wood Floors, while the detached garage provides significant ADU Potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build value through strategic modernization in an established neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12214 Bremerton Way Subject | $599,000* List Price | 3 | 1 | 1,060 | $577 | - |
A 223 E 136th Sold | $652,000 | 3 | 1 | 1,066 | $612 | 0.9 mi |
B 351 E 124th Sold | $581,000 | 3 | 2 | 1,136 | $511 | 0.4 mi |
C 315 W 120th Street Sold | $450,000 | 3 | 1 | 956 | $471 | 0.3 mi |
D 233 E 136th Sold | $650,000 | 3 | 1 | 1,100 | $591 | 0.9 mi |
E 321 E 119th Sold | $665,000 | 3 | 2 | 1,452 | $458 | 0.4 mi |
F 13339 Crocker Sold | $695,000 | 3 | 1 | 1,074 | $647 | 0.8 mi |
G 11513 S San Pedro Sold | $562,000 | 3 | 2 | 1,020 | $551 | 0.7 mi |
H 127 W 111th St Pending | $599,000 List Price | 3 | 2 | 1,148 | $522 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the home is dated but functional. While it features partial updates like granite countertops and wood floors, the bathroom tile and wall heaters indicate older systems and a need for modernization. The listing explicitly invites 'vision' and 'personal touches,' aligning with the Fair criteria for a property needing updates.
The detached two-car garage with convenient alley access presents a significant opportunity for an Accessory Dwelling Unit (ADU) conversion, potentially increasing property value and rental income.
The home is ideally located near Athens Park and the Earvin 'Magic' Johnson Recreation Area, offering residents easy access to sports fields, swimming, and extensive community green spaces.
Featuring original wood floors and a kitchen already updated with granite countertops, the property provides a strong starting point for cosmetic improvements and personalization.
The property is marketed as needing 'vision and personal touches,' indicating that significant updates and repairs are likely required to bring the 1948 home to modern standards.
With three bedrooms but only one bathroom, the layout may be a drawback for larger families and could impact the home's long-term resale value compared to multi-bath properties.
Welcome to Athens Village! This traditional 3-bedroom, 1-bath home offers a great opportunity to bring your vision and personal touches to this established Los Angeles neighborhood. The home features wood floors, a traditional floor plan, kitchen with granite counter tops, separate laundry area and a detached two-car garage with convenient alley access. The property offers a foundation for updates and improvements, providing the opportunity for a new owner to personalize the home and make it their own. Enjoy the convenience of being near Athens Park and the Earvin "Magic" Johnson Recreation Area, offering sports fields, swimming, recreational programs, and open space for the community to enjoy. With its traditional character, detached garage, and potential for improvement, this property is ready for its next owner to make it their own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,060 | 1,664.159 |
| Lot Size | 5,729 | 6,066.556 |
| Price | $599.0K | $1.35M |
| Price per sq ft | $565 | $806 |
| Built year | 1948 | 1939 |
| HOA | $0 | $278 |
| Days on market | 21 | 55 |
Aug 19, 2026
$599,000
Initial Listing
Jun 2, 2014
$260,000
Public Record