1222 W 78th Street, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 1 bath
1222 W 78th Street
Los Angeles, California 90044
Property Price
SUMMARY
Analysis of 1222 W 78th Street, Los Angeles, California 90044 reveals a Fairly Priced Property with a current list price of $650,000 aligned with the estimated $650,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1222 W 78th Street Subject | $650,000* List Price | 3 | 1 | 1,091 | $596 | - |
A 1325 W 84th Place Sold | $690,000 | 3 | 2 | 1,238 | $557 | 0.5 mi |
B 1243 W 70th Street Sold | $620,000 | 3 | 2 | 1,114 | $557 | 0.5 mi |
C 1134 W 83rd Street Sold | $635,000 | 2 | 1 | 1,093 | $581 | 0.4 mi |
D 824 W 74th Active | $665,000 List Price | 3 | 1 | 1,176 | $565 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a 1912 build that has received some essential recent updates including a new roof, water heater, windows, and laminate flooring, making it move-in ready. However, the kitchen and bathroom remain significantly outdated with older cabinetry and highly stylized, aged tiling. The presence of an unpermitted garage conversion and the 'as-is' sale condition further align it with the 'Fair' category, as it is a well-maintained but aged home that requires cosmetic modernization to meet current style standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Recent Capital Improvements
The property features significant recent upgrades including a new roof, new water heater, new windows, and new flooring throughout, reducing immediate maintenance costs for the buyer.
- Immediate Income Potential
The detached two-car garage has been converted into a separate living space and is currently rented, offering a turnkey opportunity for rental income or house-hacking.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Permit and Record Discrepancies
The home is configured as a 3-bedroom while public records show 2, and the seller has no knowledge of permits for the garage conversion, which may pose risks for future financing or appraisals.
- As-Is Sale Condition
The property is being sold strictly in as-is condition, which places the full burden of any hidden repairs or structural issues on the buyer, particularly relevant for a 1912 build.
About 1222 W 78th Street
Welcome to a fantastic, Conventional or FHA move-in ready property located right behind the renowned Crenshaw Christian Center megachurch and Home of the Faithdome. This home is in great living condition and offers substantial recent upgrades, including a NEW Roof, NEW Water Heater, NEW Windows and Shutters, and NEW Flooring throughout the house, which also features a cozy living room with a fireplace. The house is currently configured as a 3 Bed, 1 Bath, though public records indicate 2 Bedrooms; the seller purchased the property in this configuration and has no knowledge of permits. The Long side driveway takes you to the Detached 2 Car Garage that has been converted into a separate living space, and is currently rented, offering immediate income potential. This property can be delivered VACANT or WITH THE CURRENT TENANT, providing maximum flexibility for the buyer. This home is being sold AS IS. For added privacy the front of the house is gated. Schedule an Appointment today to see this Charming home
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 5,926 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Raymond Avenue Elementary School
Grades K-5 • 0.2 mi
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Grades K-6 • 0.7 mi
Danny J. Bakewell, Sr., Primary Center
Grades K • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 41% |
| Square foot | 1,091 | 1,270 | 31% |
| Lot Size | 5,926 | 5,250 | 61% |
| Price | $650.0K | $652.0K | 50% |
| Price per sq ft | $596 | $535 | 70% |
| Built year | 1912 | 1928 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 83 | 186 | 7% |
Pricing History
Listed for Sale
Dec 13, 2025
$650,000
Initial Listing
Sold
May 29, 1998
$140,000
Public Record
Sold
Apr 27, 1998
$83,500
Public Record