1223 E 124th, Los Angeles, California 90059, Los Angeles, 90059 - 2 bed, 1 bath
1223 E 124th
Los Angeles, California 90059
Property Price
SUMMARY
Analysis of 1223 E 124th, Los Angeles, California 90059 reveals a property with a current list price of $603,999, which is 16% above the estimated $520,217 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1223 E 124th Subject | $603,999* List Price | 2 | 1 | 820 | $634 | - |
A 2002 N Salinas Avenue Sold | $457,000 | 2 | 1 | 832 | $549 | 0.8 mi |
B 1530 E 124th Street Sold | $655,000 | 2 | 1 | 880 | $744 | 0.4 mi |
C 916 E 116th Street Sold | $490,000 | 2 | 1 | 836 | $586 | 0.7 mi |
D 11218 Belhaven Sold | $555,000 | 2 | 1 | 1,076 | $516 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1945, this property requires substantial repairs and rehabilitation. The kitchen and bathroom are significantly outdated, likely last renovated 30-40 years ago, featuring old cabinets, tiled countertops, and basic, aged appliances and fixtures. Visible defects include severe water damage on the bonus room's drop ceiling, peeling paint, and an unfinished, rough garage. The overall condition indicates extensive deferred maintenance and a need for major system and aesthetic updates throughout, making it far from move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
The property boasts excellent accessibility, being near freeways, schools, shops, restaurants, and a short drive to downtown LA, Sofi Stadium, and beaches, enhancing its desirability.
- Significant Customization/Investment Potential
Explicitly marketed for 'handy family and savvy investors' to 'customize your own style,' offering a clear opportunity for value addition and personalized renovation.
- Versatile Bonus Room
An enclosed bonus room measuring 16 x 19 provides substantial additional functional space, increasing the property's utility beyond its listed square footage.
CONSRISKS & DEFICIENCIES
- Age and Potential for Updates
Built in 1945, the property is likely to require significant updates to its systems, finishes, and overall modernization, which could entail a substantial investment for the buyer.
- Compact Core Living Space
With 820 sqft for 2 bedrooms and 1 bathroom, the main living areas are relatively small, which might be a limitation for some buyers despite the presence of a bonus room.
- Requires Significant Buyer Investment/Effort
The description implies the property is not move-in ready for all buyers and will demand considerable time, effort, and additional capital for necessary renovations and customization.
About 1223 E 124th
First time handy family and savvy investors looking to customize your own style. This 2 bedroom home has a enclosed bonus room that's 16 x 19. Functional layout with good size yard for gathering. 2 car garage for your creative ideas or extra storage. Parking inside and outside of gate for up to 4 cars. Washer/dryer hookup, fruit trees. Near Magic Johnson Park, Athens Park. Easy access to freeway, close to schools, shops, restaurants, short driving distance to downtown LA, Sofi stadium and beaches in Willow-brook area of Los Angeles. Buyer can get a Buyers credit in this area, Call for details. Schedule your showing now.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 5,002 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 2.0 | 47% |
| Square foot | 820 | 1,158 | 9% |
| Lot Size | 5,002 | 5,468 | 30% |
| Price | $604.0K | $621.5K | 40% |
| Price per sq ft | $737 | $525 | 88% |
| Built year | 1945 | 1945 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 190 | 2% |
Pricing History
Listed for Sale
Feb 5, 2026
$603,999
$605,000
+0% Price Increase
Initial Listing
Price Change
Dec 30, 2025
$605,000
Initial Listing