1223 W 69th, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath
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1223 W 69th
Los Angeles, California 90044
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,587Sq Ft
4,687Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$662,051
9% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $599,000—positioned well below the $656,525 Fair Market Value by 8%. This valuation gap offers $57,525 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home includes a remodeled kitchen and permitted addition, yet remains a fixer-upper with LAR1 Zoning and ADU potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build significant long-term equity through strategic renovation.
Estimated Market Value
$662,051+$63,051 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1223 W 69th Subject 3 bd · 2 ba · 1,587 sqft · $417 | $599,000* List Price | 3 | 2 | 1,587 | $417 | - |
A 1308 W 82nd Street Sold 2 bd · 1 ba · 1,512 sqft · $417 · 0.9 mi | $630,000 | 2 | 1 | 1,512 | $417 | 0.9 mi |
B 1155 W 68th Pending 2 bd · 1 ba · 1,248 sqft · $385 · 0.1 mi | $480,000 List Price | 2 | 1 | 1,248 | $385 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Although built in 1921, the property features a recently remodeled kitchen, fresh interior paint, and new laminate flooring. However, the listing explicitly categorizes the home as a 'fixer' being sold 'as-is,' suggesting that despite cosmetic updates, the primary systems and structural components likely require further investment and repair.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- ADU Potential
The LAR1-zoned lot includes a detached garage, offering a prime opportunity to develop an Accessory Dwelling Unit (ADU) for rental income or increased resale value.
- Permitted Expansion
The property features a permitted primary bedroom and bathroom addition, ensuring the total 1,587 sq. ft. of living space is fully documented and adds legitimate value to the home.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1587, other record living area = 1244. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- As-Is Condition
Sold in as-is condition, the property likely requires additional capital investment to address deferred maintenance or structural updates typical of a 1920s fixer.
- Local School Ratings
Most of the immediate public schools in the area carry low performance ratings, which may be a drawback for families prioritizing high-ranking educational facilities.
About 1223 W 69th
Three-bedroom, two-bath home offering approximately 1,587 sq. ft., including a permitted primary bedroom and bath addition. Features include a living room with fireplace, remodeled kitchen, fresh interior paint, primary suite with ensuite bath, and laundry hookups. The 4,687 sq. ft. LAR1-zoned lot includes a detached garage and potential for an ADU; buyer to verify use and requirements with the City. Built in 1921. Being sold as-is, this fixer offers an opportunity to renovate and add value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1921
- Lot Size
- 4,687 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Grades K-6 • 0.4 mi
2/10
Raymond Avenue Elementary School
Grades K-5 • 0.4 mi
3/10
Budlong Avenue Elementary School
Grades K-5 • 0.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,587 | 1,670.836 |
| Lot Size | 4,687 | 6,152.156 |
| Price | $599.0K | $1.34M |
| Price per sq ft | $377 | $807 |
| Built year | 1921 | 1941 |
| HOA | $0 | $238 |
| Days on market | 41 | 56 |
Pricing History
Listed for Sale
Sep 29, 2026
$599,000
Initial Listing