
Los Angeles, California 90003
This 1908 Craftsman-style residence represents a High-Potential Investment Opportunity, listed at a List Price of $599,999—positioned well below the $611,718 Fair Market Value by 2%. This valuation gap offers $11,719 in Instant Equity. With a Fair Condition Rating, the property features a detached two-car garage with significant ADU conversion potential and a large paved patio. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage value-add renovations in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 E 65th Street Subject | $599,999* List Price | 3 | 2 | 924 | $662 | - |
A 504 E 67th Street Sold | $630,000 | 3 | 1 | 1,036 | $608 | 0.4 mi |
B 332 E 79th Street Sold | $520,000 | 2 | 1 | 1,008 | $516 | 1.0 mi |
C 214 E 76th Place Sold | $455,000 | 4 | 1 | 855 | $532 | 0.7 mi |
D 230 E 75th Street Sold | $680,000 | 3 | 1 | 890 | $764 | 0.6 mi |
E 433 E 74th Street Sold | $535,000 | 2 | 1 | 854 | $626 | 0.7 mi |
F 205 W Gage Avenue Sold | $450,000 | 2 | 1 | 988 | $455 | 0.2 mi |
G 225 E 67th Pending | $550,000 List Price | 3 | 1 | 1,032 | $533 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908, the property shows its age with dated systems such as wall heaters and visible exterior wear like peeling paint on the porch pillars. While the interior has been maintained with laminate flooring, the bathroom fixtures and tile work appear to be over 20 years old, placing it in the 'Fair' category as it is functional but needs cosmetic and system updates.
This 1908 Craftsman-style home features timeless details such as coffered ceilings and built-in cabinetry, offering a level of charm and craftsmanship rarely found in modern builds.
The detached two-car garage and large, fully paved backyard provide a significant opportunity for an ADU conversion or guest quarters, offering potential for rental income or multi-generational living.
The property features a private gated entry and mature landscaping, providing a secure environment and excellent curb appeal in an urban setting.
At only 924 square feet for a three-bedroom, two-bathroom configuration, the living spaces and bedrooms are likely to feel quite compact.
Given the home's 1908 construction date, buyers should anticipate potential needs for modernizing older systems such as plumbing, electrical, or foundation to meet current standards.
Charming Craftsman-style home blending classic character with everyday functionality. A spacious covered front porch welcomes you into this inviting residence, surrounded by mature landscaping, colorful flowering plants, and a private gated entry that enhances both curb appeal and privacy. Inside, you'll find a warm and inviting living room featuring beautiful coffered ceilings, a formal dining room with built-in cabinetry, spacious bedrooms, and durable laminate flooring throughout. The functional floor plan offers comfortable living spaces filled with natural light and timeless charm. Step outside to a large, fully paved backyard designed for low-maintenance living, with ample space for entertaining, additional parking, or future expansion possibilities. The detached two-car garage offers excellent potential for an ADU, guest quarters, or rental income opportunity (buyer to verify with city requirements). Conveniently located near major freeways with easy access to Downtown Los Angeles, shopping, dining, and local amenities, this property offers a unique combination of character, versatility, and future potential. Don't miss this opportunity to make this charming home your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 55% |
| Square foot | 924 | 1,008 | 40% |
| Lot Size | 5,401 | 5,163 | 66% |
| Price | $600.0K | $610.0K | 40% |
| Price per sq ft | $649 | $545 | 72% |
| Built year | 1908 | 1924 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 169 | 4% |
May 28, 2026
$599,999
Initial Listing
Feb 26, 2004
$187,000
Public Record