124 E 76th Street, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 2 bath
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Los Angeles, California 90003
This Value-Add Residential Asset is listed at $575,000, representing a stable entry point aligned with its $572,558 Fair Market Value. Carrying a Condition Score of 5, the property requires substantial rehabilitation but offers a High-Potential Investment Opportunity through forced appreciation. The standout feature is the expansive 6,973 Sqft Lot, providing ample clearance for ADU Potential to maximize ROI. With its flexible layout and proximity to Downtown LA, this is an ideal acquisition for Fix-and-Flip Investors or Contractors ready to execute a full modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 E 76th Street Subject | $575,000* List Price | 3 | 2 | 1,140 | $524 | - |
A 504 E 67th Street Sold | $630,000 | 3 | 1 | 1,036 | $608 | 0.6 mi |
B 214 E 76th Place Sold | $455,000 | 4 | 1 | 855 | $532 | 0.1 mi |
C 122 E 83rd Street Sold | $600,000 | 2 | 2 | 1,180 | $508 | 0.5 mi |
D 205 W Gage Avenue Sold | $450,000 | 2 | 1 | 988 | $455 | 0.8 mi |
E 437 W 81st Street Sold | $565,000 | 1 | 1 | 964 | $586 | 0.6 mi |
F 225 E 67th Active | $550,000 List Price | 3 | 1 | 1,032 | $533 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971, the property requires substantial rehabilitation and modernization. The listing description explicitly mentions the need for 'TLC' and advises buyers to bring a 'hard-hat' to update the kitchen, bathrooms, and living areas, indicating significant deferred maintenance and outdated systems.
The generous 6,973 sqft lot provides ample space for a potential Accessory Dwelling Unit (ADU), offering a significant opportunity to increase property value and generate rental income.
With a motivated seller and a flexible layout featuring high ceilings and hardwood floors, this property is an ideal candidate for a renovation that can build substantial equity.
Situated near Downtown Los Angeles with easy freeway access, the property offers excellent connectivity for commuters and proximity to major urban employment hubs.
The home requires significant 'TLC' and updates to the kitchen, bathrooms, and living areas, necessitating a buyer with a substantial renovation budget and vision.
Built in 1971, the property likely requires modernization of its core systems and finishes to meet current market standards and modern buyer expectations.
Motivated Seller ! Discover the potential. This residence sits on a larges Lot and offers an excellent opportunity to customize and create your dream home with space to possibly add an ADU. Featuring classic prewar character including high ceilings, hardwood floors, and has a flexible layout ready for renovation.The home requires some TLC, making it perfect for buyers or investors seeking a value-add opportunity in a prime location. Bring your vision and your hard-hat to update the kitchen, baths, and living areas to suit your personal style and modern preferences. Generous bedroom proportions and ample closet space allow for a functional and comfortable design once refreshed. With strong upside potential, this is a rare chance to create a beautifully customized residence. Near Downtown LA, freeway access and more!
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 | 1,140 | 1,029 | 55% |
| Lot Size | 6,973 | 5,182.5 | 95% |
| Price | $575.0K | $614.5K | 39% |
| Price per sq ft | $504 | $531 | 36% |
| Built year | 1971 | 1924 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 184 | 20% |
Mar 12, 2026
$575,000
Initial Listing