1259 E 49th, Los Angeles, California 90011, Los Angeles, 90011 - 4 bed, 2 bath
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Los Angeles, California 90011
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $645,000—positioned well below the $710,301 Fair Market Value by 9%. This valuation gap provides $65,301 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modern updates like stone countertops and recessed lighting. Its central location near Downtown Los Angeles and City Lights views enhance its long-term appeal. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1259 E 49th Subject | $645,000* List Price | 4 | 2 | 1,458 | $487 | - |
A 1008 E 51st Street Sold | $660,000 | 4 | 2 | 1,296 | $509 | 0.4 mi |
B 5323 Latham Sold | $550,000 | 3 | 1 | 964 | $571 | 0.4 mi |
C 1220 E 40th Place Sold | $593,777 | 2 | 1 | 1,080 | $550 | 0.7 mi |
D 318 E 50th Street Sold | $710,000 | 4 | 3 | 1,360 | $522 | 1.0 mi |
E 640 E 54th Street Active | $690,000 List Price | 4 | 2 | 1,279 | $539 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1908, the property has clearly undergone a significant renovation likely within the last 10-15 years. The kitchen features updated wood cabinetry, stone countertops, and stainless steel appliances. The interior shows well-maintained tile flooring, recessed lighting, and clean finishes, making it functional and move-in ready.
The property is ideally situated near Downtown Los Angeles with excellent proximity to major freeways and public transportation, offering high convenience for commuters.
With 4 bedrooms and 2 bathrooms, this well-maintained home provides ample living space and dedicated parking, making it a rare find for large families in this price bracket.
The inclusion of city light views adds a premium feel to the residence, enhancing its overall appeal and marketability within the urban landscape.
Built in 1908, the property's age suggests that buyers may need to budget for potential updates to vintage electrical, plumbing, or structural systems.
The lot size of 3,949 square feet is relatively small for a 4-bedroom home, which limits private outdoor recreational space and future expansion potential.
Are we ready well-kept maintained clean large spacious home for your entire family with room to spare and parking nice neighborhood close to Downtown central location close to freeways and public transportation
No exterior & parking available.
Grades 1-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 85% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,458 | 1,100 | 85% |
| Lot Size | 3,949 | 4,667.5 | 35% |
| Price | $645.0K | $550.0K | 79% |
| Price per sq ft | $442 | $507 | 32% |
| Built year | 1908 | 1910 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 160 | 3% |
May 18, 2026
$645,000
Initial Listing
Mar 4, 2020
$390,000
Public Record
Jun 25, 2012
$219,000
Public Record
Nov 20, 2009
$84,000
Public Record
Aug 17, 2006
$440,000
Public Record