
Los Angeles, California 90044
This Renovated Spanish-Style Residence is a High-Potential Investment Opportunity, listed at $799,000—positioned well below the $767,127 Fair Market Value by -4%. Featuring a Mint Condition Rating, the home includes a chef’s kitchen, solar energy, and a detached garage with ADU conversion potential. While the short sale status requires patience, the modernized systems and prime location near Exposition Park offer significant long-term value. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, energy-efficient home with income-generating upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1260 W 81st Subject 2 bd · 2 ba · 1,404 sqft · $546 | $799,000* List Price | 2 | 2 | 1,404 | $546 | - |
A 1260 W 81st Street Sold 2 bd · 2 ba · 1,404 sqft · $588 · 0.0 mi | $825,000 | 2 | 2 | 1,404 | $588 | 0.0 mi |
B 1030 W 80th Sold 3 bd · 1 ba · 1,388 sqft · $488 · 0.3 mi | $677,000 | 3 | 1 | 1,388 | $488 | 0.3 mi |
C 1262 W 80th Street Sold 2 bd · 2 ba · 1,270 sqft · $602 · 0.1 mi | $765,000 | 2 | 2 | 1,270 | $602 | 0.1 mi |
D 1255 W 85th Street Sold 4 bd · 2 ba · 1,696 sqft · $475 · 0.3 mi | $805,000 | 4 | 2 | 1,696 | $475 | 0.3 mi |
E 940 W 73rd Sold 3 bd · 2 ba · 1,339 sqft · $527 · 0.7 mi | $705,000 | 3 | 2 | 1,339 | $527 | 0.7 mi |
F 1331 W Manchester Sold 3 bd · 2 ba · 1,030 sqft · $650 · 0.3 mi | $669,900 | 3 | 2 | 1,030 | $650 | 0.3 mi |
G 1271 W 81st Street Active 2 bd · 1 ba · 1,384 sqft · $577 · 0.1 mi | $799,000 List Price | 2 | 1 | 1,384 | $577 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last 5 years. It features a fully remodeled chef's kitchen with premium appliances, modern spa-like bathrooms with contemporary tile work, and all major systems including the roof, HVAC, and electrical have been completely modernized. The addition of solar panels and fresh landscaping further confirms its mint, move-in-ready condition.
High School: Middle College High School (9/10).
The property features fully upgraded major systems, including a brand-new roof, central HVAC, upgraded electrical, and solar panels, offering significant efficiency and peace of mind for a vintage home.
This home masterfully blends 1930s Spanish character, such as exposed wood beams and original hardwoods, with high-end modern luxuries like a chef’s kitchen and spa-inspired bathrooms.
The property is a short sale subject to lender approval, which typically results in a more prolonged and uncertain closing process for the buyer.
The majority of the assigned public schools in the immediate vicinity have low performance ratings, which may be a deterrent for families prioritizing educational district quality.
Renovated charming Spanish-style beautiful home. An expansive living room defined by gorgeous original hardwood floors, high ceilings with exposed wood beams, hand-carved corbels, and a classic decorative fireplace. The open layout flows seamlessly into a fully remodeled chef’s kitchen, complete with premium quartz countertops, a farmhouse sink, and sleek black stainless steel appliances. The primary en-suite is a true retreat, featuring bold encaustic tile work and a modern steel-frame glass shower. The second bathroom offers a spa-like escape, showcasing a freestanding soaking tub nestled inside a custom plastered arched niche. Ultimate Peace of Mind & Efficiency. Every major system has been completely modernized so you can move in without a worry. The home boasts solar panel green energy, a brand-new roof, central HVAC, fully upgraded electrical. The exterior features an automated driveway gate for ultimate privacy, fresh manicured landscaping, and the detached 2-car garage perfect for parking, a premium home office, or a future ADU conversion to generate rental income or house extended family. This property is a Short Sale subject to Lender's approval. Located just minutes from Exposition Park and the upcoming Lucas Museum, this home offers a vibrant Los Angeles lifestyle with historical soul.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,404 | 1,670.836 |
| Lot Size | 4,081 | 6,152.156 |
| Price | $799.0K | $1.34M |
| Price per sq ft | $569 | $807 |
| Built year | 1933 | 1941 |
| HOA | $0 | $238 |
| Days on market | 40 | 56 |
Sep 30, 2026
$799,000
Initial Listing
Jan 21, 2022
$863,500
Public Record
Sep 10, 2021
$580,000
Public Record