
Los Angeles, California 91340
Analysis of 12637 Cometa, Los Angeles, California 91340 is currently available with a list price of $925,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While originally built in 1930, the property has undergone significant renovations that make it move-in ready. Key updates include a newer roof, newer HVAC systems, and modernized kitchens with granite countertops. Interior photos show updated laminate flooring and a fully remodeled bathroom with contemporary tile work and fixtures, placing it well within the 5-15 year renovation window for a 'Good' rating.
The property features two separate homes on a single lot, including a permitted ADU and separate electric meters, offering an excellent opportunity for rental income or multi-generational living.
Both residences benefit from significant upgrades, including newer roof installations and newer HVAC systems, reducing the immediate need for major maintenance expenditures.
A long driveway with RV parking potential and a locked iron gate provides ample off-street parking and enhanced security, which is a highly sought-after feature in this neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2, other record living area = 1498.
The living spaces are exceptionally small, particularly the ADU which attempts to fit two bedrooms into just 470 square feet, potentially limiting the appeal for families seeking spacious interiors.
The current list price of $925,000 represents a significant premium over its $750,000 sale price in late 2023, which may present challenges during the appraisal process.
Incredible Investment Opportunity in the city of San Fernando with 2 houses on one big lot!!!! Front house is well maintained 2 bed 1 bath (Approx 690 Sqft) it also features an additional 1 bed and 1 bath, currently being rented on a month to month basis. Front house features spanish tile flooring, granite kitchen countertops and ample cabinet space! Newer Roof and Newer HVAC unit!!!! The permitted ADU guest house (Approx 470 Sqft), features 2 bed 1 bath with tile flooring throughout plus beautiful kitchen with granite counters!!! This two houses features central air and heat for year-round comfort, a side yard, and storage space for each house. The homes are separate from one another. There is plenty of parking, long driveway to park all your vehicles, trailer & toys with the possibility for RV parking for off-street parking, a locked front iron gate that leads to the guest house, 2 separate/electric meters, and much more. Centrally located to FWY's, restaurants, schools, and shopping! Must See Opportunity! PLEASE SEE AGENTS REMARKS FOR MORE INFORMATION.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 2 | 1,672 |
| Lot Size | 6,064 | 6,067 |
| Price | $925.0K | $1.37M |
| Price per sq ft | $462.5K | $801 |
| Built year | 1930 | 1939 |
| HOA | $0 | $348 |
| Days on market | 6 | 56 |
Jul 16, 2026
$925,000
Initial Listing
Aug 1, 2024
$900,000
Public Record
Sep 28, 2023
$750,000
Public Record
Dec 27, 2018
$400,000
Public Record