1307 Micheltorena Street, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 1 bath
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Los Angeles, California 90026
This property presents a High-Potential Investment Opportunity with a List Price of $1,199,000—positioned well above the $1,050,215 Fair Market Value by -14%. Featuring a Condition Rating of 5, this 1922 residence requires a comprehensive renovation to unlock its full potential. The detached garage offers prime ADU conversion capability, while the Sunset Junction location provides significant long-term upside. This asset is best suited for Fix-and-Flip Investors or experienced contractors capable of executing a full-scale transformation in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1307 Micheltorena Street Subject | $1,199,000* List Price | 3 | 1 | 1,176 | $893 | - |
A 1748 Redesdale Avenue Sold | $1,200,000 | 2 | 1 | 921 | $1,303 | 0.6 mi |
B 646 N Dillon Street Sold | $1,200,000 | 2 | 1 | 1,580 | $759 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922 and on the market for the first time in over 50 years, this property shows significant deferred maintenance. The listing's 'AS IS' condition, lack of interior photos, and description as a 'Sleeping Beauty' needing 'transformation' indicate that the kitchen, baths, and major systems (HVAC/Electric) are likely original or severely outdated, requiring a full rehab.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in the heart of Sunset Junction at the top of the iconic Micheltorena Rainbow Steps, offering immediate proximity to premier dining, shopping, and cultural landmarks.
The property features a detached garage ideal for an ADU conversion and an expansive rear yard, providing a rare opportunity to increase square footage and equity.
Sold in 'As-Is' condition with no seller repairs or credits, the home requires a substantial capital investment to address decades of deferred maintenance.
The 1922 structure includes only 1.5 bathrooms for three bedrooms, likely necessitating a costly reconfiguration to meet modern luxury standards.
FIRST TIME ON THE MARKET in over 50 years! Located in the heart of Sunset Junction at the top of the famous Micheltorena Rainbow Steps, this 3 bed /1.5 bath home is close to all the exciting eateries, shops, & sites of this beloved neighborhood. Undeniable upside awaits in this Sunset Junction Sleeping Beauty, poised for a kiss of true love & transformation to awaken all its magical happily-ever-after potential. You see it , right- the ADU conversion at the detached garage ? Expansive rear yard offers yet further opportunity ,inviting your vision and imagination. AS IS property- Seller will do no repairs or credits. No Sign on property. PLEASE DO NOT DISTURB OCCUPANTS. OWNER IS ELDERLY. DOGS ON PREMISES. DO NOT WALK ON PROPERTY. CALL / TEXT LISTING AGENT.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 1,176 | 1,480 | 30% |
| Lot Size | 5,500 | 4,998 | 63% |
| Price | $1.20M | $1.52M | 28% |
| Price per sq ft | $1.0K | $991 | 55% |
| Built year | 1922 | 1929 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 123 | 4% |
May 8, 2026
$1,199,000
Initial Listing