
Los Angeles, California 90037
This property presents a High-Potential Investment Opportunity with a List Price of $720,000—positioned above the $681,727 Fair Market Value by 5%. While the price reflects a premium, the Condition Rating of 5 and the expansive 7,389 sq. ft. lot provide a blank canvas for significant value-add. The property features alley access, RV parking potential, and a detached 2-car garage, offering rare flexibility for an ADU conversion. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to maximize equity through comprehensive renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1336 W 46th Subject 3 bd · 2 ba · 1,340 sqft · $509 | $720,000* List Price | 3 | 2 | 1,340 | $509 | - |
A 1024 W 42nd Pl Sold 2 bd · 1 ba · 1,308 sqft · $443 · 0.5 mi | $580,000 | 2 | 1 | 1,308 | $443 | 0.5 mi |
B 1037 W 46th Street Sold 3 bd · 2 ba · 1,414 sqft · $417 · 0.4 mi | $590,000 | 3 | 2 | 1,414 | $417 | 0.4 mi |
C 872 W 47th Sold 2 bd · 1 ba · 1,090 sqft · $606 · 0.6 mi | $660,000 | 2 | 1 | 1,090 | $606 | 0.6 mi |
D 707 W 49th Street Sold 4 bd · 2 ba · 1,617 sqft · $461 · 0.8 mi | $745,000 | 4 | 2 | 1,617 | $461 | 0.8 mi |
E 1225 W 52nd Street Sold 3 bd · 1 ba · 1,317 sqft · $444 · 0.4 mi | $585,000 | 3 | 1 | 1,317 | $444 | 0.4 mi |
F 1247 W 49th Street Sold 3 bd · 1 ba · 1,392 sqft · $395 · 0.2 mi | $550,000 | 3 | 1 | 1,392 | $395 | 0.2 mi |
G 1123 W 52nd Street Sold 2 bd · 1 ba · 1,234 sqft · $501 · 0.5 mi | $618,000 | 2 | 1 | 1,234 | $501 | 0.5 mi |
H 4112 S Budlong Avenue Active 3 bd · 1 ba · 1,344 sqft · $539 · 0.5 mi | $725,000 List Price | 3 | 1 | 1,344 | $539 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908 with no mention of recent renovations, this property is explicitly marketed as a fixer-upper for investors and contractors. The description's emphasis on 'unlocking potential' and 'bringing vision' indicates that the kitchen, baths, and major systems likely require a full rehabilitation, placing it in the poor category due to age and the need for significant updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7389, living area = 1340.
The generous 7,389 sq. ft. lot combined with a detached two-car garage and alley access offers significant potential for an ADU (Accessory Dwelling Unit) or property expansion to maximize rental income or resale value.
Featuring three separate access points, a long driveway, and RV parking potential, the property provides exceptional utility and convenience for multi-generational living or commercial-style storage needs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1908 and sold as a renovation opportunity, the property likely requires extensive capital expenditure to update aging systems, structural elements, and cosmetic finishes.
The majority of assigned local schools carry low performance ratings (1-3 out of 10), which may limit the property's appeal to families prioritizing high-ranking educational environments.
Exceptional Opportunity with Endless Potential, This 3-bedroom, 1.5-bath home offers 1,340 sq. ft. of living space on a generous 7,387 sq. ft. lot, presenting an excellent opportunity for investors, contractors, or buyers looking to renovate and add value. The property features a long driveway with ample parking, RV parking potential, a detached 2-car garage, and convenient alley access. laundry area, Outside, enjoy a spacious front porch, fenced front yard, brick privacy wall in the backyard, and a storage unit equipped. With three separate access points, two from the front and one from the alley, the property offers added flexibility and convenience. Bring your vision and explore the possibilities to renovate, enhance, and unlock this property's full potential!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-2 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,340 | 1,670.836 |
| Lot Size | 7,389 | 6,152.156 |
| Price | $720.0K | $1.34M |
| Price per sq ft | $537 | $807 |
| Built year | 1908 | 1941 |
| HOA | $0 | $238 |
| Days on market | 7 | 56 |
Nov 2, 2026
$720,000
Initial Listing
Jul 17, 2001
$179,000
Public Record