
Los Angeles, California 90037
This 1908 Craftsman presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned well above the $651,371 Fair Market Value by -11%. Featuring a Condition Rating of 5, this property requires a comprehensive renovation to restore its historic character. The 7,386 sq. ft. R1-zoned lot and detached garage offer significant ADU development potential for forced appreciation. This is a capital-intensive project ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the property's structural footprint and historic architectural appeal.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1336 W 46th Subject | $725,000* List Price | 3 | 2 | 1,340 | $486 | - |
A 1040 W 45th Street Sold | $575,000 | 2 | 1 | 1,344 | $428 | 0.4 mi |
B 1111 W 54th Sold | $640,000 | 3 | 1 | 1,188 | $539 | 0.6 mi |
C 4239 South Raymond Avenue Sold | $565,000 | 2 | 1 | 1,218 | $464 | 0.3 mi |
D 4242 Kenwood Avenue Sold | $592,500 | 2 | 1 | 1,244 | $476 | 0.3 mi |
E 933 W 57th Sold | $585,000 | 3 | 2 | 1,152 | $508 | 0.9 mi |
F 1159 W 52nd Street Sold | $583,000 | 4 | 3 | 1,257 | $464 | 0.5 mi |
G 1024 W 42nd Pl Pending | $599,900 List Price | 2 | 1 | 1,308 | $459 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908 and described as being in 'original' condition, this property is 116 years old with no evidence of modern updates to the kitchen, bathrooms, or core systems (HVAC/Electric). The listing explicitly calls for a full restoration and renovation, indicating significant deferred maintenance and the need for a complete rehab.
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.
Built in 1908, this home retains its original architectural details and timeless charm, offering a rare opportunity for preservationists to restore a classic piece of Los Angeles history.
The property features a large detached garage with alley access on a 7,386 sq. ft. lot, providing an ideal footprint for a potential Accessory Dwelling Unit (ADU) to increase property value or rental income.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home is in original condition and requires a comprehensive restoration to be brought to modern standards, necessitating a significant additional investment of time and capital.
The majority of the assigned public schools in the immediate area carry low performance ratings, which may be a drawback for families prioritizing educational infrastructure.
Welcome to this original 1908 Craftsman-style home in the Vermont Harbor area, ready for the right owner to restore it to its former beauty. Rich with original character and timeless architectural details, this property is a rare opportunity for buyers who appreciate classic Craftsman design and craftsmanship. Situated on a 7,386 sq. ft. R1-zoned lot, surrounded by beautifully restored Craftsman homes, this property offers endless potential to renovate, customize, and build equity. A large detached garage is located at the rear of the property with alley access, creating an excellent opportunity for a possible ADU conversion. Bring your vision and restore the charm of this historic gem.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,340 | 1,317 | 52% |
| Lot Size | 7,389 | 5,374 | 90% |
| Price | $725.0K | $675.0K | 55% |
| Price per sq ft | $541 | $499 | 65% |
| Built year | 1908 | 1912 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 166 | 6% |
May 13, 2026
$725,000
Initial Listing
Jul 17, 2001
$179,000
Public Record