
Los Angeles, California 90063
This property presents a High-Potential Investment Opportunity with a List Price of $720,000—positioned well above the $623,127 Fair Market Value by 15%. While the property requires a strategic approach, the Probate Sale status ensures a streamlined closing process. Featuring a Fair Condition Rating and a 754 sqft footprint, the home offers significant value-add potential through modernization. With Panoramic Views of the hills and proximity to Cal State LA, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1369 Volney Subject | $720,000* List Price | 2 | 1 | 754 | $826 | - |
A 1412 Wybro Way Sold | $820,000 | 2 | 1 | 956 | $858 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the home features cosmetic updates like laminate flooring and recessed lighting that appear to be 15-25 years old. While functional and move-in ready, the kitchen and bathroom are dated, and the presence of an older wall heater indicates the systems have not been fully modernized to current standards.
Perched in the hills of City Terrace, the property offers exceptional panoramic views of city lights and the surrounding hills, providing a premium feel to the location.
The sale requires no court confirmation, offering a faster and more efficient closing process compared to traditional probate transactions.
Located near Cal State LA with immediate access to major freeways and walkable shopping, the home is perfectly positioned for commuters and investors.
At just 754 square feet, the interior living space is relatively small for a two-bedroom home, which may limit its appeal to larger households.
The property is marketed as an opportunity to personalize or renovate, suggesting that the 1953 structure may require significant updates to meet modern standards.
**Probate Sale – No Court Confirmation Required!** Excellent opportunity to own a charming home in the highly desirable City Terrace neighborhood of Los Angeles. Located at 1369 Volney Dr., Los Angeles, CA 90063, this 2-bedroom, 1-bath residence offers tremendous potential for first-time buyers, investors, or anyone looking to personalize a home in a convenient location. Perched in the hills of City Terrace, the property enjoys scenic views overlooking Cal State Los Angeles and is ideally situated with easy access to major freeways, making commuting throughout Los Angeles simple and convenient. The home is located near schools, shopping, restaurants, and other neighborhood amenities, with shopping within walking distance. This is a **Probate Sale with no court confirmation required**, providing a more streamlined purchase process. Whether you're looking to move right in, renovate, or invest, this property presents an exceptional opportunity in a well-established neighborhood. Don't miss your chance to own a home in one of East Los Angeles' most convenient and sought-after communities. Schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 754 | 1,672 |
| Lot Size | 4,824 | 6,067 |
| Price | $720.0K | $1.37M |
| Price per sq ft | $955 | $801 |
| Built year | 1953 | 1939 |
| HOA | $0 | $348 |
| Days on market | 14 | 56 |
Jul 8, 2026
$720,000
Initial Listing