
Los Angeles, California 90062
This 1911 Character Fixer represents a High-Potential Investment Opportunity listed at $665,000, reflecting a stable entry point near its $643,801 Fair Market Value. Despite a Condition Rating of 5 requiring extensive rehabilitation, the asset features a generous 1,286 sqft interior and a 5,826 sqft lot with a detached garage ideal for ADU development. Situated in a high-growth corridor of the Los Angeles Unified district, this "blank canvas" is primed for significant forced appreciation through strategic renovation. This is a strategic play for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1417 W 50th Subject | $625,000* List Price | 2 | 1 | 1,286 | $458 | - |
A 1724 W 43rd Sold | $617,000 | 3 | 1 | 1,406 | $439 | 0.7 mi |
B 1443 W 48th Street Sold | $625,000 | 2 | 1 | 1,389 | $450 | 0.1 mi |
C 3970 Dalton Avenue Sold | $600,000 | 2 | 1 | 1,040 | $577 | 1.0 mi |
D 4929 S Gramercy Place Sold | $685,000 | 3 | 2 | 1,402 | $489 | 0.8 mi |
E 5167 S Gramercy Place Sold | $590,000 | 3 | 1 | 1,530 | $386 | 0.8 mi |
F 4822 Cimarron Street Sold | $685,000 | 3 | 2 | 1,330 | $515 | 0.9 mi |
G 1555 W Vernon Avenue Sold | $574,000 | 3 | 2 | 1,598 | $359 | 0.5 mi |
H 4314 Dalton Avenue Active Under Contract | $624,999 List Price | 2 | 1 | 1,304 | $479 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1911, this property exhibits significant deferred maintenance and neglect. The exterior is in disrepair with broken fencing, debris, and a junk car on the lot. While the kitchen and bathroom have seen some past updates, they are now dated and worn. The listing's description as a 'blank canvas' for investors and the visible condition of the systems and surfaces indicate that substantial rehabilitation is required.
The property includes a detached garage and a generous 5,826 sqft lot, offering a prime opportunity for an ADU conversion to increase density and rental income.
Situated in a high-growth zone of Los Angeles, this 1911 character home is positioned as a high-equity 'blank canvas' for investors or buyers looking to capitalize on neighborhood appreciation.
At 1,286 sqft for a two-bedroom layout, the home provides a larger interior footprint than many comparable bungalows of the same era, allowing for a more spacious and functional floor plan.
Built in 1911 and marketed as a 'blank canvas,' the property likely requires significant capital expenditure to update aged systems and structural elements to modern standards.
The surrounding public schools carry low ratings (1-3), which may limit the property's attractiveness to families and impact long-term resale demand among that demographic.
Looking for a strategic play? This 1911-built character home is the definition of "Potential." With 2 beds, 1 bath, and a detached garage, it’s a blank canvas for investors or first-time buyers looking to build equity in a high-growth zone.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-2 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,286 | 1,672 |
| Lot Size | 5,826 | 6,067 |
| Price | $625.0K | $1.37M |
| Price per sq ft | $486 | $801 |
| Built year | 1911 | 1939 |
| HOA | $0 | $348 |
| Days on market | 135 | 56 |
Jul 10, 2026
$625,000
$665,000
-6% Price Drop
Initial Listing
Mar 9, 2026
$665,000
Initial Listing