
Los Angeles, California 90041
This Value-Add Residential Asset is listed at $1,600,000, positioned near its $1,540,652 Fair Market Value in the high-demand Eagle Rock neighborhood. Currently holding a Poor Condition Rating, the 1921 structure requires significant system updates but offers massive upside via the Oversized Garage with ADU Potential and RV Parking capability. Proximity to the 9/10 rated Delevan Drive Elementary School and 8/10 rated Eagle Rock Elementary ensures long-term desirability and strong resale demand. This is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to execute a high-ROI renovation in a premier Los Angeles submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1419 Oak Grove Drive Subject | $1,600,000* List Price | 4 | 3 | 1,830 | $842 | - |
A 4890 Floristan Avenue Sold | $1,140,000 | 2 | 2 | 1,523 | $749 | 0.3 mi |
B 1560 Waldran Avenue Sold | $1,280,000 | 3 | 1 | 1,263 | $1,013 | 0.5 mi |
C 1913 Nolden Active | $1,200,000 List Price | 2 | 1 | 1,378 | $871 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property is over 100 years old with no mention of recent extensive renovations. The AI analysis explicitly notes the 'Age of Property' and 'Potential for Renovation Investment,' stating it 'may require significant updates to its systems (plumbing, electrical, HVAC) and aesthetics to meet modern standards.' The single exterior image shows an older aesthetic and a severely cracked sidewalk, suggesting deferred maintenance. Without any evidence of updated kitchens, bathrooms, or major systems, it's highly likely that substantial repairs and rehabilitation are needed to bring the home to contemporary standards and ensure safety and comfort, aligning with the 'Poor' condition criteria.
Elementary School: Delevan Drive Elementary School (9/10).
Located in the highly sought-after Eagle Rock neighborhood, offering convenience to schools and shopping, enhancing its appeal to families and commuters.
Features an oversized garage with ADU potential and a private entrance, providing a significant opportunity for rental income, multi-generational living, or a dedicated home office.
Built in 1921, the home may require significant updates to its systems (plumbing, electrical, HVAC) and aesthetics to meet modern standards, which are not explicitly mentioned as completed.
The property explicitly states 'view: None,' which can be a drawback in the Los Angeles market where scenic views often contribute significantly to property value and desirability.
The description does not highlight recent renovations or modern finishes, suggesting that a buyer may need to budget for substantial updates to bring the home to contemporary tastes and maximize its value.
Spacious four-bedroom, three-full bath home located in a desirable neighborhood. Conveniently located to schools and shopping. Features an oversized garage with ADU potential with private entrance. Long driveway perfect for RV.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 2.0 | 66% |
| Square foot | 1,830 | 1,628 | 66% |
| Lot Size | 6,477 | 6,958 | 42% |
| Price | $1.60M | $1.35M | 69% |
| Price per sq ft | $874 | $901 | 46% |
| Built year | 1921 | 1925 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 104 | 155 | 35% |
Jan 8, 2026
$1,600,000
Initial Listing
Jan 13, 2006
$730,000
Public Record
May 16, 2005
$469,000
Public Record