1427 W 68th, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
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1427 W 68th
Los Angeles, California 90047
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,380Sq Ft
4,681Lot Size
Property Price
LIST PRICE$649,999
EST. MARKET VALUE
$662,322
SUMMARY
This High-Potential Investment Opportunity is listed at $649,999, positioned well below the $662,322 Fair Market Value by 1.86%. This valuation gap offers $12,323 in Instant Equity. Featuring a Fair Condition Rating (4/10), the property offers a functional 1,380 sqft layout with a detached garage and generous lot size, ideal for value-add cosmetic updates. While local school ratings are mixed, the property’s size and parking capacity provide strong rental appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-driven entry into the Los Angeles market.
Estimated Market Value
$662,322
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1427 W 68th Subject 3 bd · 2 ba · 1,380 sqft · $480 | $649,999* List Price | 3 | 2 | 1,380 | $480 | - |
A 1652 W 67th Street Sold 2 bd · 2 ba · 1,242 sqft · $483 · 0.3 mi | $600,000 | 2 | 2 | 1,242 | $483 | 0.3 mi |
B 1716 W 67th Sold 3 bd · 1 ba · 1,200 sqft · $510 · 0.4 mi | $612,000 | 3 | 1 | 1,200 | $510 | 0.4 mi |
C 1706 W 65th Place Sold 3 bd · 1 ba · 1,040 sqft · $606 · 0.4 mi | $630,000 | 3 | 1 | 1,040 | $606 | 0.4 mi |
D 1425 W Gage Avenue Sold 3 bd · 2 ba · 1,029 sqft · $582 · 0.3 mi | $599,000 | 3 | 2 | 1,029 | $582 | 0.3 mi |
E 6436 Haas Sold 3 bd · 2 ba · 1,598 sqft · $469 · 0.9 mi | $750,000 | 3 | 2 | 1,598 | $469 | 0.9 mi |
F 6702 Haas Avenue Sold 3 bd · 1 ba · 1,452 sqft · $472 · 0.9 mi | $685,000 | 3 | 1 | 1,452 | $472 | 0.9 mi |
G 1707 W 65th Place Sold 3 bd · 1 ba · 1,288 sqft · $427 · 0.4 mi | $550,000 | 3 | 1 | 1,288 | $427 | 0.4 mi |
H 1547 W 65th Pending 3 bd · 2 ba · 1,178 sqft · $568 · 0.2 mi | $669,000 List Price | 3 | 2 | 1,178 | $568 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1922, the property is well-maintained but shows dated interior finishes. The tile flooring and bathroom vanity suggest a renovation older than 20 years, requiring cosmetic updates to meet modern standards, though it remains functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Ample Parking and Storage
The property features a long driveway and a detached garage, providing significant off-street parking and storage options which are highly valued in this Los Angeles submarket.
- Generous Outdoor Living
With both a spacious front yard and backyard, the lot offers rare outdoor versatility for entertaining, gardening, or potential future expansion in an urban setting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1380, other record living area = 980. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Underperforming Local Schools
The majority of the immediate neighborhood schools carry low performance ratings (1-3 out of 10), which may deter families and impact long-term appreciation.
- Vintage Infrastructure
Built in 1922, the home's century-old age suggests potential requirements for ongoing maintenance or updates to major systems like plumbing and electrical to meet modern standards.
About 1427 W 68th
Discover the potential of this charming, well-maintained 3-bedroom, 2-bathroom home offering a comfortable and inviting layout with generously sized bedrooms. Enjoy ample outdoor space with a spacious front yard and backyard, perfect for entertaining, relaxing or creating your own outdoor retreat. A long driveway provides convenient access and plenty of room for parking, detached garage for additional vehicles or storage, while a separate laundry area adds everyday functionality. With its practical layout, generous outdoor space and welcoming appeal, this home is ready for its next chapter!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 4,681 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Raymond Avenue Elementary School
Grades K-5 • 0.5 mi
3/10
Budlong Avenue Elementary School
Grades K-5 • 0.7 mi
3/10
Seventy-Fourth Street Elementary School
Grades K-5 • 0.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,380 | 1,670.836 |
| Lot Size | 4,681 | 6,152.156 |
| Price | $650.0K | $1.34M |
| Price per sq ft | $471 | $807 |
| Built year | 1922 | 1941 |
| HOA | $0 | $238 |
| Days on market | 11 | 56 |
Pricing History
Listed for Sale
Oct 29, 2026
$649,999
Initial Listing
Sold
May 9, 2007
$445,000
Public Record
Sold
Aug 9, 1999
$133,000
Public Record
Sold
Feb 9, 1996
$55,000
Public Record