144 W 45th Street, Los Angeles, California 90037, Los Angeles, 90037 - 4 bed, 3 bath
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Los Angeles, California 90037
This Value-Add Residential Asset is listed at $770,000, with a $709,136 Fair Market Value. Holding a Condition Rating of 5, the 1905-built Craftsman requires a comprehensive interior modernization to address its vintage finishes and aging systems. However, the property offers significant upside through its 2,124 sq ft interior, large backyard with patio, and versatile multigenerational layout featuring a rare first-floor bedroom and two bathrooms. Located in a high-demand rental corridor near USC and Downtown LA, it is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 144 W 45th Street Subject | $770,000* List Price | 4 | 3 | 2,124 | $334 | - |
A 727 W 53rd Street Sold | $670,000 | 4 | 2 | 1,770 | $379 | 0.8 mi |
B 4305 S Flower Street Pending | $780,000 List Price | 4 | 2 | 1,890 | $413 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1905 and the kitchen and bathrooms appear to have been last updated over 40 years ago, featuring dated wood cabinetry, vintage green tile, and old linoleum flooring. While the home is well-kept, the age of the systems and finishes exceeds the 30-year threshold for 'Poor' condition, indicating a need for a comprehensive rehab to modernize the interior.
Ideally situated near USC, Downtown LA, and major transit hubs like the 110 freeway and Metro Line, offering high appeal for commuters and strong rental potential.
The floor plan includes a bedroom and two bathrooms on the first floor, providing rare flexibility for multi-generational living or a convenient guest suite.
With over 2,100 sq ft of interior space and a 6,507 sq ft lot, the property offers significant room for outdoor entertaining and potential ADU development.
Built in 1905, the home likely requires ongoing maintenance or significant upgrades to aging systems like plumbing and electrical to meet modern standards.
The kitchen and interior are described as needing a 'personal touch,' indicating that buyers should budget for immediate cosmetic or functional remodeling.
Welcome to this lovely 4-bedroom, 3-bathroom Craftsman-style home offering 2,124 sq ft of living space and an abundance of pride of ownership. Enjoy classic Southern-style living on the expansive front porch - an inviting spot to relax and unwind. Step inside to a spacious formal living room filled with soft natural light, ideal for quiet moments or hosting guests. The living room flows seamlessly into the formal dining area, creating a warm and welcoming space for gatherings and shared meals. The layout continues into a generous kitchen ready for your personal touch and customization. Convenience is built into the floor plan with one bedroom and two bathrooms located on the first floor perfect for multigenerational living or added flexibility. Upstairs, you'll find three additional bedrooms and another bathroom.Adjacent to the kitchen on the first floor is a cozy den that opens to a covered patio and a large backyard. This outdoor space offers endless potential for entertaining, gardening, or designing your dream landscape. The property also includes a two-car garage and ample driveway parking.Ideally located near schools, parks, USC, Downtown LA, Banc of California Stadium, and Exposition Park, with easy access to the 110, 10, and 105 freeways as well as the Metro Line. This is a wonderful opportunity to own a charming home or a promising investment in the heart of Los Angeles. Do not delay, schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 2,124 | 1,349 | 84% |
| Lot Size | 6,507 | 5,389 | 78% |
| Price | $770.0K | $660.0K | 72% |
| Price per sq ft | $363 | $475 | 16% |
| Built year | 1905 | 1911 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 183 | 3% |
Apr 30, 2026
$770,000
Initial Listing