
Los Angeles, California 90047
This property presents a High-Potential Investment Opportunity with a List Price of $699,999—positioned well below the $710,668 Fair Market Value by 1.5%. This valuation gap offers $10,669 in Instant Equity. Featuring LARD2 Zoning and a 6,678 sq. ft. lot, the property provides significant upside for ADU development or multi-unit expansion. With a Condition Rating of 4, the home requires cosmetic modernization, making it an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to leverage the property's structural potential and development versatility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1442 W 83rd Subject | $699,999* List Price | 3 | 2 | 1,577 | $451 | - |
A 1449 W 81st Street Sold | $550,000 | 3 | 1 | 1,156 | $476 | 0.2 mi |
B 1901 W 77th Sold | $700,000 | 3 | 1 | 1,296 | $540 | 0.7 mi |
C 2042 W 75th Street Sold | $737,000 | 2 | 1 | 1,518 | $486 | 0.9 mi |
D 1418 W 93rd Sold | $560,000 | 3 | 2 | 1,322 | $424 | 0.8 mi |
E 7530 S Hobart Boulevard Sold | $820,000 | 3 | 2 | 1,827 | $449 | 0.6 mi |
F 7523 Dalton Sold | $570,000 | 2 | 1 | 1,523 | $374 | 0.6 mi |
G 1961 W 84th Sold | $800,000 | 3 | 3 | 2,052 | $390 | 0.7 mi |
H 1617 W 80th Street Active | $825,000 List Price | 3 | 2 | 1,596 | $517 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1930, the home is functional but dated. The kitchen features older cabinetry that has been painted over and tile flooring likely from a renovation over 20 years ago. The presence of popcorn ceilings, older carpets, and unmaintained landscaping indicates the property requires cosmetic modernization and minor repairs.
High School: Middle College High School (9/10).
The property sits on a generous 6,678 sq. ft. lot with LARD2 zoning, providing a significant opportunity for investors or homeowners to add an ADU or explore multi-unit development.
Built in 1930, this 1,577 sq. ft. residence offers a functional three-bedroom layout with classic architectural charm, including a cozy fireplace and ample natural light.
The majority of the assigned public schools for this address have low performance ratings, ranging from 1 to 3, which may impact appeal for families prioritizing education.
As a 1930s home marketed as an opportunity to 'make it your own,' the property likely requires significant updates and renovations to meet modern aesthetic and functional standards.
Welcome to 1442 W. 83rd Street, Los Angeles, a charming 3-bedroom, 2-bathroom home offering an exceptional opportunity for homeowners, investors, and visionaries alike. Built in 1930 and situated on a generous 6,678 sq. ft. LARD2-zoned lot, this property combines classic character with exciting potential for future possibilities. The home features a functional floor plan with spacious living areas, a cozy fireplace, generously sized bedrooms, and abundant natural light. A wonderful blend of character and opportunity, this home is ready for its next owner to make it their own. Step outside to an expansive backyard with ample space for entertaining, gardening, or future expansion. A detached garage, extended driveway, and sizable lot further enhance the property's versatility. Ideally located near schools, shopping, dining, parks, public transportation, and major freeways, this property offers convenience, accessibility, and long-term value. Whether you're searching for your next home or an investment with upside potential, 1442 W. 83rd Street is an opportunity you won't want to miss.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,577 | 1,672 |
| Lot Size | 6,678 | 6,067 |
| Price | $700.0K | $1.37M |
| Price per sq ft | $444 | $801 |
| Built year | 1930 | 1939 |
| HOA | $0 | $348 |
| Days on market | 14 | 56 |
Jul 8, 2026
$699,999
Initial Listing
May 12, 1998
$135,000
Public Record