
Los Angeles, California 90062
This Turnkey Residential Asset with R2 Zoning is a Strong Value Opportunity, listed at $799,000—positioned well below the $850,905 Fair Market Value by 6%. This valuation gap provides $51,905 in Instant Equity. The home features a remodeled open-concept kitchen, City Lights views, and a Condition Rating of 2. With a detached structure offering ADU Potential and proximity to USC, it balances lifestyle comfort with significant rental upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1453 W 56th Subject | $799,000* List Price | 3 | 2 | 1,470 | $579 | - |
A 1612 W 58th Sold | $660,000 | 3 | 2 | 1,048 | $630 | 0.2 mi |
B 1577 W 45th Street Sold | $999,000 | 5 | 1 | 1,729 | $578 | 0.8 mi |
C 1506 W 54th Street Active | $950,000 List Price | 3 | 2 | 1,682 | $565 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1911, the property has undergone a comprehensive and high-quality modern renovation within the last few years. The interior features a fully updated open-concept kitchen with white shaker cabinets, a large island, and premium stainless steel appliances. Both bathrooms have been completely remodeled with contemporary vanities and tile work. The home also boasts new wood-look flooring, modern light fixtures, and updated systems, making it a turnkey property that meets current market standards.
The property is zoned R2 and includes a detached structure with ADU potential and rear alley access, providing significant upside for rental income or multi-generational living.
The home features a complete professional remodel with a bright open-concept layout, updated kitchen, and contemporary finishes, offering a move-in-ready experience for buyers.
Ideally situated near USC, BMO Stadium, and the Inglewood entertainment district, the property benefits from high demand and proximity to major Los Angeles landmarks and freeways.
Originally built in 1911, the property may have underlying structural or systemic age-related characteristics that require more maintenance than a modern build, despite the recent cosmetic updates.
The detached structure is currently an unfinished shell, meaning buyers will need to secure additional permits and capital to realize the full value of the ADU potential.
Welcome to 1453 W 56th Street, a beautifully remodeled home located on one of the quietest and most desirable streets in the South LA area. This property offers a turnkey home in prime Los Angeles Living. Step inside to a bright open-concept layout featuring a spacious living room, large bedrooms, and a fully updated kitchen and open concept designed for both comfort and functionality. The seamless flow between living, dining, and kitchen areas makes this home ideal for everyday living and entertaining. This property is zoned R2, offering incredible upside and flexibility. The backyard already includes a detached structure with ADU potential, giving buyers the opportunity to finish and customize for additional living space, rental income, or multigenerational use. Not only that but their is backyard alley access for your convenience and storage of extra vehicles. Located just minutes from USC, BMO Stadium, and the LA Memorial Coliseum, with a short drive to SoFi Stadium and the rapidly growing Inglewood entertainment district. Enjoy convenient access to shopping, dining, and major freeways while living on a peaceful residential street. Whether you're a homeowner looking for space to grow or an investor seeking income potential, this property checks all the boxes. Don’t miss your opportunity to own a versatile, move-in ready home with built-in expansion potential in the heart of Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,470 | 1,436 | 50% |
| Lot Size | 4,962 | 5,409 | 21% |
| Price | $799.0K | $727.5K | 56% |
| Price per sq ft | $544 | $553 | 44% |
| Built year | 1911 | 1913 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 186 | 6% |
Mar 24, 2026
$799,000
Initial Listing
Dec 31, 2020
$580,000
Public Record
May 23, 2002
$153,000
Public Record
Jan 31, 2002
$80,000
Public Record