
Los Angeles, California 90063
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $716,788 Fair Market Value by 2%. This valuation gap offers $17,788 in Instant Equity for buyers. Featuring a 4-bedroom split-level layout and a Condition Rating of 4, the home requires cosmetic updates, providing a clear path for forced appreciation. With dual street access and city light views, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1514 Steele Avenue Subject 4 bd · 2 ba · 1,508 sqft · $459 | $679,000* List Price | 4 | 2 | 1,508 | $459 | - |
A 1556 Rollins Drive Sold 3 bd · 2 ba · 1,322 sqft · $560 · 0.1 mi | $740,000 | 3 | 2 | 1,322 | $560 | 0.1 mi |
B 3736 City Terrace Drive Sold 3 bd · 3 ba · 1,696 sqft · $448 · 0.9 mi | $760,000 | 3 | 3 | 1,696 | $448 | 0.9 mi |
C 1516 Kurtz Sold 3 bd · 1 ba · 1,303 sqft · $560 · 1.0 mi | $730,000 | 3 | 1 | 1,303 | $560 | 1.0 mi |
D 1046 N Bonnie Beach Place Sold 4 bd · 2 ba · 1,082 sqft · $448 · 0.9 mi | $485,000 | 4 | 2 | 1,082 | $448 | 0.9 mi |
E 3725 Ramboz Drive Pending 4 bd · 3 ba · 1,257 sqft · $461 · 0.9 mi | $579,999 List Price | 4 | 3 | 1,257 | $461 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this home is functional but dated throughout. The kitchen features older cabinetry and countertops, the living area has an older wall unit heater and worn carpeting, and the exterior driveway shows significant cracking. The listing explicitly notes it needs cosmetic updating, making it a prime candidate for minor repairs and modernization.
The home features a functional split-level design with a lower-level suite, ideal for multi-generational living, a guest area, or a private home office.
Situated on a unique street-to-street lot with two separate access points and a detached two-car garage, providing exceptional convenience and accessibility.
Ideally located near DTLA and Cal State LA, the property offers elevated balcony views of the city lights, blending urban convenience with a scenic backdrop.
The property requires cosmetic renovations throughout, necessitating additional capital investment from the buyer to modernize the space.
With a lot size of 3,571 square feet, the outdoor space is relatively constrained, which may limit yard utility for a four-bedroom residence.
Welcome to this modern style, split-level home with plenty of space, character, and potential in Los Angeles! Set on a unique street-to-street lot, this home offers a layout that gives you room to spread out, along with two separate street accesses and a detached two-car garage. The lower level features a secondary living or family room, a bedroom, and a bathroom perfect for a guest space, home office, or additional living area. Upstairs, you'll find an open living room and dining area that flow into the kitchen, along with a convenient laundry area. Three additional bedrooms provide plenty of room, including one with direct access to the backyard. Step outside to enjoy the elevated balcony/patio area off the front street, where you can take in city views and enjoy the LA backdrop. The home needs cosmetic updating, giving the next owner an opportunity to bring their own style and vision to the space and make it shine. Whether you're looking to create your first LA home, add your personal touches, or simply want a property with room to grow, this one is worth a look! Conveniently located near Cal State LA, the 10 Freeway, Downtown Los Angeles, and an ever-growing mix of restaurants, coffee shops, arts, entertainment, and city life. Come see the possibilities and imagine what you can create here!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,508 | 1,670.836 |
| Lot Size | 3,571 | 6,152.156 |
| Price | $679.0K | $1.34M |
| Price per sq ft | $450 | $807 |
| Built year | 1963 | 1941 |
| HOA | $0 | $238 |
| Days on market | 45 | 56 |
Oct 29, 2026
$679,000
$699,000
-3% Price Drop
Initial Listing
Sep 25, 2026
$699,000
Initial Listing