1514 W 55th Street, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 1 bath
1514 W 55th Street
Los Angeles, California 90062
Property Price
SUMMARY
Analysis of 1514 W 55th Street, Los Angeles, California 90062 reveals a Fairly Priced Property with a current list price of $457,400 aligned with the estimated $457,400 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1911 and explicitly listed as an 'AS-IS SALE property' requiring 'Extensive Renovation,' this home is in poor condition. The description indicates substantial investment is needed for major systems (plumbing, electrical, HVAC) and structural components. While no interior images are provided, the age and 'as-is' nature strongly suggest the kitchen, bathroom, and all other interior components are severely outdated, likely non-functional, or in need of complete replacement, aligning with the 'poor' criteria for significant defects and rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Substantial Price Reduction
The property has undergone significant price reductions from its original listing, indicating a highly motivated seller and a potentially attractive acquisition for value-driven buyers.
- Affordable Los Angeles Opportunity
Priced at $457,400, this single-family residence offers a rare and accessible entry point into the competitive Los Angeles real estate market.
- Detached Garage
The presence of a detached garage provides valuable off-street parking, additional storage, or potential for future conversion (e.g., ADU, subject to local zoning and permits).
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The property is explicitly sold 'as-is,' placing full responsibility on the buyer for all necessary repairs, inspections, and potential liabilities without any seller contribution.
- Extensive Renovation Required
Built in 1911, the home is over a century old and will likely require substantial investment in updating major systems (plumbing, electrical, HVAC) and structural components to meet modern standards and safety codes.
- Limited Bathroom Count
With only one bathroom for three bedrooms, the property presents a functional limitation that may deter larger families or impact its long-term resale value without further renovation.
About 1514 W 55th Street
Opportunity knocks in Los Angeles, CA. Affordable opportunity awaits you on this home. Appears to have three bedrooms and one bath with a detached garage. Sits on lot of approximately 4,960 square feet. Home was built records show approximately in 1911. If you blink this will be SOLD at this price. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 4,960 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,497 | 1,402 | 52% |
| Lot Size | 4,960 | 5,411 | 10% |
| Price | $457.4K | $800.0K | 3% |
| Price per sq ft | $306 | $556 | 7% |
| Built year | 1911 | 1913 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 198 | 190 | 55% |
Pricing History
Listed for Sale
Jan 24, 2026
$457,400
$472,800
-3% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$472,800
$489,000
-3% Price Drop
Initial Listing
Price Change
Dec 16, 2025
$489,000
$529,400
-8% Price Drop
Initial Listing
Price Change
Nov 25, 2025
$529,400
$579,000
-9% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$579,000
$618,800
-6% Price Drop
Initial Listing
Price Change
Oct 24, 2025
$618,800
$691,500
-11% Price Drop
Initial Listing
Price Change
Oct 9, 2025
$691,500
$711,500
-3% Price Drop
Initial Listing
Price Change
Sep 19, 2025
$711,500
$715,900
-1% Price Drop
Initial Listing
Price Change
Sep 5, 2025
$715,900
$736,700
-3% Price Drop
Initial Listing
Price Change
Aug 20, 2025
$736,700
Initial Listing
Sold
Jan 2, 2003
$199,000
Public Record