1519 W 69th, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 1 bath
Loading property details...
1519 W 69th
Los Angeles, California 90047
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,120Sq Ft
4,684Lot Size
Property Price
LIST PRICE$690,000
EST. MARKET VALUE
$584,462
18% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $690,000—positioned well above the $584,462 Fair Market Value by -18%. While the price reflects a premium, the Condition Rating of 5 and LAR1 Zoning provide a blank canvas for value-add strategies. The expansive lot is primed for a detached ADU, offering significant long-term rental upside near major entertainment hubs. This is a strategic Asset acquisition ideal for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation.
Estimated Market Value
$584,462
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1519 W 69th Subject | $690,000* List Price | 3 | 1 | 1,120 | $522 | - |
A 1716 W 67th Sold | $612,000 | 3 | 1 | 1,200 | $510 | 0.3 mi |
B 7611 S Hobart Sold | $540,000 | 2 | 1 | 1,067 | $506 | 0.5 mi |
C 1546 W 70th Street Sold | $510,000 | 2 | 1 | 1,053 | $484 | 0.1 mi |
D 2065 W 65th Sold | $566,000 | 2 | 1 | 1,096 | $516 | 0.8 mi |
E 6702 Haas Avenue Sold | $685,000 | 3 | 1 | 1,452 | $472 | 0.8 mi |
F 2031 W 65th Place Sold | $590,000 | 2 | 1 | 1,106 | $533 | 0.7 mi |
G 1555 W 71st Street Pending | $650,000 List Price | 2 | 3 | 1,153 | $564 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1923 with no evidence of recent renovations, this property is marketed as a 'value-add' investment and sold strictly 'as-is.' The age (>100 years), visible deferred maintenance in photos, and requirement for cash or renovation loans indicate the need for a full rehab of systems, kitchen, and bath.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- ADU & Development Potential
The generous lot size and expansive rear yard offer significant upside for a detached ADU or garage conversion, providing a clear path to maximize rental income and long-term equity.
- Strategic Entertainment Hub Location
Situated minutes from SoFi Stadium, Intuit Dome, and the Kia Forum, the property is perfectly positioned to benefit from the rapid growth and high demand of South Los Angeles's premier sports and entertainment corridor.
CONSRISKS & DEFICIENCIES
- Strict As-Is Condition
The property is sold strictly in as-is condition with no seller repairs, limiting financing options to cash, hard money, or renovation loans and excluding traditional FHA/VA buyers.
- Functional Bathroom Limitation
With three bedrooms but only one bathroom, the current layout may be insufficient for modern family needs, likely requiring additional plumbing investment to add a second bathroom.
About 1519 W 69th
PRIME VALUE-ADD & INVESTMENT OPPORTUNITY IN LOS ANGELES! Bring your vision, contractor, or development plans to 1519 W 69th Street. This single-story California bungalow features 3 bedrooms, 1 bathroom, and a functional layout across approx. 1,120 sq. ft. of living space. Situated on a generous lot, the expansive rear yard provides tremendous upside potential for a detached ADU (Accessory Dwelling Unit), garage conversion, or outdoor oasis to maximize long-term equity and rental income (buyer to verify zoning, permits, setbacks, and development requirements with the City of Los Angeles). Located in a high-demand South LA pocket just minutes from Southern California’s premier sports and entertainment destinations—including SoFi Stadium, Intuit Dome, YouTube Theater, and the Kia Forum—as well as USC, Exposition Park, Downtown LA, and easy access to the 110 & 105 freeways. Whether you're an investor seeking a high-return flip/buy-and-hold or a buyer looking to customize a home to your exact style, this property offers incredible upside in a rapidly growing corridor. Property is being sold strictly in AS-IS, WHERE-IS condition with no warranties or repairs made by seller. Cash, hard money, or renovation loan preferred. Buyer and buyer’s agent to conduct their own due diligence regarding square footage, permits, lot lines, zoning (LAR1), and ADU feasibility with the City of Los Angeles. Please submit offers with proof of funds, pre-approval/lender info, and signed disclosures.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 4,684 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
Los Angeles Unified Schools
Raymond Avenue Elementary School
Grades K-5 • 0.5 mi
3/10
Budlong Avenue Elementary School
Grades K-5 • 0.8 mi
3/10
Seventy-Fourth Street Elementary School
Grades K-5 • 0.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,120 | 1,664.159 |
| Lot Size | 4,684 | 6,066.556 |
| Price | $690.0K | $1.35M |
| Price per sq ft | $616 | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 25 | 55 |
Pricing History
Listed for Sale
Aug 15, 2026
$690,000
Initial Listing