
Los Angeles, California 90063
This 1927 residence represents a High-Potential Investment Opportunity, listed at a List Price of $699,000—positioned well below the $668,253 Fair Market Value by -4%. While the home features a Condition Rating of 4, its panoramic DTLA views and strategic proximity to the 710 and 10 freeways provide significant long-term upside. The compact 978 sqft layout requires a strategic renovation plan to modernize the vintage infrastructure. This property is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on the high-demand City Terrace market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1521 Helen Dr Subject | $699,000* List Price | 4 | 2 | 978 | $683 | - |
A 1412 Wybro Way Sold | $820,000 | 2 | 1 | 956 | $858 | 0.1 mi |
B 1556 Rollins Drive Sold | $740,000 | 3 | 2 | 1,322 | $560 | 0.2 mi |
C 954 Geraghty Avenue Active | $599,000 List Price | 4 | 3 | 1,032 | $580 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, the property features a kitchen and bathroom that appear to have been updated approximately 20-30 years ago. The oak cabinetry, black appliances, and vintage tile work are dated, and the uneven ceiling textures suggest the home needs cosmetic updates and likely system inspections consistent with its age.
The property offers exceptional panoramic views of the Downtown Los Angeles skyline and the 'Hills of East LA,' providing a premium aesthetic and significant value for entertaining.
Conveniently located near Cal State LA with immediate access to the 710 and 10 freeways, this home ensures a short commute to the city center and surrounding metropolitan areas.
Offering four bedrooms at a sub-$700k price point in Los Angeles provides rare utility and flexibility for growing families or potential rental opportunities.
With four bedrooms and two baths packed into only 978 square feet, the individual room sizes and common living areas are likely very compact and may feel restrictive.
Built in 1927, the home may require significant updates to its core infrastructure, such as plumbing, electrical, and foundation, to meet modern standards and efficiency.
What a view of Downtown Los Angeles !!!!!! Enjoy the panoramic views of the Los Angeles landscape, a daily reminder of why this neighborhood is affectionately known as the "Hills of East La"!!!! Perfect for an evening of entertainment as you watch the sunset with family, friends, and pets!!! How about a romantic evening with your honey under a telescope??? Early AM workout ? This four bedroom two bath home in beautiful City Terrace is perfect for just that !!!! Conveniently located near Cal State La with easy access to the 710 & 10 Freeways & public transit. Makes for quick access to downtown Los Angeles!!! Keeping commutes short so there is more time with family and loved ones!!!! City Terrace has deep generational ties. Neighbors genuinely know each other here and it is common to see families chatting across fences or sharing food during holidays !!! Come one come all !!! Take a deep breath of fresh air and enjoy the Downtown skyline!!!!!! Call your Realtor before she's gone !!!!!
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 | 978 | 1,672 |
| Lot Size | 4,180 | 6,067 |
| Price | $699.0K | $1.37M |
| Price per sq ft | $715 | $801 |
| Built year | 1927 | 1939 |
| HOA | $0 | $348 |
| Days on market | 12 | 56 |
Jul 10, 2026
$699,000
Initial Listing
Jul 21, 2000
$165,000
Public Record
Mar 2, 1998
$138,000
Public Record
Jan 7, 1998
$75,000
Public Record