
Los Angeles, California 90047
This Craftsman Bungalow represents a High-Potential Investment Opportunity, listed at a List Price of $649,000—positioned well above the $586,084 Fair Market Value by -10%. While the property requires updates to modernize its 1924 infrastructure, its Condition Rating of 5 and spacious lot offer significant value-add potential, including possible ADU development. The home provides a stable foundation for those looking to capture long-term appreciation in a central Los Angeles location. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project with clear upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1523 W 65th Street Subject | $649,000* List Price | 2 | 1 | 884 | $663 | - |
A 5951 S Van Ness Sold | $615,000 | 2 | 1 | 1,047 | $587 | 0.9 mi |
B 1729 W 59th Place Sold | $630,000 | 2 | 1 | 672 | $938 | 0.5 mi |
C 2031 W 65th Place Sold | $590,000 | 2 | 1 | 1,106 | $533 | 0.6 mi |
D 2065 W 65th Sold | $566,000 | 2 | 1 | 1,096 | $516 | 0.7 mi |
E 6030 W Wilton Sold | $525,000 | 2 | 1 | 744 | $706 | 0.7 mi |
F 1855 W 68th Sold | $565,000 | 2 | 1 | 1,094 | $516 | 0.5 mi |
G 1738 W 66th Street Active | $650,000 List Price | 2 | 1 | 883 | $736 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the home is described as lovingly maintained and move-in ready, the 1924 construction and a kitchen that appears to be 40+ years old (dated tile and cabinetry) place it in the rehab category based on the 30-50 year age criteria for systems and finishes.
First time on the market in over 60 years, this lovingly maintained family home is ready to welcome its next chapter. Full of character and cherished memories, this move-in ready Craftsman bungalow offers timeless charm, a welcoming front porch, and the opportunity to make it your own over time. The spacious lot provides room for future possibilities, including potential ADU opportunities (buyer to verify). Tenant occupied, this rare offering combines pride of ownership, flexibility, and a rich family legacy in a convenient Los Angeles location close to shopping, dining, entertainment, and major transportation corridors.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 884 | 1,672 |
| Lot Size | 4,765 | 6,067 |
| Price | $649.0K | $1.37M |
| Price per sq ft | $734 | $801 |
| Built year | 1924 | 1939 |
| HOA | $0 | $348 |
| Days on market | 27 | 56 |
Jun 25, 2026
$649,000
Initial Listing