1554 W 207th Street, Los Angeles, California 90501, Los Angeles, 90501 - 3 bed, 2 bath
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Los Angeles, California 90501
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned above the $823,535 Fair Market Value by -3%. Featuring a 7,500 sqft lot with significant 4-unit development potential, this asset is a prime candidate for density-focused redevelopment. While the home carries a Condition Rating of 5, the permitted expansions and existing infrastructure provide a solid foundation for value-add strategies. This is an ideal acquisition for Buy-and-Hold Investors or Developers seeking to capitalize on the neighborhood's transition toward multi-family housing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1554 W 207th Street Subject | $850,000* List Price | 3 | 2 | 1,415 | $582 | - |
A 20845 Denker Sold | $650,000 | 3 | 1 | 1,080 | $602 | 0.2 mi |
B 21117 Normandie Sold | $650,000 | 3 | 1 | 1,090 | $596 | 0.5 mi |
C 21218 Harvard Boulevard Pending | $699,950 List Price | 3 | 2 | 1,314 | $533 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 and marketed primarily as an investor redevelopment opportunity for 4 units. The property shows significant wear, including heavily stained hardwood floors and dated exterior features. While bathrooms were 'previously updated,' the overall age (>70 years) and the listing's emphasis on 'TLC' and 'updating' indicate a need for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1415.
The large 7,500 sqft lot offers a rare opportunity for investors to build up to four units in a neighborhood actively transitioning toward multi-family residences and condos.
All property modifications, including the family room expansion and the newer two-car garage with carport, were completed with permits, ensuring structural compliance and simplifying future development.
The home requires substantial TLC and modernization, including the need to refinish hardwood floors and update the 1950s-era interior to meet current market standards.
The property offers no views and is situated in a high-density area, which may limit its appeal to buyers seeking a more traditional or aesthetically pleasing residential setting.
FIRST TIME ON THE MARKET AND A RARE OPPORTUNITY FOR AN INVESTOR TO BUILD 4 UNITS ON THIS LARGE 7500 SQFT LOT. HOME IS A THREE BEDROOM AND TWO BATHROOM HOME THAT NEEDS TLC AND UPDATING. THIS NEIGHBORHOOD AND ALMOST ALL OF THE LARGE LOTS HAVE BEEN TRANSITIONING OVER TIME INTO MULTI UNITS AND CONDOS. BUILT IN 1953, THE HOME WAS EXPANDED BY USING THE ORIGINAL ATTACHED TWO CAR GARAGE AND CREATING A FAMILY ROOM AND LARGE STONE FIREPLACE. THERE ARE THREE NICE SIZE BEDROOMS AND TWO PREVIOUSLY UPDATED BATHROOMS. KITCHEN IS OPEN TO THE FRONT LIVING AREA AND WAS CARPETED OVER HARDWOOD FLOORS ALL OF WHICH NEED REFINISHING. THERE IS A BIG LAUNDRY ROOM AND STORAGE CLOSETS. OUTSIDE THE OWNERS BUILT A NEW TWO CAR GARAGE AND ATTACHED IT TO THE HOME WITH A CARPORT/BREEZEWAY. TONS OF CONCRETE PARKING AREAS AND A STORAGE SHED.ALL OF THE ADDITIONS AND CHANGES WERE COMPLETED WITH PERMITS. MUST SEE TO APPRECIATE THE POTENTIAL!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,415 | 1,488 | 44% |
| Lot Size | 7,500 | 6,120 | 85% |
| Price | $850.0K | $1.05M | 19% |
| Price per sq ft | $601 | $697 | 32% |
| Built year | 1953 | 1952 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 135 | 3% |
May 14, 2026
$850,000
Initial Listing