1555 W 71st Street, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 3 bath
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Los Angeles, California 90047
This property presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned well above the $545,182 Fair Market Value by -32%. Given the Fair Condition Rating and the need for a full interior rehab, this asset requires significant capital expenditure. The inclusion of a bonus/office room and three bathrooms provides functional layout flexibility. Due to current tenant occupancy and the seller's disclosure limitations, this is a complex acquisition ideal for Buy-and-Hold Investors or experienced contractors capable of managing renovation timelines.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1555 W 71st Street Subject | $650,000* List Price | 2 | 3 | 1,153 | $519 | - |
A 1546 W 70th Street Sold | $510,000 | 2 | 1 | 1,053 | $484 | 0.0 mi |
B 1707 W 65th Place Sold | $550,000 | 3 | 1 | 1,288 | $427 | 0.3 mi |
C 7611 S Hobart Sold | $540,000 | 2 | 1 | 1,067 | $506 | 0.4 mi |
D 2031 W 65th Place Sold | $590,000 | 2 | 1 | 1,106 | $533 | 0.7 mi |
E 6611 Cimarron Street Sold | $600,000 | 2 | 1 | 1,402 | $428 | 0.7 mi |
F 7611 S Hobart Active | $749,900 List Price | 2 | 2 | 1,067 | $703 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, this 100-year-old property shows significant signs of age with no mention of recent renovations. The provided bathroom image reveals dated tile work and fixtures likely exceeding 30 years in age. Given the lack of updates to major systems and the overall dated interior, the property requires a full rehab to meet modern standards.
High School: Middle College High School (9/10).
The master bedroom includes a dedicated bonus/office room, providing highly sought-after flexibility for remote work or a nursery in a compact floor plan.
Featuring three bathrooms for a two-bedroom home is a significant rarity that enhances daily convenience and increases the property's competitive edge in the market.
The property is currently tenant-occupied with no established timeline for vacancy, which may complicate financing and delay possession for owner-occupants.
The seller provides no guarantees regarding the accuracy of property information, placing a heavy burden of investigation and potential repair costs on the buyer.
Close to transportation. Master bedroom with a bonus/office room, laundry room and a 1/2 bath. Buyers to do their own investigations, inspections to satisfy themselves as to accuracy of furnished information. Information provided not guaranteed for accuracy or reliance. Property currently rented and will be delivered vacant according to seller. Seller unable to establish a timeline for vacancy, as negotiations are ongoing with current tenant. Please contact agent for further information and to make appointment for showing. Thanks!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 3.0 | 2.0 | 90% |
| Square foot | 1,153 | 1,340 | 27% |
| Lot Size | 4,681 | 5,251 | 23% |
| Price | $650.0K | $725.0K | 34% |
| Price per sq ft | $564 | $512 | 64% |
| Built year | 1924 | 1929 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 141 | 148 | 44% |
Jun 5, 2026
$650,000
$725,000
-10% Price Drop
Initial Listing
Jan 26, 2026
$725,000
Initial Listing