1555 W Vernon Avenue, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath

1555 W Vernon Avenue, Los Angeles, California 90062 home-pic-0

1555 W Vernon Avenue

Los Angeles, California 90062

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,598Sq Ft
4,630Lot Size

Property Price

LIST PRICE$655,000
EST. MARKET VALUE
$597,670
8% AboveMARKET VALUE

SUMMARY

Analysis of 1555 W Vernon Avenue, Los Angeles, California 90062 reveals a property with a current list price of $655,000, which is 8% above the estimated $597,670 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$597,670
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1555 W Vernon Avenue
Subject
$655,000*
List Price
321,598$374-
A
4207 S Van Ness Avenue
Sold
$570,000321,708$3340.7 mi
B
4154 S Harvard Blvd
Sold
$690,00031,552$4450.3 mi
C
1490 W 51st Street
Sold
$540,000211,248$4330.5 mi
D
4278 S Hobart Boulevard
Sold
$530,000211,147$4620.2 mi
E
1643 W 46th Street
Active
$700,000
List Price
321,602$4370.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1930, this property requires substantial repairs and rehabilitation. The MLS description explicitly states the kitchen 'needs a complete makeover,' and the garage is in 'extremely poor condition.' The property analysis confirms 'Extensive Renovation Required' and 'Outdated Infrastructure,' indicating major systems like plumbing, electrical, and HVAC likely need significant upgrades. The exterior image shows faded paint and neglected landscaping, reinforcing the need for extensive work to restore the home to a livable and modern standard.

PROSSTRENGTHS & OPPORTUNITIES

  • Historic Charm & Architectural Style

    This property is a charming Craftsman/California Bungalow, featuring original woodwork and quaint details that exude character and craftsmanship, appealing to buyers seeking historic aesthetics.

  • Significant Renovation Potential

    Described as a 'diamond in the rough' with 'endless potential,' it offers a great opportunity for investors or owner-users to restore its original splendor or reimagine it entirely.

  • Prime Location & Accessibility

    Situated in an 'up-and-coming neighborhood,' it boasts proximity to major transportation, LAX, Culver City, shopping, restaurants, and Leimert Park & Village.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Required

    The property 'needs quite a bit of work,' including a 'complete makeover' for the kitchen and a garage in 'extremely poor condition,' indicating significant immediate investment is necessary.

  • Outdated Infrastructure

    Built in 1930, the home likely features original or very old plumbing, electrical systems, and potentially lacks modern HVAC, requiring substantial upgrades for contemporary living standards.

  • Limited Bathroom Facilities

    The description explicitly states it is a 'one-and-a-half-bathroom home' for three bedrooms, which may be considered insufficient for modern family needs and could impact market appeal.

About 1555 W Vernon Avenue

Check out this charming Craftsman/California Bungalow with its endless potential in an up-and-coming neighborhood! This three-bedroom, one-and-a-half-bathroom home is a hidden gem waiting to be discovered. Featuring original woodwork in the dining room and ceiling, now painted but rich in history, this home exudes character and craftsmanship. There is a decorative fireplace in the living room. The den that is off the living room could be a home office, a cozy reading room, or it could be used as a first-floor bedroom. The kitchen, which needs a complete makeover, is near the guest bathroom and laundry area, while upstairs, there are three bedrooms, and a full bath which are tucked away from the public areas to provide uninterrupted privacy. Throughout the home, you'll find quaint Craftsman-style details, lovely nooks and crannies, and delightful surprises that add to its personality. While it needs quite a bit of work, this property is truly a diamond in the rough! It's a great opportunity for investors or owner-users with the vision and skill to restore it to its original splendor or reimagine it altogether! Outside, the spacious backyard offers limitless potential, ready to be redesigned to suit your needs, and there's a garage, but it is in extremely poor condition! This property is close to major transportation, LAX, Culver City, shopping, restaurants, Leimert Park & Village and is just a short distance from the Kenneth Hahn Park & Recreational Center, which offers approximately 401 acres of scenic beauty, which includes the LA Basin and the mountains. There is a fishing lake, a lotus pond, walking and hiking trails, and the iconic "13-mile Park to Playa Trail", which connects the Baldwin Hills parklands to the Pacific Ocean. Don't miss this incredible opportunity to bring this neglected gem back to life and make it your own!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1930
Lot Size
4,630 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,5981,402
59%
Lot Size4,6305,411
7%
Price$655.0K$800.0K
24%
Price per sq ft$410$556
24%
Built year19301913
90%
HOA$0$0
50%
Days on market103185
14%

Pricing History

Listed for Sale

Nov 23, 2025

$655,000

Initial Listing

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