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

1555 W Vernon Avenue
Los Angeles, California 90062
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1555 W Vernon Avenue Subject | $655,000* List Price | 3 | 2 | 1,598 | $374 | - |
A 4207 S Van Ness Avenue Sold | $570,000 | 3 | 2 | 1,708 | $334 | 0.7 mi |
B 4154 S Harvard Blvd Sold | $690,000 | 3 | 1,552 | $445 | 0.3 mi | |
C 1490 W 51st Street Sold | $540,000 | 2 | 1 | 1,248 | $433 | 0.5 mi |
D 4278 S Hobart Boulevard Sold | $530,000 | 2 | 1 | 1,147 | $462 | 0.2 mi |
E 1643 W 46th Street Active | $700,000 List Price | 3 | 2 | 1,602 | $437 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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 The property analysis confirms 'Extensive Renovation Required' and 'Outdated Infrastructure,' indicating major systems like plumbing, electrical, and HVAC likely need significant upgrades.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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,598 | 1,402 | 59% |
| Lot Size | 4,630 | 5,411 | 7% |
| Price | $655.0K | $800.0K | 24% |
| Price per sq ft | $410 | $556 | 24% |
| Built year | 1930 | 1913 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 185 | 14% |
Pricing History
Listed for Sale
Nov 23, 2025
$655,000
Initial Listing
