1563 W 49th, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 1 bath
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1563 W 49th
Los Angeles, California 90062
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
1Baths
1,924Sq Ft
6,392Lot Size
Property Price
LIST PRICE$675,000
EST. MARKET VALUE
$696,348
3% BelowMARKET VALUE
SUMMARY
This 1911 residence represents a High-Potential Investment Opportunity, listed at a List Price of $760,000—positioned slightly above the $756,809 Fair Market Value. While the property requires significant rehabilitation, its Condition Rating of 5 and 1,924 square feet of living space provide a solid foundation for value-add projects. The 6,392-square-foot lot offers excellent potential for expansion or ADU development. This asset is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to modernize a classic Los Angeles property.
Estimated Market Value
$696,348+$21,348 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1563 W 49th Subject 3 bd · 1 ba · 1,924 sqft · $362 | $675,000* List Price | 3 | 1 | 1,924 | $362 | - |
A 1430 W 51st Sold 5 bd · 1 ba · 1,766 sqft · $345 · 0.4 mi | $610,000 | 5 | 1 | 1,766 | $345 | 0.4 mi |
B 1417 W 50th Sold 2 bd · 1 ba · 1,286 sqft · $443 · 0.3 mi | $570,000 | 2 | 1 | 1,286 | $443 | 0.3 mi |
C 1724 W 43rd Sold 3 bd · 1 ba · 1,406 sqft · $439 · 0.5 mi | $617,000 | 3 | 1 | 1,406 | $439 | 0.5 mi |
D 1555 W Vernon Avenue Sold 3 bd · 2 ba · 1,598 sqft · $359 · 0.3 mi | $574,000 | 3 | 2 | 1,598 | $359 | 0.3 mi |
E 1813 W 48th Street Pending 3 bd · 1 ba · 1,484 sqft · $371 · 0.4 mi | $549,900 List Price | 3 | 1 | 1,484 | $371 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1911 with no mention of recent renovations, this 115-year-old property is marketed specifically to renovators and investors. The description's emphasis on 'reimagining' and 'personalizing' indicates that the kitchen, bathrooms, and major systems (HVAC/Electric) likely require a full rehabilitation to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the Vermont Square neighborhood, the property offers excellent proximity to USC, Exposition Park, and major commuter routes, making it highly attractive for professionals and investors.
- Generous Lot Size
The approximately 6,390-square-foot lot provides significant outdoor space and potential for future expansion or the addition of an Accessory Dwelling Unit (ADU) to increase value.
- Substantial Living Space
With over 1,900 square feet of interior space, this 1911 classic offers a larger footprint than many comparable homes in the area, providing a solid foundation for a high-end renovation.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
Given the 1911 construction and the description's emphasis on reimagining the space, buyers should anticipate the need for substantial capital improvements to modernize aging systems and finishes.
- Limited Bathroom Count
The layout features only one full bathroom for three bedrooms and nearly 2,000 square feet, which is below modern market expectations and may require a costly reconfiguration.
About 1563 W 49th
Located in the Vermont Square neighborhood, 1563 W 49th Street is a classic Los Angeles single-family residence offering approximately 1,924 square feet, with 3 bedrooms and 1 full bathroom and an additional half bath. Built in 1911, the home sits on an approximately 6,390-square-foot lot, providing space to reimagine, renovate, or personalize to suit your needs. Its central location offers convenient access to neighborhood shopping, dining, public transportation, Vermont Square Park, USC, Exposition Park, and major commuter routes. This property presents an appealing opportunity for an owner-user, renovator, or investor seeking space and potential in a well-connected Los Angeles location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 6,392 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,924 | 1,670.836 |
| Lot Size | 6,392 | 6,152.156 |
| Price | $675.0K | $1.34M |
| Price per sq ft | $351 | $807 |
| Built year | 1911 | 1941 |
| HOA | $0 | $238 |
| Days on market | 40 | 56 |
Pricing History
Listed for Sale
Oct 24, 2026
$675,000
$715,000
-6% Price Drop
Initial Listing
Price Change
Oct 17, 2026
$715,000
$760,000
-6% Price Drop
Initial Listing
Price Change
Sep 30, 2026
$760,000
Initial Listing