1601 Nolden Street, Los Angeles, California 90042, Los Angeles, 90042 - 1 bed, 1 bath
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1601 Nolden Street
Los Angeles, California 90042
ACTIVE UNDER CONTRACT
CONDITION: FAIR
1Beds
1Baths
745Sq Ft
8,569Lot Size
Property Price
LIST PRICE$795,000
EST. MARKET VALUE
$827,889
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $795,000—positioned well below the $827,889 Fair Market Value by 3%. This valuation gap offers $32,889 in Instant Equity. Featuring a Condition Rating of 4, the home offers solid structural integrity with significant ADU conversion potential via the detached garage. With its expansive 8,569 sqft lot and private canyon views, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Estimated Market Value
$827,889+$32,889 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 |
|---|---|---|---|---|---|---|
★ 1601 Nolden Street Subject 1 bd · 1 ba · 745 sqft · $1,111 | $795,000* List Price | 1 | 1 | 745 | $1,111 | - |
A 6001 Eucalyptus Lane Sold 3 bd · 1 ba · 716 sqft · $1,077 · 0.4 mi | $771,000 | 3 | 1 | 716 | $1,077 | 0.4 mi |
B 575 Meridian Sold 2 bd · 1 ba · 832 sqft · $1,114 · 0.4 mi | $927,000 | 2 | 1 | 832 | $1,114 | 0.4 mi |
C 1418 N Avenue 55 Sold 2 bd · 1 ba · 1,042 sqft · $955 · 0.4 mi | $995,000 | 2 | 1 | 1,042 | $955 | 0.4 mi |
D 5236 Range View Avenue Active 2 bd · 1 ba · 818 sqft · $1,210 · 0.4 mi | $990,000 List Price | 2 | 1 | 818 | $1,210 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1947, the home is well-maintained with systems (roof, plumbing, electrical) reported to be in good condition per a recent inspection. However, the kitchen and interior finishes are significantly dated (likely >20 years old) with older cabinetry and jalousie windows, requiring cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8569, living area = 745.
- Excellent Structural Condition
The property has undergone comprehensive pre-sale inspections confirming that all major systems, including the roof, plumbing, electrical, foundation, and sewer, are in very good condition.
- Expansive Lot and Privacy
Situated on a generous 8,569 sqft lot in the Highland Park hills, the home offers rare seclusion with no neighboring properties within 100 feet and scenic canyon views.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- Limited Living Space
At only 745 square feet with a 1-bedroom, 1-bathroom configuration, the home's small footprint may limit its appeal to larger households or those needing a home office.
- High Price Per Square Foot
The list price of $795,000 results in a cost of over $1,067 per square foot, which is a premium valuation for a single-bedroom residence in the Northeast L.A. market.
About 1601 Nolden Street
Does it seem impossible to find a single family home for under $800,000 in Northeast L.A. that is a) in very good condition, b) is in a great location, c) has a large, wonderful backyard, and d) has lots of parking? If you did think that I would understand. Yet, this property is exactly that! It is set in the hills of Highland Park and has no neighboring home closer than 100 ft. It also has a basement that provides ample storage space. Plus, it has a large garage that would make a great ADU, yet there would still be 3 car tandem parking in the driveway. The property just had a pre-sale licensed home inspection covering every aspect, including separate foundation and sewer inspections. All of these inspections showed the property has no major issues. Indeed, the main systems (roof, plumbing, electrical, foundation, sewer) are all in very good condition. If this is the size of home and price point you are seeking, I can pretty much guarantee you won't find better (or probably even as good) anywhere in the Greater L.A. area. Come check it out while it is still available.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 8,569 Sq. Ft.
Interior
- Total Bedrooms
- 1
- 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 | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 745 | 1,670.836 |
| Lot Size | 8,569 | 6,152.156 |
| Price | $795.0K | $1.34M |
| Price per sq ft | $1.1K | $807 |
| Built year | 1947 | 1941 |
| HOA | $0 | $238 |
| Days on market | 28 | 56 |
Pricing History
Listed for Sale
Oct 12, 2026
$795,000
Initial Listing