1609 E 4th Street, Los Angeles, California 90033, Los Angeles, 90033 - 3 bed, 2 bath
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1609 E 4th Street
Los Angeles, California 90033
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,200Sq Ft
5,017Lot Size
Property Price
LIST PRICE$640,000
EST. MARKET VALUE
$665,986
3% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a 2002-built residence listed at a List Price of $640,000—positioned well below the $665,987 Fair Market Value by 3%. This valuation gap provides $25,987 in Instant Equity. With a Fair Condition Rating, the property offers a solid foundation for cosmetic updates to modernize the interior. Featuring a 2-car garage and private gate, it provides essential urban security. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property in a commuter-friendly location.
Estimated Market Value
$665,986+$25,986 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 |
|---|---|---|---|---|---|---|
★ 1609 E 4th Street Subject | $640,000* List Price | 3 | 2 | 1,200 | $555 | - |
A 2600 E 2nd Sold | $585,000 | 3 | 1 | 1,234 | $474 | 0.8 mi |
B 2618 Gleason Sold | $640,000 | 3 | 1 | 1,033 | $620 | 0.9 mi |
C 134 S Utah Street Active | $699,999 List Price | 4 | 3 | 1,580 | $443 | 0.2 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 2002, the property is 24 years old, which falls into the 'Fair' category (>20y). The exterior shows signs of age such as peeling paint on the fascia boards and weathered stucco. Given the age and lack of mentioned renovations, the kitchen, bathrooms, and major systems are likely original and dated, requiring minor repairs or cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2002, this residence is significantly newer than the typical housing stock in the 90033 area, offering more modern building standards and potentially lower maintenance costs.
- Enhanced Security and Parking
The property features a 2-car garage and a private gate, providing highly desirable off-street parking and an added layer of privacy in a dense urban setting.
- Strategic Location
Ideally situated near major freeways, schools, and public transportation, this home offers excellent accessibility for commuters and families alike.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5017, other record lot size in square feet = 2458.
- Compact Interior Layout
At 1,200 square feet for a 3-bedroom configuration, the living spaces and bedrooms may feel small or restrictive for buyers seeking a more spacious feel.
- Lack of Scenic Appeal
The property is noted as having no views, which may limit its attractiveness to buyers looking for the aesthetic appeal often found in other Los Angeles neighborhoods.
About 1609 E 4th Street
Welcome to this beautiful 3 bedroom 2 bathroom home. It features a kitchen with plenty of cabinet space for storage, living room, a 2 car garage and a gate for additional privacy. Conveniently located close to schools, freeways, and public transportation.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 5,017 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,200 | 1,664.159 |
| Lot Size | 5,017 | 6,066.556 |
| Price | $640.0K | $1.35M |
| Price per sq ft | $533 | $806 |
| Built year | 2002 | 1939 |
| HOA | $0 | $278 |
| Days on market | 1 | 55 |
Pricing History
Listed for Sale
Sep 8, 2026
$640,000
Initial Listing
Sold
Jun 20, 2002
$179,000
Public Record