1612 W 71st Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
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1612 W 71st Street
Los Angeles, California 90047
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,181Sq Ft
4,276Lot Size
Property Price
LIST PRICE$679,000
EST. MARKET VALUE
$697,269
SUMMARY
This Turnkey Single Family Residence represents a Prime Investment Opportunity, listed at $679,000—positioned well below the $697,270 Fair Market Value by 2%. This valuation gap provides $18,270 in Instant Equity. Featuring a Condition Rating of 2, the home offers a Modernized Interior with new vinyl flooring and a Gated Front Yard. With significant ADU Potential and Ample Secure Parking for an RV, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Estimated Market Value
$697,269
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 |
|---|---|---|---|---|---|---|
★ 1612 W 71st Street Subject 3 bd · 2 ba · 1,181 sqft · $590 | $679,000* List Price | 3 | 2 | 1,181 | $590 | - |
A 1615 W 67th Sold 3 bd · 2 ba · 1,338 sqft · $587 · 0.2 mi | $785,000 | 3 | 2 | 1,338 | $587 | 0.2 mi |
B 1425 W Gage Avenue Sold 3 bd · 2 ba · 1,029 sqft · $582 · 0.6 mi | $599,000 | 3 | 2 | 1,029 | $582 | 0.6 mi |
C 1535 W 70th Sold 3 bd · 1 ba · 1,048 sqft · $716 · 0.1 mi | $750,000 | 3 | 1 | 1,048 | $716 | 0.1 mi |
D 2037 W 64th Sold 3 bd · 2 ba · 1,170 sqft · $640 · 0.7 mi | $749,000 | 3 | 2 | 1,170 | $640 | 0.7 mi |
E 1425 W 79th Sold 3 bd · 2 ba · 1,356 sqft · $616 · 0.6 mi | $835,000 | 3 | 2 | 1,356 | $616 | 0.6 mi |
F 7523 Dalton Avenue Sold 3 bd · 2 ba · 1,523 sqft · $515 · 0.3 mi | $785,000 | 3 | 2 | 1,523 | $515 | 0.3 mi |
G 7414 Brighton Avenue Sold 3 bd · 1 ba · 1,127 sqft · $586 · 0.3 mi | $660,000 | 3 | 1 | 1,127 | $586 | 0.3 mi |
H 1546 W 70th Street Active 3 bd · 2 ba · 1,053 sqft · $702 · 0.1 mi | $739,000 List Price | 3 | 2 | 1,053 | $702 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel (likely within the last 1-2 years) featuring a modern kitchen with new shaker cabinets, updated bathrooms, new vinyl flooring, and a new AC split unit system. It is in mint, move-in-ready condition, meeting the criteria for a renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Modernized Interior
The home features extensive recent upgrades including new vinyl flooring, fresh paint, new kitchen cabinets, and dual-pane windows, offering a move-in-ready experience for buyers.
- ADU Potential
The backyard and detached carport provide significant potential for an Accessory Dwelling Unit (ADU), offering an excellent opportunity for future value appreciation or rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1181, other record living area = 1030.
- Local School Performance
Most assigned public schools in the immediate vicinity carry low ratings (1-2 out of 10), which may be a concern for families prioritizing educational performance.
- Compact Living Space
With only 1,181 square feet of living space for a three-bedroom layout, the interior proportions may feel constrained for larger families or those requiring spacious common areas.
About 1612 W 71st Street
Tastefully remodeled 3 Bedroom/ 2 Bathroom Family Home in Los Angeles. This home features new Vinyl Flooring, Fresh Paint, Ceiling Fans in all Bedrooms, Jack and Jill bathroom, Primary Suite, Walk-In Closets, Dual Pane Windows, new Kitchen Cabinets, new AC Split Unit system, Gated Front Yard with Fruit Trees and Gated Parking. Long Driveway offers enough space for Multiple Vehicles and a RV. Backyard has a lot of potential offering a detached 2-Car Covered Carport, plenty of space to hold a BBQ to entertain family and friends, as well as a space for an Accessory Dwelling Unit (ADU) . This home also has a back door entrance for easy access to the kitchen from the backyard making entertaining guests a breeze! Front yard offers a cozy Front Porch for relaxing and plenty of space to grow a garden. This home is located near Downtown LA, SOFI Stadium, Schools, restaurants and parks. Fall inlove with the conveniences of this home and Enjoy the 3D tour.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 4,276 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
Los Angeles Unified Schools
Raymond Avenue Elementary School
Grades K-5 • 0.5 mi
3/10
Seventy-Fourth Street Elementary School
Grades K-5 • 0.6 mi
3/10
Budlong Avenue Elementary School
Grades K-5 • 1.0 mi
3/10
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 | 1,181 | 1,670.836 |
| Lot Size | 4,276 | 6,152.156 |
| Price | $679.0K | $1.34M |
| Price per sq ft | $575 | $807 |
| Built year | 1923 | 1941 |
| HOA | $0 | $238 |
| Days on market | 32 | 56 |
Pricing History
Listed for Sale
Oct 8, 2026
$679,000
Initial Listing
Sold
Aug 9, 2013
$185,000
Public Record
Sold
Mar 22, 2013
$121,000
Public Record