
Los Angeles, California 90047
This 1932 Spanish Revival residence represents a High-Potential Investment Opportunity, listed at a List Price of $699,999—positioned well below the $666,104 Fair Market Value by -5%. Featuring a Condition Rating of 4, the home requires modernization, offering significant upside for value-add renovations. The property includes a spacious 4,818-square-foot lot and classic architectural details. While local school ratings are currently low, the potential for equity growth is substantial. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with historical character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1622 W 71st Subject 2 bd · 1 ba · 1,210 sqft · $550 | $699,999* List Price | 2 | 1 | 1,210 | $550 | - |
A 1652 W 67th Street Sold 2 bd · 2 ba · 1,242 sqft · $483 · 0.2 mi | $600,000 | 2 | 2 | 1,242 | $483 | 0.2 mi |
B 1716 W 67th Sold 3 bd · 1 ba · 1,200 sqft · $510 · 0.2 mi | $612,000 | 3 | 1 | 1,200 | $510 | 0.2 mi |
C 1547 W 65th Sold 3 bd · 2 ba · 1,178 sqft · $594 · 0.3 mi | $700,000 | 3 | 2 | 1,178 | $594 | 0.3 mi |
D 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 |
E 1706 W 65th Place Sold 3 bd · 1 ba · 1,040 sqft · $606 · 0.3 mi | $630,000 | 3 | 1 | 1,040 | $606 | 0.3 mi |
F 1738 W 66th Street Sold 2 bd · 1 ba · 883 sqft · $623 · 0.3 mi | $550,000 | 2 | 1 | 883 | $623 | 0.3 mi |
G 1523 W 65th Street Sold 2 bd · 1 ba · 884 sqft · $747 · 0.4 mi | $660,000 | 2 | 1 | 884 | $747 | 0.4 mi |
H 6702 Haas Avenue Sold 3 bd · 1 ba · 1,452 sqft · $472 · 0.7 mi | $685,000 | 3 | 1 | 1,452 | $472 | 0.7 mi |
I 1653 W 68th Pending 3 bd · 2 ba · 1,110 sqft · $541 · 0.2 mi | $600,000 List Price | 3 | 2 | 1,110 | $541 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1932, the home is well-maintained but significantly dated. The kitchen features 1990s-era oak cabinetry and vinyl flooring, while the bathroom is in original vintage condition. Because the primary wet areas and finishes are over 20-30 years old, the property requires modernization and updates to meet current standards.
High School: Middle College High School (9/10).
Built in 1932, the home features classic clay tile roofing, graceful arches, and original wood flooring that provide authentic character and lasting aesthetic appeal.
As a long-held property ready for its next chapter, it offers a prime opportunity for buyers to build equity through personalized renovations and modern updates.
With only one bathroom for a two-bedroom residence, the layout may be less convenient for families or guests compared to more modern multi-bath homes.
The immediate public schools assigned to this address currently hold low performance ratings, which may be a concern for education-focused buyers.
First showings at the Open House this Sunday! Classic 1932 Spanish Revival charm in the heart of Los Angeles. A distinctive clay tile roof, warm stucco exterior, graceful arches, and inviting covered entry set the stage for this character-filled 2-bedroom, 1-bath residence. Offering approximately 1,210 square feet, the home features a traditional floor plan with rich wood flooring, arched transitions, generous living spaces, and a vintage tiled bath that celebrates its period charm. A long driveway extends toward the rear of the property, while the approximately 4,818-square-foot lot offers outdoor space to enjoy and personalize. Lovingly held for many years, this home is ready for its next chapter. An exciting opportunity to restore, refresh, and make it your own while preserving the architectural details that make Spanish Revival homes so distinctive. Discover a home with history, personality, and tremendous potential.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,210 | 1,670.836 |
| Lot Size | 4,867 | 6,152.156 |
| Price | $700.0K | $1.34M |
| Price per sq ft | $579 | $807 |
| Built year | 1932 | 1941 |
| HOA | $0 | $238 |
| Days on market | 5 | 56 |
Nov 4, 2026
$699,999
Initial Listing