1627 Fargo Street, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath
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1627 Fargo Street
Los Angeles, California 90026
ACTIVE
CONDITION: POOR
2Beds
1Baths
832Sq Ft
4,435Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$684,911
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $684,912 Fair Market Value by -2%. Featuring a Condition Rating of 5, this 1912 Craftsman bungalow requires a comprehensive renovation to unlock its full potential. The street-to-street lot and historic architectural details provide a unique canvas for value-add strategies. Located near Elysian Park and top-rated schools like Clifford Street Elementary, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a project in a high-demand Los Angeles neighborhood.
Estimated Market Value
$684,911
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 |
|---|---|---|---|---|---|---|
★ 1627 Fargo Street Subject | $699,000* List Price | 2 | 1 | 832 | $823 | - |
A 1414 Fairbanks Active | $725,000 List Price | 2 | 1 | 888 | $816 | 0.9 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 1912 with no signs of recent renovations, this property is over 100 years old and requires a complete rehab. The kitchen and bathroom are highly outdated, featuring original-style checkered flooring and a clawfoot tub with exposed plumbing. The listing explicitly states the home is 'ready for a revival' or an opportunity to 'start fresh,' indicating that major structural, cosmetic, and systems (HVAC/electrical) updates are needed.
PROSSTRENGTHS & OPPORTUNITIES
- Historic Character
This 1912 Craftsman bungalow retains original Arts and Crafts built-ins, wood floors, and historic charm, offering a unique aesthetic for restoration enthusiasts.
- Prime Location
Nestled on a quiet cul-de-sac in Elysian Heights, the property boasts hill views and immediate proximity to Elysian Park trails and Echo Park’s trendy dining and retail.
- Versatile Lot
The street-to-street lot features a rare flat yard, providing an excellent canvas for landscaping, expansion, or a complete architectural reimagining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 832, other record living area = 780. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Fixer-Upper Condition
The home is explicitly noted as needing a 'revival,' indicating that buyers should budget for significant repairs and modernization to address its aged state.
- Small Footprint
At just 832 square feet with a single bathroom, the interior space is constrained, which may limit its appeal to buyers needing more room or modern amenities.
About 1627 Fargo Street
On a street-to-street lot in Elysian Heights, this Craftsman bungalow captures the imagination with historic details and incredible views, an amazing opportunity to create your dream oasis in the hills. Nestled into a sea of green on a quiet cul-de-sac, the home is ready for a revival, but even now the charm and great bones are in full view, with beautiful Arts and Crafts built-ins, wood floors, an arched passthrough, and big windows looking out to the lush surroundings. Two bedrooms share a bath with a clawfoot tub; the sunny kitchen offers built-in cupboards, a pantry, and checkered flooring, plus an attached mudroom. Whether you want to restore or start fresh, the flat yard provides the perfect canvas for relaxation, gardening, and whatever else you envision. The location is unbeatable, putting you close to the hiking paths of Elysian Park, and just a short hop to Echo Park's favorites Valerie, Cookbook Market, Lady Byrd Cafe, and of course all things Sunset, with Whole Foods and the 2 freeway close by.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1912
- Lot Size
- 4,435 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Elysian Heights Elementary School
Grades K-6 • 0.1 mi
3/10
Clifford Street Elementary School
Grades K-6 • 0.4 mi
8/10
Dorris Place Elementary School
Grades K-6 • 0.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 832 | 1,664.159 |
| Lot Size | 4,435 | 6,066.556 |
| Price | $699.0K | $1.35M |
| Price per sq ft | $840 | $806 |
| Built year | 1912 | 1939 |
| HOA | $0 | $278 |
| Days on market | 1 | 55 |
Pricing History
Listed for Sale
Sep 8, 2026
$699,000
Initial Listing