
Los Angeles, California 90011
This High-Potential Investment Opportunity is a Turnkey Single Family Residence listed at $659,000—positioned well below the $674,422 Fair Market Value by 2%. This valuation gap offers $15,422 in Instant Equity. Featuring a Mint Condition Rating with comprehensive system upgrades and LAR2 Zoning, the property provides immediate rental appeal or ADU development potential. While local school ratings are modest, the modern interior and prime location near Downtown Los Angeles make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1646 E 41st Subject | $659,000* List Price | 3 | 2 | 1,004 | $672 | - |
A 1220 E 40th Place Sold | $593,777 | 2 | 1 | 1,080 | $550 | 0.6 mi |
B 1548 E 54th Street Sold | $584,000 | 2 | 1 | 700 | $834 | 0.9 mi |
C 1009 E 43rd Street Active | $695,000 List Price | 2 | 2 | 1,014 | $685 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, top-to-bottom renovation within the last 5 years. It features a fully remodeled kitchen with quartz countertops and new appliances, updated bathrooms, and complete replacement of major systems including new HVAC, electrical, plumbing, and a tankless water heater, meeting the criteria for mint condition.
The property features extensive modern upgrades including new plumbing, electrical, HVAC, a tankless water heater, and energy-efficient windows, ensuring a move-in-ready experience with minimal immediate maintenance.
Zoned LAR2 with an expansive backyard, the lot offers significant potential for the construction of an ADU or additional units, providing excellent long-term value appreciation for homeowners or investors.
The home boasts a contemporary open floor plan with high-end finishes, including a remodeled quartz kitchen, recessed lighting, and a private primary suite that maximizes the utility of the living space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,004 square feet distributed across three bedrooms, the individual room sizes and overall living space may feel restrictive for larger families or those seeking spacious common areas.
The majority of the surrounding public schools have low performance ratings (ranging from 2 to 4), which may be a significant drawback for families prioritizing educational quality and could impact future resale appeal.
Beautifully remodeled and move-in ready 3-bedroom, 2-bath home offering exceptional quality and modern upgrades throughout! This turnkey property features fresh stucco, new interior and exterior paint, energy-efficient windows, a new iron fence and gate, and a long concrete driveway with ample off-street parking. Inside, you’ll find a bright open floor plan with new flooring, fresh drywall and insulation, new doors and trim, recessed lighting, and stylish finishes throughout. The fully remodeled kitchen showcases new cabinetry, quartz countertops, and new electric appliances, while both bathrooms have been tastefully updated with contemporary fixtures and finishes keeping everything cool with the new mini-split system. The spacious primary suite offers a private retreat, and the convenient indoor laundry area adds everyday functionality. Major system upgrades provide added value and peace of mind, including new plumbing, new electrical, a new HVAC system with heating and air conditioning, and a tankless water heater. Situated on LAR2-zoned property, the expansive backyard offers incredible potential for an ADU or additional units (buyer to verify), making this an excellent opportunity for both homeowners and investors. Conveniently located near schools, shopping, dining, major freeways, and Downtown Los Angeles, this beautifully updated home offers the perfect combination of comfort, style, and future investment potential. Don’t miss this exceptional opportunity!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,004 | 1,672 |
| Lot Size | 5,349 | 6,067 |
| Price | $659.0K | $1.37M |
| Price per sq ft | $656 | $801 |
| Built year | 1907 | 1939 |
| HOA | $0 | $348 |
| Days on market | 8 | 56 |
Jul 14, 2026
$659,000
Initial Listing
Dec 9, 2024
$560,000
Public Record