1651 Ricardo, Los Angeles, California 90033, Los Angeles, 90033 - 3 bed, 1 bath
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1651 Ricardo
Los Angeles, California 90033
ACTIVE
CONDITION: EXCELLENT
3Beds
1Baths
1,288Sq Ft
5,001Lot Size
Property Price
LIST PRICE$779,000
EST. MARKET VALUE
$792,477
SUMMARY
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $779,000—positioned well below the $792,477 Fair Market Value by 1.7%. This valuation gap offers $13,477 in Instant Equity for the buyer. Featuring a Newly Remodeled Kitchen and Bathroom and an Excellent Condition Rating, the home provides immediate move-in readiness. The generous 5,001-square-foot lot offers significant development potential, including ADU possibilities. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modern, low-maintenance home.
Estimated Market Value
$792,477
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 |
|---|---|---|---|---|---|---|
★ 1651 Ricardo Subject 3 bd · 1 ba · 1,288 sqft · $615 | $779,000* List Price | 3 | 1 | 1,288 | $615 | - |
A 1140 N Evergreen Avenue Sold 2 bd · 2 ba · 1,122 sqft · $775 · 0.7 mi | $870,000 | 2 | 2 | 1,122 | $775 | 0.7 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.
Although built in 1924, the property features a newly remodeled kitchen, bathroom, and flooring throughout, meeting the criteria for a renovation under 5 years old. The exterior shows mint condition with updated landscaping, a newer garage door, and a modern entryway, indicating no immediate maintenance is required.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Updates
The home features a newly remodeled kitchen, bathroom, and updated flooring throughout, providing a turnkey interior that appeals to buyers looking for immediate move-in readiness.
- Development Potential
Situated on a generous 5,000-square-foot lot, the property offers significant space for outdoor living or potential expansion, such as an Accessory Dwelling Unit (ADU), increasing its long-term value.
- Scenic Mountain Views
The property boasts mountain views, adding a unique aesthetic appeal and a sense of openness that distinguishes it from other residential listings in the Boyle Heights area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Limited Bathroom Count
With three bedrooms and only one bathroom, the layout may be less convenient for larger families or buyers seeking modern multi-bath configurations.
- Century-Old Infrastructure
Originally built in 1924, the property's age may necessitate ongoing maintenance or future upgrades to aging structural and mechanical systems despite the recent cosmetic renovations.
About 1651 Ricardo
Charming Los Angeles Home with Space and Potential! Welcome to 1651 Ricardo Street, a 3-bedroom, 1-bathroom single-family residence with Newly remodeled kitchen, bathroom and flooring throughout ! offering approximately 1,288 square feet of living space on a generous approx 5000-square-foot lot. Built in 1924, this property presents an opportunity for homeowners and investors alike to explore its possibilities and make it their own. The versatile floor plan offers room to accommodate a variety of living arrangements, while the spacious lot provides additional outdoor space to enjoy. Conveniently situated in the 90033 area of Los Angeles, Don't miss the opportunity to discover the potential of this property and make it your next home or investment!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 5,001 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 1.0 | 2.0 |
| Square foot | 1,288 | 1,670.836 |
| Lot Size | 5,001 | 6,152.156 |
| Price | $779.0K | $1.34M |
| Price per sq ft | $605 | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 30 | 56 |
Pricing History
Listed for Sale
Oct 10, 2026
$779,000
Initial Listing