1706 W 124th Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
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Los Angeles, California 90047
This property presents a High-Potential Investment Opportunity with a List Price of $755,000—positioned well below the $777,783 Fair Market Value by 2%. This valuation gap offers $22,783 in Instant Equity for buyers. Featuring a Modernized Kitchen and a 7,003sf lot, the home has a Fair Condition Rating requiring TLC. Its proximity to SoFi Stadium and major freeways ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or handy homebuyers seeking to build value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1706 W 124th Street Subject | $715,000* List Price | 3 | 2 | 1,745 | $433 | - |
A 1645 W 121st Sold | $730,000 | 3 | 2 | 1,537 | $475 | 0.2 mi |
B 1558 W 123rd Sold | $715,000 | 3 | 2 | 1,400 | $511 | 0.2 mi |
C 1424 W 113th Active | $825,000 List Price | 4 | 2 | 1,671 | $494 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the kitchen has received a modern update with quartz countertops and stainless steel appliances, the 1953-built home is explicitly described as needing 'TLC' and is marketed toward 'handy homebuyers' and investors. This suggests that the bathrooms, flooring, and major systems are likely dated (>20 years) or require minor repairs to reach a move-in ready state.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7003, living area = 1745.
The property is ideally situated near the Chester Washington Golf Course and minutes from major entertainment hubs like SoFi Stadium and Hollywood Park, with convenient access to the 405, 91, and 105 freeways.
The home features an updated kitchen equipped with quartz countertops, a sleek electric cooktop, stainless steel appliances, and a breakfast bar, offering a contemporary workspace for residents.
The property is noted as needing 'TLC,' indicating deferred maintenance or cosmetic issues that will require additional capital investment from a buyer to reach its full market potential.
Built in 1953, the home likely possesses original systems that may require modernization or repair, which could lead to unforeseen costs during the renovation process.
Don't miss a chance to to create equity in this West Athens 3-bedroom, 2-bath residence situated on a 7,001sf lot. This home is steps away from the Chester Washington Golf Course, minutes from dining & entertainment at SoFi Stadium, Hollywood Park & other premiere retail venues and offers convenient access to several of LA's major freeways (405, 91 & 105). The functional floor plan features an oversized living room & dining area, and an updated kitchen with quartz countertops, a sleek electric cooktop, stainless steel refrigerator, breakfast bar, pendant lighting & a separate eat-in area. There are 3 ample-sized bedrooms for comfortable living, while the expansive lot offers plenty of space for outdoor enjoyment in the front & rear yards. A covered front patio/carport area and the long driveway can accommodate parking for 4 or more vehicles. The property needs some TLC, but it offers attractive upside potential, a desirable floor plan, and room to expand at an exceptional value for handy homebuyers & investors alike. Sellers are motivated. The time is now to capitalize on this ownership opportunity in a coveted neighborhood on the rise.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,745 | 1,672 |
| Lot Size | 7,003 | 6,067 |
| Price | $715.0K | $1.37M |
| Price per sq ft | $410 | $801 |
| Built year | 1953 | 1939 |
| HOA | $0 | $348 |
| Days on market | 22 | 56 |
Jul 18, 2026
$715,000
$755,000
-5% Price Drop
Initial Listing
Jun 30, 2026
$755,000
Initial Listing
Aug 25, 2016
$460,000
Public Record
Mar 31, 2016
$355,000
Public Record
Aug 10, 2012
$250,000
Public Record
Apr 19, 2012
$162,000
Public Record