
Los Angeles, California 90065
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $979,000—positioned well below the $982,997 Fair Market Value by 0.4%. With a Condition Rating of 4, the property offers $3,997 in Instant Equity. The expansive 7,010 sq ft lot provides significant development potential for an ADU, while the canyon views and proximity to Mt. Washington Elementary add long-term value. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to renovate and build equity in a prime NELA location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1715 Winmar Drive Subject | $979,000* List Price | 3 | 1 | 1,044 | $942 | - |
A 3323 Thorpe Avenue Sold | $1,015,000 | 3 | 1 | 1,287 | $789 | 0.7 mi |
B 4730 Frieda Drive Sold | $900,000 | 3 | 2 | 1,275 | $706 | 0.9 mi |
C 4623 Jessica Drive Sold | $1,025,000 | 3 | 2 | 1,020 | $1,005 | 0.8 mi |
D 654 Frontenac Avenue Sold | $777,000 | 1 | 2 | 851 | $913 | 0.8 mi |
E 723 Isabel Sold | $989,000 | 2 | 1 | 952 | $1,039 | 0.8 mi |
F 4118 Division Street Sold | $840,000 | 2 | 2 | 1,260 | $667 | 0.9 mi |
G 3765 Cazador Street Sold | $1,240,000 | 2 | 2 | 1,180 | $1,051 | 0.5 mi |
H 2901 Elm Street Active | $850,000 List Price | 3 | 2 | 1,008 | $843 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, this home is well-maintained but clearly dated. The kitchen features older white appliances and basic cabinetry, and the single bathroom for a three-bedroom layout reflects an older configuration. While the exterior has been refreshed with paint, the interior finishes and likely aging systems suggest a renovation age of over 20 years, requiring modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7010, living area = 1044.
The oversized 7,010 sq ft lot offers a rare footprint for expansion in Mount Washington, providing ample space for a detached ADU or a substantial home addition to increase equity.
Perfectly positioned near Mt. Washington hiking trails and trendy Cypress Park hotspots, the property also benefits from proximity to the highly-regarded Mt. Washington Elementary School.
A three-bedroom layout served by only one bathroom is a significant functional drawback for modern families and may necessitate immediate renovation to add a second bath.
At just 1,044 square feet, the interior living space is relatively small for a three-bedroom home, potentially resulting in cramped common areas and limited storage.
Situated on a peaceful, quiet street, this charming 3-bedroom, 1-bathroom home (1,044 sq ft) balances comfortable living with exceptional future potential. The interior features a spacious layout crafted for easy everyday living and casual entertaining. Outside, the expansive 7,000 sq ft lot includes a large garage and ample footprint for expansion, whether you dream of building a detached ADU or creating an outdoor area for entertaining. Natural light graces the interior, highlighting the home's thoughtful layout and inviting atmosphere. The living area anchors the interior with a warm, open layout. In the back yard, enjoy fresh home-grown limes, lemons, and pomegranates. Outside, the property offers ample opportunities to personalize and create your outdoor haven. The neighborhood provides the ideal backdrop for enjoying the vibrant Los Angeles lifestyle while maintaining a sense of tranquility. Situated in one of North East Los Angeles's most desirable and convenient pockets, this property sits just minutes from great hikes in and around Mt. Washington, as well as vibrant Cypress Park hotspots like Loquat and Barra Santos. Don't miss the opportunity to make this charming property your own.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,044 | 1,664.159 |
| Lot Size | 7,010 | 6,066.556 |
| Price | $979.0K | $1.35M |
| Price per sq ft | $938 | $806 |
| Built year | 1927 | 1939 |
| HOA | $0 | $278 |
| Days on market | 14 | 55 |
Aug 26, 2026
$979,000
Initial Listing
Jun 30, 2011
$400,000
Public Record
Mar 31, 2008
$350,000
Public Record
Jun 28, 2005
$415,000
Public Record
May 12, 1995
$15,000
Public Record