1722 Redesdale Avenue, Los Angeles, California 90026, Los Angeles, 90026 - 4 bed, 2 bath
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1722 Redesdale Avenue
Los Angeles, California 90026
ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
4Beds
2Baths
1,456Sq Ft
8,211Lot Size
Property Price
LIST PRICE$1,195,000
EST. MARKET VALUE
$1,240,009
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,195,000—positioned well below the $1,237,794 Fair Market Value by 3%. This valuation gap offers $42,794 in Instant Equity for buyers. With a Condition Rating of 6, the home requires a full-scale renovation, yet the 8,211 sq. ft. lot provides significant upside for redevelopment. Located near top-rated schools like Ivanhoe Elementary, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Estimated Market Value
$1,240,009+$45,009 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1722 Redesdale Avenue Subject | $1,195,000* List Price | 4 | 2 | 1,456 | $852 | - |
A 1546 Elevado Street Sold | $1,110,000 | 3 | 2 | 1,302 | $853 | 0.3 mi |
B 1544 Angelus Avenue Sold | $1,525,000 | 3 | 2 | 1,451 | $1,051 | 0.3 mi |
C 1316 Allesandro Active | $1,050,000 List Price | 2 | 2 | 1,241 | $846 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1926 with no evidence of recent renovations, this property is nearly 100 years old and marketed specifically for redevelopment or total renovation. Interior images show significant neglect, including stained walls and floors, while the description highlights the large lot for builders and investors, indicating the value is primarily in the land.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8211, living area = 1456.
- Great Schools
Elementary School: Ivanhoe Elementary School (9/10).
- Prime Silver Lake Location
Situated in the heart of one of Los Angeles' most desirable neighborhoods, this property offers immediate proximity to trendy dining, boutiques, and the vibrant community atmosphere that drives high demand.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The home requires a full-scale renovation to meet modern living standards, necessitating a large capital outlay and a significant time commitment for construction and permitting.
- Lack of Scenic Views
Unlike many premium properties in the hilly Silver Lake area, this residence is noted as having no views, which may limit its ultimate resale ceiling compared to neighboring hillside homes.
About 1722 Redesdale Avenue
Opportunity knocks in the heart of Silver Lake. This 4-bedroom, 2-bath home sits on an expansive 8,211 sq. ft. lot and offers approximately 1,456 sq. ft. of living space, presenting a rare chance to reimagine a property in one of Los Angeles' most sought-after neighborhoods.Built in 1926, the home is ready for renovation and offers endless possibilities for investors, builders, or owner-users looking to create a custom residence. The generous lot provides ample outdoor space and potential for expansion, redevelopment, or the addition of modern amenities (buyer to verify).Ideally located near Silver Lake's renowned dining, coffee shops, boutiques, parks, and vibrant community atmosphere, this property combines location, character, and upside in a way that's increasingly difficult to find.OFFER DEADLINE Friday 8/14 6:00pm, ALL INSPECTION REPORTS will be uploaded into MLS Thursday 8/13 5:00pm.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 8,211 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Micheltorena Street Elementary School
Grades K-5 • 0.3 mi
5/10
Mayberry Street Elementary School
Grades K-6 • 0.5 mi
2/10
Clifford Street Elementary School
Grades K-6 • 0.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,456 | 1,664.159 |
| Lot Size | 8,211 | 6,066.556 |
| Price | $1.20M | $1.35M |
| Price per sq ft | $821 | $806 |
| Built year | 1926 | 1939 |
| HOA | $0 | $278 |
| Days on market | 33 | 55 |
Pricing History
Listed for Sale
Aug 7, 2026
$1,195,000
Initial Listing