1724 W 43rd, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 1 bath
ACTIVE UNDER CONTRACT$630,000$1,406/sqft
Est. Value: $685,909
8%
BelowEstimate
1724 W 43rd, Los Angeles, California 90062
3Beds
1Bath
1,406Sqft
6,165Lot
Price Vs. Estimate
The estimated value ($685,909.415) is $55,909.415 (8%) higher than the list price ($630,000). This property may be underpriced.
Key pros and cons
Top Pros:
Prime Los Angeles Location: Situated in the heart of Los Angeles, specifically in the desirable Park Hills Heights area (90062), offering excellent urban accessibility and potential for appreciation.
Top Cons:
Advanced Age of Property: Built in 1912, the property is over a century old, likely requiring extensive modernization, structural assessments, and updates to plumbing, electrical, and HVAC systems.
Compared to the nearby listings
Price:$630.0K vs avg $805.0K ($-175,000)22%
Size:1,406 sqft vs avg 1,424 sqft50%
Price/sqft:$448 vs avg $55622%
More Insights
Built in 1912 (114 years old).
Condition: Built in 1912, this property is explicitly marketed as a 'flip opportunity' requiring 'extensive modernization, structural assessments, and updates to plumbing, electrical, and HVAC systems.' With only one bathroom for three bedrooms and no interior access or photos, it's highly probable that the kitchen and bathroom are severely outdated and require complete renovation. The age of the property and the description indicate substantial repairs and rehabilitation are needed to meet current quality and safety standards, aligning with a 'poor' condition.
Year Built
1912
Close
-
List price
$630K
Original List price
$630K
Price/Sqft
$448
HOA
-
Days on market
-
Sold On
-
MLS number
IV26001020
Home ConditionPoor
Features
ViewNeighborhood
About this home
Excellent opportunity for an Investor looking for the first flip of the year in 2026. Come strike while the iron is hot. 3 bedrooms and 1 bath 1406 square feet located in the heart of the city of Los Angeles. Drive by only. Do not disturb the tenants.
T
TERRILL RILEY
Listing Agent
Condition Rating
Poor
Built in 1912, this property is explicitly marketed as a 'flip opportunity' requiring 'extensive modernization, structural assessments, and updates to plumbing, electrical, and HVAC systems.' With only one bathroom for three bedrooms and no interior access or photos, it's highly probable that the kitchen and bathroom are severely outdated and require complete renovation. The age of the property and the description indicate substantial repairs and rehabilitation are needed to meet current quality and safety standards, aligning with a 'poor' condition.
Pros & Cons
Pros
Prime Los Angeles Location: Situated in the heart of Los Angeles, specifically in the desirable Park Hills Heights area (90062), offering excellent urban accessibility and potential for appreciation.
Significant Investment Potential: Explicitly marketed as an 'excellent opportunity for an Investor looking for the first flip,' indicating strong value-add potential for renovation and resale.
Generous Lot Size: A substantial 6,165 square foot lot in an urban setting provides ample outdoor space, potential for landscaping, or future expansion possibilities.
Established Neighborhood View: The property offers a 'Neighborhood' view, suggesting a sense of community and established surroundings, which can be appealing to buyers.
Access to LAUSD Schools: Located within the Los Angeles Unified High School District, which is a key consideration for families with school-aged children.
Cons
Advanced Age of Property: Built in 1912, the property is over a century old, likely requiring extensive modernization, structural assessments, and updates to plumbing, electrical, and HVAC systems.
Tenant Occupied with Limited Access: The instruction 'Drive by only. Do not disturb the tenants' severely restricts buyer due diligence, including interior inspections, potentially hindering accurate valuation and risk assessment.
Limited Bathroom Count: With 3 bedrooms and only 1 bathroom, the property may not meet the needs or expectations of modern families, potentially impacting its market appeal and resale value without an upgrade.