
Los Angeles, California 90046
This Value-Add Condominium is a strategic acquisition located just one block from the Runyon Canyon entrance. Listed at $428,000, the property is priced near its $407,468 Fair Market Value and carries a Condition Rating of 5, requiring a full interior rehabilitation. The unit features a City Lights View and is served by the Los Angeles Unified School District, including Gardner Street Elementary. Recent price reductions and seller motivation highlight the potential for forced appreciation in this high-demand pocket. This is an ideal opportunity for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1745 Camino Palmero 440 Subject | $407,000* List Price | 1 | 1 | 743 | $539 | - |
A 7300 Franklin Avenue 652 Sold | $370,000 | 1 | 1 | 826 | $448 | 0.1 mi |
B 7320 Hawthorn Avenue Sold | $361,000 | 1 | 1 | 560 | $645 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 and marketed as an 'investor opportunity,' this unit appears to be in mostly original condition. The interior features outdated popcorn ceilings, worn carpeting, and a kitchen with original cabinetry and old electric appliances. Both the kitchen and bathroom require a full rehabilitation to meet modern standards, aligning with the listing's description as a value-add remodel project.
Situated just one block from the iconic Runyon Canyon entrance, this property offers unparalleled access to premier hiking and outdoor recreation in a highly sought-after Hollywood pocket.
Marketed as an investor opportunity with 'solid bones,' this unit is ideal for a custom remodel, allowing a buyer to build immediate equity through strategic upgrades.
With multiple recent price reductions and explicit seller motivation, there is a strong opportunity for buyers to negotiate favorable terms on a property with significant upside.
The property is positioned as a fixer-upper, meaning it will require additional capital investment and time for repairs before it is move-in ready.
The monthly association fee of $693 is relatively high for a 743-square-foot one-bedroom unit, which may impact long-term affordability and investor cash flow.
Investor opportunity! EASY FIX - Looking for a cash Buyer! Don't miss out on this great opportunity! Street-facing balcony - Full of sun light and no facing no neighbors - PRIVATE and QUIET just one block from the Runyon Canyon entrance. Quiet unit with solid bones and strong upside. Inspection report available at no cost. Ideal for a remodel and value-add project. Seller is motivated—don’t miss this opportunity. Make this place home alone must be verified through sellers agent.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 38% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 743 | 1,045 | 17% |
| Lot Size | 66,604 | 21,607 | 83% |
| Price | $407.0K | $710.0K | 11% |
| Price per sq ft | $548 | $655 | 26% |
| Built year | 1973 | 1972 | 51% |
| HOA | $693.0 | $619 | 64% |
| Days on market | 76 | 190 | 11% |
Apr 20, 2026
$407,000
$415,000
-2% Price Drop
Initial Listing
Apr 4, 2026
$415,000
$417,000
+0% Price Increase
Initial Listing
Mar 29, 2026
$417,000
$428,000
-3% Price Drop
Initial Listing
Mar 18, 2026
$428,000
$430,000
+0% Price Increase
Initial Listing
Mar 9, 2026
$430,000
$432,000
+0% Price Increase
Initial Listing
Feb 24, 2026
$432,000
$435,000
-1% Price Drop
Initial Listing
Feb 11, 2026
$435,000
$437,000
+0% Price Increase
Initial Listing
Feb 7, 2026
$437,000
$437
+99900% Price Increase
Initial Listing
Feb 6, 2026
$437
Initial Listing
Feb 5, 2026
$435
Initial Listing
Jan 28, 1999
$102,000
Public Record