
Los Angeles, California 90062
This Spacious Craftsman Residence is a Strong Value Opportunity, listed at $1,048,000—positioned well below the $1,134,745 Fair Market Value by 7%. This valuation gap offers $86,745 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a fully renovated kitchen and flexible 6-bedroom layout, the property provides immediate rental or multi-generational utility. Its prime location near USC and the Metro ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1746 W 38th Place Subject 6 bd · 5 ba · 2,488 sqft · $416 | $1,048,000* List Price | 6 | 5 | 2,488 | $416 | - |
A 4020 Brighton Avenue Sold 4 bd · 2 ba · 2,294 sqft · $381 · 0.8 mi | $875,000 | 4 | 2 | 2,294 | $381 | 0.8 mi |
B 1848 Middleton Active 4 bd · 3 ba · 2,189 sqft · $502 · 0.2 mi | $1,099,900 List Price | 4 | 3 | 2,189 | $502 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-quality renovation within the last 5 years. It features a brand-new kitchen with modern cabinetry and stainless steel appliances, fully updated bathrooms, new flooring, recessed lighting, and a new roof-mounted HVAC system, placing it in mint, move-in-ready condition.
Situated in the heart of Exposition Park near USC, BMO Stadium, and the Metro, this property offers exceptional convenience and high demand for both residents and potential renters.
The layout features 6 bedrooms and 5 bathrooms total, including two versatile rooms with private entrances and ensuite baths, making it ideal for multi-generational living or rental opportunities.
This 1912 Craftsman has been thoughtfully renovated with a new kitchen, updated bathrooms, and new flooring, blending classic architectural character with contemporary living standards.
Permitting for the two additional versatile rooms is currently 'in process,' which may create uncertainty for buyers regarding final legal compliance and appraisal valuations.
Despite modern surface renovations, the 1912 construction date suggests potential underlying maintenance needs common in century-old homes that may require future capital investment.
Welcome to this beautifully renovated Craftsman-style home on a quiet street in the heart of Exposition Park, just minutes from USC. This exceptional property combines classic charm, modern updates, flexible living spaces, and an unbeatable location. The main residence features 4 bedrooms and 3 bathrooms, with permitted renovations including a fully updated kitchen, renovated bathrooms, new flooring, and bright, open living spaces. also The home features a brand-new central A/C system, new aluminum windows with new energy-efficient screens; The spacious primary suite offers a comfortable private retreat. Two additional versatile rooms each feature a private entrance and ensuite bathroom, ideal for extended family, guests, a home office, or other living needs. Permitting for these additional spaces is currently in process. A long driveway leads to a gated rear yard and spacious two-car garage. Previously identified garage compliance work has been completed. Prime location near USC, Exposition Park, California Science Center, BMO Stadium, the Los Angeles Memorial Coliseum, and Metro, with easy access to Downtown LA, West Adams, Jefferson Park, and beyond. A rare opportunity to own a beautifully renovated home with flexible living options in one of Los Angeles’ most convenient locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 2,488 | 1,670.836 |
| Lot Size | 5,409 | 6,152.156 |
| Price | $1.05M | $1.34M |
| Price per sq ft | $421 | $807 |
| Built year | 1912 | 1941 |
| HOA | $0 | $238 |
| Days on market | 52 | 56 |
Sep 18, 2026
$1,048,000
Initial Listing
Mar 18, 2026
$680,000
Public Record
Mar 17, 2026
$660,000
Public Record