
Los Angeles, California 90062
This Modernized Craftsman represents a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,119,244 Fair Market Value by 6%. This valuation gap provides $69,244 in Instant Equity. Featuring a Mint Condition Rating with updated systems and a private patio, the home offers significant versatility through its ensuite bedrooms. Ideally located near USC and transit, this property is a prime choice for Buy-and-Hold Investors seeking rental income or Owner-Occupants desiring a turnkey, high-utility residence in a dynamic neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1746 W 38th Place Subject | $1,050,000* List Price | 6 | 5 | 2,488 | $450 | - |
A 4431 S Wilton Place Sold | $815,000 | 4 | 3 | 1,643 | $496 | 0.9 mi |
B 1659 W 39th Street Active | $1,195,000 List Price | 5 | 4 | 2,276 | $525 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern renovation within the last 5 years, featuring updated systems, a contemporary kitchen with stainless steel appliances, and fully remodeled bathrooms. The interior shows high-end finishes including wide-plank flooring and recessed lighting, meeting the criteria for mint condition with no immediate maintenance required.
The floor plan includes two bedrooms with private entrances and ensuite bathrooms, providing an excellent opportunity for rental income, guest quarters, or a multi-generational living arrangement.
Situated in the heart of trendy Exposition Park near USC and the Metro, the property offers exceptional accessibility to Downtown LA and major cultural landmarks, ensuring strong long-term value.
This 1912 Craftsman has been updated with contemporary finishes and systems, offering the aesthetic appeal of a character home with the peace of mind of modern functionality.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
The property was recently sold within the past year on 2026-03-18. The sold price is $680,000.00. The property was recently sold within the past year on 2026-03-17. The sold price is $660,000.00.
With a 6-bedroom capacity on a 5,409 square foot lot, the available yard space is relatively small, which may be a constraint for large families or those desiring significant garden space.
Welcome to this light & bright modern Craftsman tucked away on a quiet street in the heart of trendy Exposition Park! Upon entering you will be met with tons of space, warmth and classic character. A large covered front porch invites you into the home, while the long driveway leads to a gated backyard and a spacious two-car garage. The main residence features 4 bedrooms and 3 bathrooms, along with an airy open living and dining area filled with natural light and updated finishes throughout. The ultra expansive primary suite serves as a private retreat and offers direct access to the fenced in exterior courtyard! Adding to the home's amazing versatility are two additional bedrooms, each featuring its own ensuite bathroom and private entrance—ideal for extended family, guests, a home office, or potential income opportunities. The entire property offers the peace of mind of updated systems and the ease of thoughtful functionality. Ideally situated, the property is just moments from USC, the California Science Center, and only a few blocks from the Metro station, providing convenient access to DTLA, Jefferson Park, West Adams and beyond. This rare offering combines timeless charm, flexible living spaces, and an unbeatable location in one of Los Angeles' most dynamic neighborhoods.
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 | 1,672 |
| Lot Size | 5,409 | 6,067 |
| Price | $1.05M | $1.37M |
| Price per sq ft | $422 | $801 |
| Built year | 1912 | 1939 |
| HOA | $0 | $348 |
| Days on market | 13 | 56 |
Jul 9, 2026
$1,050,000
Initial Listing
Mar 18, 2026
$680,000
Public Record
Mar 17, 2026
$660,000
Public Record