
Los Angeles, California 90062
This property presents a High-Potential Investment Opportunity with a List Price of $699,900—positioned well below the $659,623 Fair Market Value by -6%. While the property requires significant capital expenditure due to its Condition Rating of 5, the 6,277 sq. ft. lot and detached garage provide substantial upside for expansion or ADU development. Located near USC and major sports hubs, this asset offers strong rental demand potential. It is an ideal acquisition for Fix-and-Flip Investors or Contractors capable of executing a full-scale restoration.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1763 W 42nd Subject | $699,900* List Price | 2 | 1 | 1,348 | $489 | - |
A 1724 W 43rd Sold | $617,000 | 3 | 1 | 1,406 | $439 | 0.2 mi |
B 3940 Denker Sold | $600,000 | 3 | 2 | 1,196 | $502 | 0.6 mi |
C 4620 S Van Ness Avenue Sold | $600,000 | 2 | 1 | 1,128 | $532 | 0.5 mi |
D 4414 S Van Ness Avenue Sold | $785,000 | 2 | 1 | 1,294 | $607 | 0.4 mi |
E 3970 Dalton Avenue Sold | $600,000 | 2 | 1 | 1,040 | $577 | 0.6 mi |
F 1844 W 39th Place Sold | $807,500 | 3 | 2 | 1,380 | $585 | 0.5 mi |
G 1443 W 48th Street Sold | $625,000 | 2 | 1 | 1,389 | $450 | 0.7 mi |
H 5167 S Gramercy Place Sold | $590,000 | 3 | 1 | 1,530 | $386 | 0.9 mi |
I 4131 S Hobart Boulevard Pending | $750,000 List Price | 3 | 2 | 1,518 | $494 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920 with no evidence of recent renovations, this property is over 100 years old and retains original features that require a full rehab. The listing explicitly states the home needs repairs and updating, and interior photos show dated wood paneling, popcorn ceilings, and visible wall damage in the kitchen area, suggesting outdated systems and fixtures.
This 1920 Craftsman retains its original architectural integrity with features like hardwood floors, a cozy fireplace, and vintage built-in cabinetry that appeal to restoration enthusiasts.
Ideally situated near USC, Downtown LA, and major sports hubs like SoFi Stadium, the property offers excellent proximity to education, culture, and major transportation corridors.
The generous 6,277 sq. ft. lot and detached garage provide a significant opportunity for expansion or the addition of an Accessory Dwelling Unit (ADU) to maximize property value.
The property is noted to need repairs and updating throughout, which will require a substantial additional capital investment beyond the purchase price.
With only one bathroom serving 1,348 sq. ft. of living space, the current layout may be less functional for modern families or multi-tenant rental scenarios.
Charming 1920 Craftsman-style home offering 2 bedrooms, 1 bath, 1,348 sq. ft. of living space, and a 6,277 sq. ft. lot. This classic property retains much of its original character, including a cozy fireplace, original hardwood floors, and built-in cabinetry throughout—even in the bathroom. The spacious kitchen includes a dining area that could also be converted into a home office or additional functional space. A detached garage adds convenience and potential. The home needs repairs and updating, presenting an excellent opportunity for a buyer looking to restore its original charm and add personal touches. Ideally located near USC California, Downtown LA, Natural History Museum of Los Angeles County, and California Science Center. Convenient access to the I-10 and I-110 freeways makes commuting and exploring Los Angeles easy. The home is also approximately 18 minutes from SoFi Stadium, YouTube Theater, Hollywood Park, Kia Forum, Intuit Dome, and the NFL West Coast Headquarters. A rare opportunity to restore a classic Los Angeles Craftsman while enjoying convenient access to education, culture, entertainment, sports, and major transportation corridors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,348 | 1,664.159 |
| Lot Size | 6,279 | 6,066.556 |
| Price | $699.9K | $1.35M |
| Price per sq ft | $519 | $806 |
| Built year | 1920 | 1939 |
| HOA | $0 | $278 |
| Days on market | 19 | 55 |
Aug 21, 2026
$699,900
Initial Listing