
Los Angeles, California 90018
This Classic 1923 Bungalow is a Prime Fixer Opportunity and a strategic Value-Add Asset in Jefferson Park. Offered at a List Price of $549,000 against a Fair Market Value of $501,784, the price reflects high demand for transit-oriented assets in this submarket. Featuring a View, the property requires a full renovation to address its Condition Rating of 5. Located blocks from USC and the MTA Expo - Western Station, it offers high rental demand, supported by the top-rated Foshay Learning Center. This acquisition is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1765 W 37th Place Subject | $549,000* List Price | 2 | 1 | 926 | $554 | - |
A 3667 Cimarron Sold | $600,000 | 3 | 1 | 1,134 | $529 | 0.3 mi |
B 1450 W 35th Sold | $425,000 | 1 | 1 | 808 | $526 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1923 bungalow is explicitly marketed as a 'prime fixer' and 'investors and flippers dream,' indicating it requires substantial rehabilitation. Having not been on the market since 1979, the property likely suffers from significant deferred maintenance, outdated electrical, plumbing, and HVAC systems, and interior features that have not been updated in over 45 years.
Situated in the high-demand Jefferson Park and Exposition Park area, the property is approximately 10 blocks from USC, BMO Stadium, and the Natural History Museum, ensuring strong rental and resale appeal.
The home is located just a few blocks from the MTA Expo - Western Station, providing excellent public transportation connectivity for commuters and students.
Priced competitively as a 'fixer-upper' and hitting the market for the first time since 1979, this property offers a rare equity-building opportunity for investors and flippers.
Explicitly listed as a 'fixer,' the property will require a substantial capital investment to address likely structural, cosmetic, and system updates.
At only 926 square feet, the small footprint and 2-bedroom, 1-bathroom configuration may limit the property's appeal to larger families or buyers seeking modern spaciousness.
Having not changed hands in over 40 years, the home likely suffers from deferred maintenance and outdated electrical, plumbing, and HVAC systems that do not meet current codes.
Investors and flippers dream. Classic 1923 bungalow offering 2 bedrooms and 1 bath, featuring a fireplace and formal dining room. Prime fixer opportunity in a desirable area in Jefferson Park and Exposition Park location, just a couple of blocks from MTA Expo - Western Station and approximately 10 blocks from USC, BMO Stadium, and the Natural History Museum. Ideal for renovation, resale, or long-term investment. First time on the market since 1979. Rare opportunity, Don't miss this, it won't last at such an incredible value.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 926 | 1,621 | 9% |
| Lot Size | 3,601 | 5,806.5 | 9% |
| Price | $549.0K | $990.0K | 7% |
| Price per sq ft | $593 | $594 | 50% |
| Built year | 1923 | 1914 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 116 | 159 | 27% |
Feb 10, 2026
$549,000
Initial Listing