
Los Angeles, California 90062
This Residential Care Facility (RCFE) Asset is currently listed at $1,500,000, which is positioned above the $1,280,362 Fair Market Value. While the property does not offer instant equity, it provides a High-Potential Investment Opportunity due to its Mint Condition Rating and fully permitted, turnkey status. Featuring 7 bedrooms and 4 bathrooms, the layout is optimized for high-density operations near USC and major medical centers. This property is an ideal acquisition for Assisted Living Operators or Multi-Generational Households seeking a specialized, move-in ready facility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1801 W 43rd Street Subject | $1,500,000* List Price | 7 | 4 | 2,200 | $582 | - |
A 4920 S Wilton Place Sold | $1,094,000 | 5 | 4 | 2,018 | $542 | 0.5 mi |
B 1659 W 39th Street Active | $1,195,000 List Price | 6 | 6 | 2,276 | $525 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, permitted remodel within the last few years. It features a modern kitchen with stainless steel appliances, updated bathrooms with contemporary tiling, new flooring, and modern mini-split HVAC systems, making it a turnkey residence in mint condition.
Featuring 7 bedrooms and 4 bathrooms, this property is uniquely optimized for high-density residential use, such as a Residential Care Facility for the Elderly (RCFE), assisted living, or a large multi-generational household.
All additions and the garage conversion have been fully permitted, providing essential peace of mind for investors and ensuring the property meets all safety and legal standards for specialized care operations.
The property is ideally situated with easy access to major Los Angeles landmarks including USC, SoFi Stadium, and LAX, offering significant lifestyle convenience and high demand for rental or care services.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2200, other record living area = 1680. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
The current list price of $1.5M is a substantial increase from its 2023 sale price of $715,000, which may lead to appraisal challenges or require a specific niche buyer to justify the valuation.
Fitting 7 bedrooms into 2,200 square feet suggests that individual room sizes are likely small, which could limit appeal for buyers prioritizing spacious private living areas.
Rare opportunity to acquire a 7-bedroom, 4-bathroom property in Los Angeles configured for Residential Care Facility for the Elderly (RCFE) use. This remodeled home offers over 2,000 sq ft of living space with a functional layout well-suited for a 6 bed care home model. The property has been previously permitted for elderly care facility use, presenting a significant advantage for buyers looking to enter or expand within the assisted living sector without starting from the ground up. Interior features include multiple bedrooms for resident accommodation, a converted garage serving as a spacious laundry area with an additional full bathroom, and a layout designed to support efficient daily operations. One of the strongest aspects of this property is its proximity to USC, Exposition Park, and medical centers. For care operators, this means access to staffing, hospitals, and a central location for families visiting residents. Also suitable for multi-generational living or shared housing arrangements, offering added flexibility for a variety of end users.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,200 | 1,664.159 |
| Lot Size | 6,253 | 6,066.556 |
| Price | $1.50M | $1.35M |
| Price per sq ft | $682 | $806 |
| Built year | 1913 | 1939 |
| HOA | $0 | $278 |
| Days on market | 131 | 55 |
May 1, 2026
$1,500,000
Initial Listing
Jul 12, 2023
$715,000
Public Record