1852 W 49th, Los Angeles, California 90062, Los Angeles, 90062 - 4 bed, 2 bath
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Los Angeles, California 90062
This 1912 Craftsman Fixer-Upper represents a Prime Investment Opportunity with a List Price of $649,900—positioned well below the $663,667 Fair Market Value by 2%. This valuation gap provides $13,767 in Instant Equity for buyers prepared to address a Condition Rating of 5. Featuring a massive 8,277 sq. ft. lot and a detached 2-car garage with significant ADU potential, the asset is strategically located near USC and BMO Stadium within the Los Angeles Unified district. This high-upside project 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 |
|---|---|---|---|---|---|---|
★ 1852 W 49th Subject | $649,900* List Price | 4 | 2 | 1,768 | $375 | - |
A 1588 W 49th Street Sold | $550,000 | 3 | 2 | 1,631 | $337 | 0.4 mi |
B 5167 S Gramercy Place Sold | $590,000 | 3 | 1 | 1,530 | $386 | 0.2 mi |
C 1933 W 43rd Place Sold | $700,000 | 4 | 2 | 2,298 | $305 | 0.4 mi |
D 1800 W 45th Street Sold | $680,000 | 3 | 1 | 1,938 | $351 | 0.3 mi |
E 1443 W 48th Street Sold | $625,000 | 2 | 1 | 1,389 | $450 | 0.7 mi |
F 4920 S Wilton Place Sold | $515,000 | 2 | 1 | 1,262 | $408 | 0.1 mi |
G 1724 W 43rd Pending | $630,000 List Price | 3 | 1 | 1,406 | $448 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912, this property exhibits significant deferred maintenance as evidenced by the weathered exterior, peeling paint, and visible wood rot on the eaves. The listing's explicit instruction to not walk onto the property, coupled with the lack of interior photos and the presence of construction materials on the porch, strongly suggests that the home requires substantial rehabilitation, system upgrades, and potential structural repairs to meet modern safety and habitability standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8277, living area = 1768.
Situated just minutes from USC, the LA Memorial Coliseum, and BMO Stadium, this property offers exceptional proximity to major educational and entertainment hubs, ensuring high rental demand.
The expansive 8,277 sq. ft. lot features a detached 2-car garage, providing a significant opportunity for an Accessory Dwelling Unit (ADU) conversion to maximize property value and cash flow.
Built in 1912, the property likely requires substantial updates to its core systems and structural components to meet modern building codes and buyer expectations.
The explicit instruction not to walk onto the property suggests potential deferred maintenance, safety concerns, or occupancy issues that may complicate the initial inspection and due diligence process.
Great two story 4-bedroom, 2-bath home in Los Angeles just minutes from University of Southern California, the Los Angeles Memorial Coliseum, and BMO Stadium. This property features a large, spacious backyard and a detached 2-car garage—offering excellent potential for a future ADU conversion. Don’t miss the opportunity to make this your next home! DO NOT WALK ONTO PROPERTY
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,768 | 1,450 | 76% |
| Lot Size | 8,277 | 5,410 | 97% |
| Price | $649.9K | $710.0K | 29% |
| Price per sq ft | $368 | $553 | 15% |
| Built year | 1912 | 1913 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 186 | 3% |
Apr 13, 2026
$649,900
Initial Listing
Jul 3, 1996
$121,500
Public Record