
Los Angeles, California 90047
This Classic Value-Add Asset is listed at $860,000, representing a strategic acquisition in a developing Los Angeles corridor. While the Fair Market Value is $783,558, the price reflects market stability and the significant ADU Conversion Potential of the detached garage. The property maintains a Condition Rating of 4 (Fair), featuring original hardwood flooring and a spacious private patio. Located in the Los Angeles Unified district near major entertainment hubs, this property offers strong rental demand. It is an ideal opportunity for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1917 Lohengrin Subject | $850,000* List Price | 3 | 2 | 1,521 | $537 | - |
A 10520 Ruthelen Sold | $775,000 | 3 | 2 | 1,589 | $488 | 0.4 mi |
B 2153 W 111th Sold | $870,000 | 4 | 2 | 1,725 | $504 | 0.3 mi |
C 2022 W 99th Sold | $725,000 | 3 | 2 | 1,507 | $481 | 0.8 mi |
D 9906 S Van Ness Active Under Contract | $629,000 List Price | 3 | 1 | 1,487 | $423 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this home is well-maintained but shows its age. The kitchen features older cabinets and a basic range hood, despite newer stainless steel appliances. Bathrooms are functional but dated with older fixtures and basic vanities. While flooring appears to be in good condition, the property requires minor updates to bring it to modern standards, particularly in the kitchen and bathrooms, aligning with the 'fair' condition criteria.
Situated in a desirable Los Angeles neighborhood with convenient access to shopping, dining, and major freeways, enhancing its appeal and connectivity.
The detached 2-car garage presents a significant opportunity for an Accessory Dwelling Unit (ADU) conversion, adding substantial value and potential rental income (buyer to verify).
A generous 5,655 sq ft lot offers ample outdoor space for recreation, landscaping, or future expansion possibilities in a dense urban environment.
Built in 1947, the home is over 75 years old, suggesting potential for aging infrastructure and systems (e.g., plumbing, electrical, HVAC) that may require future investment or updates.
While described as well-maintained, the listing does not detail recent major system upgrades or significant modern renovations beyond general flooring, which could be a consideration for an older property.
While a view is present, it is specified as a 'Neighborhood' view, lacking the premium appeal of city, ocean, or mountain vistas that could significantly boost property value.
Welcome to 1917 Lohengrin Street, a charming and well-maintained home located in the heart of Los Angeles. This 3-bedroom, 2.5-bath residence offers 1,521 sq ft of comfortable living space on a 5,655 sq ft lot, blending classic character with everyday functionality. Inside, you’ll find hardwood flooring throughout the main living areas, complemented by tile flooring in the kitchen and bathrooms for easy maintenance. The spacious layout provides a warm and inviting atmosphere, ideal for both relaxing and entertaining. The property features a detached 2-car garage, offering added convenience, storage, or potential ADU considerations (buyer to verify). With a generous lot size and a desirable Los Angeles location close to shopping, dining, and major freeways, this home presents a wonderful opportunity. Don’t miss the chance to own this inviting property with great potential in an established neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,521 | 1,369 | 73% |
| Lot Size | 5,657 | 5,285 | 64% |
| Price | $850.0K | $750.0K | 89% |
| Price per sq ft | $559 | $524 | 62% |
| Built year | 1947 | 1930 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 181 | 24% |
Apr 18, 2026
$850,000
$860,000
-1% Price Drop
Initial Listing
Jan 12, 2026
$860,000
Initial Listing