
Los Angeles, California 90047
This property presents a Prime Investment Opportunity with a List Price of $745,000—positioned well below the $763,176 Fair Market Value by 2%. This valuation gap offers $18,176 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers significant value-add potential through cosmetic updates. Its strategic location near major entertainment hubs like SoFi Stadium ensures long-term demand. This is a high-potential acquisition ideal for Buy-and-Hold Investors or first-time buyers looking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1926 Thoreau Street Subject | $745,000* List Price | 3 | 2 | 1,578 | $484 | - |
A 11148 S Wilton Place Sold | $715,000 | 3 | 1 | 1,208 | $592 | 0.2 mi |
B 1645 W 121st Sold | $730,000 | 3 | 2 | 1,537 | $475 | 0.9 mi |
C 10520 Ruthelen Sold | $775,000 | 3 | 2 | 1,589 | $488 | 0.3 mi |
D 9647 S Harvard Sold | $675,000 | 2 | 1 | 1,202 | $562 | 0.8 mi |
E 9906 S Van Ness Sold | $593,000 | 3 | 1 | 1,487 | $399 | 0.8 mi |
F 1500 W 107th Sold | $715,000 | 3 | 3 | 1,620 | $441 | 0.6 mi |
G 1658 W 109th Place Sold | $725,000 | 3 | 2 | 1,754 | $413 | 0.3 mi |
H 10210 S Manhattan Place Sold | $745,000 | 3 | 1 | 1,381 | $539 | 0.6 mi |
I 1917 Lohengrin Active | $850,000 List Price | 3 | 2 | 1,521 | $559 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the home is functional but dated. Interior images show older hardwood floors, worn carpeting, and a bathroom vanity/fixture set that appears to be over 20 years old. The listing description confirms the need for updates and personalization, placing it in the fair category.
The property is ideally situated near major entertainment hubs including SoFi Stadium, Intuit Dome, and the Kia Forum, offering significant long-term appreciation potential and lifestyle convenience.
With 1,578 square feet of living area on a 6,594 square foot lot, this home provides a larger footprint and more functional layout than many comparable three-bedroom residences in the area.
Being move-in ready while offering clear opportunities for personalization allows buyers to build immediate sweat equity through cosmetic updates and modern styling.
The description suggests a need for personalization and updates, indicating that the home likely features older finishes that may require additional investment to meet modern aesthetic standards.
Built in 1947, the property may possess aging systems or structural components typical of mid-century construction that could necessitate future maintenance or upgrades.
Welcome to this inviting 3-bedroom, 2-bathroom single-family home offering 1,578 square feet of comfortable living space in the heart of Los Angeles. Move-in ready with plenty of opportunity to personalize and add your own style, this home is perfect for buyers looking for both immediate comfort and long-term potential. Inside, you'll find a functional floor plan with spacious living areas designed for everyday living and entertaining. The thoughtful layout provides flexibility for a variety of lifestyles while offering the chance to update and create your dream home over time. The water heater has been relocated, providing added convenience and improved functionality. Ideally situated with convenient access to SoFi Stadium, the Kia Forum, Intuit Dome, BMO Stadium, Downtown Los Angeles, major freeways, shopping, dining, and entertainment, this property offers an excellent combination of location and value. This is a fantastic opportunity to own a move-in-ready home with room to make it your own in a desirable Los Angeles neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,578 | 1,672 |
| Lot Size | 6,594 | 6,067 |
| Price | $745.0K | $1.37M |
| Price per sq ft | $472 | $801 |
| Built year | 1947 | 1939 |
| HOA | $0 | $348 |
| Days on market | 2 | 56 |
Jul 23, 2026
$745,000
Initial Listing
Jun 18, 2003
$264,000
Public Record