1937 Delta, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 2 bath
1937 Delta
Los Angeles, California 90026
Property Price
SUMMARY
Analysis of 1937 Delta, Los Angeles, California 90026 reveals a property with a current list price of $1,800,000, which is 6% above the estimated $1,686,999 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1937 Delta Subject | $1,800,000* List Price | 3 | 2 | 1,625 | $1,038 | - |
A 3017 Fall Avenue Sold | $2,209,750 | 3 | 3 | 1,950 | $1,133 | 0.8 mi |
B 1888 Echo Park Avenue Sold | $1,649,000 | 4 | 2 | 1,661 | $993 | 0.4 mi |
C 1833 Echo Park Avenue Sold | $1,640,000 | 4 | 3 | 1,814 | $904 | 0.3 mi |
D 2116 Princeton Avenue Sold | $1,680,000 | 2 | 2 | 1,452 | $1,157 | 0.7 mi |
E 1711 Sargent Place Sold | $1,700,000 | 3 | 2 | 1,288 | $1,320 | 0.5 mi |
F 1923 Preston Avenue Active | $1,650,000 List Price | 3 | 3 | 2,044 | $807 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property, built in 1917 (with additions in 1944), shows significant signs of age and neglect in the provided images. While the description mentions a 'newer roof' and a 'recently done kitchen and bedroom downstairs,' these areas are not pictured. The visible living room and another bedroom feature very old, possibly stained, purple/maroon carpeting, dated light fixtures, and a general cluttered appearance. The exterior is also unkempt with junk and overgrown vegetation, indicating substantial deferred maintenance. The overall condition suggests that despite some recent updates, the property requires extensive repairs and rehabilitation to meet modern living standards and comfort, aligning with the 'poor' category.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Views
The property boasts expansive 180-degree panoramic views of multiple cities and Malibu on clear days, significantly enhancing its appeal and value.
- Significant Development Potential
With R3 zoning and the option to acquire an adjacent vacant lot and another home as a package, this property offers substantial development opportunities for investors.
- Recent Key Upgrades
Essential updates include a newer roof and a recently renovated kitchen and downstairs bedroom, reducing immediate maintenance concerns for a new owner.
CONSRISKS & DEFICIENCIES
- Advanced Age & Phased Construction
Constructed in two distinct stages (1913 and 1944), the property's age and piecemeal development may present challenges related to structural consistency, outdated systems, and potential for higher maintenance.
- Above Estimated Market Value
The current listing price of $1.8 million is notably higher than the estimated property value of $1.62 million, potentially indicating an aggressive pricing strategy or a premium for development potential not reflected in standard valuations.
- Limited Buyer Pool due to Package Deal
The seller's requirement for a package transaction including an adjacent vacant lot and another home restricts the potential buyer base primarily to developers or investors, excluding traditional single-home purchasers.
About 1937 Delta
The Home was built in different two stages 1913 bottom floor and 1944 the two bedroom and a bathroom upstairs home has a newer roof a recently done kitchen and bedroom downstairs. Fire place of the living room and a great panoramic from the porch of the home. Over 180 panoramic view to many cities and Malibu on a clear day. Seller also wants to sell vacant lot next door as package transaction. 1947 home also for sale for a total land over 20K of R3 zoning for a great project.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1917
- Lot Size
- 6,602 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Clifford Street Elementary School
Grades K-6 • 0.4 mi
Mayberry Street Elementary School
Grades K-6 • 0.4 mi
Elysian Heights Elementary School
Grades K-6 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,625 | 1,544.5 | 55% |
| Lot Size | 6,602 | 5,198.5 | 68% |
| Price | $1.80M | $1.51M | 75% |
| Price per sq ft | $1.1K | $907 | 67% |
| Built year | 1917 | 1925 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 140 | 163 | 33% |
Pricing History
Listed for Sale
Oct 17, 2025
$1,800,000
Initial Listing