201 W 49th, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 1 bath
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Los Angeles, California 90037
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $749,998—positioned well below the $759,996 Fair Market Value by 1%. With a Condition Rating of 3, the property features a detached rear structure and LAR2 Zoning, offering significant upside for ADU development or rental income. The expansive 8,117 sq. ft. lot provides rare density potential in a strategic location near USC. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 W 49th Subject | $749,998* List Price | 3 | 1 | 1,412 | $538 | - |
A 331 W 52nd Place Sold | $630,000 | 3 | 1 | 1,152 | $547 | 0.3 mi |
B 636 W 52nd Sold | $645,000 | 3 | 2 | 1,060 | $608 | 0.6 mi |
C 1041 W 48th Street Pending | $699,000 List Price | 3 | 2 | 1,334 | $524 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1905, the property is well-maintained and move-in ready. It features significant system upgrades including modern mini-split HVAC units. The interior shows a mix of original hardwood and newer laminate flooring, while the kitchen has been refreshed with updated countertops and painted cabinetry. The exterior is recently painted, and the overall condition suggests functional systems and consistent maintenance within the 5-15 year renovation window.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8117, living area = 1412.
The oversized 8,117 sq. ft. lot combined with LAR2 zoning provides significant opportunities for future expansion, multi-unit development, or the addition of an ADU.
The property features a detached rear structure with an additional bedroom and bathroom, offering excellent potential for rental income, a guest house, or a private home office.
Built in 1905, the home may require ongoing maintenance or costly updates to aging systems such as plumbing and electrical to meet modern standards.
There is a notable discrepancy between the official data (3 bed/1 bath) and the marketing description (4 bed/2 bath plus detached unit), which may pose challenges for financing or appraisals.
Great Value on an Oversized 8,115 Sq. Ft. LAR2-Zoned Lot! Welcome to 201 W 49th St, Los Angeles, a well-maintained Craftsman-style home offering 4 bedrooms, 2 bathrooms, and approximately 1,412 sq. ft. of living space on a spacious 8,115 sq. ft. LAR2-zoned lot. With its generous lot size, flexible layout, and future development potential, this property presents a unique opportunity for both homeowners and investors. The bright and inviting floor plan features spacious living and dining areas, a functional kitchen, and a convenient downstairs bedroom with a Jack-and-Jill bathroom. Each bedroom is equipped with its own mini-split system, providing individualized comfort and energy efficiency throughout the home. A long driveway provides tandem parking for multiple vehicles, while the expansive backyard offers plenty of outdoor space to enjoy and entertain. Highlights include a gazebo, BBQ area, and mature avocado, lemon, and guava trees. The exterior has been recently painted, reflecting pride of ownership throughout the property. A detached rear structure with additional living space, a bathroom, and its own private entrance offers flexibility for a home office, creative studio, workspace, or potential income-generating possibilities. The LAR2 zoning may provide opportunities for future expansion, development, or an ADU (buyer to verify). Conveniently located near Downtown Los Angeles, USC, the LA Coliseum, museums, Metro lines, shopping, dining, major freeways, and LAX. This property combines location, versatility, and value in the heart of Los Angeles. Whether you're seeking a primary residence or an investment opportunity, this is a unique property with endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 1,412 | 1,302.5 | 63% |
| Lot Size | 8,117 | 5,375 | 97% |
| Price | $750.0K | $672.5K | 67% |
| Price per sq ft | $531 | $488 | 63% |
| Built year | 1905 | 1912 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 153 | 7% |
May 31, 2026
$749,998
Initial Listing
May 29, 2026
$74,998
Initial Listing
May 7, 2020
$208,500
Public Record
Aug 16, 2018
$418,000
Public Record
Apr 10, 2003
$115,000
Public Record