
Los Angeles, California 90003
This property presents a Strong Value Opportunity with a List Price of $500,000—positioned well below the $530,074 Fair Market Value by 5%. This valuation gap offers $30,074 in Instant Equity for buyers. While the home maintains a Condition Rating of 4, the unpermitted second bathroom and 1911 construction require strategic capital expenditure. This asset is ideal for Buy-and-Hold Investors or first-time buyers capable of managing permit regularization and modernization to unlock long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 204 W 65th Subject 3 bd · 2 ba · 1,148 sqft · $515 | $597,000* List Price | 3 | 2 | 1,148 | $515 | - |
A 205 W Gage Sold 3 bd · 2 ba · 988 sqft · $658 · 0.2 mi | $650,000 | 3 | 2 | 988 | $658 | 0.2 mi |
B 350 W 59th Sold 2 bd · 1 ba · 1,084 sqft · $507 · 0.4 mi | $550,000 | 2 | 1 | 1,084 | $507 | 0.4 mi |
C 156 E 70th Sold 2 bd · 1 ba · 1,006 sqft · $611 · 0.4 mi | $615,000 | 2 | 1 | 1,006 | $611 | 0.4 mi |
D 243 E 79 Sold 3 bd · 2 ba · 1,266 sqft · $395 · 0.9 mi | $500,000 | 3 | 2 | 1,266 | $395 | 0.9 mi |
E 220 E 64th Street Sold 2 bd · 1 ba · 838 sqft · $555 · 0.3 mi | $465,000 | 2 | 1 | 838 | $555 | 0.3 mi |
F 225 E 67th Sold 3 bd · 1 ba · 1,032 sqft · $540 · 0.3 mi | $557,777 | 3 | 1 | 1,032 | $540 | 0.3 mi |
G 149 W 61 Street Active 2 bd · 1 ba · 1,107 sqft · $429 · 0.3 mi | $475,000 List Price | 2 | 1 | 1,107 | $429 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1911, the property shows a well-maintained exterior, but the description of a 'functional' kitchen and an unpermitted second bathroom suggests the interior and systems are dated (>20 years) and require modernization and permit regularization.
Priced at $500,000, this property offers a rare opportunity for homeowners or investors to enter the Los Angeles market at a highly accessible price point for a detached single-family residence.
With only two days on the market before moving to pending status, the property demonstrates exceptionally high demand and strong liquidity in the current local real estate climate.
The home features a functional three-bedroom layout and a second bathroom, providing more living convenience and potential value than typically found in standard 3-bed, 1-bath configurations.
The second bathroom is not reflected in official records, which may present challenges during the appraisal process or require future permitting to ensure full legal compliance.
Originally constructed in 1911, the property may require significant capital expenditure for modernizing aging infrastructure, such as electrical, plumbing, or structural components.
Charming 3-bedroom, 2-bathroom home offering comfortable living spaces and great potential. The property features three bedrooms, a spacious living area, a functional kitchen, and two bathrooms. Please note that only one bathroom is legally permitted/recorded; the second bathroom is not reflected in the official records. Buyer and buyer’s agent to verify permits, square footage, and all property information with the appropriate authorities. Great opportunity for homeowners . Conveniently located near shopping, dining, schools, and major transportation.
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 | 1,148 | 1,670.836 |
| Lot Size | 4,562 | 6,152.156 |
| Price | $597.0K | $1.34M |
| Price per sq ft | $520 | $807 |
| Built year | 1911 | 1941 |
| HOA | $0 | $238 |
| Days on market | 38 | 56 |
Nov 6, 2026
$597,000
$599,900
+0% Price Increase
Initial Listing
Nov 4, 2026
$599,900
$600,000
+0% Price Increase
Initial Listing
Oct 30, 2026
$600,000
$500,000
+20% Price Increase
Initial Listing
Oct 2, 2026
$500,000
Initial Listing
Dec 8, 2014
$295,000
Public Record
Jan 30, 2014
$167,500
Public Record