2049 W 71st Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
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Los Angeles, California 90047
This Renovated 1929 Character Home is a Prime Investment Opportunity, listed at $779,800—positioned well below the $808,434 Fair Market Value by 3%. This valuation gap offers $28,634 in Instant Equity. Featuring a Turnkey Condition Rating, the residence includes a quartz kitchen, stainless appliances, and a private patio. While local elementary scores are modest, the property is served by the 9/10 rated Middle College High School. This is a superior choice for Owner-Occupants or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2049 W 71st Street Subject | $779,800* List Price | 3 | 2 | 1,446 | $561 | - |
A 6515 Cimarron Sold | $830,000 | 3 | 2 | 1,450 | $572 | 0.3 mi |
B 6119 Haas Sold | $834,000 | 3 | 3 | 1,303 | $640 | 0.6 mi |
C 6239 Cimarron Sold | $815,000 | 3 | 2 | 1,344 | $606 | 0.5 mi |
D 2027 W 70th Street Sold | $634,500 | 3 | 2 | 1,425 | $445 | 0.1 mi |
E 1849 W 66th Street Sold | $755,000 | 3 | 2 | 1,316 | $574 | 0.4 mi |
F 7037 Cimarron Street Active | $799,999 List Price | 3 | 2 | 1,410 | $567 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-quality renovation that brings this 1929 home to modern standards. The kitchen is fully updated with new shaker cabinetry, quartz countertops, and stainless steel appliances. Both bathrooms feature contemporary vanities, designer tiling, and new fixtures. With new flooring throughout, recessed lighting, updated windows, and a fresh interior/exterior paint scheme, the home is in turnkey condition with no deferred maintenance.
High School: Middle College High School (9/10).
Built in 1929, this home offers the classic character and curb appeal inherent to Los Angeles' historic residential architecture, providing a unique aesthetic that modern builds often lack.
Given the significant price appreciation since its last sale a year ago, the property likely features comprehensive modern renovations, offering a move-in-ready experience for buyers.
The property is served by local elementary and middle schools with low performance ratings (1-3), which may limit appeal for education-focused families and impact future appreciation.
The listing price reflects a substantial markup from its sale price just one year prior, which could lead to appraisal difficulties or buyer hesitation regarding the current market valuation.
Charming and well-maintained 3-bedroom, 1-bath home offering 1,446 sq ft of comfortable living space. This inviting property features a functional layout with spacious living areas, perfect for both relaxing and entertaining. The kitchen provides ample cabinetry and workspace, while the bedrooms are generously sized with natural light throughout. Enjoy the convenience of a practical floor plan that maximizes space and flow. The property also offers a cozy atmosphere ideal for first-time buyers, downsizers, or investors. With its manageable size and thoughtful design, this home presents a great opportunity to add your personal touch. Don’t miss your chance to own this delightful home with plenty of potential!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
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 | 1,446 | 1,369 | 61% |
| Lot Size | 4,785 | 5,282 | 28% |
| Price | $779.8K | $750.0K | 70% |
| Price per sq ft | $539 | $524 | 56% |
| Built year | 1929 | 1930 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 181 | 7% |
Feb 12, 2026
$779,800
Initial Listing
Feb 5, 2025
$649,000
Public Record
Feb 4, 2025
$640,000
Public Record