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 Single Family Residence represents a Strong Value Opportunity, listed at $769,800—positioned well below the $781,403 Fair Market Value by 1.5%. This valuation gap provides $11,603 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a modern open-concept kitchen and updated systems, this home offers immediate move-in readiness. While local school ratings vary, the property’s functional 1,446 sq ft layout and neighborhood views make it an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2049 W 71st Street Subject | $769,800* List Price | 3 | 2 | 1,446 | $540 | - |
A 6515 Cimarron Sold | $830,000 | 3 | 2 | 1,450 | $572 | 0.3 mi |
B 6501 Haas Sold | $750,000 | 3 | 2 | 1,509 | $497 | 0.4 mi |
C 5939 Cimarron Sold | $875,000 | 3 | 2 | 1,340 | $653 | 0.7 mi |
D 1627 W 65th Street Sold | $675,000 | 3 | 2 | 1,348 | $501 | 0.6 mi |
E 1743 W 79th Sold | $810,000 | 3 | 2 | 1,428 | $567 | 0.7 mi |
F 1636 W 70th Sold | $800,000 | 3 | 2 | 1,455 | $550 | 0.5 mi |
G 2049 W 71st Street Active | $779,800 List Price | 3 | 2 | 1,446 | $539 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1929, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features a fully updated open-concept kitchen with quartz countertops and shaker cabinets, new flooring throughout, recessed lighting, and updated dual-pane windows, meeting the criteria for mint condition with no immediate maintenance needed.
High School: Middle College High School (9/10).
At 1,446 square feet, this 3-bedroom, 2-bathroom home offers a generous and practical floor plan that maximizes living space, a notable advantage for properties of this vintage in the Los Angeles area.
Built in 1929, the property retains its original character while being described as well-maintained, providing a solid foundation for buyers seeking a blend of classic architecture and move-in readiness.
The majority of the immediate neighborhood schools carry low performance ratings (1-3), which may be a concern for families prioritizing educational proximity and could impact future resale velocity.
Given its 1929 construction and the listing's mention of adding a 'personal touch,' the property likely requires updates to its systems or finishes to meet modern aesthetic and efficiency standards.
Charming and well-maintained 3-bedroom, 2 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 all buyers...first time home buyers, someone looking for more space and/or an investor. 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 | 1,348 | 62% |
| Lot Size | 4,785 | 5,251 | 27% |
| Price | $769.8K | $725.0K | 70% |
| Price per sq ft | $532 | $514 | 57% |
| Built year | 1929 | 1930 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 140 | 3% |
May 21, 2026
$769,800
Initial Listing
Feb 5, 2025
$649,000
Public Record
Feb 4, 2025
$640,000
Public Record