
Los Angeles, California 90047
This property presents a High-Potential Investment Opportunity with a List Price of $799,995—positioned well above the $631,232 Fair Market Value by 26%. While the pricing reflects a premium, the Condition Rating of 4 highlights significant recent capital improvements, including a 2025 roof and HVAC system. The oversized corner lot and detached garage offer substantial ADU potential for income generation. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage existing system upgrades while personalizing the interior to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2059 W 78th Street Subject | $799,995* List Price | 2 | 1 | 1,275 | $495 | - |
A 1901 W 77th Sold | $700,000 | 3 | 1 | 1,296 | $540 | 0.2 mi |
B 2047 W 78th Sold | $595,000 | 3 | 2 | 1,232 | $483 | 0.0 mi |
C 1859 W 79th Street Sold | $730,000 | 2 | 1 | 1,052 | $694 | 0.3 mi |
D 2042 W 75th Street Sold | $737,000 | 2 | 1 | 1,518 | $486 | 0.2 mi |
E 1835 W 82nd Street Sold | $780,000 | 3 | 2 | 1,512 | $516 | 0.4 mi |
F 2014 W 84th Street Sold | $865,000 | 3 | 2 | 1,440 | $601 | 0.5 mi |
G 8701 S Denker Avenue Sold | $736,000 | 2 | 2 | 1,276 | $577 | 0.9 mi |
H 8847 Ruthelen Sold | $650,000 | 2 | 1 | 1,092 | $595 | 0.9 mi |
I 1942 W 76th Street Pending | $699,999 List Price | 3 | 1 | 1,331 | $526 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features excellent recent system upgrades including a new roof and HVAC (2025). However, the interior is significantly dated with worn carpeting and original finishes. The kitchen and bathrooms require modernization, as evidenced by the use of digital renderings in the marketing materials to mask the current dated condition.
Set on an expansive corner lot with standout curb appeal, 2059 W 78th offers a rare combination of character, valuable recent improvements, generous outdoor space, and exceptional potential for its next chapter. A magnificent mature tree anchors the front yard and creates an impressive sense of arrival, while the home's prominent corner position gives the property openness and presence that immediately set it apart. The oversized lot extends around the residence, creating substantial yard space and flexibility rarely found at this price point. One of the property's most compelling features is the detached garage with its own separate access from the main residence, creating an ideal setup to explore a future ADU, guest suite, private office, studio, or income-producing space. Its independent access could allow a future secondary space to function with greater privacy from the primary residence. Several of the home's major systems have already received significant investment, including a new roof on the main residence and garage, completed in 2025; a new rooftop HVAC system, installed in 2025; newer windows; updated shutters; and a newer redwood fence. With many of these larger-ticket improvements already addressed, the next owner has the opportunity to focus on updating and personalizing the home to their own taste. With great bones, exceptional curb appeal, a large corner lot, mature landscaping, substantial outdoor space, and compelling ADU potential, 2059 W 78th Street is an opportunity to create something truly special while building upon improvements already made. A property with presence, flexibility, and room to evolve- ready for its next owner to make it their own.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,275 | 1,664.159 |
| Lot Size | 6,959 | 6,066.556 |
| Price | $800.0K | $1.35M |
| Price per sq ft | $627 | $806 |
| Built year | 1925 | 1939 |
| HOA | $0 | $278 |
| Days on market | 16 | 55 |
Aug 24, 2026
$799,995
Initial Listing
Apr 30, 1999
$133,000
Public Record
Dec 12, 1995
$123,500
Public Record