
Los Angeles, California 90047
This property presents a High-Potential Investment Opportunity with a List Price of $649,999—positioned well below the $633,462 Fair Market Value by -2%. Featuring a Fair Condition Rating, this 1940s Spanish Colonial Revival offers a massive 400 sq ft detached office, providing a turnkey ADU conversion path. While the property requires significant interior rehabilitation, the footprint allows for substantial value-add. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to build equity in a high-demand Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2112 W 77th Subject 3 bd · 2 ba · 1,688 sqft · $375 | $649,999* List Price | 3 | 2 | 1,688 | $375 | - |
A 1442 W 83rd Sold 3 bd · 2 ba · 1,577 sqft · $412 · 0.9 mi | $650,000 | 3 | 2 | 1,577 | $412 | 0.9 mi |
B 1960 W 84th Sold 4 bd · 2 ba · 2,061 sqft · $301 · 0.5 mi | $620,000 | 4 | 2 | 2,061 | $301 | 0.5 mi |
C 1838 W 85th Street Sold 3 bd · 2 ba · 1,356 sqft · $480 · 0.7 mi | $650,500 | 3 | 2 | 1,356 | $480 | 0.7 mi |
D 8826 S Van Ness Sold 3 bd · 2 ba · 1,314 sqft · $438 · 0.9 mi | $575,000 | 3 | 2 | 1,314 | $438 | 0.9 mi |
E 2033 W 76th Sold 4 bd · 2 ba · 2,145 sqft · $308 · 0.1 mi | $660,000 | 4 | 2 | 2,145 | $308 | 0.1 mi |
F 2132 W 77th Street Active 3 bd · 2 ba · 1,618 sqft · $479 · 0.0 mi | $775,000 List Price | 3 | 2 | 1,618 | $479 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 and held by the same owner for 47 years, this property is a classic 'fixer' sold as-is. The listing explicitly states it is 'ready for creative updates' and suggests 'stripping away the past,' indicating that the kitchen, bathrooms, and major systems are significantly outdated (30-50+ years) and require a full interior rehab to be functional and safe.
High School: Middle College High School (9/10).
The property features a 400 sq ft legally permitted detached office, providing a turnkey opportunity for an ADU conversion to generate rental income or create a private guest suite.
Listed at $649,999 with a projected post-renovation value exceeding $900,000, this home offers a substantial value-add opportunity for investors or homeowners looking to build immediate equity.
The property is sold in 'as-is' condition and requires significant creative updates and finish work, which will necessitate additional upfront capital and renovation oversight.
The majority of the assigned public schools for this address have low performance ratings (ranging from 1 to 3), which may be a deterrent for families prioritizing high-ranking educational districts.
This classic Spanish Colonial Revival features timeless architecture, signature bay windows, a sparkling fireplace, and an incredible value-add footprint. While the main home features 3 bedrooms, a formal living and dining room with a separate kitchen and laundry area, it is ready for your creative updates. The real standout feature is the massive detached garage. This exterior structure adds approximately 468 sq ft. (18 x 26) is what is legally recorded w/LADBS — perfect for an ADU conversion by simply adding a kitchen/bathroom for extra income; or for your blossoming teenagers that want a private space to hang out with their friends. This home comes complete with a covered carport and is situated to comfortably break the $900K mark upon renovation. This historic gem is a rare find. Brick fencing surrounds the property with a large rear yard and patio for entertaining. Strip away the past, update the finishes, and build immediate equity in a high-demand area. Available for the first time in 47 years! Sold "as is" but an exceptional value-add opportunity.
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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,688 | 1,670.836 |
| Lot Size | 6,708 | 6,152.156 |
| Price | $650.0K | $1.34M |
| Price per sq ft | $385 | $807 |
| Built year | 1940 | 1941 |
| HOA | $0 | $238 |
| Days on market | 13 | 56 |
Oct 27, 2026
$649,999
Initial Listing