
Los Angeles, California 90047
This Entry-Level Residential Asset is listed at $750,000, offering a stable entry point into the Los Angeles market near the $646,007 Fair Market Value. Holding a Condition Rating of 4, the 1950s residence is well-maintained but offers significant upside through modernization of its 1,046 square foot layout. The nearly 4,800 square foot lot presents a High-Potential Investment Opportunity for an Accessory Dwelling Unit (ADU) to maximize density and rental income within the Los Angeles Unified district. This property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2121 W 70th Subject | $750,000* List Price | 2 | 1 | 1,046 | $618 | - |
A 5951 S Van Ness Sold | $615,000 | 2 | 1 | 1,047 | $587 | 0.7 mi |
B 7611 S Hobart Sold | $540,000 | 2 | 1 | 1,067 | $506 | 0.6 mi |
C 2065 W 65th Sold | $566,000 | 2 | 1 | 1,096 | $516 | 0.3 mi |
D 2056 W 70th Sold | $641,000 | 3 | 1 | 1,208 | $531 | 0.1 mi |
E 1855 W 68th Sold | $565,000 | 2 | 1 | 1,094 | $516 | 0.3 mi |
F 2031 W 65th Place Sold | $590,000 | 2 | 1 | 1,106 | $533 | 0.3 mi |
G 1706 W 65th Place Active | $630,000 List Price | 3 | 1 | 1,040 | $606 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this property appears to be a well-maintained but aged residence. While the exterior shows signs of upkeep, including a newer HVAC condenser and decent paint, the lack of interior photos and the property's age suggest that major systems and interior finishes (kitchen/bathrooms) are likely outdated. It meets the 'fair' criteria as a functional home that has been maintained through regular upkeep but likely requires modernization to meet current standards.
At a list price of $750,000, this property offers a relatively accessible entry point into the Los Angeles single-family residential market, making it highly attractive for first-time homebuyers or savvy investors.
The nearly 4,800 square foot lot provides ample outdoor space and significant potential for the addition of an Accessory Dwelling Unit (ADU), which can increase both property value and rental income.
Situated in the Los Angeles Southwest area, the property benefits from a traditional neighborhood feel with convenient proximity to major transit corridors and urban amenities.
With only two bedrooms and one bathroom across 1,046 square feet, the home's footprint may be restrictive for growing families or those requiring a dedicated home office.
Built in 1950, the property likely requires modernization of major systems such as electrical, plumbing, and HVAC to meet contemporary standards and efficiency.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 1,046 | 1,369 | 13% |
| Lot Size | 4,793 | 5,264 | 29% |
| Price | $750.0K | $750.0K | 50% |
| Price per sq ft | $717 | $522 | 92% |
| Built year | 1950 | 1930 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 177 | 1% |
Apr 13, 2026
$750,000
Initial Listing
Dec 15, 1992
$125,000
Public Record