213 W 83rd Street, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
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Los Angeles, California 90003
This 1912 Craftsman residence represents a High-Potential Investment Opportunity, listed at a List Price of $629,000—positioned slightly above the $611,028 Fair Market Value. While the property requires updates due to its Fair Condition Rating, the oversized 5,336 sq. ft. lot offers significant potential for an ADU addition to drive long-term appreciation. Its strategic location near the 110 Freeway ensures strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project in a central Los Angeles corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 213 W 83rd Street Subject | $599,000* List Price | 2 | 1 | 928 | $629 | - |
A 429 E 92nd Sold | $619,000 | 2 | 1 | 884 | $700 | 1.0 mi |
B 214 E 76th Place Sold | $455,000 | 4 | 1 | 855 | $532 | 0.5 mi |
C 433 E 74th Street Sold | $535,000 | 2 | 1 | 854 | $626 | 0.8 mi |
D 122 E 83rd Street Sold | $600,000 | 2 | 2 | 1,180 | $508 | 0.2 mi |
E 230 E 75th Street Sold | $680,000 | 3 | 1 | 890 | $764 | 0.6 mi |
F 332 E 79th Street Active Under Contract | $549,999 List Price | 2 | 1 | 1,008 | $546 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1912 and, while functional, shows significant dating. The kitchen features oak cabinetry and tile countertops likely 20-30 years old, and the living area contains popcorn ceilings. Although the listing describes it as 'well-kept,' the age of the finishes and likely older systems necessitate updates to meet modern standards.
Built in 1912, this home retains its original Craftsman-style charm and architectural character, offering a unique aesthetic and historical appeal that stands out in the local market.
The oversized 5,336 sq. ft. lot provides significant outdoor space and excellent potential for future expansion or the addition of an Accessory Dwelling Unit (ADU) to increase value.
The property features gated parking for added security and convenience, coupled with a strategic location offering easy access to the 110 Freeway and Downtown Los Angeles.
With only 928 sq. ft. of living space, the home's interior footprint is relatively small, which may limit its appeal to larger families or buyers requiring more storage.
As a structure built over 110 years ago, the property may require more frequent maintenance or specialized updates to its aging systems compared to more contemporary residences.
Great opportunity! This single family residence is in great shape! Beautiful Craftsman-style home full of character and charm in Southeast Los Angeles. This 2 bedroom, 1 bathroom residence is in great condition and offers 928 sq. ft. of comfortable living space on an oversized 5,334 sq. ft. lot. Enjoy gated parking for added convenience and security, plus easy access to the 110 Freeway and Downtown Los Angeles. Currently used as an investment property and priced to sell quickly. A fantastic opportunity to own a well-kept home with excellent location and long-term potential. *we used Ai on one of the bedroom photos just to remove some laundry and personal items.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 47% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 928 | 1,008 | 40% |
| Lot Size | 5,336 | 5,163 | 62% |
| Price | $599.0K | $610.0K | 40% |
| Price per sq ft | $645 | $545 | 72% |
| Built year | 1912 | 1924 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 168 | 4% |
May 22, 2026
$599,000
$629,000
-5% Price Drop
Initial Listing
May 7, 2026
$629,000
Initial Listing