
Los Angeles, California 90047
This Spanish-style bungalow is a Strong Value Opportunity, listed at $849,900—positioned well below the $860,822 Fair Market Value by 1.27%. This valuation gap offers $10,922 in Instant Equity. Featuring a Condition Rating of 3, the home includes a remodeled kitchen, original hardwood floors, and a covered pergola patio. With an oversized garage offering ADU potential, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation in the growing Vermont Knolls corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2142 W 73rd Subject | $799,000* List Price | 3 | 2 | 1,946 | $430 | - |
A 2042 W 75th Street Sold | $737,000 | 2 | 1 | 1,518 | $486 | 0.2 mi |
B 1728 W 81st Street Sold | $815,000 | 3 | 2 | 1,770 | $460 | 0.8 mi |
C 2033 W 76th Sold | $660,000 | 4 | 2 | 2,145 | $308 | 0.2 mi |
D 1835 W 82nd Street Sold | $780,000 | 3 | 2 | 1,512 | $516 | 0.7 mi |
E 6436 Haas Sold | $750,000 | 3 | 2 | 1,598 | $469 | 0.5 mi |
F 7523 Dalton Avenue Sold | $785,000 | 3 | 2 | 1,523 | $515 | 0.8 mi |
G 7530 S Hobart Boulevard Sold | $820,000 | 3 | 2 | 1,827 | $449 | 0.6 mi |
H 1961 W 84th Sold | $800,000 | 3 | 3 | 2,052 | $390 | 0.8 mi |
I 2032 W 77th St Active Under Contract | $724,999 List Price | 3 | 2 | 2,267 | $320 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1926, the property has undergone a comprehensive renovation likely within the last 10-15 years. The kitchen features functional granite countertops and stainless steel appliances, and the bathrooms have been updated with modern fixtures and quartz vanities. The presence of an exterior HVAC condenser and recessed lighting indicates updated systems, and the overall condition is well-maintained and move-in ready.
High School: Middle College High School (9/10).
This 1926 Spanish-style bungalow perfectly balances vintage character, such as coved ceilings and arched windows, with high-end modern renovations in the kitchen and bathrooms.
The oversized detached two-car garage and large 6,702 sqft lot provide an excellent opportunity for an ADU conversion, offering potential for rental income or multigenerational living.
The immediate public schools assigned to this address have low performance ratings, which may be a significant consideration for families with school-aged children.
As a structure built in 1926, the property may require ongoing maintenance or further inspection of original systems not covered by the recent cosmetic and functional remodels.
Character-rich Spanish-style bungalow with a large detached garage and ADU potential in the Gramercy Park / Vermont Knolls neighborhood of South Los Angeles, CA 90047. This 3-bedroom, 2-bathroom home blends 1930s architecture — arched picture windows, coved ceilings, a decorative fireplace, and original hardwood floors — with a remodeled, functional layout. The formal living room opens through an arched entry to a separate formal dining room, and the expansive eat-in kitchen features solid oak cabinetry, granite countertops, a gas cooktop, stainless steel appliances, a built-in double wall oven, recessed lighting, and a bright breakfast nook. An interior laundry area adds everyday convenience. The primary bedroom connects to an updated bathroom with a walk-in shower, dual-height vanity, and modern finishes, while a second remodeled full bath offers a freestanding soaking tub and quartz-topped vanity. Additional bedrooms provide flexible space for a home office, guest room, or gym. Outside, a long gated driveway leads to an oversized detached two-car garage — a prime candidate for an ADU conversion, income unit, workshop, or studio (buyer to verify with City of Los Angeles). The backyard includes a grassy lawn, a covered pergola patio for outdoor dining, and raised garden beds, all enclosed for privacy. A landscaped front lawn and gated entry complete the curb appeal. Located in the fast-appreciating Vermont Knolls / Gramercy Park corridor, this home offers strong value and long-term upside for first-time buyers, investors, and multigenerational households alike. Enjoy quick access to the Metro K Line, SoFi Stadium and Kia Forum in nearby Inglewood, USC, Downtown Los Angeles, and the 110 and 105 freeways. A rare combination of vintage charm, modern updates, and true ADU-ready square footage in South Los Angeles, 90047.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,946 | 1,664.159 |
| Lot Size | 6,702 | 6,066.556 |
| Price | $799.0K | $1.35M |
| Price per sq ft | $411 | $806 |
| Built year | 1926 | 1939 |
| HOA | $0 | $278 |
| Days on market | 41 | 55 |
Sep 2, 2026
$799,000
$824,900
-3% Price Drop
Initial Listing
Aug 20, 2026
$824,900
$849,900
-3% Price Drop
Initial Listing
Jul 30, 2026
$849,900
Initial Listing