237 E 140th E, Los Angeles, California 90061, Los Angeles, 90061 - 5 bed, 2 bath
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Los Angeles, California 90061
This 5-bedroom residence represents a High-Potential Investment Opportunity, listed at a List Price of $719,900—positioned well below the $734,925 Fair Market Value by 2%. This valuation gap provides $15,025 in Instant Equity. With a Fair Condition Rating, the property offers a versatile, spacious floor plan ideal for value-add renovations. Its strategic location near major freeways ensures strong rental demand. This asset is an excellent acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 237 E 140th E Subject | $719,900* List Price | 5 | 2 | 1,951 | $377 | - |
A 417 E 140th Sold | $575,000 | 4 | 2 | 1,392 | $413 | 0.2 mi |
B 118 E 137th Street Sold | $655,000 | 3 | 2 | 1,644 | $398 | 0.2 mi |
C 13914 S Main Street Active | $699,000 List Price | 4 | 2 | 1,670 | $419 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1964 and shows signs of being well-maintained but dated. While the exterior and paint appear clean, the interior features older brown carpeting and a bathroom vanity/fixtures that appear to be over 20 years old. There is no mention of recent renovations or upgrades to major systems like HVAC or electric, placing it in the 'Fair' category as it is functional but needs modernization.
With 5 bedrooms, this property offers exceptional utility for large families or multi-generational living, which is a rare and highly sought-after feature at this price point.
Boasting nearly 2,000 square feet of living space, the home provides a versatile and accessible floor plan that maximizes interior comfort without the inconvenience of stairs.
The property is ideally situated near major freeways and public transportation, offering excellent connectivity for professionals working in the greater Los Angeles area.
Built in 1964, the residence likely requires updates to its original systems and finishes to meet the aesthetic and efficiency standards of modern buyers.
The large interior square footage on a 5,001-square-foot lot results in a more modest backyard, potentially limiting space for extensive gardening or large-scale outdoor entertaining.
Welcome to this spacious 5-bedroom, 2-bathroom home featuring 1,951 square feet of living space on a 5,001-square-foot lot. Built in 1964, this single-story residence offers a versatile floor plan with generously sized bedrooms, comfortable living areas, and ample room for a growing family, multi-generational living, or anyone needing extra space for a home office or hobbies. The backyard presents endless possibilities for outdoor entertaining, gardening, or creating your own private retreat. Conveniently located near schools, parks, shopping, dining, public transportation, and major freeways, this property combines space, comfort, and convenience. Don’t miss the chance to make this wonderful home your own! Buyers are advised to verify all information, including square footage, permits, and property condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,951 | 1,672 |
| Lot Size | 5,001 | 6,067 |
| Price | $719.9K | $1.37M |
| Price per sq ft | $369 | $801 |
| Built year | 1964 | 1939 |
| HOA | $0 | $348 |
| Days on market | 13 | 56 |
Jul 9, 2026
$719,900
Initial Listing