
Los Angeles, California 90744
This property presents a Strong Value Opportunity with a List Price of $749,000—positioned well below the $683,418 Fair Market Value by -9%. While the list price exceeds the current estimation, the property offers significant utility through its 1,038 sq. ft. main residence and 824 sq. ft. rear structure. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and flexible living spaces. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking multigenerational living potential or supplemental rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24417 Broad Avenue Subject | $699,000* List Price | 4 | 2 | 1,862 | $402 | - |
A 507 E Proctor Sold | $760,000 | 3 | 2 | 1,674 | $454 | 0.7 mi |
B 1738 N Wilmington Sold | $710,000 | 3 | 2 | 1,644 | $432 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1951, the property features a renovated kitchen with granite countertops, updated cabinetry, and stainless steel appliances that appear to be within the 10-15 year range. The interior has been well-maintained with updated flooring and recessed lighting, making it move-in ready, despite some dated elements like popcorn ceilings and wall-mounted AC units.
The property features a primary 2-bedroom residence plus a substantial 824 sq. ft. rear structure with its own kitchen and living area, offering rare flexibility for extended families or guest accommodations.
Beyond the living quarters, the gated lot includes a long driveway with covered parking and a separate detached outbuilding, providing ample room for a workshop, storage, or creative studio.
While the official records show 1,038 sq. ft., the total usable living area exceeds 1,860 sq. ft., providing an exceptional amount of interior space and utility for the price point.
The rear structure is not included in the official living area square footage, placing the burden on the buyer to verify permits, zoning compliance, and legal allowable uses.
Both the front and rear units are limited to a single bathroom each, which may be a drawback for larger households or buyers looking for more modern, multi-bath configurations.
Two living spaces. One lot. A lot more options. This unique and flexible Wilmington property offers multiple living areas and exceptional potential for multigenerational living and extended household needs: a comfortable front residence plus a separate rear building, connected by a private patio. The front single-level, east-facing home has 2 bedrooms, 1 bath, and approximately 1,038 sq. ft., featuring an expansive window-lined living room, dining area, updated kitchen with abundant cabinetry, and a beautifully renovated bathroom. Outside, the gated property features low-maintenance landscaping, a covered front porch, a long driveway with covered parking, and a private patio connecting the front and rear. The rear residence at approximately 824 sq. ft. is the difference-maker: 2 bedrooms, 1 bath, its own living area, renovated kitchen, and laundry area for guests - an extended household, or a flexible setup. A detached outbuilding adds storage, a workshop, or a quiet office. With room to personalize and improve over time, this property offers a combination of space, flexibility, and possibilities hard to find at this price point.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,862 | 1,664.159 |
| Lot Size | 5,000 | 6,066.556 |
| Price | $699.0K | $1.35M |
| Price per sq ft | $375 | $806 |
| Built year | 1951 | 1939 |
| HOA | $0 | $278 |
| Days on market | 22 | 55 |
Aug 26, 2026
$699,000
$749,000
-7% Price Drop
Initial Listing
Aug 18, 2026
$749,000
Initial Listing
Aug 29, 2022
$620,000
Public Record
Apr 11, 2022
$480,000
Public Record