247 E 97th, Los Angeles, California 90003, Los Angeles, 90003 - 5 bed, 2 bath
247 E 97th
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 247 E 97th, Los Angeles, California 90003 reveals a Fairly Priced Property with a current list price of $549,000 aligned with the estimated $549,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 247 E 97th Subject | $549,000* List Price | 5 | 2 | 852 | $644 | - |
A 150 E 95th Street Sold | $620,000 | 3 | 1 | 912 | $680 | 0.1 mi |
B 347 E 102nd Street Sold | $550,000 | 3 | 1 | 895 | $615 | 0.3 mi |
C 144 W 101st Street Sold | $600,000 | 3 | 1 | 1,100 | $545 | 0.4 mi |
D 126 E 95th Street Active | $649,000 List Price | 3 | 2 | 1,020 | $636 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1924, this property is 100 years old. While some areas, particularly the converted garage unit, show more recent updates with gray cabinets and tiled floors, the main house kitchen features dated maroon cabinets and blue countertops, and the main bathroom is functional but basic. Popcorn ceilings and window AC units are visible, indicating older systems and aesthetics. The property is livable but shows its age and would require significant updates to meet modern standards, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Flexible Living Space
The garage has been converted into an additional room and bathroom, providing versatile space perfect for extended family, guests, or potential rental income (ADU potential).
- Development Potential (R2 Zoning)
Situated on a large R2-zoned lot, this property offers significant potential for expansion, adding another unit, or future development, enhancing its long-term value.
- Ample Outdoor Space
The property boasts plenty of outdoor space, ideal for entertaining, gardening, or creating a private recreational area.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1924, the home is nearly a century old, which may imply the need for significant updates to systems, infrastructure, or aesthetics to meet modern standards.
- Compact Main House Square Footage
With only 852 sqft for the main 4-bedroom house, the living spaces are likely quite compact, which might be a limitation for buyers seeking more spacious interiors.
- Lack of Desirable Views
The property explicitly states 'view: None', which could be a drawback for buyers who prioritize scenic outlooks or panoramic vistas.
About 247 E 97th
Welcome to this charming 4-bedroom, 1-bath home with a garage converted into an 1 room and 1 bathroom, perfect for extended family or guests. Situated on a large R2-zoned lot, this property offers incredible potential to expand or Enjoy plenty of outdoor space for entertaining or future development. Conveniently located near schools, shops, and major freeways, this home combines comfort, functionality, and investment opportunity
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 5,513 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 852 | 1,100 | 17% |
| Lot Size | 5,513 | 5,209 | 83% |
| Price | $549.0K | $620.0K | 29% |
| Price per sq ft | $644 | $504 | 76% |
| Built year | 1924 | 1923 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 137 | 207 | 20% |
Pricing History
Listed for Sale
Jan 6, 2026
$549,000
$590,000
-7% Price Drop
Initial Listing
Price Change
Dec 15, 2025
$590,000
$549,000
+7% Price Increase
Initial Listing
Price Change
Oct 20, 2025
$549,000
Initial Listing
Sold
Dec 29, 1997
$134,000
Public Record
Sold
Jul 18, 1994
$119,500
Public Record