
Los Angeles, California 90007
This High-Capacity Residential Asset is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,296,626 Fair Market Value by 7%. This valuation gap provides $96,626 in Instant Equity for incoming buyers. Maintaining a Condition Rating of 4, the historic 1913 home features a 9-bedroom layout optimized for student housing near USC, complemented by LAR2-1 Zoning and significant ADU potential on a 6,769 sqft lot. With original wood craftsmanship and ample parking, it balances character with high-yield utility. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2506 Juliet Street Subject | $1,200,000* List Price | 9 | 4 | 2,704 | $480 | - |
A 1168 W 35th Street Sold | $1,245,000 | 7 | 6 | 2,204 | $565 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1913, this historic property is well-maintained with 'little deferred maintenance' but retains original wood cabinetry, a vintage staircase, and older finishes that are outdated by modern standards. While functional as a student rooming house, it lacks recent extensive renovations to the kitchen and bathrooms, fitting the criteria for an aged but preserved home.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 9, other record bedroom count = 4.
First time on the market in 19 years! This vacant single-family residence is located near USC within the Adams-Normandie HPOZ. The property features 9 bedrooms and 4 bathrooms with very little deferred maintenance and has previously been operated as a USC student rooming house, offering the ability to be rented by the room. Inside, the home showcases beautiful original wood details throughout, adding warmth and character, along with a kitchen featuring an original U-shape staircase ,built-in pantry, and original wood cabinetry. The property is gated and offers approximately 6-8 parking spaces in the rear, along with additional storage space that may support future ADU potential (buyer to verify). Zoned LAR2-1 and ideally positioned near the USC campus, this is a strong opportunity for both owner-users and investors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 4.0 | 88% |
| Baths | 4.0 | 3.0 | 63% |
| Square foot | 2,704 | 1,791 | 75% |
| Lot Size | 6,769 | 3,429 | 88% |
| Price | $1.20M | $809.5K | 88% |
| Price per sq ft | $444 | $448 | 50% |
| Built year | 1913 | 1909 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 177 | 25% |
Jan 20, 2026
$1,200,000
Initial Listing
Nov 13, 2006
$677,000
Public Record