
Los Angeles, California 90018
This Value-Add Residential Asset is listed at $1,300,000, positioned at its $1,300,000 Fair Market Value. Built in 1922, the property maintains a Fair Condition Rating, signaling a prime opportunity for interior modernization to capture appreciation. The standout feature is the expansive 8,395 sqft lot, offering significant potential for an ADU or expansion within the Los Angeles Unified district. Located in Mid Los Angeles near the highly-rated Foshay Learning Center and Virginia Road Elementary, this 4-bedroom home with an outdoor patio is a strategic find for Value-Add Investors or Owner-Occupants.
Property is moderate renovation needed.
Built in 1922, this property is over 100 years old. The provided images only show an outdoor patio and backyard, which appear maintained but not recently updated to modern standards. Crucially, there are no interior photos, especially of the kitchen and bathrooms, which are key indicators of property condition. Without any information or visual evidence of recent renovations, it's highly probable that the interior, particularly the kitchen and bathrooms, are significantly outdated and would require minor to moderate updates to meet current aesthetic and functional expectations. The property is likely functional but shows its age, aligning with the 'Fair' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8395, living area = 1722.
The property boasts a substantial lot size of 8395 sqft, offering ample outdoor space for landscaping, potential expansion, or recreational activities, which is a significant asset in Los Angeles.
With 4 bedrooms and 3 bathrooms across 1722 sqft, the residence provides comfortable and versatile living space suitable for families or those desiring extra room.
The property was recently sold within the past year on 2025-10-17. The sold price is $999,000.00. The property was recently sold within the past year on 2025-10-16. The sold price is $960,000.00.
The current listing price of $1,300,000 is 15% higher than the estimated property value of $1,094,138, which may deter potential buyers and pose challenges during appraisal.
The minimal property description ('123') provides no specific details about the home's features, condition, or recent upgrades, making it difficult to effectively market and attract informed buyers.
123
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,722 | 1,542 | 61% |
| Lot Size | 8,395 | 5,805 | 94% |
| Price | $1.30M | $875.0K | 76% |
| Price per sq ft | $755 | $594 | 82% |
| Built year | 1922 | 1914 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 170 | 181 | 47% |
Nov 3, 2025
$1,300,000
Initial Listing
Oct 17, 2025
$999,000
Public Record
Oct 16, 2025
$960,000
Public Record
Sep 25, 2008
$460,818
Public Record
Mar 13, 2006
$683,000
Public Record