2633 Medlow Avenue, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 1 bath
2633 Medlow Avenue
Los Angeles, California 90065
Property Price
SUMMARY
Analysis of 2633 Medlow Avenue, Los Angeles, California 90065 reveals a property with a current list price of $730,000, which is 10% above the estimated $653,651 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2633 Medlow Avenue Subject | $730,000* List Price | 2 | 1 | 768 | $851 | - |
A 4136 W Avenue 42 Sold | $849,000 | 2 | 2 | 756 | $1,123 | 0.2 mi |
B 4026 Toland Way Sold | $888,000 | 2 | 1 | 825 | $1,076 | 0.6 mi |
C 2834 Delevan Drive Sold | $580,000 | 2 | 1 | 786 | $738 | 0.2 mi |
D 4354 Wawona Street Sold | $855,000 | 1 | 1 | 789 | $1,084 | 0.3 mi |
E 3728 Roderick Road Sold | $849,000 | 3 | 2 | 979 | $867 | 0.8 mi |
F 2834 Delevan Active | $829,000 List Price | 2 | 1 | 786 | $1,055 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property, built in 1948, is explicitly described as a 'fixer-upper' and is being sold 'as-is condition. No contingencies. No repairs, no termite or retrofitting.' This indicates a need for substantial repairs and rehabilitation, including potential issues with structural integrity or safety (implied by 'no termite or retrofitting'). While the single exterior image doesn't show interior conditions, the overall description strongly suggests that major components, including the kitchen and bathroom, are likely in original or very poor condition and require extensive renovation. It is not considered a 'tear-down' as the description mentions 'tremendous potential' for additions to the main house, implying the structure is salvageable, but it is far from move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7620, living area = 768.
- Prime Location
Situated in Glassell Park, described as 'one of LA's hottest neighborhoods,' offering strong market appeal and potential for appreciation.
- Significant Development Potential
A large 7,618 sq ft lot provides ample space for additions to the main house or the construction of an Accessory Dwelling Unit (ADU), enhancing future value.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Explicitly stated as a 'fixer-upper' and sold 'as-is condition. No contingencies. No repairs, no termite or retrofitting,' implying substantial immediate investment for repairs and upgrades.
- Limited Living Space
With only 768 sqft, the current living area is relatively small for a 2-bedroom home, which may not suit all buyer needs without significant expansion.
- Above Market Price
The listing price of $730,000 is 10% higher than the estimated property value of $653,651, potentially making it less competitive given its 'as-is' condition and required renovations.
About 2633 Medlow Avenue
Amazing opportunity on the market for the first time in one of LA's hottest neighborhoods. Tucked away down a private driveway and hidden from the street, this charming fixer-upper in the hills of Glassell Park truly is a diamond in the rough with tremendous potential. You will enjoy Peek-A-Boo views from both levels and a large 7618 sq ft lot which offers endless options for additions on the main house, an ADU, etc. The 2 car garage has a workspace down stairs and offers more creative options. Property is sold as-is condition. No contingencies. No repairs, no termite or retrofitting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 7,620 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 768 | 1,649 | 6% |
| Lot Size | 7,620 | 5,601 | 81% |
| Price | $730.0K | $1.25M | 6% |
| Price per sq ft | $951 | $810 | 75% |
| Built year | 1948 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 646 | 157 | 0% |
Pricing History
No pricing history data available.