
Los Angeles, California 90018
This property presents a High-Potential Investment Opportunity with a List Price of $1,300,000—positioned well above the $1,249,224 Fair Market Value by 4%. While the property requires modernization, its Condition Rating of 4 reflects a functional, well-maintained structure with a 2-car garage and rare alley access. Located near USC and DTLA, the home offers significant rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to add value through cosmetic renovations in a high-demand urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3111 Halldale Ave. Subject | $1,050,000* List Price | 4 | 2 | 1,545 | $658 | - |
A 2916 Halldale Sold | $795,000 | 3 | 2 | 1,392 | $571 | 0.2 mi |
B 2345 W 30th Street Sold | $1,050,000 | 3 | 2 | 1,286 | $816 | 0.9 mi |
C 2321 W 31st Street Sold | $1,360,000 | 3 | 2 | 1,549 | $878 | 0.9 mi |
D 1788 W 37th Pl. Sold | $740,000 | 3 | 1 | 1,064 | $695 | 0.6 mi |
E 2114 W 28th Street Active | $996,000 List Price | 4 | 2 | 1,696 | $587 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this 47-year-old property is functional but significantly dated. The bathroom features older tile work, fixtures, and a sliding door style consistent with a 20-30+ year old renovation. While the exterior and landscaping are well-maintained, the interior requires modernization of kitchens, baths, and likely aging systems to meet current market standards.
The property is ideally situated minutes from Downtown Los Angeles, USC, and the Jefferson Park Historic Preservation Overlay Zone, offering high demand for commuters and university-related residents.
Rare for this urban area, the home features a 2-car attached garage with direct interior access, a wide street for guest parking, and convenient rear alley access for additional utility.
The front and backyards are designed for easy upkeep and include mature fruit trees, providing an attractive and functional outdoor space without high maintenance costs.
The assigned public schools carry relatively low ratings (ranging from 2 to 4), which may be a significant drawback for families prioritizing high-performing educational districts.
At a list price of $1.3 million for 1,545 square feet, the property is priced aggressively at approximately $841 per square foot, which may limit the buyer pool to those specifically targeting the location.
This property boasted an easy maintenance landscaped front and backyard with fruit trees. Wide street with ample parking. Convenient and direct alley access to the rear yard with parking spaces. The 2-car attached garage with direct access to the kitchen and laundry room. Located just minutes from DTLA, USC, and the most sought Jefferson Park HPOZ (Historic Preservation Overlay Zone).
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,545 | 1,672 |
| Lot Size | 5,853 | 6,067 |
| Price | $1.05M | $1.37M |
| Price per sq ft | $680 | $801 |
| Built year | 1977 | 1939 |
| HOA | $0 | $348 |
| Days on market | 37 | 56 |
Jul 20, 2026
$1,050,000
$1,300,000
-19% Price Drop
Initial Listing
Jun 15, 2026
$1,300,000
Initial Listing