3120 W 63rd Street, Los Angeles, California 90043, Los Angeles, 90043 - 1 bed, 1 bath
3120 W 63rd Street
Los Angeles, California 90043
Property Price
SUMMARY
Analysis of 3120 W 63rd Street, Los Angeles, California 90043 is currently available with a list price of $500,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1922, this small residence has been maintained with some updates, including newer windows and laminate flooring. However, the kitchen and bathroom are significantly outdated, featuring older cabinetry, tile work, and basic appliances that likely date back several decades. While functional and livable, the property requires modernization of its core systems and interior finishes to meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Development Potential
The LAR3 zoning offers significant upside for investors or developers looking to build multi-unit housing or expand the existing structure in a high-demand area.
- Vacant Delivery
The property will be delivered vacant, providing a clean slate for immediate move-in, renovation, or development without the complications of tenant relocation.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 570 square feet with a one-bedroom configuration, the home's small footprint limits its appeal to larger households or those needing home office space.
- Aging Infrastructure
Built in 1922, the property likely requires significant modernization of its core systems to meet contemporary standards and buyer expectations.
- Low School Ratings
The majority of the immediate local schools are rated poorly, which may deter families and impact the property's long-term resale value to a broader demographic.
About 3120 W 63rd Street
Charming one-bedroom, one-bath home located in the heart of Los Angeles. This wood-frame residence features updated windows and is situated on an LAR3-zoned lot, offering potential for future development or expansion. The property will be delivered vacant, providing a clean slate for investors, developers, or owner-occupants. A great opportunity in a centrally located neighborhood with easy access to transportation, shopping, and local amenities. Buyer to verify all zoning and development possibilities with the City of Los Angeles.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 2,700 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Yes Academy
Grades K-5 • 0.2 mi
Fifty-Ninth Street Elementary School
Grades K-5 • 0.5 mi
Angeles Mesa Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 2% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 570 | 1,446 | 1% |
| Lot Size | 2,700 | 6,149 | 2% |
| Price | $500.0K | $850.0K | 3% |
| Price per sq ft | $877 | $623 | 96% |
| Built year | 1922 | 1926 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 235 | 177 | 81% |
Pricing History
Listed for Sale
Jan 17, 2026
$500,000
$525,000
-5% Price Drop
Initial Listing
Price Change
Jul 14, 2025
$525,000
Initial Listing