3304 W 63rd, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 1 bath
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Los Angeles, California 90043
This property presents a High-Potential Investment Opportunity with a List Price of $560,000—positioned well above the $402,513 Fair Market Value by -39%. Featuring LAR3 Zoning on a 5,400 sqft lot, this Fair Condition Rating asset is a prime candidate for redevelopment rather than residential occupancy. The site offers significant density potential in a high-growth market near major employment hubs. This is a strategic acquisition ideal for Real Estate Developers or Buy-and-Hold Investors focused on long-term land value and multi-unit expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3304 W 63rd Subject | $560,000* List Price | 2 | 1 | 780 | $614 | - |
A 6603 6th Avenue Sold | $595,000 | 2 | 2 | 1,032 | $577 | 0.4 mi |
B 6001 4th Avenue Sold | $510,000 | 2 | 1 | 980 | $520 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1922 (102 years old) with no mention of renovations, this property is explicitly marketed as a 'Developer Opportunity' for its LAR3 zoning. The listing focuses on land value and the potential to build new units, indicating the existing structure is likely unlivable or holds no contributory value.
High School: Middle College High School (9/10).
The LAR3 zoning on this 5,400 sqft lot offers significant opportunity for multi-unit development or expansion, allowing investors to maximize the property's density and value.
The property boasts excellent proximity to major Los Angeles landmarks and employment hubs, including SoFi Stadium, USC, and Downtown LA, ensuring high demand for future units.
Built in 1922 with only 780 sqft of living space, the existing home is likely a teardown or requires a complete overhaul to be competitive in the current market.
The majority of the local public schools assigned to this address have low performance ratings, which may deter traditional family buyers looking for a primary residence.
Developer Opportunity – LAR3 Zoning! Welcome to 3304 W. 63rd St., Los Angeles, a prime development opportunity in the heart of South Los Angeles. This LAR3-zoned lot offers multiple possibilities for development, expansion, or additional units (buyer to verify with the City), making it ideal for developers and investors looking to maximize value. Centrally located, the property provides convenient access to Downtown Los Angeles, major freeways, and popular attractions such as SoFi Stadium, Crypto.com Arena, LA Live, Exposition Park, and the University of Southern California (USC). Nearby transit options, shopping, dining, and entertainment further enhance the desirability of this location. With strong growth and redevelopment activity throughout the area, this is a rare chance to secure a property with significant upside potential in one of Los Angeles’ most active markets. Don’t miss this outstanding opportunity to build and invest in a rapidly evolving neighborhood.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 780 | 1,672 |
| Lot Size | 5,400 | 6,067 |
| Price | $560.0K | $1.37M |
| Price per sq ft | $718 | $801 |
| Built year | 1922 | 1939 |
| HOA | $0 | $348 |
| Days on market | 47 | 56 |
Jun 5, 2026
$560,000
Initial Listing
Mar 12, 2001
$105,000
Public Record
Jun 3, 1998
$120,000
Public Record