
Los Angeles, California 90003
This Craftsman Bungalow represents a Strong Value Opportunity, listed at a List Price of $606,000—positioned well below the $647,132 Fair Market Value by 6%. This valuation gap offers $41,132 in Instant Equity for the buyer. Featuring Zoning R2 and a 6,356 sqft lot, the property is a Fair Condition Rating fixer-upper requiring restoration to its legal duplex status. This is a high-potential asset ideal for Buy-and-Hold Investors or Developers seeking to maximize density through ADU or SB 79 development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 339 W 76th Subject | $606,000* List Price | 3 | 3 | 1,462 | $443 | - |
A 233 W 65th Sold | $710,000 | 0 | 0 | 1,481 | $479 | 0.7 mi |
B 146 83rd Street Sold | $760,000 | 0 | 0 | 1,800 | $422 | 0.7 mi |
C 339 E 65th Active | $694,000 List Price | 4 | 2 | 1,452 | $478 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1914 and explicitly described as a 'fixer,' the property features a dated kitchen and bathrooms that appear to be over 30 years old. The heating system relies on outdated wall units, and the interior requires significant rehabilitation to restore its legal duplex configuration.
Zoned R2 on a generous 6,356 sqft lot, the property offers significant upside for adding ADUs or utilizing SB 79 for increased density and value.
Legally classified as a duplex, this property provides a prime opportunity for investors to restore its multi-unit status and maximize rental yield in a high-demand area.
Built in 1914, this Craftsman Bungalow possesses timeless architectural character that, once restored, commands high market interest and aesthetic value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is a 'fixer' currently configured as a single-family home, requiring substantial capital investment to restore its legal duplex layout and modernize the 1914 structure.
Inaccurate assessor records and the need to reconcile the physical layout with LADBS legal status present potential bureaucratic hurdles and permitting challenges for the buyer.
Craftsman Bungalow Fixer with LOTS of Potential. Zoned R2. Large back yard for potential ADU(s) and/or SB 79 development. Legally a DUPLEX. The family that lived here converted it into one home, so any buyer would need to come in and convert it back. See LADBS records. Assessor records appear to be inaccurate. As a duplex, the property is ideal for an investor, developer, or builder to come in.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 5.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,462 | 2,250 |
| Lot Size | 6,356 | 5,864 |
| Price | $606.0K | $826.7K |
| Price per sq ft | $415 | $395 |
| Built year | 1914 | 1925 |
| HOA | $0 | $0 |
| Days on market | 47 | 83 |
Jun 5, 2026
$606,000
Initial Listing