3424 W 71st, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 1 bath
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Los Angeles, California 90043
This 3-bedroom Value-Add Investment Asset is listed at $775,000, offering a strategic entry into the competitive 90043 corridor. Given the $689,655 Fair Market Value and a Condition Rating of 5, this 1928 residence requires a full-scale rehabilitation to transition into a modern home. The 1,370-square-foot footprint and 4,922-square-foot lot provide a solid foundation for forced appreciation, supported by local comparable sales reaching the high $700k range. Proximity to major freeways and the 9/10 rated Middle College High School ensures strong exit potential for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3424 W 71st Subject | $685,000* List Price | 3 | 1 | 1,370 | $471 | - |
A 6616 S Victoria Sold | $530,000 | 3 | 1 | 1,314 | $403 | 0.2 mi |
B 6316 8th Avenue Sold | $610,000 | 3 | 2 | 1,402 | $435 | 0.6 mi |
C 2410 W 70th Sold | $590,000 | 3 | 1 | 1,483 | $398 | 0.7 mi |
D 7036 6th Avenue Sold | $565,000 | 3 | 1 | 1,163 | $486 | 0.5 mi |
E 3663 W 60th Street Sold | $750,000 | 3 | 2 | 1,308 | $573 | 0.8 mi |
F 6030 Alviso Avenue Pending | $735,000 List Price | 3 | 1 | 1,297 | $567 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928, this property is a classic fixer-upper requiring substantial rehabilitation. The kitchen and bathroom are severely outdated with vintage tiling and old fixtures, while the interior shows significant wear on the original hardwood floors and windows. The listing description and images confirm it is an investment-grade property intended for a full renovation rather than immediate occupancy.
High School: Middle College High School (9/10).
Positioned as a prime opportunity for investors or sweat-equity buyers, this property offers significant upside potential through renovation in a high-demand Los Angeles submarket.
Built in 1928, this residence likely possesses the architectural charm and solid construction typical of the era, providing a unique foundation for a custom restoration project.
The marketing emphasis on 'potential' and 'creating a dream space' suggests the home requires significant modernization or repairs, necessitating additional capital investment.
The majority of the assigned public schools for this address have low performance ratings, which may limit the property's appeal to families prioritizing education.
Welcome to this incredible opportunity in the heart of Los Angeles! Whether you’re looking for your next home or an investment property, this location offers convenience, charm, and endless potential. Located in a desirable neighborhood, this property offers easy access to major freeways, shopping, dining, entertainment, and everything that makes Los Angeles living so exciting. Perfect for buyers looking to create their dream space or investors searching for their next great opportunity.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.8 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 1,370 | 1,430 | 45% |
| Lot Size | 4,922 | 6,264 | 22% |
| Price | $685.0K | $850.0K | 23% |
| Price per sq ft | $500 | $622 | 22% |
| Built year | 1928 | 1926 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 166 | 3% |
Mar 26, 2026
$685,000
$775,000
-12% Price Drop
Initial Listing
Mar 9, 2026
$775,000
Initial Listing
Dec 8, 2004
$307,000
Public Record