3560 Opal Street, Los Angeles, California 90023, Los Angeles, 90023 - 2 bed, 2 bath
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3560 Opal Street
Los Angeles, California 90023
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,142Sq Ft
5,024Lot Size
Property Price
LIST PRICE$629,000
EST. MARKET VALUE
$651,751
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $629,000—positioned well below the $651,751 Fair Market Value by 3%. This valuation gap offers $22,751 in Instant Equity. Featuring a Fair Condition Rating, the home includes a versatile rear living space and bonus room, ideal for rental income or multi-generational use. While the 1922 structure requires modernization, the 5,024 sqft lot provides significant upside. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Estimated Market Value
$651,751+$22,751 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3560 Opal Street Subject 2 bd · 2 ba · 1,142 sqft · $571 | $629,000* List Price | 2 | 2 | 1,142 | $571 | - |
A 1122 Calada Street Sold 3 bd · 2 ba · 1,100 sqft · $500 · 0.2 mi | $550,000 | 3 | 2 | 1,100 | $500 | 0.2 mi |
B 3451 Estrada Sold 3 bd · 2 ba · 1,016 sqft · $591 · 0.2 mi | $600,000 | 3 | 2 | 1,016 | $591 | 0.2 mi |
C 3528 Beswick Pending 3 bd · 2 ba · 1,344 sqft · $547 · 0.1 mi | $734,888 List Price | 3 | 2 | 1,344 | $547 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1922 and shows recent cosmetic refreshments (<5 years) including new laminate flooring and paint. However, the description mentions 'kitchen hookups' and 'bring your vision,' indicating that kitchens and potentially baths are incomplete or require significant finishing. The exterior concrete is severely cracked, and the overall age suggests that core systems likely need updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The attached rear living space with a separate entrance and kitchen hookups offers significant potential for rental income or multi-generational living.
- Versatile Layout
An additional rear bonus room provides flexible space for a home office, hobby room, or creative studio, maximizing the home's functional square footage.
- Development Potential
The 5,024 sqft lot includes a detached garage and ample outdoor space, offering room for future expansion or personalization in a high-demand area.
CONSRISKS & DEFICIENCIES
- Modernization Required
Built in 1922 and marketed as an 'opportunity,' the property likely requires significant updates and repairs to meet modern living standards.
- Limited Bedroom Count
With only two bedrooms, the property may have limited appeal for larger families or buyers seeking more traditional sleeping arrangements.
About 3560 Opal Street
Opportunity awaits at 3560 Opal Street! This property offers a versatile layout with plenty of potential for homeowners and investors alike. A standout feature is the attached rear living space, complete with its own separate entrance, bathroom, and kitchen hookups--offering possibilities for extended family living, guest accommodations, or potential rental income, subject to applicable permits and local regulations.An additional rear bonus room provides even more flexibility for a home office, hobby room, or creative space. The property also features a detached garage and outdoor space with room to make it your own.Whether you're looking for a home to personalize or a property with additional income potential, 3560 Opal Street offers flexibility and opportunity. Bring your vision and explore the possibilities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 5,024 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,142 | 1,670.836 |
| Lot Size | 5,024 | 6,152.156 |
| Price | $629.0K | $1.34M |
| Price per sq ft | $551 | $807 |
| Built year | 1922 | 1941 |
| HOA | $0 | $238 |
| Days on market | 4 | 56 |
Pricing History
Listed for Sale
Nov 5, 2026
$629,000
Initial Listing