3617 Ramboz Drive, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 1 bath
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3617 Ramboz Drive
Los Angeles, California 90063
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,351Sq Ft
4,371Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$537,948
7% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $499,000—positioned well below the $537,949 Fair Market Value by 7%. This valuation gap offers $38,949 in Instant Equity. Featuring a Fair Condition Rating, the 1928 structure includes an attached studio with a separate gas meter, ideal for rental income. Its proximity to Cal State Los Angeles ensures high tenant demand. This is a Buy-and-Hold Investor asset or a project for Contractors seeking significant value-add potential.
Estimated Market Value
$537,948+$38,948 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 |
|---|---|---|---|---|---|---|
★ 3617 Ramboz Drive Subject 3 bd · 1 ba · 1,351 sqft · $398 | $499,000* List Price | 3 | 1 | 1,351 | $398 | - |
A 1059 N Hicks Ave Sold 3 bd · 2 ba · 1,280 sqft · $445 · 0.4 mi | $570,000 | 3 | 2 | 1,280 | $445 | 0.4 mi |
B 3319 Blanchard Sold 2 bd · 1 ba · 1,034 sqft · $455 · 0.5 mi | $470,000 | 2 | 1 | 1,034 | $455 | 0.5 mi |
C 4208 Blanchard Sold 3 bd · 1 ba · 1,422 sqft · $411 · 0.8 mi | $585,000 | 3 | 1 | 1,422 | $411 | 0.8 mi |
D 4314 Service Sold 3 bd · 1 ba · 1,264 sqft · $277 · 0.9 mi | $350,000 | 3 | 1 | 1,264 | $277 | 0.9 mi |
E 1331 N Hazard Active 2 bd · 1 ba · 948 sqft · $475 · 0.5 mi | $450,000 List Price | 2 | 1 | 948 | $475 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1928 and explicitly marketed as a 'fixer,' this property shows significant deferred maintenance. The bathrooms feature 30-50+ year old tiling and fixtures, the exterior requires repair (visible tarps and cracked concrete), and the listing notes unpermitted additions, indicating a need for a full structural and systems rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The property includes an attached studio with its own kitchen, bathroom, and separate gas meter, providing an excellent opportunity for rental income or multi-generational living.
- Strategic Location
Located in close proximity to Cal State Los Angeles, this home is ideally positioned to attract a steady pool of student or faculty tenants, enhancing its desirability for investors.
- Investment Value
Priced under $500,000 with a motivated seller, this fixer-upper offers significant equity growth potential through renovation in a competitive East Los Angeles market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Permit Uncertainties
Both the third bedroom and the attached studio have unknown permit statuses, which could present challenges with financing, appraisals, and future legal compliance.
- Extensive Repairs Needed
As a designated fixer-upper, the property will require a substantial capital investment to address deferred maintenance and modernize the 1928 structure.
About 3617 Ramboz Drive
***Great lnvestor Opportunity. *** This East Los Angeles Fixer is located Close to Cal State Los Angeles. Tax Roll shows 2 bed 1 bath but there is a 3rd bedroom Permit Unknown. Also there is an attached Studio with it's own Gas Meter for additional Income Potential. Permit Unknown. Studio has it's own Kitchen and Bathroom. Schedule an Appointment to Take a Look Today and Make an Offer. Seller is Motivated!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 4,371 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,351 | 1,670.836 |
| Lot Size | 4,371 | 6,152.156 |
| Price | $499.0K | $1.34M |
| Price per sq ft | $369 | $807 |
| Built year | 1928 | 1941 |
| HOA | $0 | $238 |
| Days on market | 9 | 56 |
Pricing History
Listed for Sale
Oct 31, 2026
$499,000
Initial Listing