
Los Angeles, California 90016
This Value-Add Residential Asset is listed at $1,199,000, positioned accurately alongside its $1,188,327 Fair Market Value. Featuring a Condition Rating of 5, this 1937-built property requires substantial rehabilitation but offers significant upside through its rare 2,127 square foot layout and ADU Potential via a detached garage with an existing bonus room and bath. Located in the high-demand Park Hills Heights area within the Los Angeles Unified School District, the home’s architectural character provides a strong foundation for forced appreciation. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-scale renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3712 Wellington Road Subject | $1,199,000* List Price | 4 | 3 | 2,127 | $559 | - |
A 3770 Somerset Drive Sold | $1,020,000 | 3 | 2 | 2,036 | $501 | 0.1 mi |
B 3734 Chesapeake Active | $870,000 List Price | 4 | 2 | 1,452 | $599 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1937 property is a classic fixer-upper requiring substantial rehabilitation. The interior features heavily dated 1970s-style wood paneling, worn carpeting, and original hardwood floors in need of refinishing. The kitchen and laundry areas are severely outdated with old linoleum flooring, aged cabinetry, and vintage appliances. The listing description confirms significant deferred maintenance, explicitly marketing the home to investors and those with a 'toolbelt' for a full renovation.
The property features a detached garage with an additional room and bathroom not included in the official square footage, offering excellent potential for a guest house or rental unit.
Built in 1937, the home retains classic charm with a formal entry, arched niches, and a fireplace, providing a unique aesthetic foundation for a high-end renovation.
With 2,127 square feet of living space and four bedrooms, this home offers a generous floor plan and scale that is superior to many standard bungalows in the area.
The property is explicitly marketed as a fixer-upper requiring a 'toolbelt,' indicating that substantial capital and time will be needed for essential renovations.
The existing galley-style kitchen and separate laundry area may feel restrictive to modern buyers, likely requiring structural changes to achieve a contemporary open-concept flow.
Welcome to this home that is a dream for an investor or a buyer wanting to put their own ideas for renovations to work. This home qualifies for the FHA renovation loan so ask your lender for it! This four bed three-bathroom home features charm you just don’t find today. Boasting 2,127 square feet of space and 6,240 square foot lot. This home was built in 1937. The seller has had a home inspection, and the report is available upon request. Enter the front door to the formal entry way with a tall, arched niche and hanging lighting. To the left is the formal living room with fireplace. Go back through the entry way and turn right for the formal dining room or go straight to the hall. Off the hall is bedroom one and further is bathroom one. Pass the bathroom and enter bedroom two. Just passed bedroom two are stairs leading up to bedroom three and bathroom number two that is connected to the upstairs bedroom. In the hall there is also bedroom four access and basement access. Head back to the front door and through the formal dining room to enter the eat-in kitchen area and galley kitchen. At the end of the galley kitchen is the laundry area and fourth bedroom which is accessible from both the hall and kitchen area. Passed the laundry is the door to the rear yard. The driveway goes all the way back to the detached garage with a room and bathroom attached. The room off garage and bathroom are not listed in the bedroom or bathroom count and are in addition. Bring your toolbelt and view right away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 2,127 | 1,427 | 85% |
| Lot Size | 6,242 | 5,362.5 | 67% |
| Price | $1.20M | $1.05M | 65% |
| Price per sq ft | $564 | $745 | 20% |
| Built year | 1937 | 1927 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 188 | 2% |
Mar 26, 2026
$1,199,000
Initial Listing