3751 E Lanfranco Street, Los Angeles, California 90063, Los Angeles, 90063 - 2 bed, 1 bath
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Los Angeles, California 90063
This Rare Entry-Level Residential Asset is listed at $479,000, representing a stable entry point into the Los Angeles market near its $463,456 Fair Market Value. Maintaining a Condition Rating of 4, the 1922-built home features a functional floor plan and a private patio within the Los Angeles Unified district. Located minutes from Downtown LA, the property’s proximity to transit and employment hubs provides significant utility for urban professionals. This is an ideal acquisition for first-time buyers or Owner-Occupants ready to transition from renting to building equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3751 E Lanfranco Street Subject | $479,000* List Price | 2 | 1 | 827 | $560 | - |
A 3923 Eagle Sold | $460,000 | 4 | 1 | 1,124 | $409 | 0.3 mi |
B 3878 E 1st Pending | $410,000 List Price | 2 | 1 | 846 | $485 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1922-built home is in functional condition but shows significant signs of age and deferred cosmetic maintenance. The original hardwood floors are heavily worn and scuffed throughout the living areas. The kitchen and bathroom feature dated tiling and cabinetry likely from a renovation 20-30 years ago. While the property is livable and includes some updated appliances like a stainless steel refrigerator, the overall aesthetic and infrastructure are outdated, meeting the criteria for a property that is maintained but requires minor updates and repairs to meet modern standards.
Priced under $500,000, this property offers a rare entry-level opportunity in the competitive Los Angeles market, specifically targeted at first-time buyers looking to transition from renting to homeownership.
The home is situated just minutes from Downtown Los Angeles and East LA, providing excellent accessibility to major employment hubs and close proximity to public transportation.
Despite the modest square footage, the intelligently designed floor plan maximizes functionality and comfort, ensuring the living space is practical for everyday modern life.
With only 827 square feet of living area and a small 1,986 square foot lot, the property offers very little room for expansion or significant outdoor activities.
Built in 1922, the century-old structure may require more frequent maintenance or updates to aging systems compared to newer or fully renovated residences.
Rare opportunity to own in Los Angeles under $500,000 priced specifically for a new homeowner ready to stop renting and start building equity! Homes at this price point are extremely limited in this neighborhood, especially with this level of convenience and accessibility. While the home and lot size are modest, the intelligently designed floor plan maximizes functionality and comfort, creating a practical living space ideal for everyday life. Located just minutes from Downtown LA and East LA, this home offers the perfect balance of affordability and location. Public transportation close by is a plus. Ideal for FHA, low down payment, or first-time buyers looking for a smart entry into the market. Opportunities like this don't last schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 827 | 1,170 | 19% |
| Lot Size | 1,986 | 4,877 | 5% |
| Price | $479.0K | $680.0K | 12% |
| Price per sq ft | $579 | $598 | 42% |
| Built year | 1922 | 1925 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 172 | 5% |
Apr 6, 2026
$479,000
Initial Listing
May 10, 2002
$100,000
Public Record