
Los Angeles, California 90018
This property presents a High-Potential Investment Opportunity with a List Price of $615,000—positioned well below the $626,231 Fair Market Value by 1.8%. This valuation gap offers $11,231 in Instant Equity. With a Condition Rating of 5, the home requires a full interior rehab to modernize its 1941 systems. Its proximity to USC and major transit lines ensures strong rental demand. This is a value-add asset ideal for Buy-and-Hold Investors or Fix-and-Flip Investors targeting the Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3766 Cimarron Street Subject 2 bd · 1 ba · 867 sqft · $722 | $615,000* List Price | 2 | 1 | 867 | $722 | - |
A 2418 Exposition Place Active Under Contract 2 bd · 1 ba · 842 sqft · $771 · 0.4 mi | $649,000 List Price | 2 | 1 | 842 | $771 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941 with no evidence of recent renovations. The kitchen and bathroom are significantly outdated (likely >30 years), and the listing's focus on 'original charm' and 'investment opportunity' suggests the property requires a full rehab to address aging systems and dated interiors.
Situated just minutes from USC and major Metro lines, this property offers exceptional accessibility and high rental demand, making it an ideal opportunity for investors.
The home retains its 1940s character with warm wood flooring and a classic built-in dining hutch, providing a unique aesthetic that appeals to buyers seeking vintage charm.
A covered patio and brick-paved backyard offer a private, low-maintenance space for entertaining, effectively extending the usable living area of the residence.
At only 867 square feet with a single bathroom, the property's small footprint may be a constraint for growing families or buyers looking for modern utility.
The majority of assigned public schools in the immediate vicinity have low performance ratings, which could impact long-term appreciation and appeal to family-oriented buyers.
Great Investment Opportunity! Just minutes away from USC, the Metro line, bus line, restaurants, stores and a lot of other amenities--too many to name. This 2 bedroom/1 bath traditional home maintains its original charm. You are greeted by warm wood flooring and loads of sunshine in the living room. The dining area showcases a built-in corner hutch and segues into the kitchen. The kitchen is equipped with a stove and refrigerator. The service porch has a washer & dryer with a door that leads out to the driveway. The bathroom has a separate tub and shower. Both bedrooms are carpeted. One bedroom has direct access to the back yard. A covered patio and brick area await you in the back yard--perfect for entertaining. One car garage. This little gem won't be around long--hurry!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 867 | 1,670.836 |
| Lot Size | 3,602 | 6,152.156 |
| Price | $615.0K | $1.34M |
| Price per sq ft | $709 | $807 |
| Built year | 1941 | 1941 |
| HOA | $0 | $238 |
| Days on market | 32 | 56 |
Oct 8, 2026
$615,000
Initial Listing
Nov 1, 2001
$140,000
Public Record