
Los Angeles, California 90062
This Charming Bungalow is a Strong Value Opportunity, listed at $699,999—positioned well below the $729,608 Fair Market Value by 4%. This valuation gap provides $29,609 in Instant Equity for the incoming buyer. Featuring a Condition Rating of 3, the home boasts a 2014-remodeled Granite Kitchen, updated bathrooms, and a newer roof. Its strategic proximity to USC and a detached garage with significant ADU Potential offer clear paths for forced appreciation. This is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a turnkey asset in a high-demand rental corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3960 Brighton Subject | $659,999* List Price | 3 | 2 | 1,199 | $571 | - |
A 1618 Middleton Place Sold | $830,000 | 3 | 2 | 1,291 | $643 | 0.5 mi |
B 4174 S Harvard Boulevard Sold | $817,000 | 2 | 2 | 1,148 | $712 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. Although originally built in 1923, it underwent an extensive renovation in 2014 (approximately 10 years ago), which includes an updated kitchen with granite countertops and modernized bathrooms. The roof was replaced within the last 10 years, and the interior features consistent laminate flooring and updated fixtures. It meets the 'good' criteria as the major renovations occurred within the 5-15 year window and the home requires no immediate repairs.
The property's proximity to USC and major Los Angeles freeways makes it a prime candidate for high-demand student housing or a consistent rental income stream.
The detached one-car garage and generous lot size offer a significant opportunity to add an Accessory Dwelling Unit (ADU), maximizing the property's value and density.
With a roof replaced within the last 10 years and a 2014 remodel of the kitchen and bathrooms, the home provides essential modern updates that reduce immediate capital expenditure.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
As a 1923 build, the property may possess aging underlying systems such as plumbing or electrical that often require more frequent maintenance than newer constructions.
The single-car garage may be inadequate for multi-vehicle households, especially if the garage is prioritized for a future ADU conversion.
Charming Bungalow home in a centrally located area of Los Angeles location near USC, offering excellent potential for both homeowners and investors. Situated on a generously sized lot with a long, private driveway, this property provides ample parking and added privacy. The inviting floor plan features an updated kitchen and bathrooms, remodeled in 2014 with granite countertops and modern finishes. The kitchen offers plenty of cabinet space and a functional layout, making it ideal for everyday living and entertaining. Both bedrooms are spacious, and the Den offers a 3rd bedroom option. Nice-sized yard and a separate one-car garage at the rear of the property present exciting ADU potential (buyer to verify with the city), creating an opportunity for additional income, guest quarters, or a private workspace. The property is secured by additional wrought-iron fencing around the front, enhancing both curb appeal and peace of mind. The roof was replaced in the last 10 years, which provides a solid foundation. With its proximity to USC, major freeways, shopping, dining, and public transportation, this property is a rare find in a great location with strong upside potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,199 | 1,395.5 | 32% |
| Lot Size | 4,341 | 5,409 | 12% |
| Price | $660.0K | $710.0K | 29% |
| Price per sq ft | $550 | $554 | 50% |
| Built year | 1923 | 1913 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 186 | 6% |
Apr 3, 2026
$659,999
$699,999
-6% Price Drop
Initial Listing
Feb 27, 2026
$699,999
Initial Listing
Sep 5, 2014
$355,000
Public Record
Feb 19, 2014
$220,000
Public Record
Jul 22, 1994
$127,000
Public Record