3990 La Salle, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath
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Los Angeles, California 90062
This property presents a Strong Value Opportunity with a List Price of $690,000—positioned well below the $737,183 Fair Market Value by 6%. This valuation gap offers $47,183 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home requires updates to its 1912 structure, yet offers significant upside through its 6,449 sqft lot and development potential. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on the area's growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3990 La Salle Subject | $690,000* List Price | 3 | 2 | 1,428 | $516 | - |
A 1724 W 43rd Sold | $617,000 | 3 | 1 | 1,406 | $439 | 0.5 mi |
B 1844 W 39th Place Sold | $807,500 | 3 | 2 | 1,380 | $585 | 0.6 mi |
C 1443 W 48th Street Sold | $625,000 | 2 | 1 | 1,389 | $450 | 0.8 mi |
D 3959 Denker Avenue Active | $874,000 List Price | 3 | 2 | 1,500 | $583 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1912, the property shows a mix of conditions. While the bathroom has received a modern renovation (less than 5 years old) with an LED mirror and updated vanity, the exterior and overall description emphasize 'development potential' and 'builders,' suggesting that the core systems and remaining living areas are dated and require updates to meet modern standards.
The property is situated on a generous 6,449 sqft lot adjacent to newly built multi-unit developments, offering significant upside for investors or builders to maximize land use.
Located in a rapidly growing Los Angeles neighborhood with close proximity to major freeways, schools, and shopping, the property is well-positioned for future appreciation.
With a 1,428 sqft layout featuring 3 bedrooms and 2 bathrooms, the home provides a solid and versatile foundation for either a modern renovation or a rental investment.
Built in 1912, the home likely requires extensive updates to major systems such as plumbing, electrical, and foundation to meet current building codes and buyer expectations.
The property offers no views and is located in a high-density area where ongoing construction and development may impact immediate privacy and quiet enjoyment.
Located on a growing street with exciting development potential, 3990 La Salle Ave offers a great investment opportunity. This 3-bedroom, 2-bath home is situated next to newly built multi-unit properties, making it ideal for investors, builders, or buyers looking to capitalize on the area’s continued growth. The property features a functional layout, spacious lot potential, and is conveniently located near schools, shopping, dining, and major freeways. Whether you’re looking to renovate, hold, or explore future development possibilities, this property presents endless potential in an up-and-coming neighborhood.
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 | 1,428 | 1,444 | 50% |
| Lot Size | 6,449 | 5,463 | 84% |
| Price | $690.0K | $750.0K | 41% |
| Price per sq ft | $483 | $547 | 27% |
| Built year | 1912 | 1913 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 150 | 2% |
May 16, 2026
$690,000
Initial Listing