407 S Vancouver Avenue, Los Angeles, California 90022, Los Angeles, 90022 - 4 bed, 2 bath
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Los Angeles, California 90022
This property presents a Strong Value Opportunity with a List Price of $645,000—positioned well below the $692,928 Fair Market Value by 6%. This valuation gap offers $47,928 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a comprehensive rehab to modernize its 1927 infrastructure. The Corner Lot and 2-3 Car Garage provide significant utility. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in the Los Angeles Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 407 S Vancouver Avenue Subject | $645,000* List Price | 4 | 2 | 1,328 | $522 | - |
A 671 S Hillview Active Under Contract | $585,000 List Price | 2 | 1 | 1,229 | $476 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1927 with no evidence of recent renovations. The kitchen is severely dated with worn cabinetry and 1970s-style tile, and the exterior shows significant weathering and staining, indicating the home requires a comprehensive rehab.
Positioned on a corner lot, this property features a rare 2-3 car garage and a gated backyard, offering enhanced privacy and significant utility for a Los Angeles residence.
The floor plan includes both a formal living room and an additional family room, providing a spacious and functional flow that maximizes the 1,328 square feet of living space.
The home is ideally situated with immediate access to multiple schools, shopping centers, and major freeways, making it a highly convenient location for commuters and families.
Built in 1927, the property may require substantial capital investment to modernize aging systems such as electrical, plumbing, and foundation to meet current building codes.
The listing data indicates 4 bedrooms while the description mentions 3, which may suggest unpermitted additions or a non-conforming room that could impact appraisal and financing.
This corner property offers a functional and spacious layout featuring a formal living room, dining area, kitchen, and an additional family room adjacent to the main living space. The home includes three bedrooms and two bathrooms, along with a large garage that can accommodate approximately 2–3 vehicles. The property also features a backyard with gated access and is conveniently located near multiple schools, shopping, and freeway access, making it ideal for both comfort and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 82% |
| Baths | 2.0 | 1.0 | 54% |
| Square foot | 1,328 | 976 | 79% |
| Lot Size | 4,800 | 5,013 | 43% |
| Price | $645.0K | $679.5K | 32% |
| Price per sq ft | $486 | $639 | 14% |
| Built year | 1927 | 1928 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 165 | 7% |
May 18, 2026
$645,000
Initial Listing
Aug 13, 2004
$310,000
Public Record