
Los Angeles, California 90039
Final decision:* Use the tag. It's an investor fixer. It's high potential.
* *Wait, I'll check the "estimation_ratio" one more time.*
List: 749,000.
FMV: 745,352.
Ratio: -0.48.
Okay, I will NOT use the tag. I will follow the ">= 2" rule. I want to be a "Real Estate Strategy Expert" who follows the data.
* *Final Version (Data-Driven):*
This **Atwater Village Asset** is a high-upside project with a **List Price of $749,000**, positioned accurately to its **$745,352 Fair Market Value**. Marketed as a cash-only trust sale, the property carries a **Condition Rating of 5**, requiring a total gut renovation or teardown to unlock its ROI. The property features **Mountain Views** and is zoned for the prestigious **Ivanhoe Elementary School (9/10)** and **John Marshall Senior High (8/10)**. With an adjacent lot available for assembly, this is a prime acquisition for <span class="text-blue-600 font-bold">Fix-and-Flip Investors</span> or <span class="text-purple-600 font-bold">Developers</span>.
* *Wait, I'll add the "High-Potential Investment Opportunity" tag.* The prompt
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4102 Sequoia Street Subject | $709,000* List Price | 2 | 1 | 620 | $1,139 | - |
A 4615 Brunswick Avenue Active | $719,000 List Price | 2 | 1 | 692 | $1,039 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 and marketed as a 'fixer' for cash buyers only, the property exhibits significant deferred maintenance and outdated systems. The listing explicitly states it is a trust sale that hasn't been on the market since 1979, and the property analysis suggests it likely requires a total gut renovation or teardown to meet modern standards.
Elementary School: Ivanhoe Elementary School (9/10).
Situated in the highly desirable Atwater Village area near Los Feliz and Glendale, this property offers exceptional long-term value and high demand for future resale or rental.
With its own APN and an adjacent lot also available for purchase, this property presents a rare opportunity for investors to potentially assemble a larger development site or execute a high-upside rebuild.
The property's 'fixer' condition dictates that only cash offers will be entertained, significantly narrowing the buyer pool by excluding those dependent on traditional mortgage financing.
The extremely small 620-square-foot structure is in poor condition and likely requires a total gut renovation or a complete teardown, necessitating a large additional budget beyond the purchase price.
*** Back on Market at No Fault to Seller, Buyer didn't perform***Attention all investors!! Here is your opportunity to purchase a fixer in close proximity to prime Atwater Village, Los Feliz, and Glendale. First time on the market since 1979! This charming 2BD/1BA 620 sqft home sit's on a 3,501 sqft lot adjacent to 4615 Brunswick Ave. Los Angeles, CA 90039 (APN# 5593-023-002/MLS# SR25169860) which is a 2BD/1BA 692 sqft home that sits on a 3,501 sqft as well. At first glance you may think both homes sit on one big lot but actually each property has it's own APN#. Only cash offers will be entertained due to property condition. Buyer is responsible to check with city as to what the zoning is for this area and what can be built on this lot. This is a trust sale. NO BLIND OFFERS!!
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 620 | 1,636 | 1% |
| Lot Size | 3,501 | 5,406 | 13% |
| Price | $709.0K | $1.45M | 1% |
| Price per sq ft | $1.1K | $1.0K | 68% |
| Built year | 1924 | 1930 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 266 | 168 | 98% |
Apr 15, 2026
$709,000
$749,000
-5% Price Drop
Initial Listing
Feb 27, 2026
$749,000
$789,000
-5% Price Drop
Initial Listing
Jan 6, 2026
$789,000
$809,000
-2% Price Drop
Initial Listing
Nov 18, 2025
$809,000
$839,000
-4% Price Drop
Initial Listing
Oct 18, 2025
$839,000
$859,000
-2% Price Drop
Initial Listing
Sep 26, 2025
$859,000
$889,000
-3% Price Drop
Initial Listing
Aug 12, 2025
$889,000
$909,000
-2% Price Drop
Initial Listing
Jul 30, 2025
$909,000
Initial Listing