
Los Angeles, California 90065
This property presents a High-Potential Investment Opportunity with a List Price of $858,000—positioned well below the $787,262 Fair Market Value by -8%. While the home currently holds a Condition Rating of 5, the significant renovation requirement allows for substantial forced appreciation. Featuring City Lights views and a 6,450 sqft lot, the asset offers a prime foundation for modernization. Located in the desirable Mt. Washington neighborhood, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to capture long-term value through comprehensive rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4118 Division Street Subject | $858,000* List Price | 2 | 2 | 1,260 | $638 | - |
A 4730 Frieda Drive Sold | $900,000 | 3 | 2 | 1,275 | $706 | 0.5 mi |
B 2630 Saxon Drive Sold | $790,000 | 3 | 2 | 1,320 | $598 | 0.9 mi |
C 3883 Filion Street Sold | $827,000 | 2 | 1 | 1,092 | $757 | 0.8 mi |
D 3456 Division Sold | $750,000 | 3 | 2 | 1,512 | $496 | 0.8 mi |
E 3857 Sunbeam Drive Sold | $850,000 | 3 | 2 | 1,659 | $512 | 0.3 mi |
F 2677 Saxon Sold | $1,110,000 | 3 | 2 | 1,547 | $718 | 0.9 mi |
G 4216 Panamint Street Active | $960,000 List Price | 2 | 1 | 1,144 | $839 | 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, this property is a clear rehab candidate. Interior images show heavily damaged parquet flooring, dated wallpaper, and visible wall deterioration/peeling paint in the bathroom. The listing description explicitly states the home needs significant updates and repairs to be reimagined.
Situated in the highly sought-after Mt. Washington neighborhood, the property offers a unique hillside charm with convenient access to Downtown LA, Hollywood, and Pasadena.
Priced attractively for the area, this home presents an excellent opportunity for investors or owner-users to build significant equity through renovation and modernization.
The property features desirable city light and neighborhood views, a premium asset in the Los Angeles hillside market that enhances long-term resale value.
The home is explicitly noted as needing updates and repairs, indicating that a substantial upfront capital investment will be required to make it move-in ready.
Built in 1941, the property likely requires modernization of major systems such as electrical, plumbing, and HVAC to meet current building standards and buyer expectations.
Mt. Washington neighborhood of Los Angeles - this 2-bedroom, 1.5-bath home presents an incredible opportunity to create something truly special. Surrounded by tree-lined streets, hillside charm, and character-filled homes, this property offers the chance to own in one of the city's desirable communities at an attractive price point. While the home is in need of updates and repairs, its potential is undeniable. Whether you're looking to renovate, personalize, or reimagine the space, this is your chance to bring your vision to life in a location known for its strong sense of community, scenic surroundings, and convenient access to Downtown LA, Hollywood, Pasadena, and beyond. Don't miss this incredible opportunity to invest in location, lifestyle, and long-term value. With the right touch, this hidden gem can truly shine. Schedule your showing today!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,260 | 1,672 |
| Lot Size | 6,450 | 6,067 |
| Price | $858.0K | $1.37M |
| Price per sq ft | $681 | $801 |
| Built year | 1941 | 1939 |
| HOA | $0 | $348 |
| Days on market | 38 | 56 |
Jun 14, 2026
$858,000
Initial Listing
Apr 27, 1988
$170,000
Public Record