4139 2nd Ave, Los Angeles, California 90008, Los Angeles, 90008 - 2 bed, 1 bath
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4139 2nd Ave
Los Angeles, California 90008
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,284Sq Ft
6,502Lot Size
Property Price
LIST PRICE$725,000
EST. MARKET VALUE
$696,998
4% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $725,000—positioned well below the $765,388 Fair Market Value by 5%. This valuation gap offers $40,388 in Instant Equity for buyers prepared to address the Condition Rating of 5. While the interior requires a complete rehab, the 6,502 sqft lot and 1,284 sqft footprint provide a solid foundation for value-add renovations. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with significant upside potential.
Estimated Market Value
$696,998
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4139 2nd Ave Subject 2 bd · 1 ba · 1,284 sqft · $543 | $725,000* List Price | 2 | 1 | 1,284 | $543 | - |
A 4122 S Bronson Avenue Sold 3 bd · 2 ba · 1,729 sqft · $532 · 0.8 mi | $920,000 | 3 | 2 | 1,729 | $532 | 0.8 mi |
B 3895 3rd Avenue Sold 3 bd · 2 ba · 1,554 sqft · $457 · 0.4 mi | $710,000 | 3 | 2 | 1,554 | $457 | 0.4 mi |
C 3831 6th Avenue Active 2 bd · 2 ba · 1,565 sqft · $543 · 0.6 mi | $850,000 List Price | 2 | 2 | 1,565 | $543 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1922 with no signs of recent renovations. The interior requires a complete rehab, featuring heavily stained and worn carpeting, damaged wall bases, and a highly outdated kitchen with ancient cabinetry, old linoleum flooring, and dated fixtures.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Lot Size
The property sits on a substantial 6,502 sqft lot with manicured front and backyards, providing exceptional outdoor space for entertaining and potential for future expansion or an ADU.
- Value-Add Potential
With a layout ready for a buyer's personal touch, this home offers a prime opportunity to build equity through modern renovations and cosmetic upgrades in a desirable Los Angeles pocket.
- Spacious Interior Footprint
At 1,284 sqft, the residence offers a larger-than-average living area for a two-bedroom home, featuring an open-concept living and dining space that enhances the sense of scale.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Low School Ratings
The majority of the assigned public schools for this address have low performance ratings, which may be a significant drawback for families prioritizing educational quality.
- Century-Old Infrastructure
Built in 1922, the property likely requires updates to aging systems and structural components to meet modern efficiency and safety standards.
About 4139 2nd Ave
Welcome home to this charming 2-bedroom, 1-bath property featuring a spacious open living and dining area perfect for relaxing or entertaining. The home sits on a beautifully manicured front and backyard, offering a peaceful outdoor retreat and plenty of space to enjoy California living. With its warm layout and well-kept grounds, this property is ready for a buyer to make it their own and add their personal touch. A wonderful opportunity for anyone seeking comfort, potential, and a welcoming place to call home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 6,502 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Forty-Second Street Elementary School
Grades K-5 • 0.2 mi
2/10
Tom Bradley Global Awareness Magnet School
Grades K-5 • 0.4 mi
2/10
Birdielee V. Bright Elementary School
Grades K-5 • 1.1 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,284 | 1,670.836 |
| Lot Size | 6,502 | 6,152.156 |
| Price | $725.0K | $1.34M |
| Price per sq ft | $565 | $807 |
| Built year | 1922 | 1941 |
| HOA | $0 | $238 |
| Days on market | 56 | 56 |
Pricing History
Listed for Sale
Sep 14, 2026
$725,000
Initial Listing