4160 Folsom Street, Los Angeles, California 90063, Los Angeles, 90063 - 2 bed, 1 bath
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Los Angeles, California 90063
This property presents a High-Potential Investment Opportunity with a List Price of $690,000—positioned above the $563,092 Fair Market Value. While the price reflects a premium, the R2 Zoning on a 6,513 sqft lot provides significant upside for future development. With a Condition Rating of 6, the 1922 structure serves as a value-add project for those prioritizing land utility over current living space. This is a strategic acquisition ideal for Buy-and-Hold Investors or Developers focused on long-term growth and density potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4160 Folsom Street Subject | $690,000* List Price | 2 | 1 | 786 | $716 | - |
A 3852 Woolwine Drive Sold | $650,000 | 3 | 1 | 1,005 | $647 | 0.8 mi |
B 1182 N Bonnie Beach Active | $600,000 List Price | 3 | 2 | 968 | $620 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1922 (102 years old) with no mention of renovations to the kitchen, baths, or major systems. The listing emphasizes the R2 zoning and 'future development potential,' which typically indicates the structure is at the end of its economic life and the value lies in the land.
The R2 zoning on a generous 6,513 sqft lot provides significant opportunity for expansion, an ADU, or multi-unit development, appealing to investors and developers.
Ideally situated within walking distance to local schools, neighborhood stores, and dining, offering high convenience and a community-centric lifestyle.
The property offers excellent proximity to major streets and public transportation, ensuring easy access to the broader Los Angeles area.
With only 786 square feet of living area, the interior is quite compact, which may be a constraint for growing families or those needing more room.
Built in 1922, the home likely requires modernization of its aging systems and structural elements to meet current building standards and buyer expectations.
Don't miss this excellent opportunity to own a charming 2 bedroom, 1 bath home on an R2 zoned lot in Los Angeles. Perfect for homeowners , investors, or buying seeking future development potential. The property features a comfortable layout and is ideally located within walking distance of schools, neighborhood stores,shopping, dinning, and everyday conveniences. Easy access to major streets and public transportation adds to the property's appeal
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 786 | 1,672 |
| Lot Size | 6,513 | 6,067 |
| Price | $690.0K | $1.37M |
| Price per sq ft | $878 | $801 |
| Built year | 1922 | 1939 |
| HOA | $0 | $348 |
| Days on market | 40 | 56 |
Jun 12, 2026
$690,000
Initial Listing