4165 2nd, Los Angeles, California 90008, Los Angeles, 90008 - 3 bed, 1 bath
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Los Angeles, California 90008
This property presents a High-Potential Investment Opportunity with a List Price of $770,000—positioned well below the $807,512 Fair Market Value by 4%. This valuation gap offers $37,512 in Instant Equity. Featuring a Fair Condition Rating and a 6,502 sqft lot with ADU Development Potential, this asset is ideal for Buy-and-Hold Investors or Value-Add Developers. Its proximity to major transit hubs and stadiums ensures strong rental demand, despite the current tenant occupancy and necessary modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4165 2nd Subject | $770,000* List Price | 3 | 1 | 1,041 | $776 | - |
A 4116 2nd Avenue Sold | $620,000 | 2 | 1 | 936 | $662 | 0.1 mi |
B 4223 6th Sold | $812,500 | 2 | 1 | 1,176 | $691 | 0.3 mi |
C 3894 3rd Avenue Sold | $735,000 | 3 | 1 | 1,204 | $610 | 0.4 mi |
D 4174 3rd Ave Active | $799,000 List Price | 2 | 2 | 976 | $819 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, this century-old home is being sold 'As-Is' and appears significantly dated. While the description mentions hardwood floors and images show a rooftop HVAC unit, the interior finishes (doors, ceiling fans, and trim) suggest the last major update was over 20 years ago, requiring modernization and minor repairs to meet current standards.
The property is exceptionally well-located near major transit hubs like the Expo Metro Line, USC, and world-class entertainment venues including SoFi Stadium and the Lucas Museum, offering high convenience and rental demand.
The generous 6,502 square foot lot provides ample space for the construction of an Accessory Dwelling Unit (ADU), offering a significant opportunity to increase the property's value and generate passive income.
The home features timeless hardwood and tile flooring throughout a well-flowing layout, situated on a picturesque tree-lined street in the desirable Park Hill Heights neighborhood.
The property is being sold with a tenant in place, which may present challenges for owner-occupant buyers regarding possession and could complicate immediate renovation plans.
Sold in as-is condition, the 1923-built residence offers only one bathroom for three bedrooms, likely requiring additional capital investment for modernization and functional upgrades.
REDUCED FOR A QUICK SALE: Welcome to this 3-bedroom 1 bath home on a tree-lined street in the Park Hill Heights neighborhood of Los Angeles. You will enjoy the way the house flows throughout, with its beautiful hardwood and tile flooring. Spacious inside and out, this would be a perfect place for one to call home. Property is within close proximity to several amenities, including the Baldwin Hills Shopping Center, Crenshaw Expo Train Line to LAX, Expo Metro Train Line to Santa Monica and Downtown LA, close to USC, Exposition Park, Lucas Museum, The Coliseum, BMO Stadium, SoFi Stadium, Quicken Arena, the Forum and Crypto.com Arena. Minutes away from the 10 and 110 Freeways with easy access to many other attractions across the city, not to mention the many restaurants and shops in the area. The lot is large enough to put in an ADU. Please do your due diligence and let's make a deal. This is being sold AS-IS and with tenant.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 1,041 | 1,906.5 | 6% |
| Lot Size | 6,502 | 6,502 | 50% |
| Price | $770.0K | $1.22M | 6% |
| Price per sq ft | $740 | $623 | 71% |
| Built year | 1923 | 1940 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 170 | 2% |
May 6, 2026
$770,000
Initial Listing
Oct 26, 2004
$275,000
Public Record