
Los Angeles, California 90061
This Value-Add Residential Asset is listed at $625,000, offering a high-utility footprint in the Los Angeles Unified district. With a Fair Market Value of $529,116, the property features a spacious 4-bedroom, 2-bathroom layout situated on a private cul-de-sac. Currently holding a Condition Rating of 5, the residence requires a full-scale modernization to address its 1950s infrastructure and deferred maintenance. The 5,200 sq. ft. lot and fenced front yard provide a solid foundation for forced appreciation and long-term ROI. This acquisition is best suited for Fix-and-Flip Investors or Contractors looking to capitalize on a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 417 E 140th Subject | $625,000* List Price | 4 | 2 | 1,392 | $380 | - |
A 318 142nd Street Sold | $654,000 | 3 | 2 | 1,510 | $433 | 0.2 mi |
B 118 E 137th Street Sold | $655,000 | 3 | 2 | 1,644 | $398 | 0.4 mi |
C 13914 S Main Street Active | $699,000 List Price | 4 | 2 | 1,670 | $419 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 with no evidence of significant renovation in over 30 years. The kitchen features dated cabinetry and tile, while the laundry/bathroom areas show unfinished surfaces and aging fixtures. The presence of a wall heater indicates a lack of modern central HVAC, and the overall interior—including wood paneling and green carpeting—requires a full rehab to meet modern standards.
Featuring 4 bedrooms and 2 bathrooms, this property offers a generous and functional floor plan that is highly desirable for growing families or rental income potential.
Situated on a peaceful cul-de-sac with a fenced front yard, the home provides enhanced privacy, safety, and minimal through-traffic compared to through-streets.
Priced competitively for the Los Angeles market, this property serves as an excellent opportunity for investors or first-time buyers to build equity through renovations and 'TLC'.
The listing explicitly states the home needs work, indicating that immediate capital investment will be required for repairs and cosmetic updates.
Built in 1956, the property may require significant upgrades to major systems such as electrical, plumbing, or roofing to meet modern standards.
4 Bedroom, 2 bathroom with fenced in Front yard located on a Cul-de-sac. Needs some TLC. Would be great for a First Time Buyer or Investor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,392 | 1,177.5 | 68% |
| Lot Size | 5,200 | 5,683 | 14% |
| Price | $625.0K | $655.5K | 36% |
| Price per sq ft | $449 | $561 | 32% |
| Built year | 1956 | 1948 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 169 | 4% |
Apr 19, 2026
$625,000
Initial Listing
Aug 22, 2005
$395,000
Public Record
Sep 22, 2003
$217,500
Public Record
Nov 8, 2002
$185,000
Public Record