
Los Angeles, California 90063
This Spacious 1908 Historic Residence is a Strong Value Opportunity, listed at $615,000—positioned well below the $665,000 Fair Market Value by 7%. This valuation gap provides $50,000 in Instant Equity for strategic buyers. Featuring original hardwood floors and a Condition Rating of 4, the 1,422 sq ft layout offers a clear path for forced appreciation through a third-bedroom reconfiguration. Located in the heart of Boyle Heights within the Los Angeles Unified district, this asset balances historic charm with proximity to Downtown LA. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4208 Blanchard Subject | $585,000* List Price | 2 | 1 | 1,422 | $411 | - |
A 1563 Mcgilvrey Sold | $615,000 | 3 | 2 | 1,284 | $479 | 0.9 mi |
B 221 N Herbert Avenue Sold | $733,000 | 3 | 2 | 1,380 | $531 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908, this home retains its historic character and original hardwood floors but shows significant signs of age. While the property appears maintained, the kitchen and single bathroom are dated, and the overall infrastructure requires modernization to meet current standards. It is functional but lacks the recent renovations necessary for a higher rating.
Built in 1908, this home retains timeless architectural details, including original hardwood floors and higher-than-normal ceilings that offer a sense of volume and craftsmanship.
The property features a flexible 1,422 sq ft layout with a viable path to reconfigure the space into a three-bedroom residence, providing an excellent opportunity for equity growth.
Located in the heart of Boyle Heights, the home offers exceptional proximity to Downtown Los Angeles, major freeways, and public transit, making it a strategic spot for urban commuters.
Due to its 1908 construction, the home likely requires significant modernization of core systems and cosmetic updates to meet contemporary buyer expectations.
With only one bathroom serving over 1,400 square feet of living space, the current configuration may be a drawback for families or those looking to maximize the home's rental potential.
Welcome to this classic 1908 Los Angeles home, where timeless character meets exceptional flexibility. Situated on a 5,551 sq ft lot, this 2-bedroom residence offers approximately 1,422 sq ft of living space with multiple opportunities to reconfigure and add value. According to the seller, there is a potential third-bedroom option that was previously considered. The seller had planned to remove the double French doors, relocate the hallway entry door to its original position leading directly into the hallway, and construct a wall with an entry door to create a third bedroom. This option may be explored through negotiations, and all buyers are advised to verify feasibility, permits, and intended use to their satisfaction. Inside, the home features original hardwood floors, higher-than-normal ceilings, and architectural details that reflect the craftsmanship and historic charm of the era. The large living room provides ample space and may offer additional flexibility for buyers, with potential to be reimagined as an expanded living area, bonus room, office, or other creative use, subject to buyer verification. Located in the heart of Boyle Heights, this property offers close proximity to Downtown Los Angeles, major freeways, public transportation, and a vibrant community known for its culture, history, and local dining. Enjoy the convenience of city living while owning a piece of Los Angeles history. This is a rare opportunity to own a character-rich home with room to grow in one of Los Angeles’ most iconic neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,422 | 1,174 | 74% |
| Lot Size | 5,515 | 4,901 | 63% |
| Price | $585.0K | $680.0K | 21% |
| Price per sq ft | $411 | $598 | 9% |
| Built year | 1908 | 1925 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 105 | 172 | 21% |
Apr 4, 2026
$585,000
$615,000
-5% Price Drop
Initial Listing
Mar 6, 2026
$615,000
$665,000
-8% Price Drop
Initial Listing
Jan 7, 2026
$665,000
Initial Listing