
Los Angeles, California 90037
This property presents a High-Potential Investment Opportunity with a List Price of $640,000—positioned well above the $554,864 Fair Market Value by 15%. While the current valuation reflects a Condition Rating of 5, the RD2 Zoning and ADU Potential in the detached garage provide significant upside for forced appreciation. Located in a high-demand hub near USC and the Lucas Museum, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to maximize density and rental income through strategic redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4211 S Flower Subject | $640,000* List Price | 2 | 1 | 1,148 | $483 | - |
A 4239 South Raymond Avenue Sold | $565,000 | 2 | 1 | 1,218 | $464 | 0.9 mi |
B 4242 Kenwood Avenue Sold | $592,500 | 2 | 1 | 1,244 | $476 | 1.0 mi |
C 1040 W 45th Street Sold | $575,000 | 2 | 1 | 1,344 | $428 | 0.7 mi |
D 620 W 42nd Place Active Under Contract | $495,000 List Price | 2 | 1 | 1,088 | $455 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912, this property shows significant signs of deferred maintenance and aged systems. The kitchen features dated oak cabinetry and older tile flooring, while the interior has popcorn ceilings and window AC units, indicating a lack of modern central HVAC. The detached garage and exterior structures show visible structural wear, and the listing's emphasis on 'bringing creativity' and RD2 development potential suggests the home requires a full rehab to meet modern standards.
The property is situated on a 6,005 sqft lot zoned RD2, offering significant investment upside with the potential to build up to four units.
Located in a high-demand entertainment hub, the home is walking distance to USC, Exposition Park, BMO Stadium, and the upcoming Lucas Museum of Narrative Art.
A detached two-car garage with an existing bonus room provides a clear path for an Accessory Dwelling Unit (ADU) conversion to maximize rental income.
Built in 1912 and marketed as a 'creative' project, the home likely requires substantial capital investment for modern upgrades and structural repairs.
The majority of the assigned middle and high schools in the immediate vicinity carry low performance ratings, which may limit appeal for families.
Bring your Creativity to Life! This property is a Great Starter Home in Prime Location & Heart of LA. Located minutes away from L.A. LIVE, Downtown LA, USC and walking distance to Exposition Park. An Entertainment HUB home to BMO Stadium, LA Memorial Coliseum, Natural History Museum, The Science Center and for all You Film & Comic Lovers, the Much-Anticipated New Lucas Museum of Narrative Art. This Home offers 2 Spacious Bedrooms, 1 Bathroom, a Large Family Room /Living Room Combo with a Faux Decorative Fireplace, a Formal Dining Room leading into the Kitchen and a Separate Laundry Room with back door access. Other Features include a Front Yard with Privacy Trees, a Long Driveway with Plenty of Parking for up to 3-4 Cars and a Private Back yard with a Wooden Deck ready for your Summer BBQ's. The 2 Car Detached Garage offers a bonus room with High Demand ADU Potential. Zoned as a RD2 Lot, the possibilities are endless as you can build up to 4 units. This is the Perfect Property to Start your Home Ownership Journey or Add Value and Start Your Investment Portfolio. Don't miss this Great Opportunity! See you at the OPEN HOUSE!!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 1,148 | 1,288 | 19% |
| Lot Size | 6,005 | 5,374 | 71% |
| Price | $640.0K | $670.0K | 42% |
| Price per sq ft | $557 | $499 | 74% |
| Built year | 1912 | 1912 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 166 | 6% |
May 28, 2026
$640,000
Initial Listing
Jul 29, 2016
$307,000
Public Record