
Los Angeles, California 90037
This 1922 Craftsman represents a High-Potential Investment Opportunity, listed at $799,000—positioned well below the $719,958 Fair Market Value by -10%. While the property requires a full interior rehab due to its Condition Rating of 5, the 6,051 sqft lot and proximity to USC and Exposition Park provide significant upside for value-add strategies. The home features original cherrywood trim and hardwood flooring, offering a solid foundation for renovation. This asset is an ideal acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors targeting the high-demand Los Angeles rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4219 Kenwood Avenue Subject 3 bd · 2 ba · 1,646 sqft · $433 | $780,000* List Price | 3 | 2 | 1,646 | $433 | - |
A 1037 W 46th Street Sold 3 bd · 2 ba · 1,414 sqft · $417 · 0.5 mi | $590,000 | 3 | 2 | 1,414 | $417 | 0.5 mi |
B 707 W 49th Street Sold 4 bd · 2 ba · 1,617 sqft · $461 · 0.9 mi | $745,000 | 4 | 2 | 1,617 | $461 | 0.9 mi |
C 1024 W 42nd Pl Sold 2 bd · 1 ba · 1,308 sqft · $443 · 0.4 mi | $580,000 | 2 | 1 | 1,308 | $443 | 0.4 mi |
D 1247 W 49th Street Sold 3 bd · 1 ba · 1,392 sqft · $395 · 0.5 mi | $550,000 | 3 | 1 | 1,392 | $395 | 0.5 mi |
E 1345 W 54th Street Sold 3 bd · 1 ba · 1,356 sqft · $449 · 0.9 mi | $609,000 | 3 | 1 | 1,356 | $449 | 0.9 mi |
F 1225 W 52nd Street Sold 3 bd · 1 ba · 1,317 sqft · $444 · 0.8 mi | $585,000 | 3 | 1 | 1,317 | $444 | 0.8 mi |
G 1123 W 52nd Street Sold 2 bd · 1 ba · 1,234 sqft · $501 · 0.8 mi | $618,000 | 2 | 1 | 1,234 | $501 | 0.8 mi |
H 4215 S Budlong Active 3 bd · 2 ba · 1,602 sqft · $436 · 0.2 mi | $699,000 List Price | 3 | 2 | 1,602 | $436 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, the home shows significant deferred maintenance and is being sold 'as-is.' While the roof is 14 years old, the kitchen and bathrooms appear to be 30-50 years old with dated cabinetry, peeling paint, and worn finishes, necessitating a full interior rehab.
Situated within one mile of USC, Exposition Park, and major museums, this property offers exceptional convenience and high rental or resale potential in a desirable neighborhood.
This 1922 Craftsman features original cherrywood trim, hardwood flooring, and a fireplace, preserving timeless architectural appeal on a generous 6,051 sqft lot with mature fruit trees.
Recent improvements including a remodeled third bedroom and second bathroom, along with updated attic insulation, provide a significant head start on modernization for the next owner.
The property is being sold in its current condition, which may necessitate additional capital investment for repairs or upgrades beyond the recent cosmetic renovations.
The surrounding public schools generally feature lower performance ratings, which could be a drawback for families prioritizing high-ranking educational facilities.
This beautiful early 20thCentury Craftsman style home features 3 bedrooms, 2 bathrooms, and bonus rooms, Roof 14 years New, Attic complete insulation 3 years new, remodeled 3rd Bedroom and 2nd Bathroom. Located in one of Los Angeles' most desirable neighborhoods. Loved by one generational family for more than fifty years, this property offers timeless character and exceptional potential for both first time homebuyers and investors. The home boasts rich cherrywood trim moldings, an original fireplace, dual pane bay windows, original hardwood flooring, and mature lemon, avocado, and lime trees rooted in fertile soil. Conveniently situated within one mile of USC, the LA Memorial Coliseum, the Natural History Museum, and Exposition Park, and within two miles of the 10 and 110 freeways. The property sits on a huge lot and will be delivered vacant. "Sold As Is"
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,646 | 1,670.836 |
| Lot Size | 6,051 | 6,152.156 |
| Price | $780.0K | $1.34M |
| Price per sq ft | $474 | $807 |
| Built year | 1922 | 1941 |
| HOA | $0 | $238 |
| Days on market | 80 | 56 |
Nov 4, 2026
$780,000
$799,000
-2% Price Drop
Initial Listing
Oct 10, 2026
$799,000
$825,000
-3% Price Drop
Initial Listing
Aug 21, 2026
$825,000
Initial Listing