
Los Angeles, California 90037
This 1922 Craftsman is a High-Potential Investment Opportunity, listed at $825,000—positioned well above the $724,517 Fair Market Value by -13%. While the property requires significant renovation due to its Condition Rating of 5, it offers substantial upside through its 6,051 sqft lot and proximity to USC and Exposition Park. The home retains original cherrywood trim and hardwood flooring, providing a solid foundation for value-add projects. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a total interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4219 Kenwood Avenue Subject | $825,000* List Price | 3 | 2 | 1,646 | $440 | - |
A 1037 W 46th Street Sold | $590,000 | 3 | 2 | 1,414 | $417 | 0.5 mi |
B 1345 W 54th Street Sold | $609,000 | 3 | 1 | 1,356 | $449 | 0.9 mi |
C 1123 W 52nd Street Sold | $618,000 | 2 | 1 | 1,234 | $501 | 0.8 mi |
D 1225 W 52nd Street Sold | $585,000 | 3 | 1 | 1,317 | $444 | 0.8 mi |
E 1111 W 54th Sold | $640,000 | 3 | 1 | 1,188 | $539 | 1.0 mi |
F 4215 S Budlong Active | $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 features a kitchen and bathrooms that appear to be over 30 years old and in need of a full rehab. While the roof is 14 years old and insulation is newer, the 'Sold As Is' status and visible dating of the interior systems and exterior surfaces suggest significant deferred maintenance and the need for a total renovation.
Situated within one mile of USC, Exposition Park, and major landmarks, this property offers exceptional convenience and high rental demand potential in a desirable neighborhood.
The home retains timeless 1920s architectural details, including original cherrywood trim, hardwood flooring, and a classic fireplace, providing significant aesthetic appeal.
Sitting on a generous 6,051 sqft lot with mature avocado, lemon, and lime trees, the property offers rare outdoor utility and space for potential expansion.
The property is being sold in its current condition, which may require buyers to budget for immediate repairs or modernization despite recent partial updates.
The majority of assigned public schools in the immediate vicinity carry low performance ratings, which could be a deterrent for families prioritizing education.
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 | 1,664.159 |
| Lot Size | 6,051 | 6,066.556 |
| Price | $825.0K | $1.35M |
| Price per sq ft | $501 | $806 |
| Built year | 1922 | 1939 |
| HOA | $0 | $278 |
| Days on market | 19 | 55 |
Aug 21, 2026
$825,000
Initial Listing