
Los Angeles, California 90003
This Spacious Single-Family Residence is a High-Potential Investment Opportunity, listed at $699,000—positioned well below the $707,481 Fair Market Value by 1%. This valuation gap offers $8,481 in Instant Equity. The property maintains a Condition Rating of 3, featuring updated copper plumbing and a newer water heater. With a 5,125 sqft lot, ADU/JADU potential, and 6-car parking, it is an ideal asset for Buy-and-Hold Investors or first-time buyers seeking long-term value appreciation in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 424 E 91st Street Subject | $699,000* List Price | 4 | 2 | 1,404 | $504 | - |
A 351 E 92nd Sold | $640,000 | 3 | 2 | 1,374 | $466 | 0.1 mi |
B 247 E 97th Sold | $540,000 | 5 | 2 | 852 | $634 | 0.4 mi |
C 122 E 83rd Street Sold | $600,000 | 2 | 2 | 1,180 | $508 | 0.8 mi |
D 8916 Mettler Avenue Sold | $690,000 | 3 | 2 | 1,187 | $581 | 0.1 mi |
E 161 W 84th Sold | $695,000 | 3 | 1 | 1,154 | $602 | 0.8 mi |
F 332 E 79th Street Sold | $520,000 | 2 | 1 | 1,008 | $516 | 1.0 mi |
G 207 W 85th Street Sold | $610,000 | 3 | 2 | 1,636 | $373 | 0.8 mi |
H 8912 Mettler Active | $609,900 List Price | 4 | 2 | 1,288 | $474 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1925, the property is well-maintained and move-in ready. It features critical system upgrades including newer copper plumbing and a newer water heater. Interior images show functional living spaces and a bathroom renovation likely completed within the last 10-15 years, fitting the criteria for a well-maintained, functional home.
The 5,125 square foot lot and oversized detached two-car garage offer significant potential for ADU or JADU conversion, providing a high-value opportunity for rental income or multi-generational living.
Unlike many homes of this era, the property features essential modern upgrades including newer copper plumbing and a newer water heater, reducing immediate capital expenditure for the buyer.
The long driveway accommodates up to six vehicles in addition to the two-car garage, a rare and highly desirable feature in high-density Los Angeles neighborhoods.
Built in 1925, the property may possess underlying maintenance requirements or structural characteristics typical of 100-year-old homes that are not addressed by recent cosmetic or plumbing updates.
At a list price of $699,000, the property sits at a premium for the 90003 zip code, which may present appraisal challenges or face stiff competition from more recently renovated alternatives in the area.
Welcome to this move-in ready single-family residence offering 4 bedrooms, 2 bathrooms, and approximately 1,404 square feet of living space. Featuring a functional open floor plan, the home provides a bright, comfortable, and versatile layout ideal for everyday living or rental income potential. The interior offers a seamless flow between living, dining, and kitchen areas, creating a spacious environment perfect for entertaining or multi-use living arrangements. Recent improvements include newer copper plumbing and a newer water heater. Situated on a 5,125 square foot lot, this property presents excellent opportunity for future expansion. There is potential room for an ADU and/or JADU addition (Accessory Dwelling Unit / Junior ADU), buyer to verify with city. This makes the property especially attractive for investors seeking rental income or long-term value appreciation. The exterior features a welcoming front porch, generous front and backyard spaces, and a long driveway with parking for up to 6 vehicles. An oversized detached 2-car garage provides additional flexibility for storage, workshop use, or potential conversion possibilities (buyer to verify). This property is a strong opportunity for both first-time buyers and investors looking for upside potential. Whether you plan to live in it, expand it, or generate rental income, this home offers flexibility, space, and long-term value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,404 | 1,672 |
| Lot Size | 5,125 | 6,067 |
| Price | $699.0K | $1.37M |
| Price per sq ft | $498 | $801 |
| Built year | 1925 | 1939 |
| HOA | $0 | $348 |
| Days on market | 28 | 56 |
Jun 24, 2026
$699,000
Initial Listing
Mar 9, 2011
$200,000
Public Record
Sep 24, 2004
$250,000
Public Record
Mar 6, 2000
$100,000
Public Record