
Los Angeles, California 90037
This High-Potential Investment Opportunity is listed at $849,000, positioned slightly above the $825,587 Fair Market Value. Featuring an Excellent Condition Rating due to recent comprehensive renovations, including updated HVAC, plumbing, and electrical systems, this property offers a turnkey asset. The large corner lot includes architectural plans for a 4-bedroom ADU, providing a clear path for significant value-add. Located minutes from USC, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term rental income potential near the 2028 Olympic corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4279 Walton Avenue Subject | $849,000* List Price | 4 | 3 | 1,411 | $585 | - |
A 1147 W 39th Sold | $950,000 | 5 | 5 | 1,358 | $700 | 0.6 mi |
B 4239 S Raymond Avenue Sold | $780,000 | 3 | 1 | 1,218 | $640 | 0.2 mi |
C 1320 W 50th Street Sold | $740,000 | 3 | 1 | 1,288 | $575 | 0.6 mi |
D 710 W 49th Place Sold | $715,000 | 3 | 3 | 1,226 | $583 | 0.7 mi |
E 1249 W 56th Street Sold | $715,000 | 3 | 2 | 1,144 | $625 | 1.0 mi |
F 3941 Wisconsin Sold | $635,000 | 2 | 2 | 1,354 | $469 | 0.6 mi |
G 941 W 55th Street Active | $699,800 List Price | 3 | 2 | 1,138 | $615 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation (likely <5 years) including a fully remodeled kitchen with quartz countertops and stainless appliances, updated bathrooms, and complete system upgrades to the HVAC, plumbing, and electrical wiring.
Situated minutes from USC and Exposition Park, the property is perfectly positioned to capitalize on high student rental demand and the upcoming 2028 Olympic Games.
The home features extensive upgrades including new HVAC, plumbing, electrical, and high-end interior finishes, offering a turnkey experience for buyers or investors.
A large detached structure with architectural plans for a 4-bedroom ADU provides a clear path to substantially increase the property's square footage and rental income.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Most nearby public schools carry low ratings, which could limit the property's attractiveness to long-term family owner-occupants.
Accommodating four bedrooms and three bathrooms within 1,411 square feet may result in smaller individual rooms and limited common living space.
Exceptional opportunity just minutes from the University of Southern California (USC)! Situated on a spacious corner lot, this beautifully renovated 4-bedroom, 3-bath home offers a versatile floor plan well suited for owner-occupants while also presenting compelling investment potential. Investors can take advantage of the area’s strong rental demand with opportunities for traditional or rent-by-the-room student housing. Extensively updated, the property features updated plumbing and electrical wiring, central HVAC with air conditioning and heating, remodeled bathrooms, and an updated kitchen with newer cabinetry, quartz countertops, and modern appliances. Additional upgrades include dual-pane windows, updated lighting fixtures, beautifully installed wood flooring, dishwasher, and more. The property also features a large detached storage shed, formerly used as a garage, offering significant potential for future use or redevelopment. The owner had architectural plans drafted to convert the existing shed into a two-story, 4-bedroom/2-bath ADU with kitchens and living areas on both levels and private second-story access. Architectural plans can be provided upon request; buyers are advised to conduct their own due diligence with the city regarding feasibility. The location offers convenient access to USC and Exposition Park, home to BMO Stadium, the LA Memorial Coliseum, and the highly anticipated Lucas Museum of Narrative Art. With Los Angeles preparing to host the 2028 Olympic Games, the property is positioned near one of the city's most prominent cultural, educational, and entertainment districts. Downtown Los Angeles, major freeways, and public transportation are also nearby, making this a compelling opportunity for investors seeking income potential or buyers looking for a beautifully updated home with flexibility for the future.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-2 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,411 | 1,664.159 |
| Lot Size | 5,322 | 6,066.556 |
| Price | $849.0K | $1.35M |
| Price per sq ft | $602 | $806 |
| Built year | 1920 | 1939 |
| HOA | $0 | $278 |
| Days on market | 21 | 55 |
Aug 19, 2026
$849,000
Initial Listing
Mar 27, 2020
$725,000
Public Record
Jun 24, 2019
$525,000
Public Record
Oct 1, 1999
$120,000
Public Record
May 7, 1999
$116,277
Public Record
Nov 18, 1996
$100,000
Public Record