
Los Angeles, California 90062
This property presents a High-Potential Investment Opportunity with a List Price of $624,999—positioned well below the $581,404 Fair Market Value by -7%. While the home carries a Condition Rating of 5, the deep 5,561 sqft lot provides significant Development Potential for an ADU or expansion. Located near USC and major sports venues, this asset offers strong rental demand for Buy-and-Hold Investors or Contractors capable of executing a full-scale renovation to modernize this 1911 classic bungalow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4314 Dalton Avenue Subject | $624,999* List Price | 2 | 1 | 1,304 | $446 | - |
A 1650 W 38th Sold | $465,000 | 2 | 1 | 1,204 | $386 | 1.0 mi |
B 3970 Dalton Avenue Sold | $600,000 | 2 | 1 | 1,040 | $577 | 0.5 mi |
C 1724 W 43rd Sold | $617,000 | 3 | 1 | 1,406 | $439 | 0.4 mi |
D 1443 W 48th Street Sold | $625,000 | 2 | 1 | 1,389 | $450 | 0.3 mi |
E 4929 S Gramercy Place Sold | $685,000 | 3 | 2 | 1,402 | $489 | 0.8 mi |
F 5167 S Gramercy Place Sold | $590,000 | 3 | 1 | 1,530 | $386 | 0.9 mi |
G 1417 W 50th Pending | $665,000 List Price | 2 | 1 | 1,286 | $517 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1911 and explicitly marketed as a 'fixer,' this property requires a full rehab. The kitchen features 30-50+ year old finishes, including dated tile countertops, wood paneling, and severely worn flooring. The age and 'original character' description suggest that all major systems (HVAC, Electric) and interiors need significant modernization and repair.
The property is strategically located near USC, Downtown LA, and major sports venues like SoFi Stadium and the Coliseum, ensuring high demand and long-term appreciation potential.
Featuring a deep 5,561 sqft lot, this property offers significant upside for expansion or the addition of an Accessory Dwelling Unit (ADU) to maximize rental income or resale value.
Built in 1911, this classic bungalow retains original character on a quiet, tree-lined street, providing a unique aesthetic foundation for a high-end restoration project.
Explicitly listed as a 'fixer,' the home requires substantial capital investment and labor to address deferred maintenance and bring it up to modern living standards.
The current 2-bedroom, 1-bathroom configuration is restrictive for modern families and may necessitate a costly layout reconfiguration to remain competitive in the market.
Classic bungalow fixer on a quiet, wide tree-lined street in Los Angeles. Featuring original character, a deep lot, this home is the perfect canvas for restoration or modernization. Bring your tools and imagination to revive its timeless charm or create a fresh new vision. Centrally located near Downtown LA, USC, SoFi Stadium, the Coliseum, shopping, dining, and major freeway access. A rare opportunity with endless upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,304 | 1,443 | 31% |
| Lot Size | 5,561 | 5,482.5 | 57% |
| Price | $625.0K | $750.0K | 29% |
| Price per sq ft | $479 | $547 | 29% |
| Built year | 1911 | 1913 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 151 | 2% |
May 10, 2026
$624,999
Initial Listing