4317 Multnomah Street, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath
4317 Multnomah Street
Los Angeles, California 90032
Property Price
SUMMARY
Analysis of 4317 Multnomah Street, Los Angeles, California 90032 reveals a Fairly Priced Property with a current list price of $775,000 aligned with the estimated $766,045 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4317 Multnomah Street Subject | $775,000* List Price | 2 | 1 | 954 | $803 | - |
A 4364 Hatfield Sold | $766,000 | 2 | 1 | 1,006 | $761 | 0.2 mi |
B 2107 Cyril Avenue Sold | $745,000 | 3 | 1 | 978 | $762 | 0.5 mi |
C 4545 Yellowstone Street Sold | $719,000 | 2 | 1 | 1,020 | $705 | 0.4 mi |
D 1860 N Rowan Sold | $868,000 | 3 | 2 | 1,315 | $660 | 0.4 mi |
E 2150 N Eastern Avenue Sold | $850,000 | 3 | 1 | 1,066 | $797 | 0.7 mi |
F 4716 Del Paso Court Pending | $749,900 List Price | 3 | 2 | 1,246 | $602 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1941, this home is aged but appears maintained. While the kitchen has 'updated cabinets,' the appliances, countertops, and flooring are dated. The bathroom is significantly outdated with older tiles and fixtures. The property is functional but requires minor to moderate updates and repairs to meet current quality and style standards, aligning with the 'fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive Outdoor Space
The property features an extra-large 6,839 sqft yard with mature avocado and orange trees, offering significant potential for outdoor living and gardening.
- Prime Location & Accessibility
Nestled in a great neighborhood, the home is conveniently located near freeways, shops, an elementary school, and is within walking distance to USC’s Science and Medicine campus, and a short drive to Cal State LA.
- Charming Original Character
The home retains much of its original character, including desirable original hardwood floors, appealing to buyers seeking classic aesthetics and historical charm.
CONSRISKS & DEFICIENCIES
- Renovation Required
The description explicitly states the home needs 'a little TLC' to 'truly shine,' indicating that significant updates or repairs may be necessary for modern living standards.
- Limited Bathroom Count
With only one bathroom for a two-bedroom home, this could be a significant drawback for families or multiple occupants, potentially impacting daily convenience and resale value.
- Compact Interior Space
At 954 sqft, the interior living space is relatively small, which might feel restrictive for a 'growing family' as suggested in the description, despite the spacious yard.
About 4317 Multnomah Street
This charming home is full of potential, offering endless possibilities! With 2 bedrooms, 1 bathroom, and an extra-large yard, it’s perfect for a growing family. The property features mature avocado and orange trees, along with many other wonderful touches. Inside, you’ll find original hardwood floors, updated kitchen cabinets, and a spacious living and dining area combined. The home retains much of its original character, and with a little TLC, it could truly shine. Nestled in a great neighborhood, it’s conveniently located near freeways, shops, and just a short walk to USC’s Science and Medicine campus. Cal State LA is only a quick drive away, and an elementary school is right around the corner. Plus, down payment assistance is available to help you make this home yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 6,839 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 954 | 1,232 | 22% |
| Lot Size | 6,839 | 5,386 | 72% |
| Price | $775.0K | $850.0K | 41% |
| Price per sq ft | $812 | $674 | 77% |
| Built year | 1941 | 1941 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 346 | 180 | 98% |
Pricing History
Listed for Sale
Mar 25, 2025
$775,000
Initial Listing