432 N Commonwealth, Los Angeles, California 90004, Los Angeles, 90004 - 4 bed, 2 bath
Loading property details...
Los Angeles, California 90004
This Central Los Angeles Fixer Asset represents a Strong Value Opportunity with a List Price of $1,050,000—positioned well below the $1,114,113 Fair Market Value by 5%. This valuation provides $64,113 in Instant Equity for buyers prepared to modernize this Fair Condition Rating home. Featuring a substantial 7,500 Sq Ft Lot in the high-demand Silver Lake - Echo Park area and Los Angeles Unified district, the property offers significant ROI potential through a full repositioning. It is a strategic acquisition for Fix-and-Flip Investors or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 432 N Commonwealth Subject | $899,000* List Price | 4 | 2 | 1,432 | $698 | - |
A 178 N Mariposa Avenue Active | $1,200,000 List Price | 3 | 2 | 1,608 | $746 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property shows signs of mid-life updates such as granite countertops and tile flooring in the kitchen and bathrooms, but it is currently marketed as a 'fixer.' The interior features worn carpeting, dated wood cabinetry, and visible ceiling cracks. While the major components appear functional, the home requires significant cosmetic and system modernization to reach its full potential, consistent with the 'fair' criteria of being aged but maintained with occasional updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1432.
Situated in the highly desirable Silver Lake/Echo Park area, the property offers exceptional proximity to major employment hubs, public transit, and trendy lifestyle amenities.
As a true fixer-upper in a market with strong appreciation, this property provides a rare opportunity for investors to renovate and capture premium resale prices or high rental yields.
The property is a full fixer-upper requiring a complete repositioning, which necessitates a significant additional investment of time, capital, and construction expertise.
With a list price of $1.05M for a home needing total rehabilitation, the initial cost of entry is high, potentially narrowing the margin for short-term investors.
Fixer opportunity in a prime Central Los Angeles location. This 4-bedroom, 2-bath home offers approximately 1,432 sq ft of living space and is ready for a full reposition. Situated in a high-demand rental and resale market, the property benefits from close proximity to major employment hubs, transit, and key lifestyle amenities. The surrounding area continues to experience strong appreciation driven by ongoing redevelopment trends and a consistent influx of buyers and renters seeking centrally located housing. This is a true value-add opportunity ideal for investors looking to rehab and flip, create a long-term rental, or reposition into a modernized income-producing asset. The neighborhood is known for its strong rental demand and continued renovation activity, with updated properties commanding premium resale prices and rents. With convenient access to major freeways, public transit, and nearby retail and dining, this location supports both short-term upside and long-term growth potential. Bring your contractor and vision—opportunities in this desirable Central LA market at this entry point are rare! Call your Realtor to schedule a tour and make an offer today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 34% |
| Square foot | 1,432 | 2,314 | 7% |
| Lot Size | 7,500 | 7,006 | 59% |
| Price | $899.0K | $1.75M | 7% |
| Price per sq ft | $628 | $845 | 32% |
| Built year | 1952 | 1921 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 182 | 2% |
Apr 17, 2026
$899,000
$950,000
-5% Price Drop
Initial Listing
Apr 8, 2026
$950,000
$999,950
-5% Price Drop
Initial Listing
Mar 28, 2026
$999,950
$1,050,000
-5% Price Drop
Initial Listing
Mar 20, 2026
$1,050,000
Initial Listing
Nov 29, 2012
$450,000
Public Record
Jul 31, 2012
$306,000
Public Record