433 Mount Washington Drive, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 1 bath
Loading property details...
433 Mount Washington Drive
Los Angeles, California 90065
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,053Sq Ft
9,951Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$946,091
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $998,000—positioned well below the $944,881 Fair Market Value by -5%. While the home has a Condition Rating of 4, it features critical infrastructure updates including a newer roof and sewer line. The expansive 9,951 sqft lot offers significant ADU potential and room for expansion. Located in the Los Angeles Unified district near Mt. Washington Elementary, this is a strategic acquisition for Value-Add Investors or first-time buyers seeking to build equity through renovation.
Estimated Market Value
$946,091+$47,091 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 433 Mount Washington Drive Subject 2 bd · 1 ba · 1,053 sqft · $898 | $899,000* List Price | 2 | 1 | 1,053 | $898 | - |
A 3415 N Figueroa St Sold 2 bd · 1 ba · 1,028 sqft · $769 · 0.6 mi | $791,000 | 2 | 1 | 1,028 | $769 | 0.6 mi |
B 3575 Arroyo Seco Avenue Sold 2 bd · 1 ba · 1,105 sqft · $647 · 0.5 mi | $715,000 | 2 | 1 | 1,105 | $647 | 0.5 mi |
C 483 Museum Drive Sold 3 bd · 2 ba · 1,085 sqft · $1,065 · 0.7 mi | $1,156,000 | 3 | 2 | 1,085 | $1,065 | 0.7 mi |
D 3323 Thorpe Avenue Sold 3 bd · 1 ba · 1,287 sqft · $789 · 0.6 mi | $1,015,000 | 3 | 1 | 1,287 | $789 | 0.6 mi |
E 3621 Division Active Under Contract 3 bd · 2 ba · 1,248 sqft · $600 · 1.0 mi | $749,000 List Price | 3 | 2 | 1,248 | $600 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Originally built in 1924, this property is dated and marketed toward renovators, but it features key foundational updates including a newer roof and a recently replaced main sewer line. The kitchen is functional with a previous renovation (approx. 10-20 years old) featuring granite countertops and wood cabinetry, making it livable but ready for modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9951, living area = 1053.
- Expansive Lot & ADU Potential
The property sits on a generous 9,948 square-foot lot, offering rare space in the hills for a large garden or the potential to add an ADU for increased value and utility.
- Desirable Hillside Location
Located in the sought-after Mount Washington neighborhood, the home is near a top-rated elementary school and provides convenient access to Downtown LA and major transit lines.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Needed
Marketed as a project for a visionary renovator, the home requires significant investment to update its 1924 interiors and realize its full market potential.
- Modest Interior Footprint
At just 1,053 square feet with a 2-bedroom, 1-bathroom layout, the current living space may be too small for many buyers without a costly structural expansion.
About 433 Mount Washington Drive
For the visionary renovator,or first time buyer seeking a home with room to create, this is a your opportunity. One of the hills' quintessential bungalows, tucked away on a peaceful, bucolic treelined road. Set on an expansive 9,948 square-foot lot, providing plenty of room to create the garden of your dreams or explore the possibility of adding an ADU (subject to applicable requirements and approvals). An oasis in the hills yet conveniently located near a highly rated elementary school, major freeways, the Metro line, and just minutes to Downtown Los Angeles. This home presents an opportunity to bring new life to a home with wonderful underlying character and great bones. The newer roof and recently replaced main sewer line provide a solid start. Whether your vision is a thoughtfully restored Craftsman, a personalized hillside retreat, or a property reimagined for long-term value, the possibilities are compelling and could transform this into a truly wonderful home in a beautiful hillside setting creating substantial equity potential, and a home uniquely your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 9,951 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
Los Angeles Unified Schools
Aragon Avenue Elementary School
Grades K-5 • 0.6 mi
2/10
Mt. Washington Elementary School
Grades K-6 • 0.6 mi
7/10
Loreto Street Elementary School
Grades K-5 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,053 | 1,670.836 |
| Lot Size | 9,951 | 6,152.156 |
| Price | $899.0K | $1.34M |
| Price per sq ft | $854 | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 45 | 56 |
Pricing History
Listed for Sale
Oct 25, 2026
$899,000
$998,000
-10% Price Drop
Initial Listing
Price Change
Sep 25, 2026
$998,000
Initial Listing