4408 W 59th Street, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 1 bath
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Los Angeles, California 90043
This 1929 Spanish-Style Value-Add Asset is listed at $899,999, positioned near its $856,524 Fair Market Value. Despite the current Poor Condition Rating, the property offers substantial forced appreciation potential through a comprehensive rehab of the 1,808 square foot interior and an incomplete garage conversion. Located in the desirable View Heights area with a City Lights view, the 5,428 square foot lot provides ample space for expansion near SoFi Stadium and the Intuit Dome. This probate sale represents a high-upside project for Fix-and-Flip Investors or Contractors ready to unlock significant market value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4408 W 59th Street Subject | $899,999* List Price | 3 | 1 | 1,808 | $474 | - |
A 4237 W 59th Place Sold | $775,000 | 3 | 1 | 1,632 | $475 | 0.2 mi |
B 3630 W 61st Sold | $830,000 | 3 | 2 | 1,736 | $478 | 0.9 mi |
C 3749 W 59th Street Sold | $815,000 | 3 | 2 | 1,548 | $526 | 0.7 mi |
D 5738 S Mullen Avenue Sold | $830,000 | 3 | 2 | 1,886 | $440 | 0.8 mi |
E 5709 Alviso Avenue Sold | $810,000 | 3 | 2 | 1,429 | $567 | 0.5 mi |
F 4461 W 61st Street Active Under Contract | $899,990 List Price | 3 | 2 | 1,990 | $452 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1929 Spanish-style home is explicitly described as needing a full rehab with extensive deferred maintenance. The listing notes it likely won't qualify for traditional financing, requiring all-cash or hard money offers, and the exterior shows visible signs of age and neglect consistent with a property requiring substantial rehabilitation.
Situated in the desirable View Heights area, the property is minutes away from major entertainment hubs including SoFi Stadium, Intuit Dome, and the Kia Forum, ensuring strong long-term appreciation.
The large 5,428 sqft lot and an existing incomplete garage conversion provide excellent opportunities for expansion or the addition of an ADU to maximize return on investment.
This 1929 Spanish-style home retains its original charm and 'investor delight' status, offering a unique aesthetic foundation for a high-end modern restoration.
The property requires a full rehab and suffers from significant deferred maintenance, making it ineligible for traditional financing and requiring all-cash or hard money offers.
As a probate sale with limited court authority and an occupied status, the acquisition process involves more legal hurdles and restricted access compared to standard listings.
Investor's delight; 3 bedrooms, 1 bath Spanish style home with original charm located in View Heights. Huge backyard with room to build. The entire home needs rehabbing. This home has ample room for improvement and customization. There is a garage conversion that was not complete with loads of potential. This is a probate sale with limited court authority. Please do not walk on the property or approach the door, it is occupied. All offers should be all CASH or hard money. Lots of deferred maintenance and property may not qualify for financing. Please drive by only until the first showing. Located just minutes from the iconic SoFi Stadium, Intuit Dome, Kia Forum, downtown Inglewood, and an array of parks, restaurants, and shops, this home offers proximity to the beach, major freeways, and LAX. You'll have to see it to believe it!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 1,808 | 1,458 | 69% |
| Lot Size | 5,428 | 6,264 | 30% |
| Price | $900.0K | $850.0K | 56% |
| Price per sq ft | $498 | $622 | 21% |
| Built year | 1929 | 1926 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 166 | 33% |
Dec 29, 2025
$899,999
Initial Listing