
Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well below the $793,264 Fair Market Value (Note: Market is currently balanced). Featuring a Condition Rating of 4, the home offers a versatile layout with a rear addition and private entrance, ideal for rental income or a home office. The expansive 7,158 sqft lot provides significant upside for future expansion. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4416 Catalpa Subject 2 bd · 1 ba · 902 sqft · $879 | $800,000* List Price | 2 | 1 | 902 | $879 | - |
A 1833 Jones Sold 2 bd · 2 ba · 1,033 sqft · $716 · 0.1 mi | $739,500 | 2 | 2 | 1,033 | $716 | 0.1 mi |
B 4828 Zella Place Sold 3 bd · 1 ba · 1,056 sqft · $710 · 0.7 mi | $750,000 | 3 | 1 | 1,056 | $710 | 0.7 mi |
C 4614 Abner Sold 3 bd · 2 ba · 1,215 sqft · $765 · 0.3 mi | $930,000 | 3 | 2 | 1,215 | $765 | 0.3 mi |
D 4317 Multnomah Street Active 2 bd · 1 ba · 954 sqft · $812 · 0.4 mi | $775,000 List Price | 2 | 1 | 954 | $812 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, the property is over 80 years old. While the exterior appears maintained with updated siding and a bay window, the age suggests that the kitchen, bathroom, and core systems (HVAC/Electric) are likely dated and will require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7158, living area = 902.
The property offers exceptional accessibility, situated near Downtown LA, Dodger Stadium, and major freeways including the 710, 10, and 5, making it ideal for commuters.
Featuring a rear addition and an extra room with a private entrance, the layout provides versatile options for a home office, guest quarters, or potential rental income.
With only 902 square feet of living space priced at $800,000, the property carries a high price-to-size ratio that may deter buyers looking for more interior volume.
The home features only one bathroom, which may be a significant drawback for families or those utilizing the additional rooms and guest spaces.
Nice home located in a nice neighborhood, it has an addition on the back. Close to Dodger stadium, The Buddha Temple, downtown LA, bus access. Close to high school and elementary schools. Close to 710, 10 & 5 freeways. The main house has an extra room with a private entrance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 902 | 1,670.836 |
| Lot Size | 7,158 | 6,152.156 |
| Price | $800.0K | $1.34M |
| Price per sq ft | $887 | $807 |
| Built year | 1940 | 1941 |
| HOA | $0 | $238 |
| Days on market | 18 | 56 |
Oct 22, 2026
$800,000
Initial Listing