4428 Wesley, Los Angeles, California 90037, Los Angeles, 90037 - 1 bed, 1 bath
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This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well above the $648,965 Fair Market Value by 15%. While the current valuation reflects a premium, the 6,525 sqft lot and 1,422 sqft floor plan offer significant upside for value-add renovations. With a Condition Rating of 6, the home requires modernization, yet its proximity to USC and major transit hubs ensures strong rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors focused on long-term asset appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4428 Wesley Subject 1 bd · 1 ba · 1,422 sqft · $456 | $750,000* List Price | 1 | 1 | 1,422 | $456 | - |
A 4211 S Flower Sold 2 bd · 1 ba · 1,148 sqft · $544 · 0.4 mi | $625,000 | 2 | 1 | 1,148 | $544 | 0.4 mi |
B 872 W 47th Sold 2 bd · 1 ba · 1,090 sqft · $606 · 0.2 mi | $660,000 | 2 | 1 | 1,090 | $606 | 0.2 mi |
C 1247 W 49th Street Sold 3 bd · 1 ba · 1,392 sqft · $395 · 0.6 mi | $550,000 | 3 | 1 | 1,392 | $395 | 0.6 mi |
D 1225 W 52nd Street Sold 3 bd · 1 ba · 1,317 sqft · $444 · 0.7 mi | $585,000 | 3 | 1 | 1,317 | $444 | 0.7 mi |
E 201 W 50th Sold 3 bd · 1 ba · 1,014 sqft · $651 · 0.7 mi | $660,000 | 3 | 1 | 1,014 | $651 | 0.7 mi |
F 1123 W 52nd Street Sold 2 bd · 1 ba · 1,234 sqft · $501 · 0.7 mi | $618,000 | 2 | 1 | 1,234 | $501 | 0.7 mi |
G 1024 W 42nd Pl Active Under Contract 2 bd · 1 ba · 1,308 sqft · $459 · 0.4 mi | $599,900 List Price | 2 | 1 | 1,308 | $459 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1907 (>50 years old) with no mention of recent renovations. The listing heavily emphasizes the large lot size and 'potential,' indicating the value is primarily in the land.
The property is exceptionally located near USC, Exposition Park, and the LA Memorial Coliseum, offering high demand for rentals and proximity to world-class museums and stadiums.
Boasting a 6,525 sqft lot, this property provides substantial outdoor space and excellent potential for an Accessory Dwelling Unit (ADU) or future expansion in a dense urban area.
With 1,422 sqft of living space currently utilized as only one bedroom, there is a massive opportunity to reconfigure the interior into a 2 or 3-bedroom home to instantly increase market value.
The current 1-bedroom, 1-bathroom layout is highly unconventional for a home of this square footage and price point, which may deter traditional families and owner-occupants.
Built in 1907, the residence likely requires significant capital investment to update aged systems and structural components to meet modern building codes and buyer expectations.
This home is a great opportunity one bedroom one bathroom 1,422 ft.² of living space on a pretty large lot 6,525 ft.² has a lot of potential.Nearby destinations include the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, Lucas Museum of Narrative Art, Natural History Museum, and California Science Center. For commuters, the 10 and 110 Freeways are minutes away, providing access throughout Greater Los Angeles.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-2 • 0.3 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,422 | 1,670.836 |
| Lot Size | 6,525 | 6,152.156 |
| Price | $750.0K | $1.34M |
| Price per sq ft | $527 | $807 |
| Built year | 1907 | 1941 |
| HOA | $0 | $238 |
| Days on market | 59 | 56 |
Sep 11, 2026
$750,000
Initial Listing
Dec 2, 2015
$320,000
Public Record
Feb 28, 1994
$162,000
Public Record