
Los Angeles, California 90011
This property presents a Strong Value Opportunity with a List Price of $599,000—positioned well below the $642,900 Fair Market Value by 6%. This valuation gap offers $43,900 in Instant Equity. Featuring a 4-bedroom, 3-bathroom layout with a permitted ADU, the home has a Condition Rating of 4, indicating a need for cosmetic updates. This asset is ideal for Buy-and-Hold Investors seeking immediate rental income or Owner-Occupants looking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4451 Crocker Street Subject 3 bd · 2 ba · 1,539 sqft · $418 | $599,000* List Price | 3 | 2 | 1,539 | $418 | - |
A 134 E 56th Sold 3 bd · 2 ba · 1,412 sqft · $333 · 0.8 mi | $470,000 | 3 | 2 | 1,412 | $333 | 0.8 mi |
B 3611 Adair Sold 2 bd · 1 ba · 1,444 sqft · $381 · 0.8 mi | $550,000 | 2 | 1 | 1,444 | $381 | 0.8 mi |
C 317 E 42nd Pl Sold 3 bd · 1 ba · 1,242 sqft · $443 · 0.3 mi | $550,000 | 3 | 1 | 1,242 | $443 | 0.3 mi |
D 956 E 33rd Street Sold 3 bd · 1 ba · 1,046 sqft · $435 · 1.0 mi | $455,000 | 3 | 1 | 1,046 | $435 | 1.0 mi |
E 975 E 43rd Street Sold 2 bd · 1 ba · 1,024 sqft · $435 · 0.6 mi | $445,000 | 2 | 1 | 1,024 | $435 | 0.6 mi |
F 877 E 47th Street Pending 3 bd · 1 ba · 1,302 sqft · $460 · 0.5 mi | $599,000 List Price | 3 | 1 | 1,302 | $460 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1906, this property is significantly aged. Interior photos show dated elements such as popcorn ceilings and older tile flooring, suggesting no major renovations in the last 20+ years. While functional and livable with a permitted ADU, the home requires cosmetic updates and likely system inspections due to its age.
The property features a permitted, tenant-occupied ADU, providing immediate rental income to offset mortgage costs from day one.
The primary 3-bedroom, 2-bathroom residence will be delivered vacant, allowing for immediate move-in or the ability to select new tenants at market-rate rents.
With two separate homes on a single lot, this property offers exceptional flexibility for multi-generational living or a high-yield investment strategy in a central location.
Built in 1906, the property may require significant ongoing maintenance or costly upgrades to aging infrastructure like plumbing and electrical systems.
The majority of assigned public schools in the immediate area have low performance ratings, which may deter families and impact long-term appreciation.
Single-Family Home + Permitted ADU | Great Investment Opportunity!Fantastic opportunity to own two homes on one lot in Los Angeles! The front residence features 3 bedrooms and 2 bathrooms and will be delivered vacant, perfect for an owner-occupant. The separate, permitted rear ADU offers 1 bedroom and 1 bathroom and will be delivered tenant-occupied, providing potential rental income from day one. With a total of 4 bedrooms and 3 bathrooms, this property offers excellent flexibility for homeowners and investors alike. Don't miss this opportunity to own a property with income potential in Los Angeles!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,539 | 1,675.469 |
| Lot Size | 4,360 | 6,126.393 |
| Price | $599.0K | $1.34M |
| Price per sq ft | $389 | $800 |
| Built year | 1906 | 1941 |
| HOA | $0 | $262 |
| Days on market | 11 | 56 |
Oct 13, 2026
$599,000
Initial Listing
Mar 27, 1997
$118,000
Public Record