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4472 W 62nd Street, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 1 bath

4472 W 62nd Street, Los Angeles, California 90043 home-pic-0
ACTIVE$900,000
4472 W 62nd Street, Los Angeles, California 90043
2Beds
1Bath
1,285Sqft
6,600Lot
Year Built
1932
Close
-
List price
$900K
Original List price
$860K
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
25557653
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,6 Pros. Rank: price - $900.0K(54th), sqft - 1285(29th), beds - 2(26th), baths - 1(23th).

Welcome to 4472 West 62nd Street, a charming Spanish-style fixer-upper nestled in a thriving Los Angeles neighborhood. This home presents a unique opportunity for those looking to infuse their personal touch or for investors seeking potential. Spanning 1,285 square feet, this residence offers two spacious bedrooms and one bathroom. The 6,600 square foot lot provides ample outdoor space, ideal for gardening or future expansion. A two-car garage and additional parking enhance the property's appeal. Built in 1932, the home retains its original character, promising both charm and opportunity. The living spaces feature traditional elements complemented by the generous light that flows throughout. Explore the possibilities and transform this well-located gem into your dream home. Whether you're an investor or a first-time homebuyer, seize the chance to create something special in this great neighborhood. For further details or to schedule a viewing, please visit the Compass listing.

Nearby schools

4/10
Centinela Elementary School
Public,•K-6•0.6mi
3/10
Windsor Hills Math Science
Public,•K-5•0.9mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•0.9mi
2/10
Yes Academy
Public,•K-5•1.6mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•2.0mi
3/10
Angeles Mesa Elementary School
Public,•K-5•2.0mi
1/10
Lane (Warren) Elementary School
Public,•K-6•2.1mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•2.3mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.5mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•1.2mi
2/10
Crozier (George W.) Middle School
Public,•7-8•1.5mi
2/10
Audubon Middle School
Public,•6-8•2.3mi
1/10
Horace Mann Junior High School
Public,•6-8•2.5mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.9mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.4mi
2/10
Inglewood High School
Public,•9-12•1.5mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.7mi
2/10
George Washington Preparatory High School
Public,•9-12•4.2mi
9/10
Middle College High School
Public,•9-12•7.2mi
Condition Rating
Poor
Built in 1932 and explicitly described as a 'fixer-upper' requiring 'significant renovation' and 'substantial investment.' The property retains its 'original character,' indicating no major recent updates to systems, kitchen, or bathroom. With only one bathroom for two bedrooms, it falls short of modern expectations. The exterior image shows an older, un-renovated facade consistent with the description of a property needing extensive rehabilitation.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Prime Location: Situated in a 'thriving Los Angeles neighborhood' and described as a 'well-located gem,' offering strong appeal and potential for appreciation.
Development Potential: Explicitly marketed as a 'fixer-upper' with 'unique opportunity' for personal touch or investors, indicating significant value-add potential through renovation or expansion.
Generous Lot Size: The 6,600 sqft lot provides ample outdoor space, ideal for gardening, future expansion, or potential ADU development, which is highly desirable in Los Angeles.
Charming Spanish-Style Architecture: The home retains its 'original character' and 'charming Spanish-style,' which is a desirable aesthetic that can be enhanced through renovation.
Desirable View & Parking: Features a desirable 'City Lights' view and practical amenities like a two-car garage and additional parking, enhancing its overall appeal and functionality.

Cons

Significant Renovation Required: Described as a 'fixer-upper,' implying substantial investment and effort needed to modernize and bring the property to current market standards, which could deter some buyers.
Overpriced Relative to Market Value: The current list price of $900,000 is significantly higher than the estimated property value of $656,636.61, suggesting it is overpriced for its current condition and potential renovation costs.
Limited Bathroom Count: With only one bathroom for two bedrooms, the property falls short of modern buyer expectations, likely requiring a costly bathroom addition or expansion during renovation to maximize its value.

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