451 E 124th, Los Angeles, California 90061, Los Angeles, 90061 - 2 bed, 1 bath
Loading property details...
Los Angeles, California 90061
This property presents a High-Potential Investment Opportunity with a List Price of $630,000—positioned well above the $520,930 Fair Market Value by -20%. While the pricing reflects a premium, the Fair Condition Rating and 1913 vintage infrastructure offer significant upside for forced appreciation through modernization. The 1,357 sqft layout provides a flexible floor plan for Buy-and-Hold Investors or first-time buyers to customize. Proximity to Magic Johnson Park and mature fruit trees add unique lifestyle value to this value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 451 E 124th Subject | $630,000* List Price | 2 | 1 | 1,357 | $384 | - |
A 351 E 124th Sold | $581,000 | 3 | 2 | 1,136 | $511 | 0.1 mi |
B 11513 S San Pedro Sold | $562,000 | 3 | 2 | 1,020 | $551 | 0.7 mi |
C 233 E 136th Sold | $650,000 | 3 | 1 | 1,100 | $591 | 0.9 mi |
D 315 W 120th Street Sold | $450,000 | 3 | 1 | 956 | $471 | 0.8 mi |
E 422 E 138th Active | $550,000 List Price | 2 | 1 | 1,326 | $415 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1913, the home features a dated renovation likely from the late 1990s or early 2000s, particularly in the kitchen and flooring. While the property is well-maintained and functional, it exceeds the 20-year threshold for modern updates and requires cosmetic and system refreshes.
The 1,357 square foot layout includes a dedicated office and offers significant potential to reconfigure the floor plan or add bedrooms, allowing buyers to build immediate equity through customization.
Situated just steps from Magic Johnson Park, the property provides residents with easy access to extensive walking trails, green spaces, and outdoor recreational facilities.
The backyard features established apple, avocado, and orange trees, creating a private, peaceful outdoor retreat that adds unique character and value to the lot.
Built in 1913, the home retains vintage character but may require significant updates to electrical, plumbing, or insulation systems to meet modern efficiency and safety standards.
With only one bathroom serving over 1,300 square feet of living space and multiple rooms, the current configuration may be insufficient for larger families or guests.
Welcome to 451 E. 124th Street, Los Angeles, CA 90061 a charming and well maintained home offering 2 bedrooms, 1 bathroom, a dedicated office space, and 1,357 square feet of living space on a 4,826 sqft lot. Built in 1913 this home retains much of its original chararcter and architectural style, offering a touch of vintage charm. This inviting home has been lovingly cared for and offering incredible potential for the next owner. The spacious floor plan provides an excellent opportunity to reconfigure the layout or add additional bedrooms to fit your family’s needs and lifestyle. Step outside and enjoy a backyard featuring apple, avocado, and orange trees, creating a peaceful setting to relax or entertain. Conveniently located just steps from Magic Johnson Park, you’ll have easy access to walking trails, open green space, and outdoor recreation. Whether you’re a first time homebuyer looking for an affordable place to call home or someone seeking a property with room to customize and add value, this home is full of possibilities. Don’t miss this opportunity!
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 | 1,357 | 1,672 |
| Lot Size | 4,826 | 6,067 |
| Price | $630.0K | $1.37M |
| Price per sq ft | $464 | $801 |
| Built year | 1913 | 1939 |
| HOA | $0 | $348 |
| Days on market | 8 | 56 |
Jul 14, 2026
$63,000
Initial Listing
Jul 14, 2026
$630,000
Initial Listing