
Los Angeles, California 90062
This property presents a Strong Value Opportunity with a List Price of $580,000—positioned well above the $530,414 Fair Market Value by 9%. While priced above current market estimates, the LAR2 Zoning and 5,214 sqft lot provide significant long-term development potential for an ADU or multi-family expansion. Featuring a Fair Condition Rating (1913 build), the home offers historic character for Buy-and-Hold Investors or Owner-Occupants seeking a project with high-upside potential in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4518 S Van Ness Subject 2 bd · 1 ba · 850 sqft · $624 | $580,000* List Price | 2 | 1 | 850 | $624 | - |
A 4620 S Van Ness Avenue Sold 2 bd · 1 ba · 1,128 sqft · $532 · 0.1 mi | $600,000 | 2 | 1 | 1,128 | $532 | 0.1 mi |
B 4328 Brighton Avenue Sold 2 bd · 1 ba · 1,010 sqft · $525 · 0.9 mi | $530,000 | 2 | 1 | 1,010 | $525 | 0.9 mi |
C 5102 Cimarron Active 3 bd · 1 ba · 1,183 sqft · $524 · 0.4 mi | $619,900 List Price | 3 | 1 | 1,183 | $524 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1913, the home is well-maintained but significantly dated. The kitchen features older purple tile countertops and painted cabinetry, while the bathroom retains vintage fixtures like a clawfoot tub. While functional and move-in ready, the property exceeds the 20-year threshold for modern updates and requires cosmetic modernization and likely system inspections due to its age.
The LAR2 zoning and 5,214 sqft lot offer significant upside, providing the opportunity to build a second unit or convert the garage into an ADU for rental income or multi-generational living.
Built in 1913, the home features well-preserved original details including natural hardwood floors, a classic brick fireplace, and a vintage clawfoot soaking tub that provide timeless appeal.
The property includes a rare gated driveway with capacity for three to four vehicles, offering a high level of security and convenience in a dense Los Angeles neighborhood.
At approximately 850 square feet, the interior footprint is relatively small for a two-bedroom home, which may limit its appeal to growing families or those needing home office space.
The presence of only one bathroom can be a significant drawback for modern buyers and may create logistical challenges for households with multiple occupants.
Set along a picturesque, palm tree-lined street framed by soaring mature palms, this home captures the timeless character and unmistakable charm of Los Angeles living. Welcome to a home filled with character, warmth, and opportunity in the highly desirable Park Hills Heights area of Los Angeles. This charming 2-bedroom, 1-bath residence offers approximately 850 square feet of thoughtfully maintained living space, blending timeless Los Angeles character, original details, and the warmth that only a home with history can offer. Step inside to a welcoming living room featuring beautiful natural hardwood floors and a classic brick fireplace that adds warmth and character to the heart of the home. The natural hardwood flooring continues into the bedrooms, complemented by tile flooring in the dining area and kitchen. The bathroom continues the home's classic character with a tiled shower and a clawfoot soaking tub—the perfect touch of old-world charm. A secured, gated front driveway provides generous off-street parking with space for approximately three to four vehicles, a valuable convenience in the heart of Los Angeles. What truly sets this property apart is its LAR2 zoning and future potential. LAR2 zoning generally allows for two-family residential development, creating an exciting opportunity for buyers looking beyond the home as it stands today. Explore the possibility of converting the existing garage into a permitted ADU or utilizing the property’s zoning potential to create an additional dwelling, subject to City approval and applicable development requirements. Whether your vision includes multigenerational living, creating a separate space for extended family, or establishing an additional source of rental income, this property offers possibilities that extend well beyond a traditional single-family residence. Conveniently located just minutes from Leimert Park, the Crenshaw corridor, Baldwin Hills shopping and everyday conveniences, this home puts you near some of South Los Angeles' most established neighborhoods, shopping, dining, and community destinations. Enjoy the home today while exploring what its LAR2 zoning may offer for tomorrow. Classic Los Angeles charm, gated parking, a desirable location, and development potential come together in one unique 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 | 850 | 1,670.836 |
| Lot Size | 5,214 | 6,152.156 |
| Price | $580.0K | $1.34M |
| Price per sq ft | $682 | $807 |
| Built year | 1913 | 1941 |
| HOA | $0 | $238 |
| Days on market | 19 | 56 |
Oct 21, 2026
$580,000
Initial Listing
Nov 2, 2015
$300,000
Public Record
Oct 12, 2001
$115,000
Public Record
Oct 31, 1997
$129,000
Public Record
Jun 19, 1997
$500
Public Record