
Los Angeles, California 90032
This property presents a Strong Value Opportunity with a List Price of $749,000—positioned well below the $803,130 Fair Market Value by 6%. This valuation gap offers $54,130 in Instant Equity for buyers. Featuring a Fair Condition Rating and significant renovation requirements, the large 8,661 sq. ft. lot provides exceptional potential for expansion or an ADU. With panoramic hill views and a prime El Sereno location, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4610 Edison Street Subject | $749,000* List Price | 2 | 2 | 1,553 | $517 | - |
A 3610 Locke Avenue Sold | $600,000 | 3 | 1 | 1,468 | $409 | 0.4 mi |
B 4915 Gambier Street Sold | $815,000 | 3 | 2 | 1,421 | $574 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 with no evidence of recent renovations; the interior is in a state of mid-demolition with missing flooring and exposed subfloors, dated bathroom fixtures, and a weathered exterior deck, requiring a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8661, living area = 1553.
Situated in the highly sought-after El Sereno neighborhood, the property's elevated position offers remarkable views of the surrounding hills, providing a serene and high-demand setting.
With a large lot and a structure primed for renovation or a second-story addition, this property presents a rare opportunity to build equity through expansion in a desirable area.
Constructed in 1923, the home likely requires significant capital investment to modernize aging systems and structural elements to meet contemporary standards.
The downslope nature of the lot may increase the complexity and cost of future construction, foundation work, or landscaping projects compared to a flat lot.
Welcome to a rare opportunity in the highly sought-after El Sereno neighborhood, north of Huntington Dr. and west of Collis. Perched high on Edison St., this property offers a serene setting with remarkable VIEWS of the surrounding hills. The existing home features approximately 1,553 square feet of living space and sits on a large, gently downslope lot with excellent potential to add value through expansion and/or a second story, similar to neighboring homes. Whether you're looking to renovate, expand, or create your vision from the ground up, this property presents an exciting opportunity in a highly desirable location. Don't miss out on this one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,553 | 1,664.159 |
| Lot Size | 8,661 | 6,066.556 |
| Price | $749.0K | $1.35M |
| Price per sq ft | $482 | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 14 | 55 |
Aug 26, 2026
$749,000
Initial Listing