4620 S Van Ness Avenue, Los Angeles, California 90062, Los Angeles, 90062 - 2 bed, 1 bath
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Los Angeles, California 90062
This property presents a High-Potential Investment Opportunity with a List Price of $599,999—positioned well below the $600,080 Fair Market Value by 0.01%. Featuring a Condition Rating of 4, the home requires cosmetic updates to modernize its 1914 architecture. The detached garage and finished exterior space provide significant ADU Potential for rental income. Its central location near USC and major transit hubs ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4620 S Van Ness Avenue Subject | $599,999* List Price | 2 | 1 | 1,128 | $532 | - |
A 1664 W 55th Street Sold | $620,000 | 3 | 2 | 1,098 | $565 | 0.8 mi |
B 1724 W 43rd Sold | $617,000 | 3 | 1 | 1,406 | $439 | 0.5 mi |
C 4328 Brighton Avenue Sold | $530,000 | 2 | 1 | 1,010 | $525 | 0.9 mi |
D 4822 Cimarron Street Sold | $685,000 | 3 | 2 | 1,330 | $515 | 0.1 mi |
E 1564 W 46th Pending | $609,900 List Price | 2 | 1 | 1,053 | $579 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1914, the home features a kitchen that appears to have been updated approximately 20-25 years ago with oak cabinetry and tile flooring. However, the living areas show significant age with dated wood paneling and heavily worn, stained carpeting that requires immediate replacement, and the overall interior aesthetic is dated beyond 20 years.
The property features a finished exterior space next to the detached garage, offering significant potential to convert or develop an Accessory Dwelling Unit (ADU) for rental income or multi-generational living.
Ideally situated near USC, SoFi Stadium, and major transit hubs like the Crenshaw Metro line and 10/110 freeways, providing excellent accessibility and long-term investment appeal.
While officially a 2-bedroom, the home includes a bonus room currently utilized as a third bedroom, offering more functional utility and space than the standard listing suggests.
Built in 1914, the property's age may necessitate significant updates or repairs to major systems such as electrical, plumbing, and roofing to meet modern standards.
With only one bathroom serving a home used as a three-bedroom, the layout presents a functional limitation for larger households or potential rental configurations.
Opportunity awaits in a sought-after Los Angeles neighborhood with plenty of space. This home feels very spacious. The property is listed as a 2-bedroom, 1-bath home but has been used as a 3-bedroom, 1-bath, with the bonus room serving as a bedroom. Service porch has space for washer and dryer inside. The finished exterior space next to the detached garage offers strong ADU potential, allowing for additional living space or a private guest unit that could generate rental income (buyer to verify with the city). Just minutes from USC, SoFi Stadium, LAX, the Crenshaw Metro line, and the 10 and 110 freeways, this home offers both comfort and long-term investment potential. Don’t miss the chance to own a property with exceptional potential in the heart of Los Angeles!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 1,128 | 1,443 | 21% |
| Lot Size | 5,213 | 5,463 | 31% |
| Price | $600.0K | $750.0K | 19% |
| Price per sq ft | $532 | $547 | 45% |
| Built year | 1914 | 1913 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 151 | 2% |
May 27, 2026
$599,999
Initial Listing