4635 Catalpa St, El Sereno, California 90032, El Sereno, 90032 - 3 bed, 2 bath
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El Sereno, California 90032
This Value-Add Investor Asset presents a Prime Investment Opportunity with a List Price of $758,000—positioned well below the $781,071 Fair Market Value by 2%. This valuation gap offers $23,071 in Instant Equity for buyers prepared to rehabilitate a property with a Condition Rating of 5. The site features panoramic downtown views and significant ADU potential within the Los Angeles Unified district, just 10 minutes from the city center. This high-upside project is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4635 Catalpa St Subject | $758,000* List Price | 3 | 2 | 1,450 | $539 | - |
A 1860 N Rowan Sold | $868,000 | 3 | 2 | 1,315 | $660 | 0.3 mi |
B 4549 Jade Street Sold | $600,000 | 3 | 1 | 1,218 | $493 | 0.2 mi |
C 4716 Del Paso Court Sold | $725,000 | 3 | 2 | 1,246 | $582 | 0.1 mi |
D 4855 Klamath Active | $849,000 List Price | 3 | 2 | 1,400 | $606 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 and sold 'as-is,' the property requires significant repair following a long-term tenancy. While the kitchen shows a previous update (approx. 20 years old), there is visible damage to the ceiling and the listing explicitly notes the need for repairs, suggesting deferred maintenance on a century-old structure that likely requires a full rehab.
Situated just 10 minutes from Downtown Los Angeles, the property offers beautiful views of the city skyline, providing a highly desirable urban living experience.
The lot provides a significant opportunity to add an Accessory Dwelling Unit (ADU), offering potential for multi-generational living or additional rental income streams.
Listed below market estimates and priced aggressively for a quick sale, this property represents a strong investment opportunity in the rising El Sereno neighborhood.
The property is being sold in 'as-is' condition and requires repairs and updates following long-term tenant occupancy, which may require immediate capital improvement.
Current tenant occupancy and 'do not disturb' requirements complicate the viewing process, as offers must be made subject to inspection.
NEW OWNER CAN ADD ADU. IT IS GOOD OPPORTUNITY FOR IN LAW . PLEASE VERIFY TO BUILT WITH CITY OF LOS ANGELES .OFFER SUBJECT TO INSPECTION . 10 MINUTE TRAVEL TO DOWNTOWN WORK .PROPERTY SELL AS IS . PRICED BELOW ZILLOW ESTIMATE . READY TO SELL .. THE FRONT GET THE VIEW OF THE DOWNTOWN HIGH RISE BUILDING AND IT IS BEAUTIFUL VIEW . PROPERTY NEED SOME REPAIR DUE TO LONG TERM TENANT OCCUPY. PRICED VERY WELL TO SELL .. MAKE A GOOD OFFER .. PLEASE DO NOT DISTURB THE TENANT .. DO NOT ASK TENANT ANY QUESTIONS . THANK
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,450 | 1,248 | 72% |
| Lot Size | 5,331 | 5,447 | 44% |
| Price | $758.0K | $850.0K | 35% |
| Price per sq ft | $523 | $688 | 15% |
| Built year | 1924 | 1940 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 139 | 7% |
May 1, 2026
$758,000
Initial Listing
Jan 24, 2003
$165,000
Public Record