
Los Angeles, California 90043
This Renovated 1920s Character Home is a Prime Investment Opportunity listed at $1,050,000—positioned well below the $1,072,975 Fair Market Value by 2%. This valuation gap offers $22,975 in Instant Equity. Boasting a Condition Score of 2, the residence features a quartz kitchen, private fenced backyard with patio, and a rare 2.25% assumable loan opportunity. With proximity to the 9/10 rated Middle College High School, this turnkey sanctuary balances historic charm with modern financial upside. It is ideal for Owner-Occupants or Value-Seeking Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4720 2nd Avenue Subject | $995,000* List Price | 3 | 2 | 1,800 | $573 | - |
A 4715 5th Avenue Sold | $881,000 | 4 | 2 | 1,553 | $567 | 0.2 mi |
B 5445 S Victoria Sold | $900,000 | 3 | 2 | 1,401 | $642 | 1.0 mi |
C 5113 5th Avenue Sold | $905,000 | 3 | 2 | 1,315 | $688 | 0.4 mi |
D 5748 7th Avenue Sold | $829,000 | 4 | 3 | 1,671 | $496 | 0.8 mi |
E 4524 2nd Avenue Sold | $905,000 | 3 | 3 | 1,323 | $684 | 0.1 mi |
F 5104 8th Avenue Active | $990,000 List Price | 4 | 3 | 1,612 | $614 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1920, the property has undergone an extensive recent renovation that meets modern quality standards. The kitchen is fully updated with white shaker cabinetry, quartz countertops, a stainless steel farmhouse sink, and modern appliances. The interior features consistent high-quality laminate flooring, updated light fixtures, crown molding, and thoughtfully updated bathrooms, presenting a move-in ready home with no visible deferred maintenance.
High School: Middle College High School (9/10).
The property offers a rare potential assumable loan with a below-market interest rate of approximately 2.25%, providing a significant financial advantage and lower monthly payments for qualified buyers.
Built in 1920, this home preserves its vintage charm with a fireplace and original character while offering 1,800 sq ft of spacious living and thoughtfully updated bathrooms.
The majority of the assigned public schools in the immediate vicinity have low ratings, which may be a significant drawback for families with school-aged children.
As a property built in 1920, it may require more frequent maintenance or future capital improvements to aging systems compared to newer residential builds.
Beautifully maintained 3 bedroom, 2 bathroom home offering approximately 1,800 sq ft of living space with an ideal blend of classic charm and comfortable living. The home features a bright and spacious living room with fireplace, large windows that bring in abundant natural light, and a flowing layout that connects easily to the dining area, creating a warm and inviting space for both everyday living and entertaining. The kitchen offers generous counter space, ample cabinetry, and a functional layout that works well for cooking and gathering. All three bedrooms are well sized with good natural light, while the two bathrooms are thoughtfully updated. The outdoor space is a standout feature of the property. The front yard provides attractive curb appeal and welcoming landscaping, while the private fenced backyard offers plenty of space for outdoor dining, entertaining, gardening, or relaxing in the Southern California sunshine. The lot provides excellent usable outdoor space both in front and back, creating a peaceful setting that feels removed from the city while still being centrally located. Additional features include a private driveway for off street parking and mature landscaping that enhances the property's character. Conveniently located near local restaurants, neighborhood cafes, parks, and shopping, the home offers easy access to many of the area's popular destinations while maintaining a quiet residential feel. A wonderful opportunity to own a spacious, light filled home with great indoor and outdoor living. For qualified buyers, potential assumable loan available (subject to lender approval) with an approximate balance of $602,000 and a below-market interest rate (approx. 2.25%).
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
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 | 1,800 | 1,470.5 | 68% |
| Lot Size | 6,499 | 6,294 | 56% |
| Price | $995.0K | $850.0K | 62% |
| Price per sq ft | $553 | $622 | 30% |
| Built year | 1920 | 1926 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 165 | 2% |
Apr 9, 2026
$995,000
$1,050,000
-5% Price Drop
Initial Listing
Mar 18, 2026
$1,050,000
Initial Listing
Apr 18, 2019
$675,000
Public Record
Dec 14, 2018
$420,000
Public Record