4722 Topaz, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath
Loading property details...
Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned well above the $567,773 Fair Market Value by -10%. Featuring a Condition Rating of 5, this 1909 hillside home requires extensive renovation, offering significant upside through the conversion of the large, non-permitted downstairs room. With expansive City Lights and Canyon views, the property provides a unique canvas for value-add strategies. This is a high-reward acquisition ideal for Fix-and-Flip Investors or experienced contractors seeking a project with substantial equity potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4722 Topaz Subject | $599,000* List Price | 2 | 1 | 970 | $641 | - |
A 3300 Thelma Avenue Sold | $660,000 | 2 | 1 | 960 | $688 | 0.6 mi |
B 2477 Richelieu Avenue Sold | $745,000 | 3 | 1 | 1,297 | $574 | 0.6 mi |
C 4419 Radium Drive Sold | $615,000 | 3 | 3 | 1,155 | $532 | 0.4 mi |
D 2417 Richelieu Avenue Sold | $750,000 | 3 | 1 | 947 | $792 | 0.7 mi |
E 4524 Huntington Drive N Active | $499,888 List Price | 2 | 1 | 660 | $757 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1909 property is marketed as a 'diamond in the rough' for investors, indicating a need for a total rehab. Interior photos show heavily dated wood paneling, popcorn ceilings, and old carpeting. The presence of window AC units suggests a lack of modern central HVAC, and the exterior shows visible stucco cracking and a detached garage in significant disrepair.
The property offers expansive views of city lights, canyons, and hills, providing a serene and private atmosphere highly sought after in the Los Angeles hills.
Featuring a large downstairs room not included in the square footage and a flexible layout with a den and office, there is substantial opportunity to increase living space and equity.
The inclusion of a detached garage in a favorable street position on a 5,377 sqft lot provides rare functional utility for a hillside character home.
The hillside topography requires navigating exterior steps to reach the entrance, which may be a deterrent for buyers with mobility issues or those prioritizing easy access.
Built in 1909 and marketed as a 'diamond in the rough,' the home likely requires significant capital investment for repairs and modern upgrades.
Welcome to 4722 Topaz Street, a true diamond in the rough nestled in the hills of Los Angeles. This character filled 2-bedroom, 1 bathroom home with a large downstairs room is a rare and incredible opportunity for investors, or a first time buyer. The main home features 2 bedrooms, a den, kitchen, interior laundry room, and an additional office space or option for a 3rd bedroom. The home is also nestled on a hillside with incredible views and privacy. There are exterior steps leading to the home. One major bonus is the large room downstairs not included in the square footage, that can be used as a storage room, office, or workshop. The property features a detached garage that is located in a great position on the street. This is a great opportunity and will not last long!
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 | 970 | 1,672 |
| Lot Size | 5,377 | 6,067 |
| Price | $599.0K | $1.37M |
| Price per sq ft | $618 | $801 |
| Built year | 1909 | 1939 |
| HOA | $0 | $348 |
| Days on market | 29 | 56 |
Jul 21, 2026
$599,000
$625,000
-4% Price Drop
Initial Listing
Jun 23, 2026
$625,000
Initial Listing