
Los Angeles, California 90062
This Single Family Residence is a Strong Value Opportunity, listed at $699,000—positioned well below the $737,892 Fair Market Value by 5%. This valuation gap offers $38,892 in Instant Equity. Featuring a Mint Condition Rating with a modern kitchen and private patio, the home balances historic charm with turnkey convenience. Its location in an Opportunity Zone with ADU potential makes it a strategic asset. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4904 S Van Ness Avenue Subject | $699,000* List Price | 3 | 2 | 1,252 | $589 | - |
A 2025 W Vernon Avenue Sold | $715,000 | 3 | 2 | 1,146 | $624 | 0.4 mi |
B 5171 S Wilton Place Sold | $765,000 | 2 | 1 | 1,080 | $708 | 0.3 mi |
C 1664 W 55th Street Sold | $620,000 | 3 | 2 | 1,098 | $565 | 0.7 mi |
D 1519 W 51st Place Sold | $859,000 | 3 | 2 | 1,426 | $602 | 0.8 mi |
E 1758 W 41st Drive Sold | $900,000 | 3 | 1 | 1,321 | $681 | 0.8 mi |
F 4431 S Wilton Place Sold | $815,000 | 4 | 3 | 1,643 | $496 | 0.3 mi |
G 1453 W 56th Active | $735,000 List Price | 3 | 2 | 1,470 | $500 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1911, the property has undergone a comprehensive modern refresh within the last 5 years. The interior features a crisp, remodeled kitchen with stainless steel appliances and a sculptural hood, updated bathrooms with rain-style showers, new flooring, recessed lighting, and updated windows, making it a turn-key, mint-condition home.
The home features a contemporary open-concept floorplan with a high-end kitchen refresh, including stainless steel appliances and a sculptural island hood, blending classic Craftsman charm with modern functionality.
The property includes a detached two-car garage and is situated in a designated Opportunity Zone, offering significant potential for an ADU conversion or future value appreciation on a generous 5,205 sqft lot.
Ideally positioned near the Metro K Line, USC, and major sports venues like SoFi Stadium, the home is well-placed within Los Angeles' high-growth 2028 Olympic corridor, ensuring strong long-term demand.
Originally built in 1911, the property may require ongoing maintenance or costly upgrades to aging systems such as plumbing and electrical that are common in century-old structures.
With only 1,252 square feet of living space distributed across three bedrooms, the individual room sizes and common areas may feel constrained for larger families or those requiring a home office.
Classic Craftsman charm meets a light-filled modern refresh in this storybook California bungalow, framed by palm-lined streets and a covered front porch made for morning coffee. Inside, sunlight pours across the open living and dining floorplan, flowing into a crisp open kitchen built for entertaining - stainless appliances, gas cooktop under a sculptural island hood, breakfast bar seating, and open shelving that keeps the host at the center of it all. Sun-filled bedrooms offer quiet retreats, including a primary bedroom with en-suite bathroom. A beautifully remodeled bath with rain-style shower and a dedicated laundry room add everyday comfort and rare flexibility. Outdoors is where this home separates itself: a long, gated driveway leads past the home to a private backyard draped by a mature avocado tree, with fruiting citrus, turf lawn, built-in bench seating, and a paver patio strung with café lights - perfect for entertaining and enjoying the bounty of your home. The rare detached two-car garage opens the door to a workshop, studio, or possible development/ADU potential all while located in a designated Opportunity Zone (buyer to verify). Minutes to Leimert Park Village and the Metro K Line; Exposition Park, USC, the Coliseum, and the new Lucas Museum of Narrative Art set to open in 2026. SoFi Stadium, Intuit Dome, and Kenneth Hahn's trails are a short drive - the heart of LA's 2028 Olympic corridor. From morning coffee on the porch to evenings under the string lights, this is the one that finally feels like home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,252 | 1,672 |
| Lot Size | 5,205 | 6,067 |
| Price | $699.0K | $1.37M |
| Price per sq ft | $558 | $801 |
| Built year | 1911 | 1939 |
| HOA | $0 | $348 |
| Days on market | 12 | 56 |
Jul 10, 2026
$699,000
Initial Listing
Jun 13, 2017
$497,000
Public Record
Dec 23, 2016
$352,000
Public Record