
Los Angeles, California 90032
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $559,999—positioned well below the $585,017 Fair Market Value by 4%. This valuation gap provides $25,018 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a renovated kitchen and open-concept layout. With rare Dual Access & Parking and a private Patio, this property balances immediate livability with long-term utility. It is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5063 Alhambra Subject 2 bd · 1 ba · 720 sqft · $813 | $559,999* List Price | 2 | 1 | 720 | $813 | - |
A 2736 N Eastern Avenue Pending 2 bd · 1 ba · 977 sqft · $613 · 0.5 mi | $599,000 List Price | 2 | 1 | 977 | $613 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with a renovated kitchen featuring white shaker cabinets, stainless steel appliances, and updated laminate flooring. While the home was built in 1927, the interior improvements appear to be within the 5-15 year range. It lacks central HVAC, utilizing a wall-mounted heater, but remains well-maintained and functional for its age.
The property features a rare combination of an extra-long driveway and rear alley access, providing significant convenience and parking flexibility in a dense urban area.
Marketed as move-in ready with a modern open-concept layout, this home reduces the immediate need for renovation costs for first-time buyers or investors.
Priced competitively at $559,999, this listing offers a highly accessible entry point into the Los Angeles real estate market compared to regional medians.
With only 720 square feet of living space on a small 2,433 square foot lot, the property offers limited room for expansion or large-scale outdoor activities.
Originally built in 1927, the property's age may necessitate future capital expenditures for aging systems despite its current move-in ready status.
Great Opportunity! Move-In Ready 2-Bedroom, 1-Bath Home! Priced to sell, this charming home offers a unique location with convenient access from the main road and additional rear alley access. Inside, you’ll find a spacious, open layout that flows seamlessly from the living area into the kitchen, providing plenty of room for comfortable living and dining. Additional highlights include an extra-long driveway, a rear laundry room, and a private backyard with a block wall and concrete slab—ideal for outdoor entertaining, family gatherings, or weekend BBQs. Conveniently located near commercial businesses and everyday amenities.
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 | 720 | 1,670.836 |
| Lot Size | 2,433 | 6,152.156 |
| Price | $560.0K | $1.34M |
| Price per sq ft | $778 | $807 |
| Built year | 1927 | 1941 |
| HOA | $0 | $238 |
| Days on market | 19 | 56 |
Oct 21, 2026
$559,999
Initial Listing
Nov 16, 2021
$499,000
Public Record
Feb 22, 2021
$400,000
Public Record