514 Pullman, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath
Loading property details...
514 Pullman
Los Angeles, California 90042
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,279Sq Ft
5,001Lot Size
Property Price
LIST PRICE$730,000
EST. MARKET VALUE
$730,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $600,000—positioned well below the $622,790 Fair Market Value by 3%. This valuation gap offers $22,790 in Instant Equity for buyers willing to execute a comprehensive renovation. With a Condition Rating of 5, the home requires significant capital investment to modernize its outdated systems. Located in a high-demand Los Angeles neighborhood, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Estimated Market Value
$730,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 514 Pullman Subject 3 bd · 2 ba · 1,279 sqft · $571 | $730,000* List Price | 3 | 2 | 1,279 | $571 | - |
A 5817 Arroyo Drive Sold 3 bd · 2 ba · 1,300 sqft · $654 · 0.4 mi | $850,000 | 3 | 2 | 1,300 | $654 | 0.4 mi |
B 5335 Monterey Road Active 3 bd · 2 ba · 1,461 sqft · $520 · 0.1 mi | $759,000 List Price | 3 | 2 | 1,461 | $520 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1962 and explicitly marketed as a 'fixer' and 'diamond in the rough,' this property requires a total rehab. The age (>60 years) and description suggest significant deferred maintenance and likely original, outdated systems (HVAC/Electric), fitting the criteria for a property needing major restoration rather than a simple update.
PROSSTRENGTHS & OPPORTUNITIES
- High Equity Potential
Priced at $600,000 in a neighborhood where comparable homes exceed $1M, this property offers significant value-add potential for investors or flippers looking for a high-margin project.
- Prime Location
Situated in the highly desirable 90042 zip code of Los Angeles, the property benefits from strong market demand and proximity to trendy local amenities.
- Functional Footprint
The 3-bedroom, 2-bathroom configuration on a 5,001 sqft lot provides a solid, versatile foundation for a modern transformation or expansion.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Marketed as a 'diamond in the rough' fixer, the property likely requires substantial capital investment to address deferred maintenance and modernization.
- Lack of Scenic Views
The property is noted to have no views, which may limit its ultimate resale value compared to neighboring hillside properties that offer city or canyon vistas.
About 514 Pullman
Diamond in the rough! Located in a highly desirable $1M+ neighborhood, this property is full of potential. Bring your imagination and vision to transform this fixer into the home of your dreams or a fantastic investment opportunity. Great location, endless possibilities, and tremendous upside for the right buyer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 5,001 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,279 | 1,670.836 |
| Lot Size | 5,001 | 6,152.156 |
| Price | $730.0K | $1.34M |
| Price per sq ft | $571 | $807 |
| Built year | 1962 | 1941 |
| HOA | $0 | $238 |
| Days on market | 124 | 56 |
Pricing History
Listed for Sale
Sep 30, 2026
$730,000
$600,000
+22% Price Increase
Initial Listing
Price Change
Jul 8, 2026
$600,000
Initial Listing
Sold
Oct 27, 2021
$320,000
Public Record