
Los Angeles, California 90044
This Value-Add Residential Asset is listed at $725,000, positioned above its $644,238 Fair Market Value. Despite the current pricing, the property offers a desirable 3-bedroom, 2-bathroom layout and a 5,398 sqft lot with significant ADU Potential. Currently holding a Condition Rating of 5, the 1948-built structure requires a full-scale renovation to modernize its original finishes. Its proximity to the 9/10 rated Middle College High School within the Los Angeles Unified district ensures strong long-term demand. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to build equity through forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 523 W 95th Street Subject | $725,000* List Price | 3 | 2 | 1,327 | $485 | - |
A 552 W 108th Street Sold | $685,000 | 3 | 2 | 1,339 | $512 | 0.9 mi |
B 834 W 95th Sold | $745,000 | 4 | 2 | 1,645 | $453 | 0.4 mi |
C 548 W 108th Street Sold | $654,000 | 3 | 2 | 1,460 | $448 | 0.9 mi |
D 1327 West 97th Street Sold | $550,000 | 3 | 2 | 1,032 | $533 | 0.9 mi |
E 8637 Orchard Avenue Sold | $589,000 | 3 | 1 | 1,084 | $543 | 0.7 mi |
F 533 W 95th Street Active | $595,000 List Price | 3 | 1 | 1,221 | $487 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property is over 70 years old. The listing explicitly notes 'Undisclosed Condition/Lack of Modern Updates' and 'implies potential for substantial buyer investment,' indicating significant work is needed. The single exterior image shows a dated facade, weathered carport, and an older garage door, suggesting a lack of recent maintenance and updates. Without any interior photos or descriptions of renovations, particularly for the kitchen and bathrooms, it's highly probable these areas are severely outdated and require substantial rehabilitation.
High School: Middle College High School (9/10).
The 3 bedrooms and 2 bathrooms configuration is highly sought after by families and provides ample living space.
The 5398 sqft lot offers significant outdoor space and strong potential for adding an Accessory Dwelling Unit (ADU), a valuable asset in the Los Angeles market.
The current list price of $725,000 is considerably higher than the property's estimated value ($425,421) and recent comparable sales, suggesting a substantial overvaluation without clear justification from the provided details.
The sparse property description lacks details on recent renovations or modern amenities (e.g., updated kitchen, bathrooms, HVAC, roof), which is a significant concern for a 1948-built home and implies potential for substantial buyer investment.
The property explicitly states 'view: None,' which may detract from its appeal in a competitive market where properties with city or neighborhood views often command higher prices.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 1-6 • 0.6 mi
Grades K-6 • 0.6 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 | 1,327 | 1,335.5 | 49% |
| Lot Size | 5,398 | 5,278.5 | 56% |
| Price | $725.0K | $662.5K | 63% |
| Price per sq ft | $546 | $511 | 69% |
| Built year | 1948 | 1928 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 454 | 181 | 0% |
Jun 26, 2023
$600,000
Public Record
Jan 31, 2018
$393,000
Public Record
Jul 26, 2012
$213,000
Public Record
Dec 2, 2011
$145,000
Public Record
Jun 8, 2001
$135,000
Public Record