638 E 137th, Los Angeles, California 90059, Los Angeles, 90059 - 5 bed, 3 bath
638 E 137th
Los Angeles, California 90059
Property Price
SUMMARY
Analysis of 638 E 137th, Los Angeles, California 90059 reveals a property with a current list price of $775,000, which is 3% above the estimated $745,690 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1944, this property shows significant signs of age and lack of modern updates. The kitchen features extremely dated wood cabinets, worn laminate countertops, and very old patterned linoleum flooring, indicating a need for a complete renovation. The bedroom also shows old, worn carpet and popcorn ceilings. While it has central air, the overall aesthetic and condition of key areas like the kitchen suggest substantial rehabilitation is required to meet current living standards and buyer expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious & Versatile Layout
With 5 bedrooms, 3 bathrooms, and 3465 sqft, the home offers ample space, an open-concept kitchen, a den, and a separate noise-canceling playroom, ideal for various living arrangements.
- Strong Investment Potential
The flexible layout is highlighted for its possibility of multi-unit conversion (subject to local approvals) or shared living, presenting a significant opportunity for investors.
- Modern Comforts & Amenities
Equipped with central air conditioning, a cozy gas fireplace, and a built-in bar, the property offers enhanced comfort and entertainment features.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Age of Property
Built in 1944, the home may require updates to systems or aesthetics to align with modern preferences and standards, potentially incurring additional costs.
- Multi-Unit Conversion Contingency
While offering multi-unit potential, this is 'subject to local approvals,' which can introduce uncertainty, delays, and additional expenses for investors.
About 638 E 137th
This large and versatile home offers 5 bedrooms and 3 bathrooms with plenty of space throughout. The open-concept galley kitchen flows into a spacious den room featuring a built-in bar, making it perfect for entertaining or shared living. Additional highlights include a cozy gas fireplace, central air, a den, and a separate playroom with extensive noise-canceling ideal for families or multi-tenant use. A large picture window at the front of the home brings in abundant natural light. Located in a very quiet neighborhood, the property offers a peaceful setting with strong long-term potential. The flexible layout allows for the possibility of creating multiple units (subject to local approvals), making this an excellent opportunity for investors interested in rental income, or multi-family conversion. Plenty of space and options to support a variety of in
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1944
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 3.0 | 2.0 | 91% |
| Square foot | 3,465 | 1,161 | 98% |
| Lot Size | 5,000 | 5,434 | 30% |
| Price | $775.0K | $625.8K | 91% |
| Price per sq ft | $224 | $522 | 2% |
| Built year | 1944 | 1945 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 190 | 2% |
Pricing History
Listed for Sale
Dec 14, 2025
$775,000
Initial Listing