638 E 137th, Los Angeles, California 90059, Los Angeles, 90059 - 5 bed, 3 bath
Loading property details...
Los Angeles, California 90059
This Value-Add Residential Asset is listed at $775,000, priced in line with its $745,690 Fair Market Value. Holding a Condition Rating of 5, the property requires substantial rehabilitation to modernize its 1944 systems and dated finishes. However, the massive 3,465 sqft footprint and Multi-Unit Conversion Potential offer a clear path to forced appreciation. With 5 bedrooms and a flexible layout, the structure supports high-density rental strategies or a comprehensive renovation project. Located in the Compton Unified District, this is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
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.
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.
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.
Equipped with central air conditioning, a cozy gas fireplace, and a built-in bar, the property offers enhanced comfort and entertainment features.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1944, the home may require updates to systems or aesthetics to align with modern preferences and standards, potentially incurring additional costs.
While offering multi-unit potential, this is 'subject to local approvals,' which can introduce uncertainty, delays, and additional expenses for investors.
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
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 3.0 | 2.0 | 88% |
| Square foot | 3,465 | 1,085 | 98% |
| Lot Size | 5,000 | 5,088 | 39% |
| Price | $775.0K | $630.0K | 90% |
| Price per sq ft | $224 | $534 | 2% |
| Built year | 1944 | 1945 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 129 | 166 | 33% |
Dec 14, 2025
$775,000
Initial Listing