640 E 54th Street, Los Angeles, California 90011, Los Angeles, 90011 - 4 bed, 2 bath
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Los Angeles, California 90011
This 4-bedroom, 2-bathroom Single Family Residence represents a High-Potential Investment Opportunity, listed at $690,000—positioned well below the $691,239 Fair Market Value by 0.18%. With a Condition Rating of 3, the property offers immediate functionality while providing significant upside through its ADU conversion potential in the detached garage. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage the 4,700 sq ft lot to build long-term equity in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 640 E 54th Street Subject | $675,000* List Price | 4 | 2 | 1,279 | $539 | - |
A 318 E 50th Street Sold | $710,000 | 4 | 3 | 1,360 | $522 | 0.5 mi |
B 4416 Crocker Sold | $610,000 | 3 | 2 | 1,059 | $576 | 0.8 mi |
C 765 E 52nd Place Sold | $630,000 | 2 | 1 | 993 | $634 | 0.2 mi |
D 1259 E 49th Active | $645,000 List Price | 4 | 2 | 1,458 | $442 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1905, the interior shows signs of a mid-range renovation within the last 5-15 years. The property features newer laminate flooring, fresh paint, and a functional kitchen with stainless steel appliances. It appears well-maintained and move-in ready, though some systems and the roof show age.
The property includes a large detached garage on a 4,700 sq ft lot, offering a prime opportunity for an ADU conversion to generate rental income or create a multi-generational living space.
With 4 bedrooms and 2 bathrooms configured within 1,279 square feet, the home provides a highly functional floor plan that maximizes utility for larger families or rental investors.
Priced competitively for the Los Angeles market, this property serves as an ideal entry point for buyers looking to build immediate equity through cosmetic or structural improvements.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4700, other record lot size in square feet = 4771.
Built in 1905, the home may require substantial updates to major systems, including plumbing, electrical, and foundation, to meet modern building codes and efficiency standards.
The majority of the assigned public schools in the immediate area have ratings of 3 or lower, which may impact the property's appeal to families prioritizing high-performing education districts.
Incredible Opportunity in Los Angeles with ADU Potential! Welcome to 640 E 54th Street, a charming 4-bedroom, 2-bathroom home offering approximately 1,279 square feet of comfortable living space on a generous 4,700 sq ft lot. This property is packed with potential and is perfect for homeowners or investors looking to maximize value. Step inside to a bright and inviting floor plan filled with natural light, featuring a spacious living area, well-sized bedrooms, and a functional kitchen with ample cabinetry. The versatile layout offers comfort and flexibility for everyday living. What truly sets this property apart is the large, detached garage with exciting ADU conversion potential—an incredible opportunity to create additional living space, rental income, a guest house, or a private home office (buyer to verify with city). The spacious lot also offers plenty of outdoor space and ample parking possibilities. Conveniently located near schools, shopping, dining, and major freeways, this home combines location, functionality, and endless possibilities. Whether you’re looking for your next family home or an investment opportunity with upside potential, this is one you don’t want to miss!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 85% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,279 | 1,100 | 74% |
| Lot Size | 4,700 | 4,747.5 | 50% |
| Price | $675.0K | $550.0K | 85% |
| Price per sq ft | $528 | $523 | 53% |
| Built year | 1905 | 1910 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 162 | 3% |
May 28, 2026
$675,000
$690,000
-2% Price Drop
Initial Listing
May 12, 2026
$690,000
Initial Listing
Nov 26, 2013
$235,002
Public Record
Jul 14, 2008
$294,000
Public Record
Jul 1, 2004
$285,000
Public Record