
Los Angeles, California 90047
This 1928 Single-Family Residence is a strategic Value-Add Asset listed at $559,000, compared to a $500,209 Fair Market Value. Currently holding a Condition Rating of 5, the property requires a full interior rehabilitation, offering a blank canvas for modernization. The 4,656 square foot lot provides significant potential for footprint expansion or an Accessory Dwelling Unit (ADU), complemented by desirable City Lights views. Positioned as a competitive entry-level opportunity in Los Angeles, this property is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6467 Cimarron Street Subject | $559,000* List Price | 2 | 1 | 872 | $574 | - |
A 2031 W 65th Place Sold | $590,000 | 2 | 1 | 1,106 | $533 | 0.1 mi |
B 2065 W 65th Sold | $566,000 | 2 | 1 | 1,096 | $516 | 0.0 mi |
C 5951 S Van Ness Sold | $615,000 | 2 | 1 | 1,047 | $587 | 0.4 mi |
D 6030 W Wilton Sold | $525,000 | 2 | 1 | 744 | $706 | 0.3 mi |
E 1546 W 70th Street Sold | $510,000 | 2 | 1 | 1,053 | $484 | 0.8 mi |
F 1706 W 65th Place Active | $630,000 List Price | 3 | 1 | 1,040 | $606 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928 with no evidence of recent renovations. The interior features highly dated linoleum flooring, worn carpeting, and aging fixtures. Given the age and visible condition, the property likely requires a full rehab and updates to major systems.
High School: Middle College High School (9/10).
Listed at $559,000, this property represents a highly accessible price point for a single-family home in the Los Angeles market, offering significant value for first-time buyers or investors.
The property features desirable city light views, a premium attribute that enhances the living experience and provides a competitive edge over other homes in the immediate area.
At just 872 square feet, the home's compact interior may be restrictive for growing families or those requiring dedicated home office spaces.
The immediate public schools serve the area with ratings as low as 1 and 2, which may be a significant drawback for education-focused families and could impact future appreciation.
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 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 872 | 1,344 | 3% |
| Lot Size | 4,656 | 5,251 | 21% |
| Price | $559.0K | $725.0K | 10% |
| Price per sq ft | $641 | $514 | 83% |
| Built year | 1928 | 1930 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 140 | 3% |
May 4, 2026
$559,000
Initial Listing