650 S Sydney Drive, Los Angeles, California 90022, Los Angeles, 90022 - 3 bed, 2 bath
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650 S Sydney Drive
Los Angeles, California 90022
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,325Sq Ft
5,031Lot Size
Property Price
LIST PRICE$624,900
EST. MARKET VALUE
$700,005
10% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $624,900—positioned well below the $700,006 Fair Market Value by 10%. This valuation gap offers $75,106 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes a recently updated kitchen and new electrical panel, providing a solid foundation for further renovation. Its strategic location near schools and transit makes this a high-potential asset for Buy-and-Hold Investors or first-time buyers seeking to build equity through sweat equity.
Estimated Market Value
$700,005+$75,105 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 650 S Sydney Drive Subject | $624,900* List Price | 3 | 2 | 1,325 | $528 | - |
A 4820 Eagle Street Sold | $720,000 | 3 | 2 | 1,188 | $606 | 0.6 mi |
B 407 S Vancouver Avenue Active Under Contract | $645,500 List Price | 4 | 2 | 1,328 | $486 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1955, this 69-year-old property is explicitly listed as needing TLC. While the kitchen and electrical panel have been recently updated, the exterior shows significant signs of neglect, and the interior requires a full rehab including wall repairs, flooring, and removal of dated popcorn ceilings to address its overall poor condition.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Key Upgrades
The property features a recently updated kitchen and a newly installed electrical panel, providing immediate value and reducing initial renovation costs for essential systems.
- Strategic Location
Situated with excellent proximity to schools, shopping centers, freeways, and public transit, this home offers high convenience for commuters and families alike.
- Investment Potential
With a solid 3-bedroom, 2-bathroom layout and a 'TLC' status, the property presents a significant opportunity for equity growth through personalized renovations.
CONSRISKS & DEFICIENCIES
- Required Repairs
The home is explicitly noted as needing 'TLC,' indicating that buyers will need to budget for cosmetic or functional improvements to make the home move-in ready.
- Lack of Views
The property offers no specific views, which may be a competitive disadvantage compared to other residential listings in the elevated areas of Los Angeles.
About 650 S Sydney Drive
This home located close to schools, shopping, freeways, public transportation and much more. Needs TLC and will be ready for a family. Kitchen was updated recently. A new electrical panel has been installed. The potential is endless.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 5,031 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,325 | 1,664.159 |
| Lot Size | 5,031 | 6,066.556 |
| Price | $624.9K | $1.35M |
| Price per sq ft | $472 | $806 |
| Built year | 1955 | 1939 |
| HOA | $0 | $278 |
| Days on market | 14 | 55 |
Pricing History
Listed for Sale
Aug 26, 2026
$624,900
Initial Listing