803 S Rowan, Los Angeles, California 90023, Los Angeles, 90023 - 3 bed, 2 bath
803 S Rowan
Los Angeles, California 90023
Property Price
SUMMARY
Analysis of 803 S Rowan, Los Angeles, California 90023 reveals a Prime Investment Opportunity with a current list price of $700,000—significantly undercutting the $727,071 Fair Market Value by 3%. This valuation gap indicates a +$27,071 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 803 S Rowan Subject | $700,000* List Price | 3 | 2 | 1,369 | $531 | - |
A 1178 Spence Street Sold | $710,000 | 3 | 1 | 1,358 | $523 | 0.9 mi |
B 1276 S Townsend Avenue Sold | $799,999 | 3 | 2 | 1,600 | $500 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1914, the property has undergone an extensive recent renovation that brings it up to modern standards. The interior features a fully updated kitchen with white shaker cabinets, stone countertops, and stainless steel appliances. The bathrooms have been modernized with contemporary tile work and new vanities. With new flooring, recessed lighting, and fresh paint throughout, the home is in move-in condition with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Entry-Level Pricing
Priced at $700,000 for a 3-bedroom single-family home, this property represents a highly accessible entry point into the Los Angeles real estate market.
- Historic Architectural Appeal
Built in 1914, the home offers the unique character and vintage charm inherent to early 20th-century architecture, a significant draw for buyers in the Boyle Heights area.
- Functional Floor Plan
The 3-bedroom, 2-bathroom configuration within 1,369 square feet provides a practical and high-demand layout that caters well to both families and investors.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Due to its 1914 construction date, the property likely requires significant updates to major systems such as electrical, plumbing, and foundation to meet modern standards.
- Limited Modern Amenities
The listing lacks mention of contemporary upgrades or cooling systems, suggesting that additional capital investment may be necessary to achieve modern comfort levels.
About 803 S Rowan
Exceptional opportunity in Los Angeles. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1914
- Lot Size
- 5,341 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 60% |
| Square foot | 1,369 | 1,072 | 80% |
| Lot Size | 5,341 | 4,976 | 60% |
| Price | $700.0K | $629.5K | 70% |
| Price per sq ft | $511 | $541 | 40% |
| Built year | 1914 | 1922 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 188 | 5% |
Pricing History
Listed for Sale
Jan 22, 2026
$700,000
Initial Listing
Sold
May 6, 1999
$112,000
Public Record