
Los Angeles, California 90037
This Prime Investment Opportunity is a fully renovated Craftsman listed at $1,050,000, positioned well below the $1,080,336 Fair Market Value by 2%. This valuation gap offers $30,336 in Instant Equity. Featuring a Mint Condition Rating, the home includes a new cool roof, energy-efficient windows, and a granite kitchen. The large 7,710 sqft lot provides significant ADU development potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking proximity to USC and Downtown LA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 804 W 55th Street Subject | $1,050,000* List Price | 4 | 2 | 2,427 | $445 | - |
A 1317 W 48th Street Sold | $1,125,000 | 4 | 2 | 2,044 | $550 | 0.8 mi |
B 1150 W 48th Street Sold | $1,100,000 | 5 | 4 | 2,782 | $395 | 0.7 mi |
C 137 W 47th Place Sold | $760,000 | 4 | 2 | 1,687 | $451 | 0.9 mi |
D 1320 W 51st Place Sold | $1,055,000 | 5 | 4 | 2,069 | $510 | 0.7 mi |
E 1301 W 46th Pending | $919,900 List Price | 4 | 4 | 1,722 | $534 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1912 Craftsman has undergone a complete modern renovation within the last 5 years. It features a brand-new kitchen with granite countertops, updated electrical and plumbing systems, new central HVAC, a new 40-year roof, and energy-efficient windows throughout, meeting the criteria for mint condition with no immediate maintenance required.
The property has undergone an extensive renovation including new electrical, plumbing, a 40-year cool roof, and energy-efficient windows, offering the reliability of a modern home within a classic Craftsman frame.
The large 7,710 sqft lot and detached garage provide a significant opportunity for an Accessory Dwelling Unit (ADU), which could generate rental income or increase total property value.
Situated near USC, BMO Stadium, and Downtown Los Angeles, the property is ideally located for university faculty, students, or professionals seeking proximity to major employment and entertainment hubs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property listing indicates no significant views, which may be a disadvantage for buyers prioritizing aesthetic surroundings or panoramic cityscapes.
While fully renovated, the 1912 original construction date may still present long-term maintenance challenges or insurance considerations typical of century-old properties.
New renovated Craftsman house. 2427sq & 7800 sq. Large front and back yard with 4 beds and 2 baths. central aircon and central heater. 4 parking spaces. new double glass window and new blinds. Detached garage with washer/dryer hook-up and plenty of storage space. home completely upgraded. new grass in back yard. Inside upgraded electrical, plumbing, hardwood/ laminate floor and tile. kitchen brand new cabinet. new cabinet lighting. black galaxy granite counter-top. every rooms have new lighting, fixtures and fans. CCTV inside. Brand new cool roof with 40 years warrantee and save -energy costs. Brand new energy efficient window through-out in home. new painting outside. Buyer Imagine the possible ADU. near to USC. BMO stadium and LA Colosseum. near Downtown.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,427 | 1,664.159 |
| Lot Size | 7,710 | 6,066.556 |
| Price | $1.05M | $1.35M |
| Price per sq ft | $433 | $806 |
| Built year | 1912 | 1939 |
| HOA | $0 | $278 |
| Days on market | 34 | 55 |
Aug 6, 2026
$1,050,000
Initial Listing
May 21, 2018
$610,000
Public Record