
Los Angeles, California 90011
This Turnkey Single Family Residence presents a Strong Value Opportunity, listed at $699,000—positioned well below the $749,104 Fair Market Value by 6%. This valuation gap offers $50,104 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with extensive infrastructure upgrades like PEX plumbing and new electrical, this home is move-in ready. Its proximity to USC and Downtown Los Angeles makes it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a modernized, low-maintenance property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 811 E 42nd Subject | $699,000* List Price | 4 | 2 | 1,421 | $527 | - |
A 3815 Paloma Sold | $750,000 | 4 | 2 | 1,236 | $607 | 0.3 mi |
B 1220 E 40th Place Sold | $593,777 | 2 | 1 | 1,080 | $550 | 0.5 mi |
C 318 E 50th Street Sold | $710,000 | 4 | 3 | 1,360 | $522 | 0.8 mi |
D 640 E 54th Street Active | $675,000 List Price | 4 | 2 | 1,279 | $528 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (<5 years) including new electrical wiring, an upgraded panel, PEX plumbing, and a new PVC sewer line. The interior is in mint, move-in ready condition with new flooring, updated bathrooms, and a modern kitchen, meeting the criteria for a high-quality recent remodel.
The property features significant 'behind-the-walls' improvements including new electrical wiring, an upgraded panel, PEX plumbing, and a PVC sewer line, offering rare peace of mind for a home built in 1907.
Ideally situated near Downtown Los Angeles, USC, and the California Science Center, this home provides excellent proximity to major employment hubs, transit, and premier cultural amenities.
Boasting new flooring, interior doors, and updated finishes throughout, this 4-bedroom residence is move-in ready, making it an attractive option for buyers seeking a modernized interior at a competitive price point.
Despite the extensive updates, the 1907 construction date may result in architectural limitations or ongoing maintenance requirements typical of century-old homes compared to modern builds.
While some nearby elementary schools perform well, the assigned middle and high schools currently hold lower performance ratings, which may be a concern for education-focused families.
Welcome to this beautifully updated 4 bedroom, 2 bathroom home offering comfort, convenience, and upgrades throughout. This property features new electrical wiring, an upgraded electrical panel, new flooring, PEX plumbing, an updated PVC sewer line, smoke detectors, and new interior doors, ceiling fans, giving peace of mind for years to come. Conveniently located near Downtown Los Angeles, the California Science Center, and University of Southern California, with easy access to schools, shopping, dining, and entertainment. This move-in ready home is a great opportunity to enjoy both updates and a prime location. Virtual staging.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 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 | 1,421 | 1,100 | 82% |
| Lot Size | 5,195 | 4,825 | 68% |
| Price | $699.0K | $550.0K | 85% |
| Price per sq ft | $492 | $507 | 47% |
| Built year | 1907 | 1910 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 160 | 3% |
May 28, 2026
$699,000
Initial Listing