
Los Angeles, California 90005
This 1913 residence represents a High-Potential Investment Opportunity, listed at a List Price of $1,650,000—positioned well below the $1,698,118 Fair Market Value by 2%. This valuation gap offers $48,118 in Instant Equity. Featuring a Condition Rating of 3, the home includes a renovated Granite Kitchen and a City Lights View from its Deck. While the infrastructure reflects its historic age, the large 6,752 sqft lot provides significant ADU potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Property is move-in ready.
Although built in 1913, the property features a renovated kitchen with modern stainless steel appliances, shaker cabinets, and granite countertops estimated to be 10-20 years old. The home appears well-maintained, functional, and move-in ready.
Built in 1913, this 2,042 sqft residence offers significant architectural character and a spacious four-bedroom layout that is rare for the historic Mid-Wilshire area.
Situated in the high-demand C17 Mid-Wilshire district, the property offers excellent proximity to Koreatown's amenities and features desirable city light views.
The generous 6,752 sqft lot provides substantial outdoor space, offering rare potential for expansion or the addition of an Accessory Dwelling Unit (ADU) in a dense urban setting.
Due to its 1913 construction, the property likely requires significant updates to its core systems, such as plumbing and electrical, to meet modern building standards.
With four bedrooms but only two bathrooms, the home's layout may be less functional for modern families or buyers expecting a higher level of convenience at this price point.
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.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,042 | 1,670.836 |
| Lot Size | 6,752 | 6,152.156 |
| Price | $1.65M | $1.34M |
| Price per sq ft | $808 | $807 |
| Built year | 1913 | 1941 |
| HOA | $0 | $238 |
| Days on market | 45 | 56 |
Sep 25, 2026
$1,650,000
Initial Listing
May 9, 2011
$530,000
Public Record
Jun 24, 2003
$400,000
Public Record