856 W 126th Street, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath

856 W 126th Street, Los Angeles, California 90044 home-pic-0

856 W 126th Street

Los Angeles, California 90044

ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,222Sq Ft
7,763Lot Size

Property Price

LIST PRICE$630,000
EST. MARKET VALUE
$676,970
6% BelowMARKET VALUE

SUMMARY

Analysis of 856 W 126th Street, Los Angeles, California 90044 reveals a Prime Investment Opportunity with a current list price of $630,000—significantly undercutting the $676,970 Fair Market Value by 6%. This valuation gap indicates a +$46,970 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$676,970 +$46,970 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
856 W 126th Street
Subject
$630,000*
List Price
321,222$554-
A
11821 Menlo
Sold
$725,000311,345$5390.6 mi
B
658 W 120th Street
Sold
$805,000421,321$6090.5 mi
C
1048 W 125th Street
Sold
$750,000421,441$5200.2 mi
D
1302 W 127th Street
Sold
$745,000421,630$4570.4 mi
E
1336 W 118th Street
Sold
$734,000321,509$4860.7 mi
F
1122 W 124th Street
Pending
$550,000
List Price
321,331$4130.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready with several recent updates including new vinyl plank flooring, fresh paint, and a ductless mini-split HVAC system. While the kitchen's tile countertops and dark cabinetry are slightly dated, the inclusion of stainless steel appliances, vaulted ceilings, and well-maintained bathrooms with decorative tile and a jetted tub meet the criteria for a well-maintained, functional home.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7763, living area = 1222.

  • Development Potential

    The expansive 7,763 sq ft lot paired with LAR3 zoning offers significant value for investors or homeowners looking to build an ADU or explore multi-unit development opportunities.

  • Prime Parkside Location

    Situated directly across from Helen Keller Park, the property enjoys a serene greenbelt view and immediate access to community amenities including a pool, sports courts, and playgrounds.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.

  • Dated Interior Finishes

    While functional and clean, the kitchen's tile countertops and dark wood cabinetry may feel dated to buyers seeking a high-end, contemporary aesthetic.

  • Non-Traditional Entryway

    The side-positioned main entrance may be a drawback for buyers who prefer a traditional front-facing entry for curb appeal and standard interior flow.

About 856 W 126th Street

Charming 3 bed, 2 bath home on a spacious 7,763 sq ft LAR3 zoned lot, set on a peaceful block directly across from Helen Keller Park with its community pool, baseball diamond, basketball courts, and playground. Bordering the South Bay city of Gardena, this home is ready for its next chapter. The main entrance is located on the side of the home, keeping the living space completely separate from the two-car garage. Inside, fresh paint and new vinyl plank flooring in the bedrooms give the home a clean, move-in ready feel. Vaulted ceilings add a sense of openness throughout. The kitchen features dark wood cabinetry, tile countertops, stainless steel appliances, a gas range, and a breakfast bar open to the living area. Marble-look tile flows through the dining room and kitchen. One bathroom includes a jetted soaking tub, the other offers a full tub surround with decorative tile. A ductless mini-split system keeps the house comfortable year round, and a water softening system is already in place. Step outside to a covered patio and a backyard with real room to enjoy. Whether it's weekend cookouts, a play area, or plans for an ADU, the lot size and LAR3 zoning say yes. The two car garage with opener adds even more flexibility, with conversion potential for those thinking ahead. First-time buyer, growing family, or investor with vision, wherever you are on the journey, this home is ready to move forward with you. Parks, freeways, and transit all within close reach. The foundation is here. The rest is yours to build.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1955
Lot Size
7,763 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,2221,270
43%
Lot Size7,7635,250
95%
Price$630.0K$652.0K
43%
Price per sq ft$516$534
45%
Built year19551928
88%
HOA$0$0
50%
Days on market16186
1%

Pricing History

Listed for Sale

Feb 18, 2026

$630,000

Initial Listing

Sold

Feb 8, 2001

$145,000

Public Record

Sold

Aug 18, 2000

$106,000

Public Record

Sold

Sep 26, 1995

$98,500

Public Record

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