8847 Ruthelen, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 1 bath
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Los Angeles, California 90047
This Value-Add Residential Asset represents a strategic acquisition in a high-demand corridor near SoFi Stadium. Listed at $629,000, the property is positioned relative to a $581,639 Fair Market Value, with the price reflecting its expansive 6,075 sq. ft. lot and significant ADU Potential. Carrying a Condition Rating of 5, the 1939 structure requires comprehensive modernization of its vintage infrastructure to unlock its full ROI. Located within the Los Angeles Unified district, the detached garage and long driveway provide a clear path to forced appreciation for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8847 Ruthelen Subject | $629,000* List Price | 2 | 1 | 1,092 | $533 | - |
A 1440 W 91st Sold | $530,000 | 2 | 1 | 1,110 | $477 | 0.7 mi |
B 2040 W 82nd Street Sold | $669,000 | 3 | 2 | 1,328 | $504 | 0.5 mi |
C 7611 S Hobart Sold | $540,000 | 2 | 1 | 1,067 | $506 | 1.0 mi |
D 9631 S Harvard Boulevard Sold | $590,000 | 2 | 1 | 1,279 | $461 | 0.7 mi |
E 9101 Haas Avenue Sold | $620,000 | 2 | 1 | 1,275 | $486 | 0.3 mi |
F 1431 W 90th Place Sold | $510,000 | 3 | 1 | 1,125 | $453 | 0.7 mi |
G 8725 S Denker Active | $630,000 List Price | 2 | 1 | 1,034 | $609 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939 with no mention of recent renovations to major systems, kitchen, or bathrooms. The listing description uses industry terms like 'opportunity' and 'make it your own,' which typically indicate a need for a full rehab. While the hardwood floors appear maintained, the 85-year age and lack of updates suggest the property requires significant modernization.
Situated near SoFi Stadium and major Los Angeles hubs, this property offers excellent accessibility and high potential for future appreciation in a rapidly developing area.
The generous 6,075 sq. ft. lot features a long driveway and a detached garage, providing a perfect opportunity for an Accessory Dwelling Unit (ADU) to increase value or rental income.
Built in 1939, the home retains timeless charm with original hardwood floors, a welcoming front porch, and abundant natural light throughout the living spaces.
With only 2 bedrooms and 1 bathroom, the current configuration may limit appeal for larger families or those requiring a dedicated home office.
Given the 1939 construction date, the property may require significant capital investment to modernize aging systems such as plumbing, electrical, or HVAC to meet contemporary standards.
Welcome to a home filled with warmth, charm, and opportunity in a prime location near SoFi Stadium and the heart of Los Angeles. This inviting space features beautiful hardwood floors, natural light throughout, and a layout that feels both open and comfortable. Enjoy quiet mornings on the front porch, a spacious living area perfect for gathering, and a long driveway leading to a detached garage—offering endless possibilities to grow, create, and make it your own. Whether you're starting a new chapter or looking for a place to truly settle in, this home offers the perfect blend of character, space, and future potential.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 1,092 | 1,344 | 17% |
| Lot Size | 6,075 | 5,251 | 72% |
| Price | $629.0K | $725.0K | 26% |
| Price per sq ft | $576 | $514 | 70% |
| Built year | 1939 | 1930 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 140 | 3% |
May 1, 2026
$629,000
Initial Listing