
Los Angeles, California 90044
This Value-Add Residential Asset is listed at $700,000, representing a stable entry point near its $685,384 Fair Market Value. Carrying a Condition Rating of 4, the 1,450-square-foot home offers a versatile 4-bedroom layout with significant ADU Development Potential on a 5,092-square-foot lot. Located in a thriving area near the 9/10 rated Middle College High School, the property balances immediate rental demand with long-term appreciation potential through cosmetic modernization. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to force appreciation in a growing market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9027 Menlo Subject | $700,000* List Price | 4 | 1 | 1,450 | $473 | - |
A 834 W 95th Sold | $745,000 | 4 | 2 | 1,645 | $453 | 0.3 mi |
B 1104 W 89th Street Sold | $680,000 | 4 | 2 | 1,622 | $419 | 0.3 mi |
C 747 W 99th Sold | $650,000 | 3 | 2 | 1,274 | $510 | 0.5 mi |
D 1325 W 84th Place Sold | $690,000 | 3 | 2 | 1,238 | $557 | 0.7 mi |
E 523 W 102nd Street Active | $674,950 List Price | 4 | 2 | 1,344 | $502 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, the property shows a mix of minor cosmetic updates and aged components. While the home features newer laminate flooring and fresh interior paint, the kitchen remains dated with older cabinetry and appliances. The presence of popcorn ceilings and wall heaters indicates that major systems have not been fully modernized, and the 4-bedroom/1-bathroom configuration is outdated for current market standards.
High School: Middle College High School (9/10).
The generous 5,092-square-foot lot and spacious backyard offer excellent potential to add an Accessory Dwelling Unit (ADU), providing a significant opportunity for rental income or multigenerational living.
With four well-sized bedrooms and approximately 1,450 square feet of living space, the home provides a versatile floor plan suitable for growing families or high-occupancy rental investments.
The property features four bedrooms but only one bathroom, which is a significant drawback for modern family living and may require additional capital to add a second bathroom.
The majority of the immediate neighborhood middle schools carry low performance ratings, which could be a deterrent for families prioritizing high-quality public education.
Great opportunity for first-time buyers or investors in the thriving Southwest Los Angeles area! This 4-bedroom, 1-bathroom home offers approximately 1,450 square feet of living space on a generous 5,092-square-foot lot. Centrally located, the property provides convenient access to major freeways, schools, and shopping centers—making it an ideal choice for both homeowners and renters alike. Inside, the home features a functional layout with four well-sized bedrooms. Step outside to a spacious backyard with endless possibilities—perfect for entertaining, expanding, or taking advantage of the excellent potential to add an ADU for additional income or multigenerational living. Whether you’re looking to move in, invest, or expand, this property presents a rare opportunity in a rapidly growing area. Don’t miss out!
No exterior & parking available.
Grades K • 0.4 mi
Grades 1-6 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 81% |
| Baths | 1.0 | 2.0 | 39% |
| Square foot | 1,450 | 1,340.5 | 63% |
| Lot Size | 5,092 | 5,219.5 | 47% |
| Price | $700.0K | $662.5K | 60% |
| Price per sq ft | $483 | $511 | 43% |
| Built year | 1929 | 1928 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 181 | 1% |
Apr 7, 2026
$700,000
Initial Listing
Mar 16, 2022
$570,000
Public Record
Dec 31, 2020
$350,000
Public Record
Jun 20, 1997
$105,000
Public Record
Jun 6, 1997
$78,000
Public Record