
Los Angeles, California 90034
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $1,500,000—positioned well below the $1,564,905 Fair Market Value by 4%. This valuation gap offers $64,905 in Instant Equity. While the home maintains a Condition Rating of 4, the property requires due diligence regarding permit discrepancies for the bedroom count. Featuring updated major systems and a prime corner lot, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential in the Beverlywood vicinity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9203 Cattaraugus Avenue Subject | $1,500,000* List Price | 4 | 3 | 1,962 | $798 | - |
A 8932 Olin Street Sold | $1,510,000 | 4 | 2 | 1,620 | $932 | 0.3 mi |
B 1945 Livonia Avenue Sold | $1,700,000 | 2 | 2 | 1,869 | $910 | 0.6 mi |
C 8946 Olin Street Sold | $1,287,000 | 3 | 2 | 1,509 | $853 | 0.2 mi |
D 9400 Kramerwood Place Sold | $1,530,000 | 3 | 2 | 1,544 | $991 | 0.1 mi |
E 1965 S Corning Street Sold | $1,321,000 | 3 | 2 | 1,488 | $888 | 0.8 mi |
F 8617 Olin Street Sold | $1,200,000 | 3 | 2 | 1,221 | $983 | 0.7 mi |
G 1944 Chariton Street Sold | $1,190,000 | 3 | 2 | 1,497 | $795 | 0.9 mi |
H 2431 S Holt Active | $1,460,000 List Price | 3 | 2 | 1,616 | $903 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 76 years old (built 1948) with no mention of kitchen or bathroom renovations, suggesting a dated interior. While major systems have been maintained—including the roof (2012), heater (2014), and sewer line (2016)—the house requires updates and has significant permit discrepancies regarding the bedroom and bathroom count that may require remediation.
Situated on a corner lot in the highly sought-after Beverlywood Vicinity, this property offers enhanced curb appeal and potential for future expansion or development.
The home features significant infrastructure improvements, including a newer sewer line (2016), water heater (2021), and garage door (2024), reducing immediate capital expenditure for the buyer.
At nearly 2,000 square feet on a 6,653 square foot lot, the property provides a generous footprint that is rare for the area, offering ample space for a growing family.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
A significant discrepancy exists between the assessor's records (2 bedrooms) and the physical layout (4 bedrooms), necessitating thorough buyer due diligence regarding the legality of the additional rooms.
Built in 1948 with a focus on system maintenance rather than cosmetic upgrades, the interior likely requires modernization to align with the $1.5M price point and contemporary buyer expectations.
This 4 bedroom 1- full bath 2- 3/4 bath is in the Beverlywood vicinity is on the corner 9203 Cattaraugus Ave. and Canfield Ave. The Assessors assessment shows as a 2 bedroom 1,962 square feet. But the house measures to the square feet shown on Assessors assessment. Buyers to do their due diligence for permits. The owner states the following. Roof replaced 2012, forced air heater replaced 2014, water heater replaced 2021, garage door and opener replaced 2024, and Sewer line replaced 2016. Property is ready to show again see remarks.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,962 | 1,672 |
| Lot Size | 6,653 | 6,067 |
| Price | $1.50M | $1.37M |
| Price per sq ft | $765 | $801 |
| Built year | 1948 | 1939 |
| HOA | $0 | $348 |
| Days on market | 20 | 56 |
Jul 2, 2026
$1,500,000
Initial Listing
Oct 8, 1991
$325,000
Public Record