
Los Angeles, California 90037
This Renovated Single-Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $699,800—positioned well below the $711,037 Fair Market Value by 1.5%. This valuation gap offers $11,237 in Instant Equity. Featuring a Mint Condition Rating with recent kitchen and bath upgrades, the property sits on a 5,170 sq. ft. LAR2-zoned lot with significant ADU potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey asset in a high-growth area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 941 W 55th Street Subject | $699,800* List Price | 3 | 2 | 1,138 | $625 | - |
A 841 W 58th Sold | $675,000 | 4 | 2 | 1,236 | $546 | 0.2 mi |
B 1320 W 50th Street Sold | $740,000 | 3 | 1 | 1,288 | $575 | 0.6 mi |
C 1249 W 56th Street Sold | $715,000 | 3 | 2 | 1,144 | $625 | 0.4 mi |
D 710 W 49th Place Sold | $715,000 | 3 | 3 | 1,226 | $583 | 0.4 mi |
E 1133 W 58th Sold | $740,000 | 3 | 2 | 1,128 | $656 | 0.3 mi |
F 1132 W 55th Street Active | $689,000 List Price | 3 | 2 | 1,232 | $559 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1920, the property has undergone a comprehensive recent renovation (likely <2 years) featuring a brand-new kitchen with shaker cabinets and quartz countertops, fully updated bathrooms with modern vanities and tile, new flooring, recessed lighting, and upgraded vinyl windows, placing it in mint, move-in condition.
The property is situated on a 5,170 sq. ft. LAR2-zoned lot, providing significant opportunities for expansion, redevelopment, or the addition of an ADU to maximize value.
Conveniently located near major freeways, public transportation, and employment centers, this home offers excellent accessibility in a rapidly evolving neighborhood with strong growth potential.
This 1920s bungalow retains its original charm and features a functional floor plan with abundant natural light, appealing to buyers looking for vintage architectural appeal.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2025-12-10. The sold price is $485,000.00.
Built in 1920, the property likely requires updates to major systems and general modernization to meet contemporary living standards and building codes.
Charming 1920s bungalow opportunity in the heart of South Los Angeles! Situated on a 5,170 sq. ft. LAR2-zoned lot, this 3-bedroom, 1.5-bath single-family residence offers approximately 1,138 sq. ft. of living space and presents endless possibilities for homeowners, investors, or developers. The home retains classic character and features a functional floor plan, spacious living areas, and abundant natural light. The generous lot provides potential for expansion, redevelopment, or the addition of an ADU (buyer to verify with the city). Conveniently located near major freeways, public transportation, shopping, dining, and employment centers, this property combines location, flexibility, and long-term upside. A rare opportunity to own in a rapidly evolving neighborhood with strong growth potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,138 | 1,664.159 |
| Lot Size | 5,170 | 6,066.556 |
| Price | $699.8K | $1.35M |
| Price per sq ft | $615 | $806 |
| Built year | 1920 | 1939 |
| HOA | $0 | $278 |
| Days on market | 41 | 55 |
Jul 30, 2026
$699,800
Initial Listing
Dec 10, 2025
$485,000
Public Record