
Los Angeles, California 90047
This property represents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $777,387 Fair Market Value by 10%. This valuation gap offers $78,387 in Instant Equity for buyers ready to modernize this 1936 traditional home. While maintaining a Condition Rating of 4, the expansive 7,434 square foot lot provides significant ADU potential for rental income. Located in a high-growth corridor near SoFi Stadium and the Intuit Dome, this asset is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9636 La Salle Avenue Subject | $699,000* List Price | 3 | 2 | 1,556 | $487 | - |
A 10520 Ruthelen Sold | $775,000 | 3 | 2 | 1,589 | $488 | 0.6 mi |
B 10210 S Manhattan Place Sold | $745,000 | 3 | 1 | 1,381 | $539 | 0.4 mi |
C 9023 S Halldale Avenue Sold | $720,000 | 3 | 2 | 1,497 | $481 | 0.5 mi |
D 10031 S Harvard Boulevard Sold | $600,000 | 3 | 3 | 1,640 | $366 | 0.2 mi |
E 9221 S Harvard Boulevard Sold | $725,000 | 3 | 2 | 1,510 | $480 | 0.3 mi |
F 11016 S Active | $799,000 List Price | 3 | 2 | 1,510 | $529 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936 and maintained in its original condition, the home is functional and livable but significantly outdated. While it retains charming architectural details and classic tiling, the kitchen and bathrooms require cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7436, living area = 1556.
High School: Middle College High School (9/10).
The property is ideally situated near Southern California's premier entertainment corridor, including SoFi Stadium and the Intuit Dome, offering significant long-term appreciation potential and lifestyle appeal.
The home reflects its original 1930s state and requires significant cosmetic updates and modernization to meet contemporary standards and maximize its market value.
The majority of the assigned public schools in the immediate vicinity have low performance ratings, which may be a drawback for families prioritizing local educational facilities.
Opportunity meets potential in this spacious 3-bedroom, 2-bathroom home offering 1,556 square feet of living space on a generous 7,434 square foot lot.The property boasts excellent curb appeal with a lush green front lawn, mature landscaping, and a brick driveway leading to an attached garage. Situated in a quiet, peaceful, well-established neighborhood with long-standing owners, pride of ownership is evident throughout the block in the attractive facades and well-maintained surrounding homes.Inside, the home features a spacious formal living room with charming architectural archways and a decorative mantel centerpiece that adds character and warmth to the space. A separate dining area creates natural flow for gatherings and everyday living. Large windows throughout the home invite in abundant natural light.The kitchen offers a functional layout with ample cabinetry and convenient access to a dedicated indoor laundry area. The bedrooms are generously sized, and the home includes two bathrooms featuring classic tile details and a tub/shower combination with glass enclosure.The expansive backyard provides a substantial grassy area ideal for entertaining, gardening, or future expansion. With a 7,434 square foot lot, there is potential to explore adding an ADU or additional unit for multigenerational living or income-producing possibilities (buyer to verify). Block wall fencing enhances privacy and usability of the outdoor space.The home reflects its original condition and presents an opportunity for thoughtful updates and personalization. While cosmetic improvements would enhance the property, in its current state, it remains comfortably livable and offers strong foundational value.With solid fundamentals, desirable neighborhood appeal, generous lot size, and clear upside potential, this property is ideal for end-users seeking space to grow or investors looking for a value-add opportunity in today's inventory-constrained market.Ideally positioned with easy access to parks, major freeways, and a variety of nearby restaurants and amenities, the property is also located near one of Southern California's fastest-growing entertainment corridors. Just minutes from SoFi Stadium, the Intuit Dome, the Kia Forum, and COSM, this location offers both lifestyle appeal and long-term growth potential driven by continued development and investment in the surrounding area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,556 | 1,369 | 77% |
| Lot Size | 7,436 | 5,282 | 97% |
| Price | $699.0K | $745.0K | 37% |
| Price per sq ft | $449 | $517 | 19% |
| Built year | 1936 | 1930 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 177 | 2% |
Mar 4, 2026
$699,000
Initial Listing