703 E 51st St, Los Angeles, CA 90011 - View 1
703 E 51st St, Los Angeles, CA 90011 - View 2
703 E 51st St, Los Angeles, CA 90011 - View 3

703 E 51st St, Los Angeles, CA 90011

Sale Price: $715,000
May 28, 20241,650 sqft3 beds2 baths
Listed by: Caroline Gim
License #: 01366389
Phone #: 800-424-9622
Expert Real Estate & Investment
Source:
CRMLS Logo
MLS #: PW24100500

Property Description

This beautifully maintained family home, lovingly cared for by owner for 45 years, is now on the market. Situated in an R2 Zone, it offers significant potential for value addition with the possibility of an ADU or the construction of a new unit. The property boasts a spacious 7,500 sq ft lot with a large backyard. Inside, you'll find 3 bedrooms, 2 bathrooms, and a den with views of the backyard. The home also features a formal dining room, a new roof, and a long driveway leading (extra parking space) to a 2-car detached garage. Conveniently located near schools, markets, public transportation, the 110 and 10 freeways and just a short drive to DTLA, this home is a MUST-SEE to fully appreciate its charm and potential!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$11,142

TurboHome Estimated Value

$720,900

$437 sqft

High Valuation
$756,945
$459/sqft
Normal Valuation
$720,900
$437/sqft
Low Valuation
$684,855
$415/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$437/sqft$720,900

Neighborhood: Southeast Los Angeles

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Comparative Value

$455K

$485K

$699K

$790K

732 E 52nd St, Los Angeles, CA 90011

Sale Price: $455,000

Selected Comparable

137 W 47th Pl, Los Angeles, CA 90037

Sale Price: $485,000

Selected Comparable

703 E 51st St, Los Angeles, CA 90011

List Price: $699,000

Subject Property

5109 McKinley Ave, Los Angeles, CA 90011

Sale Price: $710,000

Selected Comparable

703 E 51st St, Los Angeles, CA 90011

Sale Price: $715,000

Selected Comparable

1243 E 53rd St, Los Angeles, CA 90011

Sale Price: $790,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
703 E 51st St, Los Angeles, CA 90011

703 E 51st St, Los Angeles, CA 90011

List: $699,000

Listed: 5/28/2024

Area:1,650 sqft
Price/sqft:$424
Beds:3
Baths:2
Year Built:
Lot Size:7,503

Comparable Properties

COMPARABLE
Choose comps
703 E 51st St, Los Angeles, CA 90011

703 E 51st St, Los Angeles, CA 90011

Sale: $715,000

9/27/20240.00 mi

Area:1,650 sqft
Price/sqft:$433
Beds:3
Baths:2
Year Built:
Weight:22.8%
137 W 47th Pl, Los Angeles, CA 90037

137 W 47th Pl, Los Angeles, CA 90037

Sale: $485,000

2/24/20250.76 mi

Area:1,687 sqft
Price/sqft:$287
Beds:3
Baths:2
Year Built:
Weight:21.4%
732 E 52nd St, Los Angeles, CA 90011

732 E 52nd St, Los Angeles, CA 90011

Sale: $455,000

9/10/20240.10 mi

Area:1,682 sqft
Price/sqft:$271
Beds:3
Baths:1
Year Built:
Weight:19.4%
1243 E 53rd St, Los Angeles, CA 90011

1243 E 53rd St, Los Angeles, CA 90011

Sale: $790,000

5/30/20250.57 mi

Area:1,636 sqft
Price/sqft:$483
Beds:4
Baths:2
Year Built:
Weight:19.1%
5109 McKinley Ave, Los Angeles, CA 90011

5109 McKinley Ave, Los Angeles, CA 90011

Sale: $710,000

5/28/20250.11 mi

Area:1,719 sqft
Price/sqft:$413
Beds:4
Baths:3
Year Built:
Weight:17.3%

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