1626 W 60th Pl, Los Angeles, CA 90047 — $499,950
- Beds/Baths/Sqft: 2 bd / 1 ba / 900 sqft
- Price per SqFt: $556
- Lot size: 4,688 sqft
- Year Built / Type: 1937 / Single Family Residential
- Status / Last Sale: Listed (Active) / $499,950 Aug 8, 2025
- Summary: This charming Spanish-style home features classic architecture and a detached garage, offering significant renovation potential in a desirable neighborhood.
- Renovation rationale:
- Mid band price with a low price per sqft of $556, providing room for value addition.
- Older build (1937) indicates potential for modern upgrades and improvements.
- Why these metrics matter for renovation:
- The price per sqft allows for a reasonable renovation budget, while the detached garage presents ADU potential, enhancing overall property value.
- Recommended renovation ideas: Update the kitchen and bathroom, explore adding a second bathroom, and consider converting the garage into an ADU for rental income.
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4919 7th Ave, Los Angeles, CA 90043 — $689,900
- Beds/Baths/Sqft: 3 bd / 1 ba / 1,080 sqft
- Price per SqFt: $639
- Lot size: 6,752 sqft
- Year Built / Type: 1920 / Single Family Residential
- Status / Last Sale: Listed (Active) / $689,900 Aug 7, 2025
- Summary: This spacious starter home is ideal for first-time buyers and offers a large backyard with potential for expansion or an ADU.
- Renovation rationale:
- Priced reasonably with a larger lot size of 6,752 sqft, allowing for significant modifications or additions.
- Older build (1920) presents opportunities for modernization.
- Why these metrics matter for renovation:
- The low price per sqft combined with a generous lot size means a lower renovation budget relative to the potential increase in property value through expansions or additional units.
- Recommended renovation ideas: Consider adding a bathroom, enhancing the kitchen, and exploring options for an ADU in the backyard.
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5257 Radford Ave #107, Valley Village, CA 91607 — $409,000
- Beds/Baths/Sqft: 1 bd / 1 ba / 674 sqft
- Price per SqFt: $607
- Year Built / Type: 1973 / Condo/Co-op
- Status / Last Sale: Listed (Active) / $409,000 Aug 8, 2025
- Summary: This updated 1-bedroom condo features an open-concept layout and is located in a well-maintained complex with low HOA dues.
- Renovation rationale:
- Mid band price and smaller layout offers add/convert potential, making it ideal for first-time buyers or investors.
- Single bath provides an opportunity to add a second bathroom.
- Why these metrics matter for renovation:
- The price per sqft allows for a reasonable renovation budget, while the potential for adding a second bath can significantly increase the unit’s value and appeal.
- Recommended renovation ideas: Explore adding a second bathroom and refreshing the kitchen and bathroom fixtures.
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1339 W 66th St, Los Angeles, CA 90044 — $524,950
- Beds/Baths/Sqft: 2 bd / 2 ba / 1,188 sqft
- Price per SqFt: $442
- Lot size: 3,997 sqft
- Year Built / Type: 1924 / Single Family Residential
- Status / Last Sale: Listed (Active) / $524,950 Aug 8, 2025
- Summary: This property offers a detached garage with ADU conversion potential and enough square footage to possibly add a third bedroom.
- Renovation rationale:
- A low price per sqft of $442 combined with a good lot size provides ample opportunity for expansion or remodeling.
- Older build (1924) indicates potential for modernization.
- Why these metrics matter for renovation:
- The low price per sqft allows for a manageable renovation budget, while the additional square footage could lead to significant increases in property value through expansions or additional units.
- Recommended renovation ideas: Consider converting the garage into an ADU, updating kitchen and bathroom fixtures, and exploring options for adding a third bedroom.
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833 S Alvarado St, Los Angeles, CA 90057 — $3,395,000
- Beds/Baths/Sqft: 20 bd / 18 ba / 11,846 sqft
- Price per SqFt: $287
- Lot size: 16,117 sqft
- Year Built / Type: 1968 / Multi-Family (5+ Unit)
- Status / Last Sale: Listed (Active) / $3,395,000 Aug 8, 2025
- Summary: This multi-family investment opportunity features 18 units located in a prime area with significant rental upside potential.
- Renovation rationale:
- The price per sqft of $287 is highly favorable for a multi-family property, allowing for extensive renovations and improvements.
- Older build (1968) offers opportunities to modernize and increase rental income.
- Why these metrics matter for renovation:
- The low price per sqft allows for a robust renovation budget, while the potential for increased rents post-renovation can drive significant cash flow improvements.
- Recommended renovation ideas: Update unit interiors, enhance common areas, and consider adding amenities to increase rental appeal and income potential.
- View on Redfin
