RealKey
‪(213) 433-7766‬

1733 E 123rd Street, Los Angeles, California 90059, Los Angeles, 90059 - 2 bed, 1 bath

1733 E 123rd Street, Los Angeles, California 90059 home-pic-0
ACTIVE$649,000
1733 E 123rd Street, Los Angeles, California 90059
2Beds
1Bath
850Sqft
6,235Lot
Year Built
1945
Close
-
List price
$649K
Original List price
$725K
Price/Sqft
$764
HOA
-
Days on market
-
Sold On
-
MLS number
25564011
Home ConditionExcellent
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $649.0K(64th), sqft - 850(17th), beds - 2(28th), baths - 1(43th).

JUST REDUCED , Seller Motivated! Great opportunity to get into home ownership with this beautiful 2 bed 1 bath home. Located blocks from MLK hospital,close access to the 105 fwy, minutes from SO-FI Stadium, Intuit Dome, and KIA Forum. Access to South Bay, San Pedro, Long Beach and more. This property has been upgraded throughout. Natural sunlight makes this home feel comfortable and cozy. Nice sized living room/dining area. Upgraded kitchen cabinets and countertops and bath. Two nice sized bedrooms. Lots of storage cabinets and shelves. A place and space for everything in the home. Newer hardwood laminate floors, window coverings and cool decor. Gated yard, with so much potential for an ADU, pool, kids play area and more. 2 car garage and concrete slab patio area for bar-b-que's and summer fun! Refrigerator, stove, and microwave included. Ample storage space in interior and exterior. Over 6300 sq ft deep lot. Home may qualify for Grant financing, or Downpayment Assistance Programs for those who qualify. Seller Motivated. Possible take over FHA assumable mortgage!

Price History

Date
Event
Price
10/16/25
Price Change
$649,000-1.5%
08/21/25
Price Change
$659,000-3.8%
08/05/25
$685,000
07/11/25
$724,999
04/21/22
Sold
$625,000
12/30/21
Sold
$455,000
Condition Rating
Excellent
Despite being built in 1945, the property has undergone extensive and very recent renovations, as indicated by the description 'upgraded throughout' and 'Extensive Recent Upgrades' in the property analysis. The images confirm a modern aesthetic with new white shaker kitchen cabinets, light countertops, and stainless steel appliances. The bathroom features contemporary grey tiling, a mosaic accent, and new fixtures. Newer hardwood laminate floors, modern light fixtures, and a mini-split AC unit further support a comprehensive update. The property appears move-in ready with virtually new components in key areas, aligning with the 'Excellent' criteria for a recently and extensively renovated home.
Pros & Cons

Pros

Significant Price Reduction & Seller Motivation: The property has undergone multiple price reductions, indicating strong seller motivation. Additionally, it may qualify for FHA assumable mortgage, grant financing, or down payment assistance programs, making it an attractive financial opportunity for buyers.
Extensive Recent Upgrades: The home has been 'upgraded throughout,' including the kitchen cabinets, countertops, bath, newer hardwood laminate floors, window coverings, and decor, offering a move-in ready condition.
Large, Versatile Lot with ADU Potential: Boasting an 'over 6300 sq ft deep lot' with a gated yard, there is ample space for future expansion, adding an Accessory Dwelling Unit (ADU), a pool, or creating various recreational areas.
Strategic Location with Excellent Connectivity: The property is conveniently located blocks from MLK hospital, with close access to the 105 freeway, and minutes from major entertainment venues like SO-FI Stadium, Intuit Dome, and KIA Forum, providing easy access to the South Bay, San Pedro, and Long Beach.
Included Appliances & Ample Storage: The refrigerator, stove, and microwave are included in the sale, adding value and convenience. The property also offers generous interior and exterior storage space.

Cons

Compact Interior Size: With only 850 sq ft of living space for a 2-bedroom home, the interior is relatively small, which might limit its appeal to growing families or those desiring more spacious living areas.
Older Construction Year: Built in 1945, despite recent upgrades, the older construction year could imply potential for underlying older infrastructure or systems that may require future maintenance or updates not explicitly covered by the current renovations.
List Price Above Estimated Value: Despite multiple price reductions, the current list price of $649,000 is approximately 6.7% higher than the estimated property value of $604,824.155, which could suggest it is still priced aggressively relative to market estimates.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state