3120 W 63rd Street, Los Angeles, California 90043, Los Angeles, 90043 - 1 bed, 1 bath
ACTIVE$525,000
3120 W 63rd Street, Los Angeles, California 90043
1Bed
1Bath
570Sqft
2,700Lot
Year Built
1922
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$921
HOA
-
Days on market
-
Sold On
-
MLS number
IN25158318
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $525.0K(3th), sqft - 570(1th), beds - 1(2th), baths - 1(23th).
Charming one-bedroom, one-bath home located in the heart of Los Angeles. This wood-frame residence features updated windows and is situated on an LAR3-zoned lot, offering potential for future development or expansion. The property will be delivered vacant, providing a clean slate for investors, developers, or owner-occupants. A great opportunity in a centrally located neighborhood with easy access to transportation, shopping, and local amenities. Buyer to verify all zoning and development possibilities with the City of Los Angeles.
Nearby schools
2/10
Yes Academy
Public,•K-5•0.2mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.5mi
3/10
Angeles Mesa Elementary School
Public,•K-5•0.9mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.9mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.1mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.1mi
4/10
Centinela Elementary School
Public,•K-6•1.2mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.7mi
3/10
Windsor Hills Math Science
Public,•K-5•1.8mi
1/10
Horace Mann Junior High School
Public,•6-8•1.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.7mi
2/10
Audubon Middle School
Public,•6-8•1.9mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.7mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.0mi
2/10
Inglewood High School
Public,•9-12•2.2mi
2/10
George Washington Preparatory High School
Public,•9-12•3.4mi
9/10
Middle College High School
Public,•9-12•5.9mi
Price History
Date
Event
Price
07/14/25
Listing
$525,000
Condition Rating
Poor
Built in 1922, this property shows significant signs of age and deferred maintenance. The exposed electrical wiring in the laundry area is a major safety concern, indicating outdated and potentially unsafe systems. While windows are updated, the overall condition, including rough finishes and dated aesthetics visible in the images, suggests that the kitchen and bathroom (though not pictured) are likely in very poor and outdated condition, requiring substantial repairs and rehabilitation. This property is a 'clean slate' for a reason, needing a full overhaul to meet modern living standards.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Development Potential: The property is situated on an LAR3-zoned lot, offering significant potential for future development or expansion, which is highly attractive to investors and developers.
Prime Central Location: Located in the heart of Los Angeles, the neighborhood provides easy access to transportation, shopping, and local amenities, enhancing its convenience and desirability.
Vacant Delivery: The property will be delivered vacant, providing a clean slate for immediate occupancy, renovation, or development without tenant-related complications.
Updated Windows: The residence features updated windows, indicating recent maintenance and potentially reducing immediate capital expenditures for a key structural component.
Investment Opportunity: Positioned as a great opportunity for investors, developers, or owner-occupants looking to capitalize on the property's zoning and central location.
Cons
Limited Living Space: With only 1 bedroom, 1 bathroom, and 570 sqft, the property offers very limited living space, which may restrict its appeal to a broad range of owner-occupants.
Advanced Age of Structure: Built in 1922, the home is over a century old, suggesting potential for outdated systems (e.g., plumbing, electrical) and higher long-term maintenance costs despite updated windows.
Buyer Due Diligence Required: While LAR3 zoning offers potential, the requirement for the buyer to verify all zoning and development possibilities with the City of Los Angeles introduces an element of uncertainty and additional due diligence.