4616 Verona Street, Los Angeles, California 90022, Los Angeles, 90022 - 2 bed, 2 bath
ACTIVE$525,000
4616 Verona Street, Los Angeles, California 90022
2Beds
2Baths
804Sqft
2,171Lot
Year Built
1924
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$653
HOA
-
Days on market
-
Sold On
-
MLS number
CV25214715
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $525.0K(17th), sqft - 804(10th), beds - 2(50th), baths - 2(57th).
Great Opportunity for an investment/flip or a first time buyer to come bring there vision alive in this corner home with lots of potential! Walking distance to Ford elementary, Griffith Middle schools & Garfield Highschool! Near shopping centers like Major grocery stores. The 5 Freeway & the 710 all within half a mile of the property ! Great location in East Los Angeles !
Price History
Date
Event
Price
10/02/25
Listing
$525,000
06/18/98
Sold
$90,000
Condition Rating
Poor
Built in 1924, this property is in very poor condition and requires substantial repairs and rehabilitation. The kitchen features outdated wood cabinets, worn laminate countertops, and an older white range. The bathroom is extremely dated with an old vanity, jalousie window, and a heavily worn shower. Most notably, the ceiling in one of the rooms shows significant cracking and damage, indicating potential structural or major plaster issues. The property's description itself suggests it's an 'investment/flip' opportunity, reinforcing the need for extensive renovation to make it livable and up to modern standards.
Pros & Cons
Pros
High Investment Potential: Explicitly marketed as a 'Great Opportunity for an investment/flip or a first time buyer to come bring there vision alive,' indicating significant upside for renovation or appreciation.
Excellent Commuter Location: Proximity to major freeways (5 Freeway & 710 within half a mile) offers convenient access to greater Los Angeles.
Walkable to Schools: Direct walking access to Ford elementary, Griffith Middle schools, and Garfield Highschool is a strong selling point for families.
Convenient Local Amenities: Close proximity to shopping centers and major grocery stores enhances daily living convenience.
Corner Lot Advantage: Being a corner home often provides more natural light, potentially more privacy, and a distinct curb appeal.
Cons
Age and Condition Implied: Built in 1924, and the description's emphasis on 'potential' and 'bring vision alive' strongly suggests the property requires significant renovation, updates, or repairs.
Limited Living Space: With only 804 sqft, the interior living area is quite compact, which may not suit buyers seeking more spacious accommodations.
Small Lot Size: The 2171 sqft lot is relatively small, offering limited outdoor space for recreation, gardening, or future expansion.