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1537 Blake Avenue, Los Angeles, CA 90031

$639K1bd · 1ba · 612 sqft
Lot 1,778 sqft•Single Family Residence•
Active
•129d on market•MLS# 00-26844213

Property Description

The absolute lowest-priced single-family home opportunity in prime Frogtown! Tucked away just steps from the vibrant LA River bike path, this 1924 California Bungalow sits on a highly coveted street surrounded by beautifully renovated residences. Make no mistake - this property is a true fixer and an authentic diamond in the rough. Property has deferred maintenance and requires TLC, making it the ultimate blank canvas for design enthusiasts or homeowners with a vision. Standard Conventional Financing is WELCOME. Priced to reflect its current condition and UNDENIABLE future equity upside. Bring your imagination to capture an uncompromised piece of Frogtown history! Walkable to Salazar, La Colombe, and Just What I Kneaded.

Features & Amenities

FeeBuilt 1924

Property Details

Land Type
Fee
Year Built
1924
Property Type
Residential
Property Subtype
Single Family Residence
Flooring
Wood
City
Los Angeles
Zip Code
90031
County
Los Angeles
Listed byMolina & Associates, Celeste Molina

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,231.13
Principal & Interest
Loan Amount
$511,200
Total Interest
$652,007
Total Payment Over 30 Years
$1,163,207
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1537 Blake Avenue, Los Angeles, CA 90031

Los Angeles · Single Family Residence

$639K
Affordable Tier
Beds
1
Baths
1
Sqft
612
Lot
1,778 sqft
Year
1924
$/Sqft
$1044
Pool: No✓
Spa: No✓

Listed 15.1% above the median closed sale of $555,000. Closed comps sold at 105% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $639K· $1,044/sqft
Total list price
Closed comps
vs closed median $555K
+$84K (+15.1%)
Active comps
vs active median $500K
+$139K (+27.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $862
+$182 (+21.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
657 66 StreetLos Angeles1922115601,883$754$422,0001296
223 KernLos Angeles1924215852,838$855$500,000890
4102 Sequoia StreetLos Angeles1924216203,501$1,015$629,0005188
5964 HalldaleLos Angeles1923215721,412$918$524,90011088
1152 S Mott StLos Angeles1924216205,001$766$475,0008288
Total: 5 · Average1.81.0591.42,927$861.6$510,18052.6
Median585$500,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2416 Walnut AvenueLos Angeles192309/17/2026216001,800$899,000$995,000$1,6581.112292
9549 DefianceLos Angeles192409/22/2026215602,926$475,000$475,000$8481.004886
3151 CazadorLos Angeles192410/05/2026215604,802$599,999$650,000$1,1611.085784
1712 57thLos Angeles192610/08/2026227501,440$439,900$420,000$5600.956883
8000 Lou Dillon AvenueLos Angeles192209/16/2026216804,877$495,000$555,000$8161.124282
Total: 5 · Average2.01.26303,169$619,000$619,000$1,008.6—47.4
Median600$555,000$555,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.