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941 W 55th St, Los Angeles, CA, 90037

3beds
2baths
1,138sqft
$699,800
$615price/sqft
$5,028/moest. monthly cost
$201,120/yrincome needed

About This Home

Charming 1920s bungalow opportunity in the heart of South Los Angeles! Situated on a 5,170 sq. ft. LAR2-zoned lot, this 3-bedroom, 1.5-bath single-family residence offers approximately 1,138 sq. ft. of living space and presents endless possibilities for homeowners, investors, or developers. The home retains classic character and features a functional floor plan, spacious living areas, and abundant natural light. The generous lot provides potential for expansion, redevelopment, or the addition of an ADU (buyer to verify with the city). Conveniently located near major freeways, public transportation, shopping, dining, and employment centers, this property combines location, flexibility, and long-term upside. A rare opportunity to own in a rapidly evolving neighborhood with strong growth potential.

Getting Around

78
WalkingVery Walkable
63
TransitGood Transit
61
BikeBikeable

Construction

Condition

  • Property condition: Updated/Remodeled
  • New construction: Yes
  • Year built: 1920

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Craftsman
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Range Hood,Tankless Water Heater
  • Laundry features: Washer Hookup,Gas Dryer Hookup,In Kitchen

Bathroom

  • Features: Bathtub,Dual Sinks,Low Flow Plumbing Fixtures,Remodeled,Tub Shower,Upgraded

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s),Open Floorplan,Quartz Counters,See Remarks,All Bedrooms Down
  • Window features: Double Pane Windows,Insulated Windows
  • Flooring: Wood
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: See Remarks

Interior Area

  • Total interior livable area: 1,138 sqft

Kitchen

  • Features: Granite Counters,Quartz Counters,Remodeled,Updated Kitchen

Property

Details

  • Parcel number: 5001008019
  • Zoning: LAR2
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Front
  • Pool features: None
  • Patio & porch: Covered,Front Porch
  • Spa features: None

Lot

  • Lot size: 5,170 sqft
  • Features: Back Yard,Front Yard,Near Public Transit,Rectangular Lot,Rocks,Sloped Up,Yard
  • Lot size dimensions: 40 x 129

Parking

  • Total spaces: 2
  • Parking features: Concrete,Direct Access,Door-Single,Driveway,Driveway Up Slope From Street,Garage Faces Front,Garage,See Remarks
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,538$42,456
Home Insurance *$154$1,848
Property Taxes $938$11,256
Electricity $398$4,786
Total$5,028$60,336
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,388/yr
40% on housing$150,840/yr
45% on housing$134,080/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$615This listing

vs Other Active Listings

Avg $/sqft

ZIP 90037$355
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90037$516
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Listed for sale$699,800
2025-12-10Sold$485,000

New Construction

AgentJennifer Avellan
BrokerageKeller Williams SELA

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