For SaleRisky Deal8 days on market

1627 Fargo St

1627 Fargo St, Los Angeles, CA 90026, Los Angeles, CA 90026
$699,000
Estimate®:$985,400$286,400 Under Market

Listing Price

Property image 1
1627 Fargo St, Los Angeles, CA 90026
Loc: Los Angeles, CA
Days Listed
8
Tax Assessed
$142k
Estimate®
$985k
29% Under Valued
Lot Size
4,434 sqft
Rent Estimate
$3,075/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Elysian Heights ES Arts Magnet

K-5
0.1 mi away
5

Sotomayor Arts and Sciences Magnet

6-12
1.1 mi away
7

PUC Early College Academy For Leaders And Scholars (eCALS)

9-12
1.1 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

craftsmanbungalowstiltedwood shingle sidingelevated deckred front doorhillside propertysloped terrainchimneyresidentialcozymature treeswood-framed balconyarchitectural charm

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.31%
Total ROI
30.8%
Cash Flow
$-1,698/mo
DSCR
0.53
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-1,698/mo net cash flow with a 3.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Los Angeles, CA
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-08Listed for sale$699,000$840
2026-07-28Listing removed$1,000,000$1,202
2026-06-26Listed for sale$1,000,000$1,202

Tax History

YearProperty TaxTax Assessment
2026$0$142,472
2025$1,870.14$139,680
2024$1,843.39$136,942
2023$1,810.77$134,258
2022$1,729.5$131,626
2021$1,706.06$129,046
2020$1,719.79$127,724
2019$1,719.79$125,220
2018$1,628.86$122,765
2017$1,628.86$120,359
2016$1,592.72$118,000
2015$1,551.5$116,229
2014$1,544.47$113,953
2012$0$111,216
2011$0$109,036
2010$0$28,445
2009$0$28,513
2008$0$27,955
2007$0$27,408
2006$0$26,871
2005$0$26,871
2004$0$25,829
2003$0$25,356
2002$0$24,860
2000$0$23,897
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
1
Sq Ft
832
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 2b/1ba in Los Angeles
+18% vs. list
$
$37,440
75% Rule
Maximum Allowable Offer (MAO)
$581,175

Calculated as (75% × $824,820) − $37,440

Asking Price is $117,825 (16.9%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $581,175 based on $37,440 in required updates.
Current Asking Price:$699,000
Estimated ARV:$824,820
Estimated Renovation:$37,440
All-In Capital Basis (MAO + Rehab):$618,615
Projected Equity Margin:+$206,205
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $699,000[Observed] Rent: $3,075/mo[Estimated] Tax Rate: 0.75% (CA)[Estimated] Hazard Ins: $350/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.31%

NOI: $23,144/yr

Cash-on-Cash Yield
-12.7%

On $160,770 invested

DSCR Ratio
0.53x

Negative debt coverage

5-Yr Leveraged ROI
+30.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.75% of basis)-$89/mo
[Estimated]Homeowner / Hazard Insurance-$350/mo
[Defaulted]Vacancy Reserve (5% of rent)-$154/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$308/mo
[Defaulted]Property Management (8% of rent)-$246/mo
Total Pure Operating Expenses-$1,146/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,075/mo
Less: Operating Expenses-$1,146/mo
Net Operating Income (NOI)+$1,929/mo
Less: Debt Service (30yr @ 6.75%)-$3,627/mo
Net Cash Flow
$-1,698/mo
$-20,379/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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