
Los Angeles, California 90003
This Value-Add Starter Home is a Prime Investment Opportunity, listed at $535,000—positioned well below the $552,851 Fair Market Value by 3%. This valuation gap offers $17,851 in Instant Equity. The property maintains a Condition Rating of 4, featuring a 4-year-old roof and upgraded kitchen, while dated interior finishes provide clear potential for forced appreciation. Including a versatile bonus room and indoor laundry, this home is perfectly suited for first-time buyers or Buy-and-Hold Investors seeking entry into the Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10208 Los Angeles Street Subject | $535,000* List Price | 2 | 2 | 1,008 | $531 | - |
A 308 E 65th Active | $596,000 List Price | 2 | 1 | 918 | $649 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, the home is functional but dated. While the roof is only 4 years old and the kitchen has received some upgrades, the interior features popcorn ceilings, older wall heaters rather than central HVAC, and aged carpeting that suggests the last major interior renovation was over 20 years ago.
Positioned as one of the lowest-priced starter homes in the area, this property offers an excellent entry point for first-time buyers or investors looking for value in the Los Angeles market.
The home features recent interior and exterior paint, an upgraded kitchen, and a newer roof (approximately 4 years old), minimizing immediate maintenance costs for the new owner.
The inclusion of a dedicated bonus room and indoor laundry provides significant utility and flexibility, allowing for a home office, den, or playroom within a compact footprint.
With a lot size of only 3,000 square feet, the property offers minimal outdoor space, which may restrict gardening, large-scale entertaining, or future expansion possibilities.
At 1,008 square feet for a 2-bedroom, 2-bathroom layout plus a bonus room, the individual rooms and common areas may feel constrained compared to larger single-family residences.
One of the lowest priced starter homes in the area and it has 2 bedrooms and 2 bathrooms .. Property ready for a new owner and is in move in condition.Recently painted inside and out, kitchen has been upgraded, roof is about 4 years old..This property also has a bonus room that can be used as a den, office, playroom etc. .. Indoor laundry is also a nice feature..Fully fenced front and back yards... Call listing agent for more details or a private showing...
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,008 | 1,672 |
| Lot Size | 3,000 | 6,067 |
| Price | $535.0K | $1.37M |
| Price per sq ft | $531 | $801 |
| Built year | 1957 | 1939 |
| HOA | $0 | $348 |
| Days on market | 135 | 56 |
Mar 9, 2026
$535,000
Initial Listing