1028 Broad Avenue, Los Angeles, California 90744, Los Angeles, 90744 - 2 bed, 1 bath
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1028 Broad Avenue
Los Angeles, California 90744
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
802Sq Ft
8,484Lot Size
Property Price
LIST PRICE$779,000
EST. MARKET VALUE
$766,013
SUMMARY
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $779,000—positioned slightly above the $766,013 Fair Market Value. While priced at market, the property features a Condition Rating of 2, boasting a brand-new kitchen, updated electrical, and new mini-split HVAC. The massive 8,484 sq. ft. lot offers significant Development Potential for ADUs or additional residences. With proximity to Taper Avenue Elementary (9/10), this asset balances immediate lifestyle comfort with long-term growth, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking development upside.
Estimated Market Value
$766,013
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1028 Broad Avenue Subject | $779,000* List Price | 2 | 1 | 802 | $955 | - |
A 924 Frigate Avenue Sold | $675,000 | 2 | 1 | 844 | $800 | 1.0 mi |
B 1316 Ravenna Sold | $650,000 | 2 | 1 | 696 | $934 | 0.6 mi |
C 1217 Cary Avenue Sold | $799,900 | 2 | 1 | 1,056 | $757 | 0.3 mi |
D 1433 N Neptune Active | $749,950 List Price | 2 | 1 | 920 | $815 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1922, the property has undergone a comprehensive recent renovation (<5 years) including a brand-new kitchen with modern cabinetry and stone counters, new flooring throughout, updated electrical systems, new energy-efficient windows, and new mini-split HVAC units.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8484, living area = 802.
- Great Schools
Elementary School: Taper Avenue Elementary School (9/10).
- Significant Development Potential
The oversized 8,484 sq. ft. lot with convenient alley access provides a rare opportunity for investors or developers to add multiple ADUs or primary residences.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 802 square feet of interior space and a single bathroom, the current footprint may be restrictive for growing families or those requiring more storage.
- Underperforming Local Schools
Several nearby public schools, including the local high school and some elementary options, have lower performance ratings, which may impact long-term resale value for families.
About 1028 Broad Avenue
IMPORTANT: TALK TO THE OWNER FOR SHOWING. Great Home & Outstanding Development Opportunity. Beautifully updated 2-bedroom 1-bathroom home, located in a quiet, desirable neighborhood close to the beach. This move-in-ready property features: Brand-new kitchen. Updated electrical system. New flooring throughout. In each bedroom and living room a new mini-split A/C installed. Hookups for washer/Dryer. New energy-efficient windows. Situated on approximately 8,500 sq. ft. lot, the property offers a very large backyard with convenient alley access, making it ideal for future development. This is an excellent opportunity for homeowners, investors, or developers. SUBJECT TO THE DISCLAIMER AT BELOW - The lot has the potential to accommodate: Three new primary residence Two ADUs (Accessory Dwelling Units) Three Junior ADUs (subject to buyer verification with local planning and zoning requirements) Additional features include RV hookups with electrical, water, and sewer connections. Enjoy a peaceful neighborhood while being just minutes from the beach, shopping, dining, schools, and major transportation routes. Don't miss this rare opportunity to own a beautiful home with exceptional investment and development potential! "All information provided is deemed reliable but is not guaranteed and should be independently verified. Neither the listing broker nor the MLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 8,484 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Fries Avenue Elementary School
Grades K-5 • 0.4 mi
4/10
George De La Torre Jr. Elementary School
Grades K-5 • 0.7 mi
3/10
Gulf Avenue Elementary School
Grades K-5 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 802 | 1,664.159 |
| Lot Size | 8,484 | 6,066.556 |
| Price | $779.0K | $1.35M |
| Price per sq ft | $971 | $806 |
| Built year | 1922 | 1939 |
| HOA | $0 | $278 |
| Days on market | 42 | 55 |
Pricing History
Listed for Sale
Aug 27, 2026
$779,000
Initial Listing
Price Change
Jul 29, 2026
$785,000
Initial Listing
Sold
Feb 24, 2025
$615,000
Public Record
Sold
Mar 27, 1998
$103,500
Public Record