
Los Angeles, California 90047
This property presents a Strong Value Opportunity with a List Price of $640,000—positioned well below the $595,169 Fair Market Value by -7%. While the home carries a Poor Condition Rating due to its 1947 vintage and need for interior modernization, the Detached Garage with ADU Potential offers a clear path to forced appreciation. Located minutes from SoFi Stadium and the Intuit Dome, this asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through renovation in a high-demand South Los Angeles corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10513 Cimarron Street Subject | $640,000* List Price | 3 | 1 | 1,146 | $519 | - |
A 10517 Cimarron Street Sold | $570,000 | 3 | 1 | 1,140 | $500 | 0.0 mi |
B 1718 W 109th Sold | $565,000 | 3 | 1 | 1,435 | $394 | 0.6 mi |
C 11148 S Wilton Place Sold | $715,000 | 3 | 1 | 1,208 | $592 | 0.6 mi |
D 1422 W 110th Sold | $608,000 | 3 | 1 | 1,095 | $555 | 0.9 mi |
E 2031 Van Wick Sold | $675,000 | 3 | 1 | 1,524 | $443 | 0.3 mi |
F 10504 S Manhattan Sold | $477,000 | 2 | 1 | 991 | $481 | 0.4 mi |
G 9906 S Van Ness Sold | $593,000 | 3 | 1 | 1,487 | $399 | 0.4 mi |
H 1851 W 96 Street Sold | $620,000 | 3 | 1 | 1,025 | $605 | 0.7 mi |
I 11016 S Manhattan Place Active | $699,000 List Price | 3 | 1 | 1,190 | $587 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, this 77-year-old home is explicitly marketed as a 'fixer' requiring full kitchen and bathroom updates. While the exterior appears well-maintained, the description indicates a need for significant interior renovation and cosmetic rehab, placing it in the poor category based on age and lack of recent updates.
Situated minutes from major landmarks like SoFi Stadium, Intuit Dome, and Hollywood Park, the property offers exceptional proximity to world-class entertainment and major employment hubs.
The detached garage provides a significant opportunity to convert the space into an Accessory Dwelling Unit (ADU), ideal for generating rental income or increasing the property's total value.
As a fixer-upper with a solid 3-bedroom layout, this property allows investors or owner-users to build immediate equity through personalized renovations and modernization.
The home requires comprehensive updates to the kitchen, bathrooms, and interior finishes, necessitating a substantial upfront capital investment for repairs.
With only 1.25 bathrooms for a 3-bedroom residence, the current configuration may be less functional for modern families who typically prioritize multiple full bathrooms.
Opportunity, space, and potential come together in this 3-bedroom, 1.25-bath Los Angeles home offering approximately 1,146 sq. ft. of living space. Ready for a new owner to bring their vision, this fixer offers an excellent opportunity to renovate, personalize, and add value. There is 1,146 sq. ft. of living area on an approximately 5,453 sq. ft. lot. The kitchen and bathrooms are ready for updating, along with cosmetic improvements throughout, giving the next owner the opportunity to transform the home to their own taste and style. The property also features a detached garage with great ADU potential. Ideal for an owner-user, investor, or buyer looking for a value-add opportunity. Conveniently situated in South Los Angeles near Inglewood, the property is just minutes from SoFi Stadium, Hollywood Park, Kia Forum and Intuit Dome, with convenient access to LAX, shopping, dining, entertainment, and the 105 and 110 freeways. Bring your vision and imagination this property is ready for its next chapter. (Interior photos will be added soon)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,146 | 1,664.159 |
| Lot Size | 5,453 | 6,066.556 |
| Price | $640.0K | $1.35M |
| Price per sq ft | $558 | $806 |
| Built year | 1947 | 1939 |
| HOA | $0 | $278 |
| Days on market | 5 | 55 |
Sep 4, 2026
$640,000
Initial Listing