
Los Angeles, California 90002
This property presents a High-Potential Investment Opportunity with a List Price of $520,000, positioned above the $468,079 Fair Market Value. While the property requires significant rehabilitation due to its Fair Condition Rating, the 5,501-square-foot lot and two bonus spaces provide substantial room for value-add expansion or ADU development. This asset is designed for those capable of managing a full renovation to unlock long-term equity. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with significant repositioning potential in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10604 Weigand Avenue Subject | $520,000* List Price | 2 | 1 | 1,208 | $387 | - |
A 10372 Kimberly Street Sold | $610,000 | 4 | 2 | 1,455 | $419 | 0.6 mi |
B 9514 Juniper Street Sold | $560,000 | 3 | 2 | 1,140 | $491 | 0.7 mi |
C 2255 E 105th Active Under Contract | $650,000 List Price | 2 | 2 | 1,419 | $458 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 and explicitly marketed as an 'investor special' and 'fixer.' The kitchen features dated cabinetry with visible wear, and the presence of popcorn ceilings and mismatched flooring suggests a lack of recent major renovations. The property requires significant rehab to address its age and condition.
Marketed as an 'Investor Special,' this fixer-upper offers significant upside to build substantial equity through renovation and repositioning in a competitive market.
The property includes two bonus spaces that provide excellent flexibility for a home office, storage, or potential conversion into additional living area.
The generous 5,501-square-foot lot size provides ample room for future structural expansion or the addition of an ADU to maximize long-term value.
As a distressed property requiring a full renovation, it will necessitate a significant additional investment of time and capital from the buyer.
The property is currently tenant-occupied with 'drive-by only' viewing restrictions, creating uncertainty regarding the interior condition and vacancy timeline.
INVESTOR SPECIAL! Bring your contractor and your vision — this fixer opportunity is well worth the work. Opportunity to unlock significant upside with an estimated potential to build substantial equity and capitalize on a strong buyer pool in the area. This property offers the chance to renovate, reposition, expand, or create long-term value. Property includes two bonus spaces offering flexibility for additional living, work-from-home, storage, recreation, or future value-add potential (buyer to verify permitted use). Property is currently tenant occupied. Buyer to make offer subject to interior inspection. Seller may consider delivering the property vacant, however buyer to independently verify and satisfy themselves regarding occupancy status and timing. Generous lot size may allow for future expansion or addition potential (buyer to verify with city). DRIVE BY ONLY, PLEASE do not disturb the tenant! We will provide Better and new pictures once the tenant is out Don’t miss your chance to secure a value-add opportunity — submit your strongest offer and let’s put something together!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 2.0 | 48% |
| Square foot | 1,208 | 1,080 | 64% |
| Lot Size | 5,501 | 5,019 | 75% |
| Price | $520.0K | $600.0K | 28% |
| Price per sq ft | $430 | $553 | 20% |
| Built year | 1923 | 1939 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 190 | 1% |
May 19, 2026
$520,000
Initial Listing
Nov 1, 1993
$122,000
Public Record