10749 Weigand Avenue, Los Angeles, California 90059, Los Angeles, 90059 - 3 bed, 2 bath
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Los Angeles, California 90059
This Value-Add Residential Asset is a High-Potential Investment Opportunity with a List Price of $399,988—positioned well below the $482,163 Fair Market Value by 17%. This valuation gap offers $82,175 in Instant Equity. Built in 1989, the property offers a Modern Functional Layout and immediate income from a $1,300/month tenant. Requiring TLC and cash/hard money, this Investor Special is located in the Los Angeles Unified district near the 9/10 rated Compton Early College High. This is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10749 Weigand Avenue Subject | $395,000* List Price | 3 | 2 | 1,205 | $292 | - |
A 2554 Santa Ana S Sold | $280,000 | 4 | 2 | 1,121 | $250 | 0.4 mi |
B 2414 E 115th Active | $490,000 List Price | 3 | 2 | 1,234 | $397 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (35 years old) with an original, dated kitchen and significant clutter. The listing explicitly states it requires TLC and is restricted to cash or hard money financing only, which typically indicates the property has safety or structural defects that prevent it from meeting traditional lending standards.
High School: Compton Early College High (9/10).
Priced significantly below market value, this property presents a prime value-add opportunity for investors to build substantial equity through strategic renovations.
Built in 1989, this detached single-story residence offers a contemporary 3-bedroom, 2-bathroom floor plan with an attached garage and no HOA constraints, providing better structural utility than older area homes.
The requirement for cash or hard money financing only eliminates traditional buyers and significantly limits the pool of potential purchasers to well-capitalized investors.
Marketed as an 'investor special' requiring TLC, the property likely needs a significant capital injection for repairs and upgrades to address its current condition.
Opportunity knocks in Los Angeles! Welcome to 10749 Weigand Ave, a rare chance to secure a 3-bedroom, 2-bath single-story home offering approximately 1,205 sq ft of living space on a 3,115 sq ft lot. Built in 1989, this detached SFR features a functional layout with all bedrooms and bathrooms on the main level, an attached garage, and no HOA. Priced well below market, this is the perfect value-add opportunity for investors or savvy buyers looking to build equity. The property does require some TLC, but the upside is clear with strong rental potential and long-term appreciation. Currently tenant-occupied at $1,300/month, providing immediate income from day one. Located in a neighborhood with sidewalks and street lighting, and offering convenient access to surrounding areas. Important: This property will be delivered with cash or hard money financing only — no traditional financing. Priced to move quickly, this is a true investor special with serious upside. Don’t miss out on this deal. Opportunities like this in Los Angeles don’t come around often.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,205 | 1,085 | 55% |
| Lot Size | 3,115 | 5,008 | 8% |
| Price | $395.0K | $635.0K | 4% |
| Price per sq ft | $328 | $534 | 10% |
| Built year | 1989 | 1945 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 151 | 4% |
May 26, 2026
$395,000
$425,000
-7% Price Drop
Initial Listing
May 13, 2026
$425,000
$399,988
+6% Price Increase
Initial Listing
Apr 30, 2026
$399,988
Initial Listing