108 S Dillon, Los Angeles, California 90057, Los Angeles, 90057 - 3 bed, 1 bath
ACTIVE$799,000$2,132/sqft
Est. Value: $824,743
3%
BelowEstimate
108 S Dillon, Los Angeles, California 90057
3Beds
1Bath
2,132Sqft
4,800Lot
Price Vs. Estimate
The estimated value ($824,742.78) is $25,742.78 (3%) higher than the list price ($799,000). This property may be underpriced.
Key pros and cons
Top Pros:
Prime Central Los Angeles Location: Situated in a 'wonderful area' in the 'heart of Los Angeles' within the desirable C21 - Silver Lake - Echo Park MLS area, offering excellent access to urban amenities and potential for appreciation.
Top Cons:
Requires Extensive Renovation: Described as a 'Total Fixer' and 'Diamond in the rough,' the property demands significant capital investment, time, and expertise for a complete rehabilitation.
Compared to the nearby listings
Price:$799.0K vs avg $840.0K ($-41,000)25%
Size:2,132 sqft vs avg 1,841 sqft75%
Price/sqft:$375 vs avg $54625%
More Insights
Built in 1912 (114 years old).
Condition: Built in 1912, this property is explicitly marketed as a 'Total Fixer' and 'Diamond in the rough,' requiring 'Extensive Renovation' and 'Rehab.' The listing states 'cash or hardmoney' only, indicating it will not qualify for conventional financing due to its condition. The exterior image shows significant deferred maintenance, including worn siding, an aged roof, and an unkempt yard. The 3-bed, 1-bath configuration for a home of this age and size suggests severely outdated systems and layout. All major components, including kitchen, bathroom, electrical, plumbing, and HVAC, are highly likely to require substantial repair or complete replacement to meet modern safety and living standards.
Year Built
1912
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$375
HOA
-
Days on market
-
Sold On
-
MLS number
PW26008522
Home ConditionPoor
Features
View-
About this home
Investor's Special, Total Fixer in a wonderful area. Alley Access. This property is vacant and ready to be flipped. this property is a must see. cash or hardmoney. Need a project in the heart of Los Angeles, look no further. Diamond in the rough. Ready for Rehab.
R
Ramon Sanchez
Listing Agent
Nearby schools
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.3mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.4mi
/10
Lafayette Park Primary Center
Public,•K•0.4mi
/10
Lake Street Primary School
Public,•K-1•0.7mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.8mi
3/10
Charles White Elementary School
Public,•1-5•0.8mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•1.0mi
8/10
Hoover Street Elementary School
Public,•K-5•1.0mi
5/10
Union Avenue Elementary School
Public,•K-5•1.1mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•1.3mi
2/10
Esperanza Elementary School
Public,•K-5•1.3mi
3/10
Leo Politi Elementary School
Public,•K-5•1.5mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.5mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.6mi
2/10
Tenth Street Elementary School
Public,•K-5•1.7mi
6/10
Castelar Street Elementary School
Public,•K-5•2.5mi
5/10
Virgil Middle School
Public,•6-8•0.5mi
3/10
John H. Liechty Middle School
Public,•6-8•1.4mi
3/10
Sal Castro Middle School
Public,•6-8•1.4mi
3/10
Berendo Middle School
Public,•6-8•1.6mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.7mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.1mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.1mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.1mi
3/10
Belmont Senior High School
Public,•9-12•1.4mi
8/10
John Marshall Senior High School
Public,•9-12•2.5mi
Price History
Date
Event
Price
05/31/24
Sold
$525,000
Condition Rating
Poor
Built in 1912, this property is explicitly marketed as a 'Total Fixer' and 'Diamond in the rough,' requiring 'Extensive Renovation' and 'Rehab.' The listing states 'cash or hardmoney' only, indicating it will not qualify for conventional financing due to its condition. The exterior image shows significant deferred maintenance, including worn siding, an aged roof, and an unkempt yard. The 3-bed, 1-bath configuration for a home of this age and size suggests severely outdated systems and layout. All major components, including kitchen, bathroom, electrical, plumbing, and HVAC, are highly likely to require substantial repair or complete replacement to meet modern safety and living standards.
Pros & Cons
Pros
Prime Central Los Angeles Location: Situated in a 'wonderful area' in the 'heart of Los Angeles' within the desirable C21 - Silver Lake - Echo Park MLS area, offering excellent access to urban amenities and potential for appreciation.
High Investment/Flip Potential: Explicitly marketed as an 'Investor's Special' and 'Diamond in the rough,' this property is 'ready to be flipped' and 'ready for rehab,' appealing directly to developers and experienced renovators.
Generous Lot and Home Size: With a substantial 4800 sqft lot and a 2132 sqft home, the property offers ample space for renovation, potential expansion, or comfortable living post-rehabilitation, which is valuable in urban LA.
Valuable Alley Access: The presence of alley access provides practical benefits for construction logistics, potential for additional parking, or future development opportunities like an Accessory Dwelling Unit (ADU).
Proximity to Highly-Rated Schools: The property is located near several well-regarded public schools, including Hoover Street Elementary (rating 8) and John Marshall Senior High School (rating 8), enhancing its appeal to families.
Cons
Requires Extensive Renovation: Described as a 'Total Fixer' and 'Diamond in the rough,' the property demands significant capital investment, time, and expertise for a complete rehabilitation.
Limited Financing Options: The listing explicitly states 'cash or hardmoney' only, which severely restricts the potential buyer pool and excludes those relying on conventional mortgage financing.
Outdated Systems and Layout: Built in 1912 with only 1 bathroom for 3 bedrooms, the property likely features outdated infrastructure, systems, and a floor plan that will require comprehensive modernization to meet contemporary standards.