
Los Angeles, California 90059
This property presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned well below the $437,874 Fair Market Value by -14%. Built in 1928, the home carries a Condition Rating of 6, indicating significant deferred maintenance that necessitates a total rehab. The 4,258 sqft lot provides substantial development potential for expansion or ADU construction. Located near Compton Early College High (9/10), this asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in Los Angeles.
Property is land value only, full reconstruction required.
Built in 1928 (96 years old) with no evidence of significant renovation. The exterior shows major deferred maintenance including peeling paint and a worn, mismatched roof. Based on the age exceeding 50 years and the visible condition, the property likely requires a total rehab or holds value primarily in the land.
High School: Compton Early College High (9/10).
Priced at $500,000, this property represents a highly accessible entry point into the Los Angeles single-family housing market, ideal for first-time buyers or investors.
The generous 4,258 sqft lot offers significant room for expansion or the addition of an Accessory Dwelling Unit (ADU), providing an opportunity to increase the property's value and utility.
At just 620 square feet, the interior footprint is exceptionally small for a two-bedroom home, which may present challenges for modern furniture layouts and storage.
Built in 1928, the property likely requires updates to major systems such as plumbing and electrical to meet current standards, potentially necessitating additional upfront capital.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 620 | 1,672 |
| Lot Size | 4,258 | 6,067 |
| Price | $500.0K | $1.37M |
| Price per sq ft | $806 | $801 |
| Built year | 1928 | 1939 |
| HOA | $0 | $348 |
| Days on market | 14 | 56 |
Jul 8, 2026
$500,000
Initial Listing
Oct 27, 2005
$290,000
Public Record
Nov 10, 2003
$165,000
Public Record
Dec 21, 2000
$53,000
Public Record
Jan 4, 1999
$109,000
Public Record
Oct 9, 1998
$46,000
Public Record