10930 Croesus Ave, Los Angeles, California 90059, Los Angeles, 90059 - 3 bed, 1 bath
Loading property details...
10930 Croesus Ave
Los Angeles, California 90059
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
1Baths
1,002Sq Ft
4,838Lot Size
Property Price
LIST PRICE$500,000
EST. MARKET VALUE
$491,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned well below the $491,001 Fair Market Value by -1.8%. While the home carries a Condition Rating of 5, the large lot size and detached two-car garage provide significant upside through ADU development. The functional layout offers a foundation for value-add renovations to improve the 3-bedroom, 1-bath configuration. Located within the Los Angeles Unified School District, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with long-term rental potential.
Estimated Market Value
$491,000
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10930 Croesus Ave Subject | $500,000* List Price | 3 | 1 | 1,002 | $490 | - |
A 2214 E 111th Sold | $415,500 | 3 | 1 | 912 | $456 | 0.2 mi |
B 2459 E 111th Street Sold | $560,000 | 3 | 2 | 1,080 | $519 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1944 (80 years old) with no evidence of recent renovations; the description specifically calls for 'TLC' and targets 'Savvy Investors,' indicating the kitchen, bath, and systems likely require a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential
The detached two-car garage and long driveway provide an excellent opportunity for an Accessory Dwelling Unit (ADU) conversion, offering significant potential for future rental income.
- Competitive Entry-Level Pricing
Listed at $500,000, this property represents a highly accessible price point for the Los Angeles market, making it an ideal opportunity for first-time buyers or savvy investors.
- Generous Outdoor Space
The property features a large backyard and a spacious lot, offering ample room for family gatherings, gardening, pets, or future structural extensions.
CONSRISKS & DEFICIENCIES
- Required Renovations
The property is noted as needing 'TLC,' indicating that buyers should budget for immediate repairs and cosmetic updates to realize its full potential.
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's layout may be less convenient for growing families and could impact its overall market competitiveness.
About 10930 Croesus Ave
Incredible potential, with a little TLC. Welcome to 10930 Croesus Ave, Excellent opportunity in the Market, for First-time buyers or Savvy Investors. This 3 bedrooms and 1 bath home with Functional layout and ideal opportunity for a growing Family. Large back yard ideal for enjoying family gatherings, space for childrens, pets, gardening or futher extensions, very spacious lot, while the long driveway leads to a detached two-car garage, with excellent ADU potential for future rental income. An opportunity difficult to find due to its size of land and competitive price, whether you are searching for the perfect starter home or an Investment. Don't miss this opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1944
- Lot Size
- 4,838 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Grape Street Elementary School
Grades K-5 • 0.3 mi
3/10
Ritter Elementary School
Grades K-5 • 0.4 mi
5/10
Weigand Avenue Elementary School
Grades K-5 • 0.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,002 | 1,664.159 |
| Lot Size | 4,838 | 6,066.556 |
| Price | $500.0K | $1.35M |
| Price per sq ft | $499 | $806 |
| Built year | 1944 | 1939 |
| HOA | $0 | $278 |
| Days on market | 16 | 55 |
Pricing History
Listed for Sale
Aug 24, 2026
$500,000
Initial Listing
Sold
Jul 25, 2011
$160,000
Public Record