10955 S Spring Street, Los Angeles, California 90061, Los Angeles, 90061 - 5 bed, 4 bath
ACTIVE UNDER CONTRACT$325,000
10955 S Spring Street, Los Angeles, California 90061
5Beds
4Baths
2,753Sqft
1,995Lot
Year Built
1930
Close
-
List price
$325K
Original List price
$375K
Price/Sqft
$118
HOA
-
Days on market
-
Sold On
-
MLS number
25487985
Home ConditionPoor
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $325.0K(9th), sqft - 2753(96th), beds - 5(91th), baths - 4(96th).
Attention contractors, developers, and flippers: Architects have determined the best use for this small lot is a three-bedroom, two-bath main house (1690 sq. ft.) and a two-bedroom, two-bath ADU (1063 sq. ft.). Plans are RTI. Neighbors will appreciate the transformation. The area is minutes from freeways, the airport, Sofi Stadium, and Hollywood Park Casino and Entertainment Complex. ** Fire damage with approved plans for Rebuild and ADU. Please see link to approved plans**
Price History
Date
Event
Price
05/16/25
Sold
$325,000
04/25/24
Sold
$135,000
Condition Rating
Poor
The property, built in 1930, has fire damage and requires a complete rebuild. While there are approved plans for a rebuild and ADU, the current condition is uninhabitable and requires substantial repairs. The images confirm the fire damage and the need for extensive work.
Pros & Cons
Pros
Development Opportunity: Approved plans for a rebuild and ADU offer significant potential for increased property value and rental income.
Strategic Location: Proximity to freeways, the airport, SoFi Stadium, and Hollywood Park Casino and Entertainment Complex enhances accessibility and desirability.
Ready-to-Issue Plans: Architect-approved, ready-to-issue (RTI) plans streamline the development process, saving time and resources.
Cons
Fire Damage: The property has sustained fire damage, requiring significant reconstruction efforts.
Active Under Contract: The property is currently under contract, which may limit immediate purchase opportunities.