
Los Angeles, California 90007
This property presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well below the $801,552 Fair Market Value by 0.19%. This asset offers $1,552 in Instant Equity. With a Condition Rating of 5, the property requires a full rehab, yet the 5,500 sqft lot and University Park location provide significant upside for ADU development or a duplex conversion. This is a value-add acquisition ideal for Fix-and-Flip Investors or Developers seeking to maximize rental income near USC.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1125 W 22nd Street Subject | $800,000* List Price | 3 | 2 | 1,872 | $428 | - |
A 2920 Van Buren Active | $799,000 List Price | 4 | 2 | 1,824 | $438 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1905 and marketed as an 'investor delight' for renovation, the property shows significant age with dated interiors, popcorn ceilings, and unpermitted bathroom additions. The listing's focus on development and ADU potential, combined with the lack of recent system updates, indicates a need for a full rehab.
The property offers significant upside for investors and developers with the potential to explore a duplex configuration or the addition of an ADU on the 5,500 sqft lot.
Situated in the University Park neighborhood near USC and Downtown LA, this location is ideal for high-demand student housing or urban professionals.
The large two-story floor plan includes a den that can serve as a fourth bedroom, providing versatility for large families or maximizing rental income.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5500, other record lot size in square feet = 5624.
One of the two full bathrooms was added without permits, which may complicate financing, appraisals, or require future remediation.
Built in 1905 and marketed as a renovation project, the property likely requires substantial capital investment to modernize systems and finishes.
Great Investors Delight! Builder, Developer or Owner-user, great opportunity to renovate and explore a duplex configuration, or investigate potential ADU. This is a Large two story house located in the University Park Neighborhood for a Large Family. This location is perfect for USC Students, room to entertain, private backyard fenced in and perfect for kids. This is a 3 bedroom, 2 baths including an added full bathroom without permits, den could be used as a fourth bedroom. Close to transportation. Submit All Offers!!!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,872 | 1,664.159 |
| Lot Size | 5,500 | 6,066.556 |
| Price | $800.0K | $1.35M |
| Price per sq ft | $427 | $806 |
| Built year | 1905 | 1939 |
| HOA | $0 | $278 |
| Days on market | 15 | 55 |
Aug 25, 2026
$800,000
Initial Listing
Oct 16, 2002
$280,000
Public Record