1128 E 126th Ave, Los Angeles, California 90059, Los Angeles, 90059 - 4 bed, 2 bath
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Los Angeles, California 90059
This Value-Add Residential Asset presents a strategic opportunity for those targeting the Los Angeles market. Listed at $494,900, the property is positioned relative to a $441,492 Fair Market Value, with the pricing reflecting the significant potential for forced appreciation through renovation. Boasting a Condition Rating of 5, this 1946-built home offers a desirable 4-bedroom, 2-bathroom configuration on a 5,310 sqft lot within the Los Angeles Unified district. Sold as-is with a tenant in place, this property is an ideal project for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1128 E 126th Ave Subject | $494,900* List Price | 4 | 2 | 1,274 | $347 | - |
A 11847 Alabama Street Sold | $577,000 | 3 | 2 | 1,467 | $393 | 0.6 mi |
B 941 E Imperial Highway Pending | $540,000 List Price | 2 | 1 | 1,190 | $454 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 (>75 years old) with no mention of recent renovations. The listing describes an 'as-is' sale with a tenant in place and unknown interior condition, explicitly marketed as a 'value-add' rehab project for investors, indicating significant deferred maintenance and dated systems.
Priced significantly below market value, this property offers a substantial value-add opportunity for investors to build equity through strategic renovations and repositioning.
Conveniently situated near major freeways, shopping, and dining, the property is well-positioned for long-term appreciation in a desirable Los Angeles neighborhood.
Featuring a 4-bedroom, 2-bathroom layout on a generous 5,310 sqft lot, the home provides a versatile floor plan that appeals to both large families and the rental market.
The property was recently sold within the past year on 2026-04-01. The sold price is $250,000.00.
The property is being sold with a tenant in place, which may limit immediate access for renovations and complicate traditional financing or owner-occupancy plans.
Sold in 'as-is, where-is' condition with no prior seller inspections, the property likely requires significant repairs and carries the risk of unknown structural or system issues.
Opportunity knocks in a prime Los Angeles location! This 4-bedroom, 2-bath home offers incredible potential for the right buyer looking to add value and maximize returns. Situated in a desirable area close to shopping, dining, and major freeways, this property is perfectly positioned for long-term upside. The home is being sold with tenant in place, as-is, where-is, making it an ideal opportunity for a savvy investor seeking their next project. Seller has never occupied or inspected the property and is unaware of its current condition, presenting a true value-add opportunity for those ready to bring their vision to life. Priced well below market value to reflect tenant occupancy and current conditions, this property offers significant upside potential for investors looking to capitalize on equity growth and future improvements. With the right upgrades and strategic vision, this home could become a highly profitable asset. Whether you're looking to renovate, reposition, or expand your portfolio, opportunities like this in Los Angeles are hard to find. Bring your imagination and unlock the possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,274 | 1,106 | 56% |
| Lot Size | 5,310 | 5,144.5 | 52% |
| Price | $494.9K | $640.0K | 12% |
| Price per sq ft | $388 | $540 | 12% |
| Built year | 1946 | 1945 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 154 | 2% |
Apr 28, 2026
$494,900
Initial Listing
Apr 1, 2026
$250,000
Public Record