1144 E 68th, Los Angeles, California 90001, Los Angeles, 90001 - 2 bed, 1 bath
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Los Angeles, California 90001
This Value-Add Residential Asset is listed at $575,000, reflecting a strategic entry point near the $535,468 Fair Market Value. Despite its Poor Condition Rating, the property represents a High-Potential Investment Opportunity due to its significant development upside. The expansive 5,243 sqft lot and patio area offer the ideal footprint for a high-yield ADU addition within the Los Angeles Unified district. By modernizing this 1907 structure, buyers can capture substantial forced appreciation in a high-demand market. This is an optimal acquisition for Fix-and-Flip Investors or Contractors focused on equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1144 E 68th Subject | $575,000* List Price | 2 | 1 | 1,019 | $506 | - |
A 1309 E.68th St Sold | $510,000 | 2 | 1 | 942 | $541 | 0.2 mi |
B 1524 E 75th Sold | $640,000 | 3 | 1 | 924 | $693 | 0.6 mi |
C 906 E 75th Street Sold | $590,000 | 2 | 1 | 1,044 | $565 | 0.5 mi |
D 1734 E 63rd Street Pending | $549,900 List Price | 2 | 1 | 884 | $622 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1907, this property requires substantial repairs and rehabilitation. The description explicitly states it needs extensive renovation to 'update to modern finishes,' targeting investors and flippers. Images reveal a severely outdated and neglected bathroom with a stained tub and old tiles, and a kitchen area that appears stripped down with old flooring and no functional appliances or cabinets. The overall condition, including dirty carpets and general disrepair, indicates significant deferred maintenance and outdated systems, aligning with the 'poor' criteria.
The property offers ample space to add an Accessory Dwelling Unit (ADU), providing significant income potential or expanded living space, a highly desirable feature in the Los Angeles market.
Set on a 5,243 sqft lot, the property provides substantial outdoor space for landscaping, expansion, or the addition of an ADU, offering flexibility and future value.
Explicitly marketed for investors, flippers, or first-time buyers, this property presents a prime opportunity to 'reimagine the space' and 'update to modern finishes,' promising significant equity growth through renovation.
The description clearly indicates the need for significant updates and modernization, requiring a substantial financial and time investment from the buyer to bring it to modern standards.
As a 1907 build, the property is likely to have outdated electrical, plumbing, and potentially structural systems, which could lead to costly repairs and upgrades.
With only one bathroom for a two-bedroom home, the property's functionality is limited, which may deter families or buyers seeking more modern conveniences and impact resale appeal.
Bring your vision and creativity to this charming 2-bedroom, 1-bath home in Los Angeles. This is the perfect opportunity for investors, flippers, or first-time buyers ready to roll up their sleeves and make a home truly their own. Set on a generous lot, the property offers untapped potential to reimagine the space, update to modern finishes. Don't miss out on this great opportunity! Plenty room to add ADU!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,019 | 1,047 | 47% |
| Lot Size | 5,243 | 5,100.5 | 63% |
| Price | $575.0K | $582.5K | 50% |
| Price per sq ft | $564 | $555 | 53% |
| Built year | 1907 | 1926 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 176 | 164 | 56% |
Nov 26, 2025
$575,000
$600,000
-4% Price Drop
Initial Listing
Oct 28, 2025
$600,000
Initial Listing