1150 S Augusta, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
Analysis of 1150 S Augusta, Los Angeles, California 90023 is currently available with a list price of $625,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1928 (98 years old) with no mention of recent renovations or system upgrades. The marketing focus on LCR4 zoning and 'potential for developers' strongly indicates that the structures have significant deferred maintenance and require a full rehab to be competitive.
The LCR4 zoning offers significant upside for investors or developers looking to maximize density and future value on a generous 5,241 square foot lot.
Featuring two separate 1-bedroom units with individual gas and electric meters, the property provides an immediate rental income opportunity or a mortgage-offsetting owner-user setup.
Situated on a quiet dead-end street just minutes from Downtown Los Angeles, the property offers a rare combination of residential privacy and excellent access to major freeways and transit.
Built in 1928, the property may require substantial capital investment to modernize aging systems and address potential deferred maintenance typical of a century-old structure.
With only 1,008 total square feet divided between two units, the individual living spaces are relatively compact, which may limit appeal for tenants seeking more spacious accommodations.
Great investment opportunity! This duplex property features two separate 1-bedroom, 1-bath units, each with its own gas and electric meter. Located on a quiet dead-end street with local traffic only offering added privacy. The standout feature is the desirable LCR4 zoning, presenting excellent potential for developers, investors, or owner-users looking to maximize future possibilities (buyer to verify permitted uses with the appropriate agencies). Prime location with convenient access to major freeways, shopping, dining, and public transportation. A few minutes away from Downtown Los Angeles. Easy to show by appointment. Don't miss this unique opportunity as properties with this zoning and potential are hard to find and may not last long.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 1,008 | 2,864 |
| Lot Size | 5,241 | 7,003 |
| Price | $625.0K | $1.58M |
| Price per sq ft | $620 | $319 |
| Built year | 1928 | 1929 |
| HOA | $0 | $907 |
| Days on market | 7 | 91 |
Jul 15, 2026
$625,000
Initial Listing