11720 S San Pedro, Los Angeles, California 90061, Los Angeles, 90061 - 2 bed, 1 bath
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11720 S San Pedro
Los Angeles, California 90061
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
872Sq Ft
4,026Lot Size
Property Price
LIST PRICE$480,000
EST. MARKET VALUE
$405,419
18% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $480,000—positioned well above the $405,419 Fair Market Value by -18%. Featuring LAR3 Zoning and a combined 8,000+ s.f. lot potential with the adjacent parcel, this asset is a prime candidate for multi-family redevelopment. With a Condition Rating of 6, the structure requires a full-scale renovation. This probate sale is a strategic acquisition for Buy-and-Hold Investors or Developers focused on high-density residential conversion in Los Angeles.
Estimated Market Value
$405,419
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11720 S San Pedro Subject | $480,000* List Price | 2 | 1 | 872 | $465 | - |
A 11867 S Broadway Sold | $400,000 | 2 | 1 | 684 | $585 | 0.5 mi |
B 123 E 108th Street Sold | $520,000 | 3 | 2 | 878 | $592 | 0.8 mi |
C 13113 Avalon Boulevard Sold | $350,000 | 2 | 1 | 683 | $512 | 1.0 mi |
D 315 W 120th Street Sold | $450,000 | 3 | 1 | 956 | $471 | 0.6 mi |
E 329 E 109th Sold | $500,000 | 3 | 2 | 1,142 | $438 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Property is over 100 years old (built 1923) with no evidence of renovations. The listing explicitly identifies it as a 'probate fixer' requiring 'cash offers only' and 'complete & full remodeling,' while emphasizing the LAR3 zoning and land value for multi-family conversion.
PROSSTRENGTHS & OPPORTUNITIES
- High-Density Development Potential
The property features LAR3 zoning, offering a significant opportunity for investors to redevelop the site into a multi-family residential complex.
- Strategic Assemblage Opportunity
The adjacent property is also available for sale, providing a rare chance to acquire over 8,000 square feet of contiguous land for a larger-scale development project.
- Substantial Equity Upside
As a probate fixer priced for its current state, this property offers significant value-add potential for investors through a complete renovation or total redevelopment.
CONSRISKS & DEFICIENCIES
- Restricted Financing and Process
The requirement for cash-only offers and court confirmation limits the buyer pool and introduces additional legal complexity and time to the closing process.
- Extensive Renovation Requirements
The property is sold in 'as-is' condition and requires a full remodel, necessitating a large capital expenditure to address its 1923-built deferred maintenance.
About 11720 S San Pedro
PROBATE FIXER REQUIRING COURT-CONFIRMATION! CASH OFFERS ONLY This is a jewel for INVESTORS! This property is being sold in it's "as is and present condition", without the seller doing any repairs, replacements or upgrading of any aspects of the property. This property has very good potential for converting to a multi-family, due to the LAR3 zoning. This house shares a driveway the the neighboring house to the immediate north, which, is also a part of this estate and will also be sold, after, removing the present tenant! The address for the 2nd property within the estate is 11714 S. San Pedro St., this property also requires complete & full remodeling and also has a LAR3 zoning! The lot size of the two combined parcels is over 8000s.f..
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 4,026 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 872 | 1,664.159 |
| Lot Size | 4,026 | 6,066.556 |
| Price | $480.0K | $1.35M |
| Price per sq ft | $550 | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 32 | 55 |
Pricing History
Listed for Sale
Aug 8, 2026
$480,000
Initial Listing