
Los Angeles, California 90029
This Value-Add Single-Family Residence is a High-Potential Investment Opportunity listed at $990,000, aligning precisely with its $990,000 Fair Market Value. While currently holding a Condition Rating of 4, the property offers significant forced appreciation potential through the modernization of its 1919 character details and the development of a generous 6,038-square-foot lot with ADU potential. Featuring rare dual single garages and proximity to the top-rated John Marshall Senior High School, this asset provides a stable entry into East Hollywood. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants ready to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1184 N Kenmore Subject | $990,000* List Price | 3 | 2 | 1,298 | $763 | - |
A 1175 N Commonwealth Avenue Sold | $945,000 | 3 | 2 | 1,236 | $765 | 0.6 mi |
B 1139 N Heliotrope Drive Active | $999,000 List Price | 3 | 2 | 1,431 | $698 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1919, this property is positioned as a 'value-add' fixer-upper with original features like hardwood floors and built-in cabinetry that are likely outdated. The exterior shows signs of deferred maintenance, including a worn roof, cracked concrete, and unkempt landscaping. While the listing describes 'solid bones' and a functional layout, the significant price reductions and the call for 'TLC' indicate that the kitchen, bathrooms, and major systems require modernization to meet current quality standards.
The generous 6,038 sqft lot and existing layout provide significant opportunities for expansion or the addition of an ADU, offering excellent upside for investors in a high-demand area.
Built in 1919, the home features sought-after vintage elements like original hardwood floors and built-in cabinetry, providing a solid and charming foundation for a modern restoration.
Rare for East Hollywood, the property includes two single garages and a long driveway that accommodates multiple vehicles, a major selling point in a dense residential neighborhood.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is positioned as a 'fixer' requiring TLC and cosmetic updates, meaning buyers must budget for significant renovation costs immediately after purchase.
Substantial price reductions from the original $1.3M listing to $990k may signal previous overvaluation or buyer hesitation regarding the property's current condition.
Great opportunity for investors or buyers open to adding their personal touch in East Hollywood, located on a quiet residential street. This 3-bedroom, 2-bath home offers solid bones, original hardwood floors, and a functional layout with excellent upside. Features include security doors, ceiling fans throughout, a spacious tiled dining room with built-in cabinetry, and a kitchen with ample storage leading to a separate laundry room. The stone-tiled garden room provides flexible bonus space and opens to a generous side and backyard ideal for creative improvements, expansion, or potential ADU opportunities (buyer to verify). The property sits on a desirable lot with two single garages and a long driveway accommodating multiple vehicles. Perfect for buyers seeking a value-add project, cosmetic updates, or a light renovation to build equity. An excellent option for investors, flippers, or owner-occupants ready to apply some TLC and unlock the home’s full potential. Buyer to verify square footage, permits and zoning
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-2 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,298 | 1,434 | 29% |
| Lot Size | 6,038 | 6,038 | 50% |
| Price | $990.0K | $1.03M | 35% |
| Price per sq ft | $763 | $716 | 65% |
| Built year | 1919 | 1918 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 112 | 131 | 41% |
Mar 22, 2026
$990,000
$1,185,000
-16% Price Drop
Initial Listing
Feb 3, 2026
$1,185,000
$1,300,000
-9% Price Drop
Initial Listing
Dec 31, 2025
$1,300,000
Initial Listing