
Los Angeles, California 90063
This 1904 Traditional represents a High-Potential Investment Opportunity, listed at a List Price of $800,000—positioned well below the $835,118 Fair Market Value by 4%. This valuation gap offers $35,118 in Instant Equity. With a Condition Rating of 5, the property requires a full-scale rehab, yet the 7,443 sq ft LCR2-zoned lot provides significant upside for ADU development. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project with panoramic city views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 122 N Eastman Avenue Subject 4 bd · 1 ba · 2,447 sqft · $341 | $800,000* List Price | 4 | 1 | 2,447 | $341 | - |
A 4236 Eugene Active 4 bd · 3 ba · 1,560 sqft · $394 · 0.6 mi | $615,000 List Price | 4 | 3 | 1,560 | $394 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1904, this 120-year-old property is explicitly marketed as a 'fixer opportunity' needing 'tender loving care.' The highly outdated 4-bedroom to 1-bathroom ratio and the call for 'restoration' indicate that the kitchen, bath, and major systems (HVAC/Electric) likely require a full-scale rehab to meet modern standards.
The expansive 7,443 sq ft lot zoned LCR2 offers significant flexibility for creative reuse, including the potential to add an ADU or increase the existing square footage.
Ideally located between Downtown LA and Monterey Park, the property provides exceptional access to the Metro Gold Line and the 60, 710, and 10 freeways.
This 1904 Traditional features a substantial 2,447 sq ft interior, providing a rare and spacious foundation for a high-value historic restoration project.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 8.
Marketed as a fixer-upper, the property requires significant capital investment to address deferred maintenance and modernize its century-old systems.
The current configuration of four bedrooms served by only one bathroom is inadequate for a home of this size, necessitating a costly layout reconfiguration.
Your Next Vision Starts Here! In the heart of historic East Los Angeles stands a 1904 Traditional that sheltered one Angeleno family for generations. Its story is far from over and it now awaits a new steward with the vision to write the next chapter. Sitting on a generous 7,443 sq ft lot zoned LCR2, the fixer opportunity offers flexibility for creative reuse, from restoring the existing 3-bedroom, 1-bathroom to reimagining the floor plan and incorporating additional square footage. And with ADU potential, you could add a guest space, studio, or private retreat. Fruit trees already thrive on site, and the yards provide a blank canvas for your landscaping dreams, whether that's a community garden or a hub of organic vegetables and herbs. The location does the heavy lifting. Positioned between Downtown Los Angeles and Monterey Park, the property connects the San Gabriel Valley to LA with ease. The Metro Gold Line and the 60, 710, and 10 freeways are close at hand. Popular Little Tokyo is moments away, and Cesar E. Chavez Blvd & First Street bring the flavors of the neighborhood to your doorstep, not to mention the convenience to the beloved Los Angeles institution King Taco & shopping destination, El Mercadito. Culture is woven into the fabric of the neighborhood's daily rhythm, from the lecture halls of East Los Angeles College and Cal State LA to the galleries of the Vincent Price Art Museum and the stage lights of Casa 0101 Theater. The home needs tender loving care, but the soul is unmistakably there. With over a century of history behind it, this is a rare chance to build something meaningful, for the neighborhood and for the generations to come in East Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 2,447 | 1,670.836 |
| Lot Size | 7,443 | 6,152.156 |
| Price | $800.0K | $1.34M |
| Price per sq ft | $327 | $807 |
| Built year | 1904 | 1941 |
| HOA | $0 | $238 |
| Days on market | 4 | 56 |
Nov 5, 2026
$800,000
Initial Listing