1226 Hooper Avenue, Los Angeles, California 90021, Los Angeles, 90021 - 1 bed, 1 bath
1226 Hooper Avenue
Los Angeles, California 90021
Property Price
SUMMARY
Analysis of 1226 Hooper Avenue, Los Angeles, California 90021 is currently available with a list price of $450,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1908, this property is over 100 years old with no evidence of significant recent renovations. The exterior images show a very aged structure consistent with its build year and suggest deferred maintenance. The listing description explicitly emphasizes the property's 'potential to build above it' and 'make it into a business building,' indicating that the value lies primarily in the land and its redevelopment opportunities rather than the existing structure. Without interior photos, it's inferred that the kitchen, bathroom, and other systems are original or severely outdated, requiring complete replacement or demolition to realize the property's highest and best use.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Downtown Location
Located in the heart of Los Angeles' produce and manufacturing district, just minutes from downtown, offering prime access to commercial hubs.
- Significant Development Potential
The property offers immense potential to build vertically, allowing for expansion into a business building or other creative ventures, as explicitly stated in the description.
- Mixed-Use Zoning Flexibility
Described as a 'mixed use property,' it provides versatility for various business applications and redevelopment opportunities.
CONSRISKS & DEFICIENCIES
- Limited Current Residential Appeal
With only 1 bed, 1 bath, and 924 sqft, its small size and location in a manufacturing district make it unsuitable for traditional residential buyers.
- Age and Condition
Built in 1908, the property is likely to require substantial renovation, modernization, or even demolition to realize its full development potential.
- Niche Buyer Pool
Its unique characteristics as a residential structure in a commercial zone with development potential narrow the target market to specialized investors and developers, rather than general homebuyers.
About 1226 Hooper Avenue
Downtown mixed use property located in the heart of Los Angeles produce and manufacturing district, only a few minutes from downtown Los Angeles. This property is one of the few single family homes left in this area with tons of potential to built above it (the sky is the limit) to make it into a business building or what ever your imagination can create. Big opportunity to use your business creativity and make money.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1908
- Lot Size
- 2,468 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Twentieth Street Elementary School
Grades K-5 • 0.5 mi
Ninth Street School
Grades K-5 • 0.7 mi
San Pedro Street Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1908 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Jul 2, 2025
$450,000
Initial Listing