124 W Avenue 30, Los Angeles, California 90031, Los Angeles, 90031 - 3 bed, 2 bath
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124 W Avenue 30
Los Angeles, California 90031
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,210Sq Ft
5,352Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$605,789
SUMMARY
This 1911 Craftsman represents a High-Potential Investment Opportunity, listed at $599,000—positioned well below the $605,789 Fair Market Value by 1%. This valuation gap offers $6,789 in Instant Equity. With a Condition Rating of 5, the property requires a comprehensive rehab to address structural and system deficiencies. The flexible floor plan, including a bonus space with a second kitchen, provides significant value-add potential. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project in a high-demand NELA pocket.
Estimated Market Value
$605,789
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 |
|---|---|---|---|---|---|---|
★ 124 W Avenue 30 Subject | $599,000* List Price | 3 | 2 | 1,210 | $501 | - |
A 2136 Alta Street Sold | $700,000 | 3 | 2 | 1,258 | $556 | 1.0 mi |
B 3713 Roberta Street Sold | $625,000 | 3 | 2 | 1,447 | $432 | 1.0 mi |
C 2126 Daly Active | $519,900 List Price | 2 | 1 | 1,124 | $463 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1911 with no evidence of recent renovations. The kitchen and bathrooms feature original, deteriorating fixtures, including a visible hole in the kitchen flooring. Interior walls show significant peeling paint and plaster damage, and the heating system consists of an outdated wall unit. The property requires a comprehensive rehab to address structural and system deficiencies.
PROSSTRENGTHS & OPPORTUNITIES
- Original Craftsman Character
Built in 1911, this home preserves its historic integrity with original hardwood floors, window frames, and a rare built-in dining room buffet that appeals to vintage architecture enthusiasts.
- Flexible Living Potential
The inclusion of a bonus space with an additional kitchen offers versatile options for a guest suite, home office, or potential rental income to offset the mortgage.
- Prime NELA Location
Situated in a walkable pocket of Lincoln Heights, the property provides excellent proximity to the Metro, DTLA, and trendy local favorites like Moo's Craft Barbecue.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1210, other record living area = 1108.
- Significant Renovation Required
The property explicitly needs updates throughout, meaning buyers must budget for modernization and potential repairs to bring the home up to contemporary standards.
- Underperforming School District
The local public schools carry relatively low ratings, with some as low as 2 out of 10, which may be a deterrent for families prioritizing educational quality.
About 124 W Avenue 30
Lincoln Heights 1911 Craftsman Cutie with Original Charm + Peekaboo Views. Original details are everywhere: window frames, the front door, hardwood floors throughout, and a gorgeous built-in in the dining room that you just don't find anymore. The kitchen is a sunshiny yellow with its original sink and tile intact. Three bedrooms, two bathrooms, plus a bonus space with an additional kitchen for whatever your life needs it to be. Out back you've got a large two car garage and a 5,300 square foot yard, plus peekaboo views of Griffith Observatory and the Hollywood sign to remind you how close you really are to it all. Yes, it needs updates, but the bones are all there to make magic happen. This pocket of Lincoln Heights, just off Pasadena Ave, is walkable to the Metro and minutes to DTLA, Pasadena, Highland Park and Mount Washington. Local favorites like Moo's Craft Barbecue, Mazel, Zizou, and Terra Mia are right nearby, along with all the energy, culture, and creativity that define NELA living. A true Craftsman gem in one of L.A.'s most exciting up and coming pockets.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1911
- Lot Size
- 5,352 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hillside Elementary School
Grades K-5 • 0.4 mi
2/10
Loreto Street Elementary School
Grades K-5 • 0.4 mi
4/10
Gates Street Elementary School
Grades K-5 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,210 | 1,664.159 |
| Lot Size | 5,352 | 6,066.556 |
| Price | $599.0K | $1.35M |
| Price per sq ft | $495 | $806 |
| Built year | 1911 | 1939 |
| HOA | $0 | $278 |
| Days on market | 13 | 55 |
Pricing History
Listed for Sale
Aug 27, 2026
$599,000
Initial Listing