
Los Angeles, California 90057
This Historic Craftsman Fixer is a significant Value-Add Asset with a List Price of $995,000—positioned below the $1,009,914 Fair Market Value by 1%. This entry point provides $14,914 in Instant Equity for a property featuring a City Lights View and rare 1908 architectural integrity. With a Condition Rating of 5, the residence requires extensive rehabilitation of its 2,270 square foot interior. Located near Hoover Street Elementary and John Marshall Senior High, this project offers substantial forced appreciation potential for Restoration Enthusiasts or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 127 S Westlake Avenue Subject | $995,000* List Price | 3 | 2 | 2,270 | $445 | - |
A 819 S Park View Street Active | $1,059,000 List Price | 4 | 3 | 1,881 | $563 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1908 Craftsman is explicitly described as a 'true fixer' requiring significant renovation. Images reveal substantial deferred maintenance, including visible water damage on ceilings, peeling exterior paint, worn hardwood floors, and outdated wood paneling. While the original architectural woodwork remains a strength, the property requires a complete overhaul of major systems, kitchen, and bathrooms to meet modern safety and habitability standards.
Built in 1908, this residence retains exceptional architectural integrity with original Douglas fir trim, white oak floors, and handcrafted woodwork that are rare to find in such abundance.
Situated in a vibrant cultural hub near Downtown LA and Echo Park, the property offers excellent proximity to the 101 Freeway and a high concentration of trendy dining and local attractions.
With 2,270 square feet of living space, the home provides a generous footprint and a versatile canvas for a high-value restoration project compared to typical historic bungalows.
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 a 'true fixer' needing significant structural and cosmetic rehabilitation, which will require substantial additional capital and a long-term project timeline.
At a list price of nearly $1 million for a property in need of total restoration, the initial acquisition cost may challenge the profit margins for traditional investors or flippers.
Steeped in the timeless elegance of early 20th-century design, this 1908 Craftsman residence at 127 South Westlake Avenue is a rare expression of authentic architectural heritage ready to be restored to its former glory. From the moment you arrive, the home reveals its soul through rich, handcrafted details that honor an era when artistry and integrity defined every element of construction. Inside, an extraordinary abundance of original woodwork sets a warm and inviting tone--beautiful Douglas fir trim frames doorways and windows with depth and character, while white oak floors extend throughout, offering a glimpse of the home's enduring quality beneath its current condition. The craftsmanship is unmistakable: thick moldings, finely milled casings, and thoughtfully proportioned rooms that reflect the hallmark principles of the Craftsman movement--simplicity, natural materials, and enduring design. This is a true fixer, a property in need of significant renovation but one that presents a compelling opportunity for those with vision. With its original architectural bones intact, the home offers a rare canvas to restore, reimagine, and revive a piece of Los Angeles history. For investors, restoration enthusiasts, or buyers seeking to create something truly special, this is a chance to bring new life to a classic Craftsman and shape its next chapter. A project with purpose, character, and undeniable potential, this is where craftsmanship of the past meets the possibilities of the future. Located in a vibrant and culturally rich hub, the home is close to the 101 Freeway and Downtown LA, with many local restaurants and attractions such as Echo Park Lake, Unidad Park, Doubting Thomas, Crawfords Kitchen, HIFI Kitchen, Thunderbolt and many many more.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-1 • 0.2 mi
Grades K-5 • 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 | 2,270 | 1,860 | 67% |
| Lot Size | 6,247 | 5,519.5 | 50% |
| Price | $995.0K | $1.05M | 50% |
| Price per sq ft | $438 | $515 | 33% |
| Built year | 1908 | 1916 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 124 | 17% |
Mar 23, 2026
$995,000
Initial Listing