12929 S Central, Los Angeles, California 90059, Los Angeles, 90059 - 4 bed, 2 bath
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Los Angeles, California 90059
This Value-Add Single-Family Residence is a strategic acquisition listed at $600,000, following a significant price reduction from its original $735,000. While currently priced above its $552,878 Fair Market Value, the property offers immense forced appreciation potential for buyers navigating this Probate Sale. The expansive 1,899 sqft interior and 6,530 sqft lot provide a substantial canvas for renovation within the Compton Unified School District. With a Poor Condition Rating, the home requires significant TLC to modernize its 1951 systems. This project is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12929 S Central Subject | $600,000* List Price | 4 | 2 | 1,899 | $291 | - |
A 12029 Belhaven Street Sold | $690,000 | 4 | 2 | 1,763 | $391 | 0.6 mi |
B 13118 Stanford Sold | $670,000 | 3 | 2 | 1,722 | $389 | 0.4 mi |
C 1128 E 126th Ave Active | $494,900 List Price | 4 | 2 | 1,274 | $388 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951, this property is explicitly described as needing 'a little TLC' and having 'immense potential,' indicating substantial repairs and rehabilitation are required. The exterior images show dated features, an older roof, and overgrown landscaping, consistent with a property that has not undergone major renovations in decades. While no interior images are provided, the age and description strongly suggest the kitchen and bathrooms are original or very outdated, requiring complete overhauls to meet current standards. This aligns with the 'Poor' condition criteria, where major components show significant signs of age and require extensive updates.
Situated in Los Angeles, California, a highly sought-after metropolitan area with strong market demand.
A 4-bedroom, 2-bathroom home spanning 1899 sqft, featuring an open-plan living room, dining area, and a spacious kitchen, ideal for family living.
Boasts a substantial 6530 sqft lot with a spacious backyard, providing ample outdoor space for recreation or potential expansion.
Built in 1951 and described as needing 'a little TLC,' indicating that significant updates and repairs are likely necessary.
As a probate sale, the transaction process may be more protracted and complex, potentially involving court approvals and delays.
The property lacks any notable views, which could be a disadvantage in a market where scenic outlooks often command a premium.
Probate sale. 4 bedroom 2 bath home. Great potential with a little TLC. Open plan expansive Living Room with Dining and spacious kitchen Home has immense potential . Spacious back yard
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,899 | 1,106 | 92% |
| Lot Size | 6,530 | 5,144.5 | 84% |
| Price | $600.0K | $640.0K | 36% |
| Price per sq ft | $316 | $540 | 6% |
| Built year | 1951 | 1945 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 119 | 154 | 38% |
Apr 30, 2026
$600,000
$735,000
-18% Price Drop
Initial Listing
Jan 3, 2026
$735,000
Initial Listing