13028 S Main Street, Los Angeles, California 90061, Los Angeles, 90061 - 2 bed, 1 bath
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Los Angeles, California 90061
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $325,000, aligning closely with its $319,654 Fair Market Value. Marketed as a major rehab project, the property holds a Condition Rating of 5, requiring a full-scale renovation to modernize its 614-square-foot layout and 2,950-square-foot lot. Located within the Los Angeles Unified district, this detached home offers a rare entry-level price point for the Los Angeles market. This project is a prime acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on forced equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13028 S Main Street Subject | $325,000* List Price | 2 | 1 | 614 | $529 | - |
A 11867 S Broadway Sold | $400,000 | 2 | 1 | 684 | $585 | 0.8 mi |
B 13113 Avalon Boulevard Active Under Contract | $335,000 List Price | 2 | 1 | 683 | $490 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (78 years old) with no recorded renovations, the property is explicitly described as requiring significant renovation and improvement. It is marketed as an investor opportunity for a major rehab, indicating likely outdated systems and structural needs.
Priced at $325,000, this property offers a rare entry-level price point for a detached single-family home in the Los Angeles market, making it highly accessible for investors.
Marketed specifically as a valuable opportunity for renovation, the property provides significant upside potential for a fix-and-flip strategy or a value-add rental project.
As a single-family residence on its own lot, the property offers more autonomy, privacy, and long-term land value compared to multi-unit or attached housing options.
The property requires extensive improvements and repairs, which will necessitate substantial additional capital and may limit financing options to cash or hard money loans.
With only 614 square feet of living area and a small 2,950 square foot lot, the property's compact size may limit its appeal to larger families or those seeking more spacious accommodations.
INVESTORS!! DO NOT MISS OUT ON THIS VALUABLE OPPORTUNITY. THE PROPERTY REQUIRES SIGNIFICANT RENOVATION AND IMPROVEMENT.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 614 | 1,124.5 | 7% |
| Lot Size | 2,950 | 5,615.5 | 20% |
| Price | $325.0K | $608.0K | 3% |
| Price per sq ft | $529 | $543 | 50% |
| Built year | 1947 | 1948 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 288 | 195 | 93% |
Aug 22, 2025
$325,000
Initial Listing