1319 Douglas, Los Angeles, California 90026, Los Angeles, 90026 - 0 bed, 0 bath
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Los Angeles, California 90026
This Mixed-Use Development Asset is listed at $1,550,000, positioned as a strategic land-value play within the vibrant Silver Lake - Echo Park corridor. Although the list price sits above the $1,441,151 Fair Market Value, the property offers immense potential via its 7,293 sqft lot and flexible Mixed-Use Zoning. Currently holding a Poor Condition Rating, the "As-Is" sale emphasizes the site's significant upside for new construction or expansion near Dodger Stadium and John Marshall Senior High. This is a prime acquisition for Real Estate Developers or Value-Add Investors seeking high-density urban projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1319 Douglas Subject | $1,550,000* List Price | 0 | 0 | 2,646 | $545 | - |
A 1727 Bellevue Avenue Active | $1,499,888 List Price | 0 | 0 | 3,343 | $449 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this property is nearly a century old. While the description mentions 'WELL MAINTENANCE PROPERTY WITH PRIDE OF OWNERSHIP,' the critical 'SOLD "AS IS". NO CREDIT OR WARRANTY' and 'GREAT FOR EXPANSION OR NEW DEVELOPMENT' clauses strongly indicate that the existing structure, particularly its interior systems (kitchen, bathrooms, electrical, plumbing, HVAC), is in need of substantial repairs and rehabilitation. The absence of interior photos further supports the assumption that these areas are significantly outdated and not a selling point. The property's value is likely tied more to its prime location and development potential than the current condition of the building, aligning with the 'Poor' category's criteria for extensive system replacements and potential discomfort in its current state.
Strategically located minutes from Downtown LA, Staples Center, and within walking distance to Dodger Stadium and local amenities, offering high convenience and desirability.
The property's 'Mixed Use' sub-type provides significant flexibility for various commercial and residential applications, enhancing its investment and development potential.
With a substantial lot size of 7,293 sqft and mixed-use zoning, the property is explicitly noted as 'GREAT FOR EXPANSION OR NEW DEVELOPMENT'.
The property is sold 'AS IS' with 'NO CREDIT OR WARRANTY', indicating that the buyer will be responsible for all necessary repairs, upgrades, and potential hidden issues.
Built in 1930, the property is over 90 years old, which typically implies a need for significant updates to plumbing, electrical, HVAC, and other systems, especially under an 'as-is' sale.
The listing explicitly states 'BUYER/S AND THEIR AGENT TO INVESTIGATE AT THEIR OWN DUE DILIGENCE WITH THE CITY OF LA', suggesting potential complexities with city regulations or property conditions that require thorough investigation.
LOCATION!LOCATION!LOCATION! FIRST TIME ON THE MARKET FOR OVER FOUR DECADES. A WELL MAINTENANCE PROPERTY WITH PRIDE OF OWNERSHIP. THIS PROPETY IS MINUTES FROM DOWNTOWN LA, STAPLES CENTER, WALKING DISTANT TO DODGERS STADIUM AND LOCAL AMENITES. GREAT FOR EXPANSION OR NEW DEVELOPMENT...PROPERTY IS SOLD "AS IS". NO CREDIT OR WARRANTY. BUYER/S AND THEIR AGENT TO INVESTIGATE AT THEIR OWN DUE DILIGENCE WITH THE CITY OF LA. SELLERS SELECTED TO HAVE 1031 EXCHANGE AT NO COST TO BUYER/S.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 1.0 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,646 | 5,323 | 50% |
| Lot Size | 7,293 | 6,493.5 | 50% |
| Price | $1.55M | $2.33M | 50% |
| Price per sq ft | $586 | $487 | 50% |
| Built year | 1930 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 158 | 217 | 50% |
Nov 15, 2025
$1,550,000
Initial Listing