
Los Angeles, California 90044
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $445,900—positioned well below the $495,463 Fair Market Value by 10%. This valuation gap provides $49,563 in Instant Equity for buyers. Featuring a Condition Rating of 5, the 1927 structure requires significant rehabilitation but offers immense upside via a 5,947 sqft lot with ADU potential and proximity to SoFi Stadium. This strategic acquisition is ideal for Fix-and-Flip Investors or Contractors looking to capitalize on the high-growth Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1324 W 101st Subject | $445,900* List Price | 3 | 2 | 1,208 | $410 | - |
A 1111 W 98th Street Sold | $385,000 | 2 | 1 | 908 | $424 | 0.3 mi |
B 540 W 93rd Pending | $540,000 List Price | 3 | 1 | 1,250 | $432 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1927, this property shows significant deferred maintenance and requires substantial rehabilitation. The kitchen features visible water damage on the ceiling, missing cabinet drawers, and outdated appliances. The bathroom is severely dated with a poorly installed vanity, and there are visible cracks in the plaster walls and worn carpeting throughout the home. The listing itself identifies the property as a 'value-add' opportunity requiring repositioning.
Strategically located minutes from major entertainment landmarks including SoFi Stadium, Hollywood Park, and the YouTube Theater, ensuring high demand and long-term appreciation potential.
The property features a generous 5,947 sqft lot with a detached garage, offering a significant opportunity for an ADU conversion to generate rental income or expand living space.
Priced competitively for the Los Angeles market, this home provides a functional 3-bedroom layout that allows investors or buyers to build substantial equity through strategic renovations.
Built in 1927 and marketed as a value-add opportunity, the property likely requires significant capital expenditure to modernize aging systems and interior finishes.
Due to the home's age, buyers may encounter challenges typical of older structures, such as outdated electrical, plumbing, or foundation elements that may not meet current building codes.
Strategically positioned in a central Los Angeles location, this property presents a compelling opportunity to create value. Featuring a functional layout on a generous lot, plus a detached garage with ADU potential (buyer to verify), offering flexibility for expansion or enhanced living. Ideally located minutes from SoFi Stadium, Hollywood Park, and YouTube Theater, with convenient access to major freeways, shopping, and dining. Surrounded by established homes and ongoing area growth, this is a prime opportunity for buyers looking to reposition and capitalize on long-term appreciation.
No exterior & parking available.
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 | 1,208 | 1,335.5 | 33% |
| Lot Size | 5,947 | 5,278.5 | 61% |
| Price | $445.9K | $660.0K | 4% |
| Price per sq ft | $369 | $511 | 10% |
| Built year | 1927 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 181 | 1% |
Apr 12, 2026
$445,900
Initial Listing
Aug 2, 2017
$390,000
Public Record