13516 Purche, Gardena, California 90249, Gardena, 90249 - 3 bed, 2 bath
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Gardena, California 90249
This property presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $704,348 Fair Market Value by -13%. While the property requires significant capital for a full rehab due to its Condition Rating of 5, the 1,702 square foot layout and paid-off solar system provide a solid foundation for value-add strategies. Located near Purche Avenue Elementary, this asset is strictly for cash or hard money buyers. It is an ideal acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13516 Purche Subject | $765,000* List Price | 3 | 2 | 1,702 | $407 | - |
A 13301 Arcturus Sold | $780,000 | 3 | 2 | 1,665 | $468 | 0.2 mi |
B 13504 S Wilkie Avenue Sold | $695,000 | 3 | 2 | 1,442 | $482 | 0.1 mi |
C 12911 Daphne Sold | $730,000 | 3 | 2 | 1,547 | $472 | 0.5 mi |
D 2920 W 132nd Place Sold | $750,000 | 3 | 2 | 1,390 | $540 | 0.3 mi |
E 13119 Purche Sold | $605,000 | 4 | 2 | 1,370 | $442 | 0.3 mi |
F 2903 W 140th Active Under Contract | $599,000 List Price | 3 | 2 | 1,282 | $467 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 and explicitly marketed as a fixer-upper that will not pass FHA/VA appraisals, requiring a cash or hard money purchase. While the roof is 10 years old and the electrical panel is updated to 200 AMPs, the kitchen and bathrooms are original and severely dated, and the interior finishes require a full rehab.
The property features a 200 AMP electrical panel, a relatively young 10-year-old roof, and a fully paid-off solar panel system with no liens, providing significant immediate value and future utility savings.
With 1,702 square feet of living space, the home includes a separate family room that offers the potential to be converted into a fourth bedroom, maximizing the property's utility and future resale value.
Situated in a desirable neighborhood, the home is conveniently located within walking distance to Purche Avenue Elementary and offers easy access to parks, retail centers, and major freeways.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property is a significant fixer-upper being sold in 'as-is' condition, requiring a substantial capital investment to address deferred maintenance and bring it to modern standards.
Due to its current condition, the home will not pass appraisals for conventional, FHA, or VA loans, limiting the buyer pool strictly to all-cash or hard money investors.
Fixer-upper in a nice neighborhood. Not a cosmetic fixer. 1,702 square feet. 3 Bed. + 2 Bath. On an approx. 5,301 square foot lot. Has a living room, and a separate family room with a fireplace. House is a fixer-upper being sold in as-is, where-is condition. It may not pass appraisal for a FHA or VA loan. Go all cash, with a hard money loan, DSCR or conventional loan. House has a 200 AMP electric panel. Roof is about 10 years old. Newer central A/C and heating system and a new water heater ($11,000). Fumigation and termite repair/clearance is done ($5,000). Solar panel system is paid off ($42,000) - no UCC lien against the house or monthly payment to make. House is close to schools, park, grocery and retail stores, and freeway access. Purchase to fix up and rent out, live in, or to resell. An excellent value considering the square footage of house. If you've been looking for a great deal on a fixer-upper, come a-runnin. Come one. Come all.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 9-12 • 3.2 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 | 1,702 | 1,318 | 91% |
| Lot Size | 5,301 | 5,351 | 40% |
| Price | $765.0K | $830.0K | 31% |
| Price per sq ft | $449 | $641 | 11% |
| Built year | 1956 | 1953 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 122 | 4% |
Jun 8, 2026
$765,000
$799,000
-4% Price Drop
Initial Listing
May 12, 2026
$799,000
Initial Listing