
Los Angeles, California 90003
This property presents a High-Potential Investment Opportunity with a List Price of $580,000—positioned well above the $522,538 Fair Market Value by 10%. While the property requires significant modernization, its Fair Condition Rating and 3,775 sqft lot provide a blank canvas for value-add renovations. The compact 768 sqft footprint is ideal for strategic interior reconfiguration or ADU expansion. This asset is a tactical acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on the high-demand Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 139 W 88th Subject 2 bd · 1 ba · 768 sqft · $680 | $580,000* List Price | 2 | 1 | 768 | $680 | - |
A 437 East E 93rd Street Sold 2 bd · 1 ba · 768 sqft · $540 · 0.6 mi | $415,000 | 2 | 1 | 768 | $540 | 0.6 mi |
B 200 E Century Sold 2 bd · 1 ba · 893 sqft · $683 · 0.8 mi | $610,000 | 2 | 1 | 893 | $683 | 0.8 mi |
C 429 E 92nd Sold 2 bd · 1 ba · 884 sqft · $700 · 0.6 mi | $619,000 | 2 | 1 | 884 | $700 | 0.6 mi |
D 214 E 76th Place Sold 4 bd · 1 ba · 855 sqft · $532 · 1.0 mi | $455,000 | 4 | 1 | 855 | $532 | 1.0 mi |
E 222 E Century Active 3 bd · 1 ba · 960 sqft · $582 · 0.8 mi | $559,000 List Price | 3 | 1 | 960 | $582 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1923, the property shows signs of a dated renovation (tile flooring and bathroom vanity) likely performed 20-30 years ago. The listing's emphasis on 'investor potential' and the visible condition of the interior suggest the home is functional but requires significant cosmetic updates and likely system overhauls to meet modern standards.
Priced competitively for the Los Angeles market, this property offers significant upside for investors or first-time buyers looking to build equity through renovations and improvements.
The 3,775 square foot lot includes a sizable backyard, providing rare outdoor space for the area that is ideal for entertaining or potential ADU expansion.
Situated in the Avalon Garden neighborhood, the home provides excellent proximity to major freeway access and essential city amenities, enhancing its appeal for urban professionals.
At only 768 square feet, the living area is quite compact for a two-bedroom configuration, which may limit its appeal to growing families.
Built in 1923, the century-old structure likely requires modernization of major systems and cosmetic updates to meet contemporary building standards and buyer expectations.
2 Bedrooms-1 bathroom home with a good size back yard. located in Avalon Garden neighborhood of Los Angelee. A lot of potential good for investor or to start a family. Close to freeway access and other city amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 768 | 1,670.836 |
| Lot Size | 3,775 | 6,152.156 |
| Price | $580.0K | $1.34M |
| Price per sq ft | $755 | $807 |
| Built year | 1923 | 1941 |
| HOA | $0 | $238 |
| Days on market | 61 | 56 |
Sep 9, 2026
$580,000
Initial Listing
Aug 2, 2024
$507,000
Public Record