1421 Courtland Avenue, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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Los Angeles, California 90006
This Residential Income Asset represents a High-Potential Investment Opportunity for those seeking a major value-add project in Los Angeles. Listed at $600,000 with a $493,625 Fair Market Value, this Quadruplex features a Condition Rating of 6 and requires extensive SCEP repairs to address existing violations. The property’s LARD 1.5 Zoning and proximity to the high-rated Hoover Street Elementary provide a strong foundation for redevelopment. Sold as-is, this asset is a prime acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on high rental demand near Downtown.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1421 Courtland Avenue Subject | $600,000* List Price | 0 | 0 | 2,087 | $237 | - |
A 1153 S Westlake S Pending | $750,000 List Price | 0 | 0 | 2,654 | $283 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1905 and is described as having SCEP repairs needed and violations that the buyer must assume as-is. The images show a very aged building with visible wear and tear, and the description explicitly states the need for significant repairs and the 'as-is' sale with violations. This indicates the property is likely unlivable in its current condition and requires demolition or a complete rebuild.
Situated in a highly desirable area of Los Angeles, offering convenient access to Downtown, diverse restaurants, schools, and parks.
A quadruplex building providing immediate rental income opportunities and potential for future value appreciation.
Zoned LARD 1.5, which allows for various development and usage possibilities within the city's regulations.
The property requires SCEP (Systemic Code Enforcement Program) repairs, indicating existing code violations that will need to be addressed by the buyer.
The property is being sold in 'as-is' condition, and the buyer must assume responsibility for all existing violations upon signing the HHA (Homeowner's Association) agreement.
Built in 1905, the property is over a century old, which may necessitate significant updates and maintenance to meet modern standards and codes.
Great opportunity to purchase this multiunit building. 2,087 square feet of living space. Built in 1905. Lot is 3,941 square feet. Zoned LARD 1.5. Close to Downtown, restaurants, schools, parks, etc.. There are SCEP repairs needed. Property has violations buyer has to take as-is by signing HHA.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 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 | 2,087 | 1,900 | 80% |
| Lot Size | 3,941 | 4,759 | 40% |
| Price | $600.0K | $720.0K | 20% |
| Price per sq ft | $287 | $429 | 20% |
| Built year | 1905 | 1922 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 407 | 270 | 0% |
Jan 17, 2026
$600,000
$675,000
-11% Price Drop
Initial Listing
Jan 6, 2026
$675,000
$750,000
-10% Price Drop
Initial Listing
Dec 16, 2025
$750,000
$900,000
-17% Price Drop
Initial Listing
Mar 11, 2025
$900,000
Initial Listing
Nov 12, 2002
$289,000
Public Record