
Los Angeles, California 90018
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $794,036 Fair Market Value by -7%. While the property requires significant capital for its Condition Rating of 5, the 6,800 SF LAR2 lot and Dual-Unit Configuration provide a rare value-add foundation. With both units delivered vacant, this asset is primed for immediate renovation and repositioning. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage student housing demand near USC.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1448 W 36th Street Subject 5 bd · 2 ba · 1,612 sqft · $493 | $850,000* List Price | 5 | 2 | 1,612 | $493 | - |
A 3100 Brighton Sold 3 bd · 2 ba · 1,400 sqft · $488 · 0.3 mi | $683,000 | 3 | 2 | 1,400 | $488 | 0.3 mi |
B 2801 Brighton Avenue Sold 4 bd · 2 ba · 1,946 sqft · $445 · 0.5 mi | $865,000 | 4 | 2 | 1,946 | $445 | 0.5 mi |
C 3793 Cimarron Street Sold 3 bd · 2 ba · 1,344 sqft · $499 · 0.9 mi | $670,000 | 3 | 2 | 1,344 | $499 | 0.9 mi |
D 1614 W 35th Active 3 bd · 1 ba · 1,418 sqft · $561 · 0.3 mi | $794,888 List Price | 3 | 1 | 1,418 | $561 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1907, this property is explicitly marketed as a fixer-upper in need of significant repairs and updating. Exterior images show clear signs of deferred maintenance and weathering, indicating the homes require a major rehab rather than simple cosmetic updates.
The property features two detached homes on a generous 6,800 SF LAR2 lot, including a permitted ADU, offering exceptional rental income flexibility or multi-generational living options.
Situated in the high-demand USC/Exposition Park area near the Metro E Line and Downtown LA, the property is perfectly positioned for student housing or premium rental opportunities.
Both units will be delivered vacant at the close of escrow, providing investors the immediate ability to renovate and lease at current market rates without tenant relocation complications.
Identified as a 'fixer' in need of repairs and updating, the property requires substantial upfront capital investment to realize its full market value.
Built in 1907, the property likely faces challenges associated with century-old systems, potentially requiring extensive modernization of electrical, plumbing, and structural components.
FIXER with great potential! Rare USC/Exposition Park investment opportunity featuring TWO DETACHED HOMES on an approximately 6,800 SF LAR2 lot, including a permitted detached ADU. Property is in need of repairs and updating, offering an excellent value-add opportunity for investors or owner-users. BOTH UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW, providing maximum flexibility to renovate, occupy, or lease. Located near USC, the property may offer excellent potential for student housing or other rental investment opportunities. Live in one and rent the other, or explore the income potential of both units. Conveniently located near USC, Exposition Park, the Lucas Museum, Metro E Line, Downtown LA, Koreatown, and major freeways. No HOA.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,612 | 1,670.836 |
| Lot Size | 6,800 | 6,152.156 |
| Price | $850.0K | $1.34M |
| Price per sq ft | $527 | $807 |
| Built year | 1907 | 1941 |
| HOA | $0 | $238 |
| Days on market | 45 | 56 |
Sep 25, 2026
$850,000
Initial Listing
Apr 14, 2023
$799,000
Public Record