1537 Blake Avenue, Los Angeles, California 90031, Los Angeles, 90031 - 1 bed, 1 bath
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Los Angeles, California 90031
Analysis of 1537 Blake Avenue, Los Angeles, California 90031 is currently available with a list price of $639,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
This 100-year-old bungalow (built 1924) is marketed as a 'down-to-the-studs' rehab opportunity. Interior and exterior photos show significant neglect, including cracked walls, damaged flooring, and weathered wood, indicating that all major systems (HVAC/Electric) and finishes require a total overhaul.
Situated in the absolute heart of Elysian Valley, the property offers immediate proximity to the LA River bike path and popular cultural staples like Salazar and La Colombe.
This 'down-to-the-studs' rehab opportunity serves as a blank canvas for investors or contractors to reimagine a minimalist modern residence within an established footprint.
As a detached 1924 bungalow, the property provides more privacy and autonomy than nearby multi-unit developments, making it a rare entry-level detached home in a high-demand area.
The property is sold 100% 'as-is' and requires a complete overhaul, likely necessitating a cash purchase and a substantial budget for structural and cosmetic repairs.
With only 612 square feet of living space on a modest 1,778 square foot lot, the property offers very limited utility for families or those seeking significant expansion.
The absolute lowest-priced single-family home opportunity in prime Frogtown! Tucked away just steps from the vibrant LA River bike path, this 1924 California Bungalow sits on a highly coveted street surrounded by beautifully renovated residences. Make no mistake - this property is a true fixer and an authentic diamond in the rough. Property has deferred maintenance and requires TLC, making it the ultimate blank canvas for design enthusiasts or homeowners with a vision. Standard Conventional Financing is WELCOME. Priced to reflect its current condition and UNDENIABLE future equity upside. Bring your imagination to capture an uncompromised piece of Frogtown history! Walkable to Salazar, La Colombe, and Just What I Kneaded.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 612 | 1,672 |
| Lot Size | 1,778 | 6,067 |
| Price | $639.0K | $1.37M |
| Price per sq ft | $1.0K | $801 |
| Built year | 1924 | 1939 |
| HOA | $0 | $348 |
| Days on market | 45 | 56 |
Jun 7, 2026
$639,000
Initial Listing