1629 W 80th, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath

1629 W 80th, Los Angeles, California 90047 home-pic-0
ACTIVE$725,000$1,519/sqft
Est. Value: $517,029
-28%
AboveEstimate
1629 W 80th, Los Angeles, California 90047
3Beds
2Baths
1,519Sqft
6,753Lot

Price Vs. Estimate

The estimated value ($517,029.485) is $207,970.515 (28%) lower than the list price ($725,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
As-Is Condition & No Warranties: The property is sold 'as-is' with 'no warranties or representations,' indicating the existing structure likely requires substantial investment for renovation or demolition, and places all risk on the buyer.

Compared to the nearby listings

Price:$725.0K vs avg $725.0K (+$0)50%
Size:1,519 sqft vs avg 1,377 sqft69%
Price/sqft:$477 vs avg $51731%

More Insights

Built in 1931 (95 years old).
Condition: Built in 1931, this property is 93 years old. The listing explicitly states it's an 'investment opportunity' for those looking to 'reimagine or redevelop' and is 'sold as-is with no warranties or representations.' This language, combined with the absence of any interior photos (especially of the kitchen and bathrooms), strongly indicates the existing structure is in extremely poor condition, likely beyond repair, and its value is primarily in the land for redevelopment. The exterior images show an aged property consistent with its build year and lack of recent significant maintenance.
Year Built
1931
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$477
HOA
-
Days on market
-
Sold On
-
MLS number
DW26001174
Home ConditionTear down
Features
View-

About this home

Exciting investment opportunity in South Los Angeles. This property sits on a desirable lot positioned between two multi-unit properties, making it a compelling option for investors or developers seeking future potential (buyer to verify all zoning, density, and development possibilities with the City of Los Angeles). The existing structure is being sold in its present condition and offers a strong opportunity for those looking to reimagine or redevelop in an area seeing continued growth and improvement. Conveniently located near major thoroughfares, transit, and local amenities. A rare chance to secure a land-focused opportunity in an evolving neighborhood. Property sold as-is with no warranties or representations.

M
Miguel Belmonte
Listing Agent

Nearby schools

3/10
Raymond Avenue Elementary School
Public,K-50.6mi
3/10
La Salle Avenue Elementary School
Public,K-50.6mi
3/10
Seventy-Fourth Street Elementary School
Public,K-50.7mi
1/10
Horace Mann Junior High School
Public,6-80.7mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-121.7mi
2/10
George Washington Preparatory High School
Public,9-122.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-122.5mi
9/10
Middle College High School
Public,9-124.3mi
Condition Rating
Tear down

Built in 1931, this property is 93 years old. The listing explicitly states it's an 'investment opportunity' for those looking to 'reimagine or redevelop' and is 'sold as-is with no warranties or representations.' This language, combined with the absence of any interior photos (especially of the kitchen and bathrooms), strongly indicates the existing structure is in extremely poor condition, likely beyond repair, and its value is primarily in the land for redevelopment. The exterior images show an aged property consistent with its build year and lack of recent significant maintenance.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Investment & Development Potential: Explicitly marketed as an 'exciting investment opportunity' with 'future potential' for investors or developers, especially given its position between two multi-unit properties.
Desirable Lot Size & Location: A generous 6753 sqft lot, strategically located between multi-unit properties, offers significant land-focused opportunity for redevelopment in a growing area.
Evolving Neighborhood: Situated in an 'area seeing continued growth and improvement' and an 'evolving neighborhood,' suggesting potential for property value appreciation.
Convenient Accessibility: The property boasts a convenient location near major thoroughfares, transit, and local amenities, enhancing its appeal for future residents or tenants.
Existing Structure Footprint: The current 3-bed, 2-bath, 1519 sqft structure provides a substantial footprint that could be either extensively renovated or completely redeveloped, offering flexibility.

Cons

As-Is Condition & No Warranties: The property is sold 'as-is' with 'no warranties or representations,' indicating the existing structure likely requires substantial investment for renovation or demolition, and places all risk on the buyer.
Uncertainty of Development Potential: Buyers are required to 'verify all zoning, density, and development possibilities,' meaning the advertised 'future potential' is not guaranteed and requires extensive, potentially costly, due diligence.
Advanced Age of Structure: Built in 1931, the existing structure is very old, suggesting it may have significant deferred maintenance, outdated systems, and may not be suitable for immediate occupancy without major renovation.
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