1649 S Vermont, Los Angeles, California 90006, Los Angeles, 90006 - 1 bed, 1 bath
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1649 S Vermont
Los Angeles, California 90006
ACTIVE
CONDITION: TEAR DOWN
1Beds
1Baths
882Sq Ft
2,163Lot Size
Property Price
LIST PRICE$400,000
SUMMARY
Developers Delight this property in major need of TLC only Cash Buyer it will not qualify for any loan programs. this property is for seasonal Investors
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1905 with no evidence of renovation, this property is over 100 years old and physically unlivable. The listing explicitly states it will not qualify for financing and is for cash buyers only. Images reveal severe structural defects, including a collapsed ceiling, exposed insulation, significant mold, and extensive debris, indicating the value is primarily in the land.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Opportunity
Marketed as a 'Developer's Delight,' this property presents a significant value-add opportunity for seasoned investors looking to flip or redevelop in a central Los Angeles location.
- Prime Urban Location
Situated in the 90006 zip code, the property is exceptionally close to local schools like West Adams Preparatory High School and offers easy access to the amenities of Southwest Los Angeles.
- City Lights View
The property features city light views, a valuable asset that can be highlighted in a future redesign to increase the home's aesthetic appeal and market value.
CONSRISKS & DEFICIENCIES
- Restricted Financing
Due to its poor condition, the property is limited to cash buyers only and will not qualify for traditional loan programs, significantly narrowing the pool of potential purchasers.
- Extensive Renovation Required
The structure is in major need of TLC and is being sold as-is, requiring a substantial capital injection for repairs or a complete teardown to make the site habitable.
About 1649 S Vermont
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1905
- Lot Size
- 2,163 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Magnolia Avenue Elementary School
Grades K-6 • 0.2 mi
3/10
Leo Politi Elementary School
Grades K-5 • 0.6 mi
3/10
Mariposa-Nabi Primary Center
Grades K-2 • 0.8 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 882 | 1,670.836 |
| Lot Size | 2,163 | 6,152.156 |
| Price | $400.0K | $1.34M |
| Price per sq ft | $454 | $807 |
| Built year | 1905 | 1941 |
| HOA | $0 | $238 |
| Days on market | 33 | 56 |
Pricing History
Listed for Sale
Oct 7, 2026
$400,000
Initial Listing
Sold
Jan 9, 2009
$120,000
Public Record
Sold
Feb 12, 2004
$230,718
Public Record