1728 Carmona Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 2 bed, 1 bath

ACTIVE$885,000
1728 Carmona Avenue, Los Angeles, California 90019
2Beds
1Bath
1,314Sqft
5,152Lot
Year Built
1927
Close
-
List price
$885K
Original List price
$1M
Price/Sqft
$674
HOA
-
Days on market
-
Sold On
-
MLS number
SB25098726
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $885.0K(9th), sqft - 1314(26th), beds - 2(20th), baths - 1(15th).
PRICE REDUCED!! DEAL FELL THRU!! Centrally located "Westside Mid-Wilshire" probate 3 Bedroom 1 Bath home!! Lots of potential!! Near transportation, freeways, Kaiser Hospital and shopping!! This property needs work and is being sold in its "as is" present condition!! Investors/Developers must perform their due diligence regarding the purchase of this probate property!! See Agents Remarks!!
Price History
Date
Event
Price
08/06/25
$885,000
05/05/25
$1,000,000
Condition Rating
Poor
Built in 1927, this property is nearly a century old with no indication of recent major renovations. The listing explicitly states it 'needs work' and is being sold 'as is' to 'Investors/Developers,' strongly suggesting significant deferred maintenance. The provided image shows a large portion of the roof covered with a tarp, indicating major structural or weatherproofing issues. Without interior photos, it's safe to assume the kitchen and bathroom are severely outdated and likely in poor condition, requiring complete overhauls. The property requires substantial repairs and rehabilitation, fitting the 'poor' category.
Pros & Cons
Pros
Prime Westside Mid-Wilshire Location: The property is centrally located in the highly desirable Westside Mid-Wilshire area of Los Angeles, known for its appreciation and amenities.
Exceptional Accessibility: Conveniently situated near major transportation routes, freeways, Kaiser Hospital, and diverse shopping options, enhancing daily convenience.
Significant Price Adjustment: A recent price reduction from $1,000,000 to $885,000 indicates a motivated seller and potential for a competitive acquisition.
Strong Investment/Development Potential: Described as having 'lots of potential,' the property offers significant opportunity for value creation through renovation or redevelopment in a high-demand market.
Generous Urban Lot Size: The 5,152 sqft lot provides ample space for potential expansion, outdoor living, or landscaping in a dense urban environment.
Cons
Extensive Renovation & 'As-Is' Condition: The property explicitly 'needs work' and is sold 'as-is,' requiring substantial capital investment and effort for necessary repairs and modernization.
Probate Sale Implications: As a probate property, buyers should anticipate potential complexities, extended timelines, and specific legal requirements during the transaction process.
Limited Bathroom Count: With only one bathroom for a 3-bedroom residence, the property may not meet the functional needs of many modern families without significant modification.