
Los Angeles, California 90032
This Value-Add Residential Asset is listed at $799,000, offering a strategic entry into the high-demand Hillside Village corridor. Given the $690,103 Fair Market Value and a Condition Rating of 5, the property serves as a blank canvas requiring full modernization of its 1940s systems. The 5,797-square-foot flat lot and detached two-car garage represent the core value, providing a clear path for forced appreciation via expansion or ADU conversion. This project is perfectly suited for Fix-and-Flip Investors or Contractors looking to capture equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1833 Jones Subject | $749,000* List Price | 2 | 2 | 1,033 | $655 | - |
A 4545 Yellowstone Street Sold | $719,000 | 2 | 1 | 1,020 | $705 | 0.2 mi |
B 2417 Richelieu Avenue Sold | $750,000 | 3 | 1 | 947 | $792 | 0.7 mi |
C 4716 Del Paso Court Sold | $725,000 | 3 | 2 | 1,246 | $582 | 0.3 mi |
D 4828 Zella Place Pending | $699,000 List Price | 3 | 1 | 1,056 | $662 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 with no significant modern updates; kitchen and bathrooms appear to be 30-50 years old with dated cabinetry and appliances. Systems are outdated, featuring wall heaters and window/wall AC units rather than central HVAC, and the interior shows popcorn ceilings and worn flooring, indicating a need for a full rehab.
Situated in Hillside Village with easy access to DTLA, USC Medical Center, and Cal State LA, making it an ideal spot for professionals and commuters.
The property features a flat, fully fenced 5,797-square-foot lot, providing rare usable outdoor space and significant potential for expansion or an ADU.
The inclusion of a detached two-car garage is a highly desirable feature in this area, offering secure parking and additional storage or workshop space.
Built in 1940, the home retains its original 'classic charm' but requires updates and modernization to meet contemporary living standards.
With only 1,033 square feet of living area, the current footprint may feel restrictive for buyers seeking more room without immediate expansion.
Excellent opportunity to purchase a single-level home in Hillside Village, on the border of University Hills, El Sereno, and Alhambra. The existing home is 2 bedrooms and 2 baths, set on a flat, usable 5,797-square-foot, fully fenced lot. Filled with classic charm, the potential is there to modernize the current property or renovate and expand to suit your vision. Filled with light, the floor plan offers a great flow between the living room, dining area, and kitchen. A detached 2-car garage is a great feature for this area. Offering easy access to Ascot Hill's expansive 93-acre nature preserve, Pasadena, DTLA, USC Medical Center, and Cal State LA.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,033 | 1,246 | 27% |
| Lot Size | 5,800 | 5,503 | 56% |
| Price | $749.0K | $850.0K | 28% |
| Price per sq ft | $725 | $693 | 57% |
| Built year | 1940 | 1940 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 139 | 5% |
Jun 8, 2026
$749,000
$799,000
-6% Price Drop
Initial Listing
May 7, 2026
$799,000
Initial Listing
Mar 29, 2019
$600,000
Public Record