1839 W 20th St, Los Angeles, California 90007, Los Angeles, 90007 - 2 bed, 1 bath
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Los Angeles, California 90007
This Development Asset represents a strategic acquisition in a prime Los Angeles location near USC. With a List Price of $825,000 and a Fair Market Value of $738,239, the property’s value is anchored in its New Construction Potential and Dual Access via the main street and alleyway. The existing 1908 structure carries a Condition Rating of 5, indicating significant deferred maintenance and a clear need for redevelopment. This opportunity is best suited for Buy-and-Hold Investors or Developers looking to capitalize on high rental demand and zoning for a family compound.
Property is extensive renovation needed.
The property was built in 1908, indicating significant age. While the listing mentions "new construction opportunity," the existing structure shows signs of deferred maintenance and outdated features. The bathroom, with its tiled walls and modern-looking vanity, appears to have had some updates, but the overall condition of the house, including the visible flooring and light fixtures in the living area, suggests it requires substantial repairs and rehabilitation to meet modern standards. The kitchen is not pictured, which is a significant omission for assessing its condition. Given the age and the potential for underlying issues, it leans towards 'poor' condition for the existing structure, despite the potential for redevelopment.
Situated in the heart of Los Angeles, this property boasts a prime location with excellent proximity to USC and convenient access to the 10 Freeway, making it highly desirable for residents and investors.
Offers significant new construction potential, ideal for developing a family compound or building rental properties, maximizing the investment opportunity.
Features access from both the main street and an alleyway, providing enhanced convenience and flexibility for development and daily use.
Built in 1908, the property may require significant renovations or updates to meet modern living standards and building codes.
With only 876 sqft, the existing structure may be too small for many buyers seeking a primary residence, necessitating expansion or redevelopment.
Properties of this age often come with potential for deferred maintenance, which could lead to unexpected repair costs for a new owner.
"Back on the market due to no fault of the seller (previous buyer failed to perform)this turnkey development site offers an immediate opportunity for builders and investors seeking to capture rental growth in a high-demand, transit-oriented neighborhood featuring 5,123Sq Ft. This property is zoned for SB8 Mixed-Use/Multifamily up to 3 units! and is ready for development. This is a premier opportunity to acquire a site that was under contract now re-listed for a quick closing. Located near USC, Exposition Park, and the Metro E Line, easy access to FWY’! Downtown LA. Don’t miss this opportunity!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 876 | 1,672 |
| Lot Size | - | 6,067 |
| Price | $750.0K | $1.37M |
| Price per sq ft | $856 | $801 |
| Built year | 1908 | 1939 |
| HOA | $0 | $348 |
| Days on market | 163 | 56 |
Jul 3, 2026
$750,000
$780,000
-4% Price Drop
Initial Listing
Mar 25, 2026
$780,000
$825,000
-5% Price Drop
Initial Listing
Feb 9, 2026
$825,000
Initial Listing