1981 Estrella Avenue, Los Angeles, California 90007, Los Angeles, 90007 - 9 bed, 4 bath
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Los Angeles, California 90007
This 9-bedroom property represents a High-Potential Investment Opportunity, listed at a List Price of $1,325,000—positioned well below the $1,323,095 Fair Market Value (priced at market stability). With a Condition Rating of 4, the asset requires modernization of core systems and wet areas to maximize its 9-bed/4-bath configuration. Located within the USC Security Zone, the property offers significant rental demand for students. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on high-density housing near USC.
Property is moderate renovation needed.
Originally built in 1904, the property shows some recent cosmetic updates including newer laminate flooring and fresh paint. However, the bathrooms are significantly dated (20+ years) with older fixtures and tiling. Given the age and the high-density 9-bedroom configuration, the property is functional but requires modernization of core systems and wet areas.
Situated within the USC Security Zone and walking distance to USC Village, Staples Center, and the Metro, this property is ideally positioned for high-demand student housing or short-term rentals.
With a total of 9 bedrooms and 4 bathrooms across the main house and a converted garage, the property offers substantial square footage and density for maximizing rental income.
The property is delivered vacant, providing the buyer with immediate flexibility to renovate, re-tenant at market rates, or occupy without the complications of existing lease agreements.
Built in 1904, this 120-year-old structure likely requires substantial capital expenditure for modernizing systems such as plumbing, electrical, and foundation to meet current standards.
A configuration of 9 bedrooms served by only 4 bathrooms may be a deterrent for high-end tenants and could impact the overall functionality and marketability of the living space.
Large 8bed/3bath house plus converted garage to 1bed/1bath, big bedrooms, gated. North Campus inside USC Security Zone, walk to USC, USC Village, Staples Center, Metro. Delivered vacant. Do not disturb occupants!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 4.0 | 90% |
| Baths | 4.0 | 2.0 | 70% |
| Square foot | 3,032 | 2,376 | 90% |
| Lot Size | 6,221 | 5,110.5 | 50% |
| Price | $1.27M | $980.4K | 90% |
| Price per sq ft | $421 | $416 | 50% |
| Built year | 1904 | 1907 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 159 | 10% |
May 20, 2026
$1,275,000
$1,325,000
-4% Price Drop
Initial Listing
May 6, 2026
$1,325,000
Initial Listing
Mar 8, 2019
$710,000
Public Record