200 S Reno, Los Angeles, California 90057, Los Angeles, 90057 - 2 bed, 2 bath
Loading property details...
200 S Reno
Los Angeles, California 90057
ACTIVE
CONDITION: POOR
2Beds
2Baths
1,089Sq Ft
24,231Lot Size
Property Price
LIST PRICE$300,000
EST. MARKET VALUE
$309,308
3% BelowMARKET VALUE
SUMMARY
This property presents a Prime Investment Opportunity with a List Price of $300,000—positioned well below the $309,309 Fair Market Value by 3%. This valuation gap offers $9,309 in Instant Equity for buyers prepared to execute a renovation. With a Condition Rating of 5, the unit requires significant updates, making it a blank canvas for value-add strategies. Located near major freeways and urban hubs, this is a high-reward acquisition ideal for Fix-and-Flip Investors or first-time buyers seeking a project.
Estimated Market Value
$309,308+$9,308 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 S Reno Subject | $300,000* List Price | 2 | 2 | 1,089 | $284 | - |
A 421 S La Fayette Park 214 Active | $285,000 List Price | 1 | 1 | 800 | $356 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1984 (40+ years old) with original kitchen cabinetry and dated appliances. The listing explicitly describes the property as a renovation project needing 'vision' to transform, sold as-is, which aligns with the criteria for a property needing rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Price Point
Priced under $300,000 for a two-bedroom unit, this property represents a rare entry-level opportunity in the competitive Los Angeles market.
- Value-Add Potential
The condo serves as a blank canvas for investors or first-time buyers to renovate and build immediate equity through strategic updates.
- Centralized Location
Ideally situated near major freeways (101, 10, and 5) and key destinations like the Staples Center and The Grove, offering excellent urban connectivity.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is sold in its current state with no warranties, requiring a buyer prepared for the costs and logistics of a full renovation.
- Competitive Bidding Structure
The listing price is an opening bid with a strict deadline for final offers, indicating a high-pressure sales environment that may drive the final price significantly higher.
About 200 S Reno
A Los Angeles two Bedroom condo under $300K? Yes, you are seeing this correctly! Bring your vision and transform this 2 bedroom, 2 bathroom condo into a home that truly reflects your style. This property offers a great opportunity for buyers looking to renovate, update, and add value. Whether you're an investor, first-time buyer, or someone looking for a renovation project, this condo offers the opportunity to create something special. Conveniently located near shopping, dining, entertainment, and most major highways including the 101, 10, and 5 freeways, not to mention the Staples Center, Convention Center, and The Grove. Schedule your appointment today, before this deal is gone! Asking price is the opening bid. BEST AND FINAL OFFERS ARE DUE BY MONDAY 08/31/26 @ 12PM. Property is sold AS-IS with no warranties implied or expressed. Blind Offers Only, no more property tours available.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 24,231 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Lafayette Park Primary Center
Grades K • 0.2 mi
0/10
Commonwealth Avenue Elementary School
Grades K-5 • 0.5 mi
5/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Grades K-5 • 0.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,089 | 1,219.385 |
| Lot Size | 24,231 | 27,236.074 |
| Price | $300.0K | $800.2K |
| Price per sq ft | $275 | $650 |
| Built year | 1984 | 1979 |
| HOA | $350.0 | $685 |
| Days on market | 16 | 72 |
Pricing History
Listed for Sale
Aug 24, 2026
$300,000
Initial Listing