2002 W Avenue 33, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 1 bath
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Los Angeles, California 90065
This Mount Washington Investment Asset is listed at $925,000, reflecting a price point above its $819,955 Fair Market Value. With a Condition Rating of 5, the property exhibits deferred maintenance and requires a full-scale renovation to modernize the 1,031-square-foot layout. The 4,628-square-foot lot and proximity to the top-rated Mt. Washington Elementary School provide a strong foundation for long-term appreciation. This is an analytical acquisition for Value-Add Investors or Contractors prepared to execute a renovation plan to capture the neighborhood's high rental demand and equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2002 W Avenue 33 Subject | $925,000* List Price | 2 | 1 | 1,031 | $795 | - |
A 1838 Kilbourn Street Sold | $863,000 | 2 | 1 | 1,052 | $820 | 0.1 mi |
B 3624 Loosmore Street Sold | $907,000 | 3 | 1 | 1,086 | $835 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this property shows clear signs of deferred maintenance and neglect. The listing explicitly states it 'Needs some TLC,' and visual evidence shows significant cracking in the concrete exterior stairs and an unmaintained yard. Given the age and the 'investment property' designation, the kitchen, bathroom, and major systems likely require substantial rehabilitation to meet modern living standards.
Situated in the highly desirable Mount Washington/Glassell Park area, this property offers excellent proximity to major freeways and trendy entertainment, making it a high-demand location for commuters and urban professionals.
As a home needing 'TLC' in a sought-after neighborhood, it presents a prime opportunity for investors or owner-users to build substantial equity through strategic renovations and modernization.
The property features a large front yard, providing rare outdoor versatility for landscaping, play areas, or potential expansion in a dense Los Angeles market.
The property is noted as needing 'TLC,' which implies that buyers will need to budget for immediate additional capital expenditures to address repairs and updates.
With only two bedrooms and a single bathroom in a 1,031-square-foot footprint, the current layout may be restrictive for larger families or those seeking more spacious contemporary living.
Cozy home in a family friendly neighborhood, large front yard, great for a growing family, or as an investment property. Needs some TLC. Close to freeways, and entertainment.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 1.0 | 2.5 | 17% |
| Square foot | 1,031 | 1,660.5 | 16% |
| Lot Size | 4,628 | 5,769.5 | 22% |
| Price | $925.0K | $1.24M | 23% |
| Price per sq ft | $897 | $766 | 71% |
| Built year | 1930 | 1951 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 173 | 13% |
Feb 5, 2026
$925,000
Initial Listing