202 Thorne Street, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 1 bath
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Los Angeles, California 90042
This 1909 Historical Restoration Asset is listed at $795,000, representing a stable entry point at its $795,000 Fair Market Value. Currently assigned a Condition Rating of 5, the property serves as a significant Value-Add opportunity defined by its rare architectural integrity and an expansive 7,973 Sq Ft Lot. Situated in the heart of Highland Park with a desirable Canyon View, the site offers ample room for footprint expansion or ADU development to maximize ROI. This complex project is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to restore a piece of Los Angeles history.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 202 Thorne Street Subject | $795,000* List Price | 2 | 1 | 864 | $920 | - |
A 234 Newland Street Sold | $710,000 | 2 | 1 | 1,008 | $704 | 0.5 mi |
B 6218 Saylin Lane Lane Sold | $975,000 | 2 | 1 | 1,025 | $951 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1909, this property is explicitly described as a 'restoration project that's not for the faint of heart,' indicating a need for substantial repairs and rehabilitation. The exterior images show significant age and wear, with dated features and signs of deferred maintenance. There are no interior images of the kitchen or bathrooms, which strongly suggests they are in very poor, outdated, or non-functional condition, requiring complete renovation. This aligns with the 'poor' category, where major components require repair and the property may be uncomfortable to live in its current state.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7973, living area = 864.
The property boasts unique period features such as bay windows with diamond lites, softened corners, dash coat stucco, and storybook rafter tails, offering significant historical character.
Situated in the desirable Highland Park area of Los Angeles, a dynamic urban neighborhood known for its cultural vibrancy.
Explicitly described as a 'restoration project that's not for the faint of heart,' indicating substantial time, effort, and financial investment will be needed to modernize or restore it.
At 864 sqft, the home offers a relatively small living area for a 2-bedroom, 1-bathroom property, which may limit its appeal to buyers seeking more space.
The listing price of $795,000 is notably higher than the estimated property value of $656,231, suggesting it may be overpriced given its current condition and the required restoration.
In the midst of one of the most dynamic and modern cities, you can still find places that speak to us of how folks lived when life was less complex and small touches of beauty were appreciated. 202 Thorne St. exemplifies that appreciation for craft and detail from a receding era; a place where the past can meet the present. Bay windows with diamond lites that originally faced the Pacific Electric South Pasadena Line, softened corners, dash coat stucco, storybook rafter tails and roof lines, these small touches silently speak of a slower time. It's located across the street from the famous Judson Studios on a street with significant historical properties.If you're looking for a restoration project that's not for the faint of heart, but that will pay dividends for work that is faithful to the house and the period, this may be your house. Images courtesy of Louisa Van Leer Architecture
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 864 | 1,412 | 9% |
| Lot Size | 7,973 | 5,424 | 86% |
| Price | $795.0K | $1.23M | 11% |
| Price per sq ft | $920 | $893 | 52% |
| Built year | 1909 | 1924 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 349 | 177 | 96% |
Oct 31, 1966
$11,000
Public Record