
Los Angeles, California 90031
This property presents a High-Potential Investment Opportunity with a List Price of $564,800—positioned well below the $513,287 Fair Market Value by -10%. Featuring a Condition Rating of 5, this 1910-built home requires comprehensive rehabilitation, yet includes active renovation permits to streamline the process. The layout offers a spacious basement cellar and bonus room for added utility. Located near the Keck-USC Medical Center, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to restore historic character in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2126 Daly Subject | $519,900* List Price | 2 | 1 | 1,124 | $443 | - |
A 3000 Darwin Avenue Active | $475,000 List Price | 2 | 1 | 1,148 | $414 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1910-built property is explicitly marketed as a fixer-upper and requires substantial rehabilitation. Interior photos reveal significant deferred maintenance, including severely worn and unfinished wood flooring, peeling paint, and windows sealed with plastic sheeting. The exterior shows weathered siding and a lack of recent upkeep. While the listing mentions historic character and high ceilings, the home lacks a functional modern kitchen or updated bathroom in its current state, necessitating a full renovation of all major systems and finishes.
Situated in the heart of Lincoln Heights, the property offers exceptional proximity to Keck-USC Medical Center, DTLA, and Chinatown, making it highly attractive for commuters and medical professionals.
The inclusion of active permits to renovate the existing house is a significant value-add, reducing the administrative lead time and costs typically associated with historic restoration projects.
Built in 1910, the home features high ceilings and original craftsmanship, complemented by a spacious basement cellar and a large bonus room that provides functional space beyond the official square footage.
The property is in need of significant repair and restoration, requiring a buyer with substantial capital and experience to manage a comprehensive renovation project.
With only one bathroom serving two bedrooms and a bonus room, the current layout may be restrictive for modern families or those seeking higher utility from the floor plan.
Back on the market to no fault of the seller. Built in 1910, this charming fixer-upper sits in the heart of Lincoln Heights. It offers a canvas rich with historic character and potential. Centrally located just south of Broadway near the Keck-USC medical center, and a short drive to Chinatown, DTLA, and North East LA. Inside, you’ll find beautiful historic details that preserve the era’s craftsmanship, paired with high ceilings that create an open, airy feel. The solid layout includes 2 bedrooms and 1 bathroom, with a spacious basement cellar that can be used for storage or as a workspace. Large bonus room in the back of the house not included in sq ft. Includes permits to renovate the existing house. This home is a fantastic opportunity for someone who loves a project —restoring the homes former elegance while adding contemporary touches to create a comfortable, modern living space.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,124 | 1,672 |
| Lot Size | 3,734 | 6,067 |
| Price | $519.9K | $1.37M |
| Price per sq ft | $463 | $801 |
| Built year | 1910 | 1939 |
| HOA | $0 | $348 |
| Days on market | 181 | 56 |
Jul 9, 2026
$519,900
$564,800
-8% Price Drop
Initial Listing
Feb 10, 2026
$564,800
$599,800
-6% Price Drop
Initial Listing
Jan 22, 2026
$599,800
Initial Listing
Dec 15, 2020
$443,000
Public Record