2136 Alta Street, Los Angeles, California 90031, Los Angeles, 90031 - 3 bed, 2 bath
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Los Angeles, California 90031
This Value-Add Residential Asset is listed at $685,000, positioned well below the $686,930 Fair Market Value by 1%. This valuation gap offers $1,930 in Instant Equity. Currently holding a Poor Condition Rating, the 1954-built home requires a full interior modernization, providing a significant opportunity for forced appreciation. Strategically located five minutes from the Keck School of Medicine of USC and near Gates Street Elementary, the property features City Light Views and a 5,909 sqft lot. This is an optimal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2136 Alta Street Subject | $685,000* List Price | 3 | 2 | 1,258 | $546 | - |
A 2222 Gates Sold | $668,000 | 4 | 1 | 1,140 | $586 | 0.2 mi |
B 545 E Avenue 28 Sold | $730,000 | 2 | 2 | 1,228 | $594 | 0.8 mi |
C 2700 Lincoln Park Avenue Active | $765,000 List Price | 3 | 1 | 1,470 | $520 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1954 (70 years old) and the listing description lacks any mention of recent renovations or updates to the kitchen, bathrooms, or major systems (HVAC/Electric). Given the age and the focus on land/location value rather than interior features, it likely requires a full rehab to address dated interiors and potential structural/systemic aging.
Situated just five minutes from the Keck School of Medicine and LAC+USC Medical Center, this property offers an unbeatable location for medical professionals and students seeking a minimal commute.
The home is within walking distance to Lincoln Park, providing residents with immediate access to premium community amenities including a lake, public pool, tennis courts, and a skatepark.
The property features desirable views of the city lights and the surrounding neighborhood, adding a sense of elevation and visual appeal to the living experience.
Built in 1954, the property may require capital improvements or updates to its original systems and finishes to align with contemporary aesthetic and efficiency standards.
While the home is conveniently close to several schools, many of the local public elementary and secondary options currently hold lower performance ratings, which may impact appeal for education-focused families.
Welcome to 2136 Alta St, a charming home nestled in the heart of Lincoln Heights, one of Los Angeles’ most historic and centrally located neighborhoods. This property offers the perfect blend of comfort, convenience, and location. Just walking distance to Lincoln Park, residents can enjoy a variety of amenities including a skatepark, lake, tennis courts, recreation center, and a public pool offering swimming lessons and community activities. The home is also ideally situated just 5 minutes from Keck School of Medicine of USC, Keck Hospital of USC, and LAC+USC Medical Center, making it an excellent location for medical professionals, students, and families alike. Conveniently located near Downtown Los Angeles, major freeways, shopping, dining, schools, and local parks, this home provides easy access to everything the city has to offer while maintaining the charm of a peaceful residential neighborhood.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,258 | 1,344 | 41% |
| Lot Size | 5,909 | 4,945 | 79% |
| Price | $685.0K | $985.0K | 14% |
| Price per sq ft | $545 | $744 | 17% |
| Built year | 1954 | 1929 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 116 | 7% |
Apr 27, 2026
$685,000
Initial Listing