
Los Angeles, California 90003
This Value-Add Residential Asset is listed at $650,000, aligning with its $650,000 Fair Market Value. While priced at market, the property offers a Strong Value Opportunity through its Detached Two-Car Garage, which provides significant upside for an ADU conversion to maximize ROI. The 1,271 Sqft Floor Plan is notably spacious for a two-bedroom home, offering a functional foundation for modernization. Currently holding a Condition Rating of 4, the 1927 structure requires updates to vintage systems but remains a stable acquisition within the Los Angeles Unified School District. This is a strategic project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 214 E 92nd Subject | $650,000* List Price | 2 | 2 | 1,271 | $511 | - |
A 122 E 83rd Street Sold | $600,000 | 2 | 2 | 1,180 | $508 | 0.8 mi |
B 222 W 87th Sold | $680,000 | 3 | 1 | 1,328 | $512 | 0.5 mi |
C 323 E 102nd St. Sold | $650,000 | 4 | 2 | 1,402 | $464 | 0.6 mi |
D 346 E 90th Sold | $593,000 | 2 | 1 | 1,096 | $541 | 0.2 mi |
E 144 W 101st Street Sold | $600,000 | 3 | 1 | 1,100 | $545 | 0.6 mi |
F 358 E Colden Avenue Active | $650,000 List Price | 3 | 1 | 1,183 | $549 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1927 build that appears to have been maintained through regular upkeep but remains largely outdated. While the interior features clean paint and newer laundry appliances, the kitchen cabinetry, bathroom fixtures, and window AC units reflect older standards. The exterior shows weathering on the awnings and stucco, and minor deferred maintenance is visible, such as missing electrical outlet covers.
The property features a detached two-car garage, offering secure parking and excellent potential for an ADU conversion to increase property value.
At 1,271 square feet for a two-bedroom home, the floor plan is notably spacious and functional compared to typical bungalows of this era.
The 5,133 square foot lot provides ample outdoor space for gardening, entertaining, or future expansions in a high-density Los Angeles neighborhood.
Built in 1927, the home likely requires updates to aging systems such as plumbing, electrical, and roofing to meet modern safety and efficiency standards.
The property offers no scenic views and is located in a dense urban area, which may be a drawback for buyers seeking privacy or natural surroundings.
Well located 2 bedroom, 2 bath single-family residence featuring a functional floor plan, spacious bedrooms, and comfortable living areas. The property offers ample storage and outdoor space, along with a detached two-car garage. Conveniently located near local amenities and major thoroughfares. Professional photos coming soon.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,271 | 1,098 | 67% |
| Lot Size | 5,133 | 5,184.5 | 48% |
| Price | $650.0K | $614.5K | 69% |
| Price per sq ft | $511 | $523 | 45% |
| Built year | 1927 | 1923 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 126 | 201 | 26% |
Dec 17, 2025
$650,000
Initial Listing