
Los Angeles, California 90003
This property presents a High-Potential Investment Opportunity with a List Price of $524,999—positioned well below the $508,252 Fair Market Value by -3%. While the property requires significant renovation, the 5,325 sq. ft. lot and new plumbing infrastructure provide a solid foundation for value-add strategies. With a Condition Rating of 5, this asset is best suited for Fix-and-Flip Investors or Contractors capable of managing a comprehensive project. The inclusion of a bonus room and garage offers additional square footage potential for long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 220 E 89th Subject 2 bd · 1 ba · 998 sqft · $509 | $524,999* List Price | 2 | 1 | 998 | $509 | - |
A 119 E 90th Street Sold 3 bd · 2 ba · 952 sqft · $657 · 0.1 mi | $625,000 | 3 | 2 | 952 | $657 | 0.1 mi |
B 344 W 83rd Sold 3 bd · 2 ba · 1,092 sqft · $503 · 0.8 mi | $549,000 | 3 | 2 | 1,092 | $503 | 0.8 mi |
C 333 E 83rd Street Sold 3 bd · 1 ba · 1,250 sqft · $400 · 0.6 mi | $500,000 | 3 | 1 | 1,250 | $400 | 0.6 mi |
D 358 E Colden Avenue Sold 3 bd · 1 ba · 1,183 sqft · $549 · 0.5 mi | $650,000 | 3 | 1 | 1,183 | $549 | 0.5 mi |
E 144 W 103rd Street Sold 2 bd · 1 ba · 857 sqft · $525 · 0.9 mi | $450,000 | 2 | 1 | 857 | $525 | 0.9 mi |
F 332 E 79th Street Sold 2 bd · 1 ba · 1,008 sqft · $516 · 0.8 mi | $520,000 | 2 | 1 | 1,008 | $516 | 0.8 mi |
G 447 E 94th Street Sold 3 bd · 2 ba · 1,231 sqft · $386 · 0.4 mi | $475,000 | 3 | 2 | 1,231 | $386 | 0.4 mi |
H 437 East E 93rd Street Sold 2 bd · 1 ba · 768 sqft · $540 · 0.4 mi | $415,000 | 2 | 1 | 768 | $540 | 0.4 mi |
I 145 W 93rd Pending 2 bd · 1 ba · 942 sqft · $573 · 0.3 mi | $540,000 List Price | 2 | 1 | 942 | $573 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 and explicitly marketed as a fixer-upper needing significant repairs. The kitchen and interior finishes are severely dated, showing significant wear and tear, and the listing notes it needs 'love, time, and care' despite a partial plumbing update to the street.
The generous 5,325 sq. ft. lot provides ample space for potential expansion or the addition of an Accessory Dwelling Unit (ADU), maximizing the property's long-term investment value.
The property features new plumbing from the house to the street, addressing a major capital expense and providing a significant head start on essential system renovations.
With a bonus room, original hardwood floors, and a 'fixer-upper' status, this property offers substantial equity upside for investors or contractors through strategic renovation.
The home requires substantial repairs and is being sold in 'as-is' condition, which likely limits financing options to cash or hard money and requires a large renovation budget.
The property is currently occupied by tenants, which may complicate the renovation timeline, inspections, and the process of obtaining vacant possession for a new owner.
Opportunity knocks at 220 E. 89th St., Los Angeles, CA 90003! Bring your vision and creativity to this property with tremendous potential. This 2-bedroom, 1-bathroom home sits on a generous 5,325 sq. ft. lot and offers an excellent opportunity for investors, contractors, and buyers looking to renovate and add value. The property needs significant repairs and is being offered AS-IS, making it an ideal project for someone ready to transform a property and unlock its potential. Whether you're looking for your next investment, a renovation project, or an opportunity to create your dream home, this property is worth a closer look! Property Highlights: 2 Bedrooms | 1 Bathroom Approximately 998 Sq. Ft. of living space Generous 5,325 Sq. Ft. lot Vacant and ready for its next owner fixer-upper opportunity Excellent potential for renovation and improvement Convenient Los Angeles location Don't miss this opportunity! Bring your contractor, bring your vision, and make this property your next successful project! Property sold AS-IS. Buyer to independently verify all property information, permits, square footage, lot size, and intended use. hard wood floors, 2 bed rooms 1 bath.. garage n bonus room. needs attention. plumbing new from house to street. needs love time and care. tenants in place. cooperative.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 998 | 1,670.836 |
| Lot Size | 5,325 | 6,152.156 |
| Price | $525.0K | $1.34M |
| Price per sq ft | $526 | $807 |
| Built year | 1940 | 1941 |
| HOA | $0 | $238 |
| Days on market | 10 | 56 |
Oct 30, 2026
$524,999
Initial Listing
Jul 5, 2005
$330,000
Public Record