220 E 64th Street, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
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Los Angeles, California 90003
This property presents a High-Potential Investment Opportunity with a List Price of $469,000—positioned well below the $467,582 Fair Market Value (priced at market stability). Featuring a 5,402 sq ft lot with LAR2 Zoning and a separate structure ready for ADU conversion, this asset offers significant upside for forced appreciation. Given the Condition Rating of 5, the home requires substantial renovation to reach its full potential. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers capable of executing a value-add renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 220 E 64th Street Subject | $469,000* List Price | 2 | 1 | 838 | $558 | - |
A 225 E 67th Sold | $557,777 | 3 | 1 | 1,032 | $540 | 0.2 mi |
B 433 E 74th Street Sold | $535,000 | 2 | 1 | 854 | $626 | 0.6 mi |
C 205 W Gage Avenue Sold | $450,000 | 2 | 1 | 988 | $455 | 0.3 mi |
D 214 E 76th Place Sold | $455,000 | 4 | 1 | 855 | $532 | 0.8 mi |
E 332 E 79th Street Sold | $520,000 | 2 | 1 | 1,008 | $516 | 1.0 mi |
F 124 E 76th Street Sold | $480,000 | 3 | 2 | 1,140 | $421 | 0.7 mi |
G 123 E 65th Street Active Under Contract | $599,999 List Price | 3 | 2 | 924 | $649 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920, this property is explicitly marketed as a fixer-upper needing significant TLC. Interior images show highly dated finishes including wood paneling, old carpeting, and a wall heater, suggesting systems and rooms have not been updated in over 30 years.
The property sits on a generous 5,400+ sq ft lot zoned LAR2, providing a rare opportunity for investors or owners to increase density or expand the existing footprint.
A separate rear structure with existing plumbing and electrical access offers a significant head start for creating a rental unit, guest house, or home office.
Centrally located in the Florence neighborhood with immediate access to the 110 and 105 freeways, offering excellent connectivity to Downtown LA and surrounding corridors.
As a 'fixer-upper' in need of significant TLC, the property will require substantial upfront capital and vision to bring it to modern living standards.
The current main residence offers only 838 square feet of living space, which may feel restrictive for families without further expansion or conversion of the secondary structure.
A diamond in the rough with endless potential calling all visionaries, investors, and first-time buyers ready to build equity from day one! This 2-bedroom, 1-bath fixer-upper in LA's Florence neighborhood is brimming with opportunity. The home's footprint has already been expanded, giving you a head start on your renovation plans, and the generous 5,400+ sq ft lot (zoned LAR2) gives you room to dream big. The real showstopper? A separate structure in the back, (access to existing plumbing and electrical) ideal for conversion into an ADU, rental income unit, home office, or guest suite, or multi-generational living, your call. Add to that mature, beautiful fruit trees dotting the yard, and you've got a property with character and soul that's hard to find at this price point. Yes, this home needs work but that's exactly why it's priced to sell fast. With some vision and TLC, this could be your best investment yet in one of LA's most up-and-coming corridors. Centrally located with easy access to the 110 and 105 freeways, and close to shopping and dining along Vermont Ave and Manchester Blvd. Don't let this one slip away true bargains like this don't last in this market!
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 | 838 | 1,672 |
| Lot Size | 5,402 | 6,067 |
| Price | $469.0K | $1.37M |
| Price per sq ft | $560 | $801 |
| Built year | 1920 | 1939 |
| HOA | $0 | $348 |
| Days on market | 22 | 56 |
Jun 30, 2026
$469,000
Initial Listing
Feb 1, 1994
$90,909
Public Record
Feb 1, 1994
$90,909
Public Record