
Los Angeles, California 90018
This property presents a High-Potential Investment Opportunity with a List Price of $750,000, positioned above the $669,904 Fair Market Value. While the property carries a Condition Rating of 6, the expansive 9,914 sqft lot and RD2-1-O-HPOZ Zoning provide significant upside for density-driven development. The site supports a multi-unit build or ADU expansion, making it a strategic Asset for those targeting long-term rental income. This is an ideal acquisition for Buy-and-Hold Investors or Developers capable of navigating historic preservation guidelines to maximize land utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2303 W 25th Street Subject | $750,000* List Price | 2 | 1 | 1,356 | $494 | - |
A 1605 W 35th Sold | $650,000 | 2 | 1 | 1,400 | $464 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1949 with no evidence of renovation in over 50 years, the property is marketed for its land value and development potential. The listing explicitly suggests demolition, and the interior shows significant wear, dated systems, and original finishes that would require a total rehab or replacement.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9914, living area = 1356.
The expansive 9,914 sqft flat lot combined with RD2 zoning offers a rare opportunity to develop up to four units, maximizing the property's density and long-term value.
Situated in the historic West Adams neighborhood with immediate access to the 10 Freeway, the property provides an ideal commute to Downtown LA, USC, and West Los Angeles.
Being located within a Historic Preservation Overlay Zone (HPOZ) introduces stricter architectural guidelines and permit oversight, which may complicate or delay development plans.
The majority of the assigned public schools for this address carry low ratings (2 out of 10), which could be a deterrent for family-oriented tenants or future buyers.
This is a great opportunity for investment and development in the historic West Adams neighborhood of Los Angeles. It is a Large flat lot with potential for multiple new units. There are many ways to improve this property. The new owner can choose to repair and expand the house and build a large ADU, or demolish the house and garage and build multiple new units. The zoning is RD2-1-O-HPOZ, which may allow up to 4 units on this lot. Buyer to do their own investigations and confirm specifics of the zoning code with LADBS. This is a unique opportunity to develop a house to live in with additional units for income or to develop a multi-unit investment income property. It is conveniently located close to the 10 Fwy with easy access to West Los Angeles, downtown Los Angeles and USC. It is an ideal location for a new home or an investment rental. Do not miss this opportunity.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,356 | 1,672 |
| Lot Size | 9,914 | 6,067 |
| Price | $750.0K | $1.37M |
| Price per sq ft | $553 | $801 |
| Built year | 1949 | 1939 |
| HOA | $0 | $348 |
| Days on market | 3 | 56 |
Jul 19, 2026
$750,000
Initial Listing