2361 Scarff Street, Los Angeles, California 90007, Los Angeles, 90007 - 5 bed, 2 bath
2361 Scarff Street
Los Angeles, California 90007
Property Price
SUMMARY
Analysis of 2361 Scarff Street, Los Angeles, California 90007 reveals a property with a current list price of $1,650,000, which is 3% above the estimated $1,594,617 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1888, this Victorian home is over 130 years old and is described as retaining its 'original charm,' which typically indicates a lack of modern updates to the kitchen, bathrooms, and major systems. The listing's focus on the large lot, ADU potential, and basement conversion suggests the existing structure requires substantial rehabilitation and modernization to meet current safety and comfort standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8735, living area = 1392.
CONSRISKS & DEFICIENCIES
About 2361 Scarff Street
This historic 5-bedroom, 2-bath Victorian home sits on a large 8,735 SF lot in the University Park neighborhood, just minutes from USC Campus and Mount Saint Mary's Doheny. The property is also within the USC DPS Patrol zone and Rideshare program. Built in 1888, the 1,392 SF home retains its original charm and character, with a spacious basement that could be converted into an additional unit. In the rear of the property you will also find a large lot that offers plenty of space for additional ADUs or other structures (subject to city and HPOZ approval), making it a great opportunity for an owner-user or an investor looking to maximize the property by renting to students. The property may also qualify for Mills Act tax savings (buyer to verify). A rare chance to own a historic home with flexible options for living, expansion, or income in a prime LA location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1888
- Lot Size
- 8,735 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Norwood Street Elementary School
Grades K-5 • 0.3 mi
Vermont Avenue Elementary School
Grades K-5 • 0.7 mi
John W. Mack Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,392 | 1,260 | 63% |
| Lot Size | 8,735 | 3,550.5 | 88% |
| Price | $1.65M | $785.8K | 88% |
| Price per sq ft | $1.2K | $564 | 88% |
| Built year | 1888 | 1899 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 169 | 25% |
Pricing History
Listed for Sale
Feb 12, 2026
$1,650,000
$1,800,000
-8% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$1,800,000
Initial Listing