240 W 93rd, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
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240 W 93rd
Los Angeles, California 90003
ACTIVE
CONDITION: FAIR
2Beds
1Baths
781Sq Ft
5,400Lot Size
Property Price
LIST PRICE$520,000
EST. MARKET VALUE
$522,923
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $520,000—positioned well below the $522,923 Fair Market Value by 0.56%. This valuation gap offers $2,923 in Instant Equity. While the home carries a Condition Rating of 4, the 5,400 sqft lot provides significant potential for an ADU addition. Given the century-old infrastructure and required system modernizations, this asset is best suited for Buy-and-Hold Investors or first-time buyers capable of executing value-add renovations.
Estimated Market Value
$522,923
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 240 W 93rd Subject 2 bd · 1 ba · 781 sqft · $670 | $520,000* List Price | 2 | 1 | 781 | $670 | - |
A 119 E 90th Street Sold 3 bd · 2 ba · 952 sqft · $657 · 0.3 mi | $625,000 | 3 | 2 | 952 | $657 | 0.3 mi |
B 424 W 95th Street Sold 2 bd · 1 ba · 770 sqft · $519 · 0.3 mi | $400,000 | 2 | 1 | 770 | $519 | 0.3 mi |
C 144 W 103rd Street Sold 2 bd · 1 ba · 857 sqft · $525 · 0.6 mi | $450,000 | 2 | 1 | 857 | $525 | 0.6 mi |
D 200 E Century Sold 2 bd · 1 ba · 893 sqft · $683 · 0.5 mi | $610,000 | 2 | 1 | 893 | $683 | 0.5 mi |
E 437 East E 93rd Street Sold 2 bd · 1 ba · 768 sqft · $540 · 0.7 mi | $415,000 | 2 | 1 | 768 | $540 | 0.7 mi |
F 344 W 83rd Sold 3 bd · 2 ba · 1,092 sqft · $503 · 0.9 mi | $549,000 | 3 | 2 | 1,092 | $503 | 0.9 mi |
G 130 E 107th Sold 4 bd · 1 ba · 990 sqft · $636 · 0.9 mi | $630,000 | 4 | 1 | 990 | $636 | 0.9 mi |
H 315 E 91st Pending 2 bd · 2 ba · 800 sqft · $562 · 0.5 mi | $449,999 List Price | 2 | 2 | 800 | $562 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1926, this property is nearly a century old and shows signs of being dated despite recent cosmetic paint. The interior photos are 'digitally altered,' which often masks the true condition of surfaces. The omission of kitchen and bathroom photos is a strong indicator that these rooms are in original or dated condition. Additionally, the visible electrical panel and conduit appear aged, suggesting the systems require modernization to meet current safety standards.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Lot Size
The 5,400 sqft lot provides significant outdoor space and substantial potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
- Competitive Entry-Level Pricing
Priced at $520,000, this property offers a rare and affordable entry point into the Los Angeles single-family residential market for first-time buyers or investors.
- Centralized Accessibility
Conveniently located near major freeways and essential amenities, the property offers excellent connectivity to the broader Los Angeles metropolitan area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- Limited Interior Square Footage
With only 781 square feet of living space, the two-bedroom layout may feel restrictive for families or those requiring modern home office space.
- Century-Old Infrastructure
Built in 1926, the home likely requires significant modernization and updates to its core systems to meet contemporary living standards and building codes.
About 240 W 93rd
Welcome to 240 W. 93rd St., Los Angeles! A wonderful opportunity to own a home with space, upgrades, and plenty of potential! This freshly painted property features 2 bedrooms plus a versatile small den, a brand-new roof, and new windows. Situated on a generously sized lot, there's room to explore the possibilities and make this property your own. Conveniently located near major freeways, shopping, dining, schools, parks, and everyday amenities, offering easy access to surrounding communities and all that Los Angeles has to offer. Whether you're a first-time buyer, looking to invest, or searching for a property with room to grow, this is an opportunity you won't want to miss!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 5,400 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 781 | 1,670.836 |
| Lot Size | 5,400 | 6,152.156 |
| Price | $520.0K | $1.34M |
| Price per sq ft | $666 | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 4 | 56 |
Pricing History
Listed for Sale
Nov 5, 2026
$520,000
Initial Listing