2408 E 115th, Los Angeles, California 90059, Los Angeles, 90059 - 3 bed, 2 bath
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Los Angeles, California 90059
Analysis of 2408 E 115th, Los Angeles, California 90059 is currently available with a list price of $350,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Property is land value only, full reconstruction required.
Built in 1928, the property is in a state of severe dilapidation with boarded-up windows, graffiti, and significant exterior neglect. The listing description explicitly frames the property as a development opportunity to build new units, indicating the existing structure is unlivable and the value lies in the land.
High School: Compton Early College High (9/10).
The property is marketed as a prime opportunity to build two new units, offering significant upside for investors looking to maximize residential income in a high-demand Los Angeles submarket.
Listed at $350,000, this property represents a rare entry-level investment opportunity for the Los Angeles area, providing a low barrier to entry for developers or fix-and-flip investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1460, other record living area = 842.
The property was recently sold within the past year on 2025-07-17. The sold price is $180,000.00.
Built in 1928, the nearly century-old structure likely requires substantial capital expenditure for modernization or may necessitate a complete teardown to realize its highest and best use.
Great opportunity to build two new units in centralized location of Los Angeles.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades PK-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 60% |
| Baths | 2.0 | 0.0 | 60% |
| Square foot | 1,460 | 2,122 | 20% |
| Lot Size | 3,221 | 5,692 | 7% |
| Price | $350.0K | $750.0K | 7% |
| Price per sq ft | $240 | $353 | 13% |
| Built year | 1928 | 1944 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 195 | 7% |
Apr 16, 2026
$350,000
Initial Listing
Jul 17, 2025
$180,000
Public Record
Apr 27, 2004
$185,000
Public Record
Nov 6, 2000
$95,000
Public Record
May 2, 2000
$60,000
Public Record