2411 Exposition Place, Los Angeles, California 90018, Los Angeles, 90018 - 0 bed, 1 bath
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2411 Exposition Place
Los Angeles, California 90018
ACTIVE
CONDITION: POOR
0Beds
1Baths
2,400Sq Ft
4,528Lot Size
Property Price
LIST PRICE$1,299,000
EST. MARKET VALUE
$1,186,176
9% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a legal non-conforming warehouse listed at $1,299,000, positioned slightly above the $1,234,155 Fair Market Value. Featuring an iconic bow truss ceiling and LARD1.5 zoning, this Condition Rating 5 asset offers rare development versatility for light manufacturing, live/work conversion, or a multi-unit ADU project. While the property requires significant capital for residential habitability, its strategic location near USC and West Adams ensures long-term demand. This is a sophisticated acquisition ideal for Value-Add Developers or Creative Investors seeking unique urban infill projects.
Estimated Market Value
$1,186,176
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 |
|---|---|---|---|---|---|---|
★ 2411 Exposition Place Subject 0 bd · 1 ba · 2,400 sqft · $494 | $1,299,000* List Price | 0 | 1 | 2,400 | $494 | - |
A 3786 Dublin Sold 0 bd · 0 ba · 2,120 sqft · $535 · 0.1 mi | $1,135,000 | 0 | 0 | 2,120 | $535 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1947, this is a raw industrial warehouse being marketed as a residential opportunity. It lacks a kitchen and standard residential living systems, requiring a total conversion or major rehab to be habitable as a home. The actual exterior is weathered with cracked pavement, and the listing explicitly suggests a tear-down and rebuild as a viable option.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Character
The property features an iconic bow truss ceiling and classic brick construction, providing a highly sought-after aesthetic for creative live/work spaces or luxury residential conversions.
- Development Versatility
Zoned LARD1.5 with legal non-conforming light manufacturing use, the site offers rare flexibility to maintain industrial use, convert to a single-family home, or redevelop into multiple units with ADUs.
- Strategic Location
Centrally located near USC, Leimert Park, and West Adams, the property is positioned in a high-growth area with strong demand for both residential and creative commercial spaces.
CONSRISKS & DEFICIENCIES
- Financing Complexity
The legal non-conforming status and transition from commercial to residential zoning may complicate traditional residential financing, likely requiring specialized lenders or all-cash buyers.
- Substantial Capital Requirement
Currently configured as a warehouse with only one bathroom and minimal residential infrastructure, the property requires significant additional investment to modernize utilities and finishes for habitability.
About 2411 Exposition Place
BOM! Legal non-conforming brick warehouse in a residential neighborhood. Down zoned from Commercial to LARD1.5 with light manufacturing use. Centrally located to USC, Leimert Park and West Adams.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 4,528 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 | 0.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 2,400 | 1,670.836 |
| Lot Size | 4,528 | 6,152.156 |
| Price | $1.30M | $1.34M |
| Price per sq ft | $541 | $807 |
| Built year | 1947 | 1941 |
| HOA | $0 | $238 |
| Days on market | 83 | 56 |
Pricing History
Listed for Sale
Aug 18, 2026
$1,299,000
Initial Listing
Sold
Apr 8, 2016
$420,000
Public Record