2411 Exposition Place, Los Angeles, California 90018, Los Angeles, 90018 - bed, 1 bath

2411 Exposition Place, Los Angeles, California 90018 home-pic-0

2411 Exposition Place

Los Angeles, California 90018

ACTIVE
CONDITION: POOR
0Beds
1Baths
2,400Sq Ft
4,528Lot Size

Property Price

LIST PRICE$1,399,000
EST. MARKET VALUE
$1,307,260
7% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,307,260
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2411 Exposition Place
Subject
$1,399,000*
List Price
12,400$545-
A
3763 Hepburn Avenue
Pending
$1,058,000
List Price
321,736$6090.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property is a 1947 brick warehouse shell being marketed as a residential conversion. It lacks a functional kitchen, residential-grade bathrooms, and finished flooring or living spaces. To be habitable as a single-family residence, it requires a complete overhaul of all major systems, seismic retrofitting, and a full interior build-out.

PROSSTRENGTHS & OPPORTUNITIES

  • Architectural Character

    The property features an iconic bow truss ceiling and classic brick construction, offering a highly desirable aesthetic for creative conversions or modern industrial-style living.

  • Versatile Usage Rights

    As a legal non-conforming warehouse with light manufacturing use, the property offers rare flexibility for live/work setups, food/beverage processing, or creative studios.

  • Development Potential

    The LARD1.5 zoning provides a significant opportunity to redevelop the site into a primary residence plus two ADUs, maximizing the utility and density of the lot.

CONSRISKS & DEFICIENCIES

  • Zoning and Financing Hurdles

    The legal non-conforming status and down-zoning to LARD1.5 may complicate traditional residential financing and require specialized permitting for specific renovations.

  • Substantial Conversion Costs

    Currently configured as a warehouse with minimal residential amenities, transforming the space into a functional home or modern facility will require a significant capital investment.

  • Seismic and Systemic Updates

    Given the 1947 brick construction, the building likely requires seismic retrofitting and comprehensive updates to electrical and plumbing systems to meet current safety codes.

About 2411 Exposition Place

The world is your oyster and here is your shell. Legal non-conforming brick warehouse in a residential neighborhood. Down zoned from Commercial to LARD1.5 with light manufacturing use. Endless possibilities in this brick building with an iconic bow truss ceiling. Use as a SFR, work/live space, tear down and build a home and 2 ADU's or use for light manufacturing. Light manufacturing involves producing consumer-oriented goods with lower energy consumption, smaller footprints and less raw material intensity compared to heavy industry. Key types include food/beverage processing, textiles, electronics assembly, furniture making, printing, and small-scale metalworking, often focusing on assembly and finishing. Combine all these possibilities along with the expansive rear space and you have an anomaly not to be missed. 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
-
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds-3.0
2%
Baths1.02.0
38%
Square foot2,4001,514
81%
Lot Size4,5285,805.5
19%
Price$1.40M$853.5K
90%
Price per sq ft$583$580
50%
Built year19471913
92%
HOA$0$0
50%
Days on market24200
2%

Pricing History

Listed for Sale

Feb 10, 2026

$1,399,000

Initial Listing

Sold

Apr 8, 2016

$420,000

Public Record

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