2446 Meadowvale, Los Angeles, California 90031, Los Angeles, 90031 - 2 bed, 1 bath
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Los Angeles, California 90031
Analysis of 2446 Meadowvale, Los Angeles, California 90031 is currently available with a list price of $699,000. 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.
The property was built in 1936 (88 years old) with no evidence of renovations. The listing explicitly states 'investors only' and 'in need of work,' while photos show significant exterior neglect, rusted structures, and overgrown vegetation, suggesting the value lies primarily in the land.
Priced specifically for investors and requiring work, this property offers a significant opportunity to build equity through a comprehensive renovation in a high-demand market.
Situated in the Lincoln Heights area (90031), the property provides excellent proximity to Downtown Los Angeles and major transit corridors, ensuring strong future resale value.
At $699,000, the listing represents a rare entry-level price point for a detached single-family residence in Los Angeles, making it an attractive target for developers.
The property is explicitly listed as needing work and is restricted to investors, indicating substantial capital expenditure will be required for rehabilitation.
As a probate listing requiring court confirmation, the transaction involves a more complex and potentially lengthier closing process compared to standard residential sales.
Investors only. Property is in need of work. Probate listing needing court confirmation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,041 | 1,672 |
| Lot Size | 5,002 | 6,067 |
| Price | $699.0K | $1.37M |
| Price per sq ft | $671 | $801 |
| Built year | 1936 | 1939 |
| HOA | $0 | $348 |
| Days on market | 21 | 56 |
Jul 1, 2026
$699,000
Initial Listing
Aug 26, 1964
$6,500
Public Record