2554 Santa Ana S, Los Angeles, California 90059, Los Angeles, 90059 - 4 bed, 2 bath

2554 Santa Ana S, Los Angeles, California 90059 home-pic-0
ACTIVE$499,999
2554 Santa Ana S, Los Angeles, California 90059
4Beds
2Baths
1,121Sqft
3,134Lot

Price Vs. Estimate

The estimated value ($474,046.485) is $25,952.515 (5%) lower than the list price ($499,999). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Compton Early College High (9/10).
Top Cons:
Requires Extensive Renovation: The property is presented as a 'blank canvas' needing 'some TLC,' indicating significant capital investment will be required for remodel and upgrades to unlock its full potential.

Compared to the nearby listings

Price:$500.0K vs avg $610.0K ($-110,001)17%
Size:1,121 sqft vs avg 1,164 sqft47%
Price/sqft:$446 vs avg $50626%

More Insights

Built in 1956 (69 years old).
Condition: The property, built in 1956, is explicitly marketed as a 'blank canvas for remodel, reconfiguration' and needing 'some TLC,' with the listing analysis noting it 'Requires Extensive Renovation.' The absence of any interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very poor, outdated, and likely non-functional condition, requiring complete overhaul. The converted living room and garage also indicate potential non-conforming issues. This aligns with the 'poor' criteria of requiring substantial repairs and rehabilitation, as major components and finishes are likely at the end of their lifespan.
Year Built
1956
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$446
HOA
-
Days on market
-
Sold On
-
MLS number
DW25240703
Home ConditionPoor
Features
View-

About this home

Calling all investors and savvy buyers! This property offers strong potential with two separate living spaces under one roof. The home features 4 bedrooms, 2 bathrooms, and 1,121 sq. ft. of living area on a 3,134 sq. ft. lot, maximizing every inch of space. The front unit includes 4 bedrooms and 1 bath (living room and garage converted into bedrooms), while the rear unit—with its own private alley entrance—features 2 bedrooms, 1 bath, and a full kitchen. This setup is ideal for rental income, multigenerational living, or redevelopment into a high-yield investment property. This property is offering a blank canvas for remodel, reconfiguration, or ADU development. With some TLC, investors can unlock substantial value and long-term cash flow. Picture Credit: Quinn Media

Nearby schools

5/10
Ritter Elementary School
Public,K-50.2mi
5/10
Lincoln Elementary School
Public,K-50.6mi
3/10
Grape Street Elementary School
Public,K-50.7mi
2/10
Weigand Avenue Elementary School
Public,K-50.7mi
5/10
Martin Luther King Elementary School
Public,PK-60.8mi
6/10
Montara Avenue Elementary School
Public,K-61.0mi
2/10
Lovelia P. Flournoy Elementary School
Public,K-51.1mi
5/10
Lindbergh Elementary School
Public,K-61.2mi
4/10
Stanford Avenue Elementary School
Public,K-51.3mi
3/10
Compton Avenue Elementary School
Public,K-51.4mi
3/10
One Hundred Twelfth Street Elementary School
Public,K-51.5mi
4/10
Ninety-Second Street Elementary School
Public,K-61.5mi
7/10
Willow Elementary
Public,K-51.6mi
3/10
Ninety-Sixth Street Elementary School
Public,K-61.7mi
2/10
One Hundred Ninth Street Elementary School
Public,K-52.0mi
4/10
Judith F. Baca Arts Academy
Public,K-62.0mi
4/10
One Hundred Sixteenth Street Elementary School
Public,K-52.1mi
5/10
Ninety-Ninth Street Elementary School
Public,K-62.1mi
4/10
Griffin Avenue Elementary School
Public,K-59.4mi
2/10
Bunche Middle School
Public,6-80.8mi
2/10
Southeast Middle School
Public,6-81.0mi
2/10
Lincoln Elementary School
Public,K-71.1mi
3/10
Edwin Markham Middle School
Public,6-81.2mi
2/10
Cesar Chavez Middle School
Public,6-81.3mi
5/10
Willowbrook Middle School
Public,6-81.4mi
3/10
Carver Elementary School
Public,PK-81.5mi
3/10
Lynwood Middle School
Public,7-81.7mi
1/10
Charles Drew Middle School
Public,6-82.3mi
2/10
Samuel Gompers Middle School
Public,6-82.9mi
2/10
David Starr Jordan Senior High School
Public,9-120.8mi
6/10
South East High School
Public,9-121.0mi
9/10
Compton Early College High
Public,9-121.4mi
3/10
Centennial High School
Public,9-122.0mi
4/10
Lynwood High School
Public,9-122.0mi
4/10
Marco Antonio Firebaugh High School
Public,9-122.6mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,6-122.8mi
3/10
John C. Fremont Senior High School
Public,9-123.6mi

Price History

Date
Event
Price
12/09/93
Sold
$115,000
Condition Rating
Poor

The property, built in 1956, is explicitly marketed as a 'blank canvas for remodel, reconfiguration' and needing 'some TLC,' with the listing analysis noting it 'Requires Extensive Renovation.' The absence of any interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very poor, outdated, and likely non-functional condition, requiring complete overhaul. The converted living room and garage also indicate potential non-conforming issues. This aligns with the 'poor' criteria of requiring substantial repairs and rehabilitation, as major components and finishes are likely at the end of their lifespan.
Pros & Cons

Pros

Great Schools: High School: Compton Early College High (9/10).
Dual Income/Multi-Generational Living Potential: The property features two separate living spaces (4 bed/1 bath front, 2 bed/1 bath rear with full kitchen) under one roof, ideal for rental income or multi-generational families.
Strong Investment Opportunity: Explicitly marketed to investors and savvy buyers, highlighting potential for high-yield returns, substantial value unlock, and long-term cash flow.
Value-Add Potential: Described as a 'blank canvas for remodel, reconfiguration, or ADU development,' offering significant upside for buyers willing to invest in improvements.
Private Rear Unit Access: The rear unit benefits from its own private alley entrance, enhancing its independence and rental appeal.
Accessible Price Point for Los Angeles: A list price of $499,999 offers a relatively affordable entry into the Los Angeles market for an investment property with multiple units and value-add potential.

Cons

Requires Extensive Renovation: The property is presented as a 'blank canvas' needing 'some TLC,' indicating significant capital investment will be required for remodel and upgrades to unlock its full potential.
Non-Conforming Space Conversions: The front unit's living room and garage have been converted into bedrooms, which may lead to functional compromises, potential permitting issues, or a less traditional layout.
Small Lot Size: The 3,134 sq. ft. lot is relatively small, which may limit outdoor living space, privacy, and future expansion beyond the existing structure or ADU.

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