2602 Onyx Drive, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath
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Los Angeles, California 90032
This Residential Development Asset is listed at $510,000, representing a stable entry point at its $510,000 Fair Market Value. Currently holding a Condition Rating of 5, the property requires a total rehabilitation but offers massive upside via its 6,713 sqft hillside lot and Hill and Neighborhood Views. Located in the evolving Lincoln Heights market near Debs Park, the site provides ample space for a significant expansion or ADU addition to force appreciation. This high-upside project is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2602 Onyx Drive Subject | $510,000* List Price | 2 | 1 | 682 | $748 | - |
A 3117 Amethyst Street Sold | $400,000 | 2 | 1 | 548 | $730 | 0.4 mi |
B 3117 Amethyst Active | $450,000 List Price | 2 | 1 | 548 | $821 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925, this property is in original or severely neglected condition and requires a total rehabilitation. The kitchen and interior spaces feature outdated fixtures, peeling paint, and worn flooring, while the exterior stucco shows visible cracking. The listing explicitly markets the home as a renovation project or development opportunity, indicating that major systems and structural elements likely require significant investment to meet modern habitability standards.
The generous 6,713 sq ft lot provides ample space for a substantial home expansion or the addition of an ADU, offering rare flexibility for a property in this hillside community.
Situated in the evolving Lincoln Heights neighborhood, the property offers easy access to Highland Park, Debs Park, and major freeways, placing it in a high-demand area for growth.
Marketed as a 'hidden gem' ready for renovation, this property presents a strategic opportunity for investors or developers to capture significant equity through a value-add project.
The property is positioned as a full renovation project, implying that it likely requires significant capital expenditure to address its 1925-era condition and structural needs.
At only 682 square feet, the current living space is exceptionally small for a two-bedroom residence, which may limit its appeal to traditional buyers without a costly expansion.
2602 Onyx Drive — a 2-bedroom, 1-bath hidden hillside gem ready for renovation in Lincoln Heights with a generous lot size of 6,713 sq ft offering the perfect canvas for a savvy buyer, investor or developer in one of Northeast LA’s evolving hillside communities. The surrounding area nestled in nature, the home captures cool, refreshing breezes and continues to see thoughtful reinvestment and growing interest, making this an excellent opportunity to add value or strategic addition to your investment portfolio. Endless potential to renovate, re-imagine, or restore. Conveniently located near Debs Park and hiking, Dodger Stadium, The Heights Deli, Tierra Mia Coffee, Highland Park and a vibrant mix of neighborhood cafés and local favorites. Easy access to major freeways. Opportunities like this are rare—don’t miss your chance to secure a property with long-term potential and upside in a desirable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 682 | 1,223 | 8% |
| Lot Size | 6,713 | 5,427.5 | 76% |
| Price | $510.0K | $862.5K | 6% |
| Price per sq ft | $748 | $698 | 64% |
| Built year | 1925 | 1942 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 178 | 16% |
Apr 18, 2026
$510,000
$535,000
-5% Price Drop
Initial Listing
Feb 11, 2026
$535,000
Initial Listing