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2602 Onyx Drive, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath

2602 Onyx Drive, Los Angeles, California 90032 home-pic-0
ACTIVE$575,000
2602 Onyx Drive, Los Angeles, California 90032
2Beds
1Bath
682Sqft
6,713Lot
Year Built
1925
Close
-
List price
$575K
Original List price
$600K
Price/Sqft
$843
HOA
-
Days on market
-
Sold On
-
MLS number
WS25214822
Home ConditionTear down
Features
Good View: City Lights, Trees/Woods
Patio
ViewCity Lights,Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,5 Pros. Rank: price - $575.0K(7th), sqft - 682(5th), beds - 2(38th), baths - 1(38th).

Welcome to 2602 Onyx Drive — a hidden gem nestled in the hills of one of Northeast LA’s most desirable and rapidly evolving neighborhoods, Lincoln Heights. Set on a generous 6,713 sq ft lot in the sought-after 90032 ZIP code, this charming 2-bedroom, 1-bath residence offers endless opportunity to reimagine, renovate, or expand. Originally built in 1925, the home exudes classic character and potential — ready for a thoughtful transformation to suit today’s modern lifestyle. Whether you’re a homeowner seeking a creative project, an investor looking for upside, or a developer envisioning new possibilities, the spacious lot provides room to grow and the chance to create something truly special. Enjoy a location that perfectly blends urban convenience and hillside tranquility, just moments from Dodger Stadium, Downtown LA, Chinatown, and local favorites like The Heights Deli and Tierra Mia Coffee. Outdoor enthusiasts will love being near Ernest E. Debs Regional Park, Hermon Dog Park, and Lincoln Heights’ vibrant mix of cafes, culture, and community. With easy access to major freeways and public transit, 2602 Onyx Drive offers a rare opportunity to build equity and add value in one of LA’s most promising hillside neighborhoods. Bring your vision and make this hidden hillside treasure your own. Call me today!

Price History

Date
Event
Price
11/30/25
Price Change
$575,000-4.2%
09/12/25
Listing
$599,985
Condition Rating
Tear down
Built in 1925, this property shows clear signs of having no major renovations in the past 50 years, aligning perfectly with the 'tear-down' criteria. The images reveal an extremely outdated and dilapidated interior, particularly in the kitchen with its ancient appliances, worn flooring, and peeling paint. The living areas also exhibit significant disrepair. The MLS description itself emphasizes 'endless opportunity to reimagine, renovate, or expand' and calls it a 'creative project' requiring 'thoughtful transformation' and 'significant investment in renovation and modernization,' strongly suggesting the existing structure is largely a liability and the value lies in the land and redevelopment potential.
Pros & Cons

Pros

Development Potential: The generous 6,713 sq ft lot offers significant opportunity for expansion, renovation, or complete reimagination, appealing to investors and homeowners seeking to add substantial value.
Prime & Evolving Location: Situated in the desirable and rapidly evolving Lincoln Heights, the property boasts hillside tranquility with excellent urban proximity to Downtown LA, Dodger Stadium, and local amenities.
Scenic Views: The property features desirable City Lights and Trees/Woods views, enhancing its aesthetic appeal and potential for a premium lifestyle.
Classic Architectural Character: Built in 1925, the home retains classic character, offering a unique foundation for a thoughtful restoration or modern transformation while preserving its historical charm.
Excellent Accessibility & Local Amenities: Enjoy easy access to major freeways and public transit, coupled with proximity to parks (Ernest E. Debs Regional Park) and a vibrant local community of cafes and culture.

Cons

Small Current Living Space: With only 682 sq ft, the existing 2-bedroom, 1-bath residence is considerably small, potentially limiting appeal for buyers seeking larger living areas without immediate expansion.
Extensive Renovation Required: The 1925-built home is presented as a 'creative project' requiring 'thoughtful transformation,' indicating a need for significant investment in renovation and modernization to meet contemporary standards.
Valuation Discrepancy: The current listing price of $575,000 is notably higher than the estimated property value of $495,347, suggesting a potential overpricing that could impact buyer interest or negotiation.

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