
Los Angeles, California 90065
This Fixer-Upper Asset in Glassell Park represents a high-utility Value-Add Opportunity for seasoned professionals. Listed at $730,000, the property is priced competitively relative to its $717,803 Fair Market Value, reflecting the intense demand within this Los Angeles submarket. While currently holding a Poor Condition Rating, the expansive 7,620 sq ft lot provides significant room for ADU potential or a primary residence expansion. Featuring Peek-A-Boo Views and a detached garage, this property is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to force appreciation.
Property is extensive renovation needed.
The property, built in 1948, is explicitly described as a 'fixer-upper' and is being sold 'as-is condition. No contingencies. No repairs, no termite or retrofitting.' This indicates a need for substantial repairs and rehabilitation, including potential issues with structural integrity or safety (implied by 'no termite or retrofitting'). While the single exterior image doesn't show interior conditions, the overall description strongly suggests that major components, including the kitchen and bathroom, are likely in original or very poor condition and require extensive renovation. It is not considered a 'tear-down' as the description mentions 'tremendous potential' for additions to the main house, implying the structure is salvageable, but it is far from move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7620, living area = 768.
Situated in Glassell Park, described as 'one of LA's hottest neighborhoods,' offering strong market appeal and potential for appreciation.
A large 7,618 sq ft lot provides ample space for additions to the main house or the construction of an Accessory Dwelling Unit (ADU), enhancing future value.
Explicitly stated as a 'fixer-upper' and sold 'as-is condition. No contingencies. No repairs, no termite or retrofitting,' implying substantial immediate investment for repairs and upgrades.
With only 768 sqft, the current living area is relatively small for a 2-bedroom home, which may not suit all buyer needs without significant expansion.
The listing price of $730,000 is 10% higher than the estimated property value of $653,651, potentially making it less competitive given its 'as-is' condition and required renovations.
Amazing opportunity on the market for the first time in one of LA's hottest neighborhoods. Tucked away down a private driveway and hidden from the street, this charming fixer-upper in the hills of Glassell Park truly is a diamond in the rough with tremendous potential. You will enjoy Peek-A-Boo views from both levels and a large 7618 sq ft lot which offers endless options for additions on the main house, an ADU, etc. The 2 car garage has a workspace down stairs and offers more creative options. Property is sold as-is condition. No contingencies. No repairs, no termite or retrofitting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 1.0 | 2.5 | 17% |
| Square foot | 768 | 1,660.5 | 5% |
| Lot Size | 7,620 | 5,796.5 | 77% |
| Price | $730.0K | $1.24M | 4% |
| Price per sq ft | $951 | $766 | 76% |
| Built year | 1948 | 1951 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 693 | 174 | 0% |
No pricing history data available.