2660 Newell Street, Los Angeles, California 90039, Los Angeles, 90039 - 5 bed, 3 bath
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Los Angeles, California 90039
Analysis of 2660 Newell Street, Los Angeles, California 90039 is currently available with a list price of $985,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 extensive renovation needed.
The property was built in 1964 (60 years old) and shows no evidence of recent renovations. The kitchen features highly dated dark wood cabinetry and old tile flooring likely exceeding 30-40 years in age, indicating the home and its systems are in need of a comprehensive rehab.
The property features two separate, free-standing homes on a single lot, providing a rare opportunity for multi-generational living, co-buying, or significant rental income potential in a high-demand area.
Situated in the vibrant 'Frog Town' neighborhood of Elysian Park, the home offers immediate access to the LA River biking and hiking paths and is conveniently located just 10 minutes from Sunset Boulevard.
The residence is located only 0.27 miles from Allesandro Elementary School, which boasts a high rating of 8/10, making it an attractive option for families prioritizing quality education.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5452, other record lot size in square feet = 5384.
The front house is currently occupied, which may complicate immediate move-in plans for owner-occupants or require navigating Los Angeles tenant relocation processes.
As a probate sale, the property is likely to be sold in its current condition, which may necessitate additional capital for modernizing the 1964 construction and addressing deferred maintenance.
2 separate homes on 1 lot. IF you buy this property with a friend or family member, you can each own your own "free standing home" for less than $499,000. This is located in the vibrant area of "Frog Town" in Elysian Park. the front house is 2 bedrooms and 1 bath, and is occupied, the rear house is 3 bedrooms and 2 baths, built in 1964. This is a Probate sale but does NOT need court confirmation. This is 10 mins from Sunset Blvd.. and Alvarado, close to the 2 and the 5 freeways and Riverside DR., the LA River is at the end of the street with the biking and hiking path
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,064 | 1,672 |
| Lot Size | 5,452 | 6,067 |
| Price | $985.0K | $1.37M |
| Price per sq ft | $477 | $801 |
| Built year | 1964 | 1939 |
| HOA | $0 | $348 |
| Days on market | 28 | 56 |
Jun 26, 2026
$985,000
$995,000
-1% Price Drop
Initial Listing
Jun 24, 2026
$995,000
Initial Listing