2693 Merced Street, Los Angeles, California 90065, Los Angeles, 90065 - 7 bed, 4 bath
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2693 Merced Street
Los Angeles, California 90065
ACTIVE
CONDITION: FAIR
7Beds
4Baths
2,390Sq Ft
3,950Lot Size
Property Price
LIST PRICE$1,300,000
SUMMARY
Analysis of 2693 Merced Street, Los Angeles, California 90065 is currently available with a list price of $1,300,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property consists of a 1907 original structure with additions and copper piping updates dating back to the late 1990s (approximately 25-30 years ago). While functional and currently configured for multi-family living, the age of the renovations suggests the kitchens, baths, and systems are dated and will require modernization and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- High Income Potential
The property features a multi-unit configuration with separate entrances, including a 3-bedroom front unit and a permitted 4-bedroom ADU, making it an ideal opportunity for rental income or multi-generational living.
- Prime Central Location
Strategically located near the 5 and 110 freeways, the property offers exceptional accessibility to Downtown Los Angeles, Chinatown, Little Tokyo, and Koreatown, appealing to urban commuters.
- Updated Infrastructure
Despite its 1907 origins, the property includes significant additions from the late 1990s and features newer copper piping throughout, reducing the immediate risk of common plumbing issues in older homes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3950, other record lot size in square feet = 4004.
- High Density on Small Lot
With 7 bedrooms and 4 bathrooms packed into 2,390 square feet on a 3,950 square foot lot, the property lacks significant outdoor space and may feel cramped for the number of occupants it can house.
- Aged Primary Structure
The original portion of the home dates back to 1907, which may present ongoing maintenance challenges and architectural inconsistencies compared to the newer permitted additions.
About 2693 Merced Street
This large property situated within close proximity of the 5 and 110 freeway, and within minutes of the various - towns of Los Angeles (Downtown LA, Chinatown, Little Tokyo, Korea Town, etc.) offers separate units and entrances, for your large family, or extended family to live. The front unit ( 2691 Merced St ) features 3 Bedrooms and 1 Bath, with 9 feet tall ceilings throughout, also, offers an open kitchen and living space. The permitted lower middle, and upper unit of the property was added in the late 1990s with newer copper piping throughout the entire property. The back unit was modified to a ADU with it's own mailing address 2693 Merced Street ( 4 bedrooms & 2 bathrooms
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 3,950 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Aragon Avenue Elementary School
Grades K-5 • 0.2 mi
2/10
Loreto Street Elementary School
Grades K-5 • 0.5 mi
4/10
Dorris Place Elementary School
Grades K-6 • 0.8 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,390 | 1,664.159 |
| Lot Size | 3,950 | 6,066.556 |
| Price | $1.30M | $1.35M |
| Price per sq ft | $544 | $806 |
| Built year | 1907 | 1939 |
| HOA | $0 | $278 |
| Days on market | 12 | 55 |
Pricing History
Listed for Sale
Aug 28, 2026
$1,300,000
Initial Listing
Sold
Oct 28, 2014
$433,000
Public Record