2749 Live Oak Street, Huntington Park, California 90255, Huntington Park, 90255 - 6 bed, 4 bath
ACTIVE$869,900
2749 Live Oak Street, Huntington Park, California 90255
6Beds
4Baths
1,320Sqft
4,793Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Income Potential: As a triplex with bonus living space, the property is explicitly designed for generating passive income and is ideal for investors seeking immediate returns.
Top Cons:
Historic Age & Potential for Extensive Renovation: Built in 1919, the property is likely to require substantial updates to its systems, infrastructure, and aesthetics, incurring significant renovation costs and effort.
Compared to the nearby listings
Price:$869.9K vs avg $750.0K (+$119,900)73%
Size:1,320 sqft vs avg 1,910 sqft13%
Price/sqft:$659 vs avg $36793%
More Insights
Built in 1919 (106 years old).
Condition: The property was built in 1919, making it over 100 years old. The listing description explicitly states it's a 'value-add home' requiring 'customization' and a 'vision,' which strongly indicates that substantial repairs and rehabilitation are needed. The complete absence of interior photos, particularly for a 6-bed, 4-bath property, is a significant red flag, suggesting the kitchen, bathrooms, and other interior spaces are severely outdated, in poor condition, and require full renovation. While it's currently income-generating, its age and the 'value-add' nature imply that major systems and finishes are very old and will require significant investment to meet modern standards and comfort.
Year Built
1919
Close
-
List price
$870K
Original List price
$900K
Price/Sqft
$659
HOA
-
Days on market
-
Sold On
-
MLS number
SB25046857
Home ConditionPoor
Features
ViewNeighborhood
About this home
Discover the potential of this versatile single-family home, offering expanded living space and excellent income-generating opportunities. With bonus living space on the lot, this is conveniently used as additional passive income. This property is perfect for multi-generational living, rental income, or future value-add customization. Situated on a spacious R2 lot, there’s plenty of room to expand, customize, or build to suit your needs. Come with a vision and see the countless opportunities to expand the home’s functionality. Situated in a desirable location, this property is close to shopping, dining, schools, and major freeways, making it ideal for both homeowners and investors. Don’t miss this opportunity to own this value-add home with built-in income potential.
Nearby schools
3/10
Walnut Park Elementary School
Public,•K-5•0.3mi
5/10
Miles Avenue Elementary School
Public,•K-5•0.4mi
5/10
Hope Street Elementary School
Public,•K-5•0.6mi
4/10
Liberty Boulevard Elementary School
Public,•K-5•0.7mi
4/10
State Street Elementary School
Public,•K-5•0.7mi
7/10
Willow Elementary
Public,•K-5•1.1mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,•6-8•0.6mi
3/10
Henry T. Gage Middle School
Public,•6-8•0.7mi
2/10
Southeast Middle School
Public,•6-8•1.8mi
4/10
Huntington Park Senior High School
Public,•9-12•1.1mi
6/10
South East High School
Public,•9-12•1.8mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•3.2mi
Price History
Date
Event
Price
11/18/92
Sold
$916,363
Condition Rating
Poor
The property was built in 1919, making it over 100 years old. The listing description explicitly states it's a 'value-add home' requiring 'customization' and a 'vision,' which strongly indicates that substantial repairs and rehabilitation are needed. The complete absence of interior photos, particularly for a 6-bed, 4-bath property, is a significant red flag, suggesting the kitchen, bathrooms, and other interior spaces are severely outdated, in poor condition, and require full renovation. While it's currently income-generating, its age and the 'value-add' nature imply that major systems and finishes are very old and will require significant investment to meet modern standards and comfort.
Pros & Cons
Pros
Exceptional Income Potential: As a triplex with bonus living space, the property is explicitly designed for generating passive income and is ideal for investors seeking immediate returns.
Flexible R2 Zoning & Expansion Opportunity: The spacious R2 lot provides significant potential for future expansion, customization, or even additional development, maximizing long-term value and versatility.
Ideal for Multi-Generational Living: With 6 bedrooms and 4 bathrooms across multiple units, it perfectly accommodates multi-generational families seeking independent yet connected living spaces.
Strategic Location: Situated in a desirable area with convenient access to essential amenities including shopping, dining, schools, and major freeways, enhancing its appeal to both residents and tenants.
Value-Add Investment with Price Adjustment: Positioned as a 'value-add' property, it offers significant upside potential through customization and improvements, further sweetened by a recent price reduction from its original list price.
Cons
Historic Age & Potential for Extensive Renovation: Built in 1919, the property is likely to require substantial updates to its systems, infrastructure, and aesthetics, incurring significant renovation costs and effort.
Compact Living Spaces: With 1320 sqft distributed among 6 bedrooms and 4 bathrooms across a triplex, individual living areas may be quite small, potentially limiting comfort or appeal for some occupants.
Requires Significant Vision & Capital: The property is marketed as a 'value-add' opportunity, indicating it's not turn-key and will demand a buyer with a clear vision and the financial capacity for extensive customization and upgrades.