
Los Angeles, California 90018
This Value-Add Investment Asset is listed at $930,000, reflecting a strategic location premium near USC and Exposition Park. Although priced above the $844,830 Fair Market Value, the property’s expansive 7,102 sq ft lot and Condition Rating of 5 offer substantial upside for forced appreciation via ADU construction or student housing conversion. The 1905-built structure requires comprehensive infrastructure updates but benefits from proximity to top-rated schools like Foshay Learning Center. This is a high-potential acquisition for Fix-and-Flip Investors or Developers targeting the high-demand 90018 corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2801 Brighton Avenue Subject | $930,000* List Price | 4 | 2 | 1,946 | $434 | - |
A 3011 Brighton Sold | $653,000 | 2 | 2 | 1,542 | $423 | 0.2 mi |
B 2648 Brighton Avenue Sold | $820,000 | 4 | 2 | 2,425 | $338 | 0.1 mi |
C 2947 S Hobart Boulevard Sold | $755,000 | 2 | 1 | 1,646 | $459 | 0.4 mi |
D 2171 W 26th Place Sold | $825,000 | 2 | 1 | 2,148 | $384 | 0.7 mi |
E 2656 S Hobart Boulevard Sold | $825,000 | 3 | 1 | 1,640 | $503 | 0.3 mi |
F 2817 S La Salle Ave Sold | $835,000 | 3 | 2 | 1,576 | $530 | 0.2 mi |
G 1970 S La Salle Avenue Active | $825,000 List Price | 6 | 2 | 2,444 | $338 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1905, this property is over a century old. The listing description heavily emphasizes its investment potential and lot size for future development (ADU), rather than the current condition of the home itself. Crucially, there are no interior images provided, especially of the kitchen and bathrooms, which strongly suggests these areas are in very dated and poor condition, requiring substantial renovation. The property analysis also notes its 'advanced age' and the likelihood of needing 'significant updates to its infrastructure, systems (plumbing, electrical), and overall condition.' While the exterior appears maintained, the interior and core systems are almost certainly in a state that requires extensive repairs and rehabilitation to meet modern living standards.
The property's prime location minutes from USC, Exposition Park, USC Village, and the Metro E Line ensures high rental demand and tenant appeal, making it ideal for student housing.
Explicitly marketed as an 'exceptional investment opportunity' with 'strong rental demand' and 'income-generating asset' potential, suitable for long-term growth.
A generous 7,100+ sq ft lot offers ample space for expansion, adding an Accessory Dwelling Unit (ADU), or outdoor enhancements, increasing future value.
Built in 1905, the property likely requires significant updates to its infrastructure, systems (plumbing, electrical), and overall condition, potentially incurring substantial renovation costs.
While the lot offers ADU/expansion possibilities, the 'buyer to verify' clause indicates these opportunities are not guaranteed and require extensive due diligence, adding risk and potential delays.
The description lacks specific details regarding the property's current state or recent renovations, suggesting it may be in original or dated condition, necessitating immediate capital expenditure for modernization or repairs.
Exceptional investment opportunity just minutes from USC! This expansive 4-bedroom, 2-bathroom residence offers approximately 1,946 sq ft of living space on a generous 7,100+ sq ft lot, blending classic charm with incredible potential. Perfectly positioned near USC, Exposition Park, USC Village, and the Metro E Line, the home is ideally suited for student housing, rental income, or future development. The flexible layout provides multiple living configurations, while the large lot opens up opportunities for expansion, an ADU, or outdoor enhancements (buyer to verify). With strong rental demand in the area and easy access to downtown Los Angeles, major freeways, and public transit, this property checks every box for long-term growth and immediate cash flow. Don’t miss your chance to own a versatile, income-generating asset in a dynamic and evolving neighborhood. Schedule your private showing today!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,946 | 1,542 | 76% |
| Lot Size | 7,102 | 5,805 | 88% |
| Price | $930.0K | $875.0K | 51% |
| Price per sq ft | $478 | $594 | 29% |
| Built year | 1905 | 1913 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 197 | 182 | 59% |
Feb 28, 2026
$930,000
$980,000
-5% Price Drop
Initial Listing
Oct 7, 2025
$980,000
Initial Listing