281 E Avenue 33, Los Angeles, California 90031, Los Angeles, 90031 - 3 bed, 3 bath
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Los Angeles, California 90031
Investors or Contractors."
* *Wait, I'll change the second buyer type to "Developers" to avoid repetition.*
"...ideal acquisition for <span class="text-blue-600 font-bold">Fix-and-Flip Investors</span> or <span class="text-purple-600 font-bold">Developers</span>."
* *Final check on the paragraph:*
"This **1895 Victorian Fixer-Upper** is a prime <span class="text-blue-600 font-bold">Fix-and-Flip Investors</span> asset in Los Angeles. Listed at **$959,000**, the property sits above the **$860,605 Fair Market Value**, reflecting its **panoramic skyline views** and historical pedigree. Carrying a **Condition Rating: 5**, the structure requires a total restoration of its **1,809 sqft** interior. Bordering **Montecito Heights Open Space**, the **5,954 sqft lot** offers significant **ROI potential**. Though local schools vary, the area provides access to **South Pasadena Senior High (9/10)**. This is an ideal acquisition for <span class="text-blue-600 font-bold">Fix-and-Flip Investors</span> or <span class="text-purple-600 font-bold">Developers</span>."
* *Word count:* 97 words
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 281 E Avenue 33 Subject | $959,000* List Price | 3 | 3 | 1,809 | $476 | - |
A 133 W Avenue 31 Sold | $685,000 | 3 | 2 | 1,768 | $387 | 0.4 mi |
B 545 E Avenue 28 Sold | $730,000 | 2 | 2 | 1,228 | $594 | 0.2 mi |
C 541 E Avenue 39 Sold | $1,117,000 | 3 | 4 | 1,890 | $591 | 0.4 mi |
D 127 E Avenue 45 Sold | $765,000 | 3 | 2 | 1,426 | $536 | 0.8 mi |
E 2700 Lincoln Park Avenue Active | $765,000 List Price | 3 | 1 | 1,470 | $520 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1895 Victorian is marketed as a developer/flipper opportunity and requires a total rehabilitation. The interior shows significant deferred maintenance, including exposed ceiling joists, outdated surface-mounted electrical conduit, and primitive kitchen and bathroom facilities. The listing's requirement for cash, 203(k), or construction financing indicates the property likely fails to meet basic habitability standards for traditional lending.
Middle School: South Pasadena Middle School (9/10). High School: South Pasadena Senior High School (9/10).
Built in 1895, this rare Victorian treasure retains significant original character, including hardwood floors, vintage windows, and timeless architectural details.
With a history of functioning as a duplex and a layout suited for reimagining, this property offers a prime opportunity for developers and flippers to maximize ROI.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1809, other record living area = 1359. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
The requirement for Cash, 203(k), Construction, or Hard Money loans indicates the property may not qualify for traditional conventional financing.
Marketed specifically to developers and flippers, the home likely requires a substantial capital investment to address deferred maintenance and modernization.
Step into 1895 and discover a rare Victorian treasure. Only the second time on the market for more than 70 years. This property is set up as a house, and yet it was functioning as a Duplex for decades. Perfect opportunity for developers and flippers, prime location, endless potential, and ready to be reimagined for maximum return. This 3-bedroom, 3-bath home overflows with original character, hardwood floors, vintage windows, and timeless architectural charm. Tucked away on a quiet cul-de-sac, it backs up to a road and offers mountain and downtown skyline views in a peaceful, park-like setting. The garden, patios, and outdoor entertaining areas invite you to enjoy nature right at your doorstep, bordering Montecito Heights Open Space and hiking trails. Just minutes from Highland Park, Debs Park, and Heritage Square Museum. Parking for two cars. A one-of-a-kind opportunity to own a true piece of Los Angeles history. *** This property will need to be purchased with Cash, a 203(k) Loan, Construction Financing, or a hard money loan. ***
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,809 | 1,431.5 | 73% |
| Lot Size | 5,954 | 4,967.5 | 73% |
| Price | $959.0K | $956.5K | 50% |
| Price per sq ft | $530 | $703 | 23% |
| Built year | 1895 | 1926 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 166 | 31% |
Jan 28, 2026
$959,000
Initial Listing
May 26, 2022
$1,005,000
Public Record