2908 Future Street, Los Angeles, California 90065, Los Angeles, 90065 - 0 bed, 0 bath
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Los Angeles, California 90065
This property presents a High-Potential Investment Opportunity with a List Price of $705,000—positioned well below the $447,506 Fair Market Value by -57%. Featuring a Condition Rating of 6, this Residential Income Duplex requires a full-scale renovation to unlock its potential. The lot includes a 1920s craftsman bungalow and a detached two-car garage, offering significant value-add potential for Buy-and-Hold Investors or Contractors. With its distressed status, this asset is strictly for cash buyers seeking a major project in a well-connected Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2908 Future Street Subject | $705,000* List Price | 0 | 0 | 1,392 | $321 | - |
A 634 Romulo Street Active | $800,000 List Price | 0 | 0 | 1,276 | $627 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1922, this property is explicitly described as being in 'distress condition' and 'will not qualify for traditional financing.' The images confirm severe neglect and damage throughout both units. Kitchens and bathrooms are completely dilapidated, non-functional, and require full gut renovation or replacement. The property is unlivable in its current state, and the extensive repairs needed suggest its value is primarily in the land, aligning with the 'tear-down' criteria.
The property features two separate houses on one lot, classified as a Residential Income Duplex, offering potential for rental income or multi-generational living.
Described as a 'Contractors dream' due to its distressed condition, this property presents a substantial opportunity for renovation and value appreciation.
The front house is a 1920s craftsman bungalow with many original features, appealing to buyers who appreciate historical character and unique design.
The property is explicitly stated to be in 'distress condition,' necessitating extensive repairs, renovations, and a substantial capital investment from the buyer.
The property 'will not qualify for traditional financing,' severely restricting the buyer pool to cash buyers or those with specialized renovation loans.
Built in 1922, the property likely has outdated systems, infrastructure, and may require significant upgrades to meet current building codes and modern living standards.
Contractors dream, two houses and detached garage on lot. Front house is 1920's craftsman bungalow with many original features. Its a one bedroom, one bathroom, separate dining room, laundry room and attic/loft space. Back house is one bedroom and one bathroom, possible access off of alley. There is also a separate two car garage. Home is in distress condition and will not qualify for traditional financing.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,392 | 2,250 |
| Lot Size | 5,003 | 5,864 |
| Price | $705.0K | $826.7K |
| Price per sq ft | $506 | $395 |
| Built year | 1922 | 1925 |
| HOA | $0 | $0 |
| Days on market | 547 | 83 |
Apr 2, 2026
$705,000
$725,000
-3% Price Drop
Initial Listing
Jan 23, 2026
$725,000
$749,000
-3% Price Drop
Initial Listing
Sep 25, 2025
$749,000
$799,000
-6% Price Drop
Initial Listing
Aug 4, 2025
$799,000
Initial Listing
Jan 21, 2025
$950,000
Initial Listing