2908 Future Street, Los Angeles, California 90065, Los Angeles, 90065 - bed, bath
2908 Future Street
Los Angeles, California 90065
Property Price
SUMMARY
Analysis of 2908 Future Street, Los Angeles, California 90065 is currently available with a list price of $725,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property features two separate houses on one lot, classified as a Residential Income Duplex, offering potential for rental income or multi-generational living.
- Significant Value-Add Opportunity
Described as a 'Contractors dream' due to its distressed condition, this property presents a substantial opportunity for renovation and value appreciation.
- Historic Architectural Charm
The front house is a 1920s craftsman bungalow with many original features, appealing to buyers who appreciate historical character and unique design.
CONSRISKS & DEFICIENCIES
- Distressed Condition
The property is explicitly stated to be in 'distress condition,' necessitating extensive repairs, renovations, and a substantial capital investment from the buyer.
- Financing Limitations
The property 'will not qualify for traditional financing,' severely restricting the buyer pool to cash buyers or those with specialized renovation loans.
- Age and Potential Obsolescence
Built in 1922, the property likely has outdated systems, infrastructure, and may require significant upgrades to meet current building codes and modern living standards.
About 2908 Future Street
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 5,003 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Glassell Park Elementary School
Grades K-6 • 0.4 mi
Aragon Avenue Elementary School
Grades K-5 • 0.5 mi
Dorris Place Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,392 | 1,392 | 50% |
| Lot Size | 5,003 | 6,062 | 14% |
| Price | $725.0K | $820.0K | 14% |
| Price per sq ft | $521 | $572 | 29% |
| Built year | 1922 | 1923 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 409 | 213 | 0% |
Pricing History
Listed for Sale
Jan 23, 2026
$725,000
$749,000
-3% Price Drop
Initial Listing
Price Change
Sep 25, 2025
$749,000
$799,000
-6% Price Drop
Initial Listing
Price Change
Aug 4, 2025
$799,000
Initial Listing
Price Change
Jan 21, 2025
$950,000
Initial Listing