2908 Future Street, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 2 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, indicating severe structural and systemic issues. The images confirm extreme disrepair throughout both units, including dilapidated kitchens with no functional appliances, peeling paint, water damage, and heavily worn flooring. The property is unlivable in its current state, and its value is primarily in the land and redevelopment potential, aligning with the 'tear-down' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property features two separate houses and a detached two-car garage on one lot, offering significant rental income potential or flexible multi-generational living arrangements.
- Significant Renovation Opportunity
Described as a 'contractor's dream' in 'distress condition,' this property presents a substantial value-add opportunity for an investor or developer to undertake extensive renovations and maximize its potential.
- Historic Craftsman Charm
The front house is a 1920s craftsman bungalow retaining many original features, appealing to buyers seeking architectural character and historical charm.
CONSRISKS & DEFICIENCIES
- Distress Condition & Extensive Renovation Required
The property is explicitly in 'distress condition,' indicating a need for substantial and costly repairs and renovations, which will be a major undertaking for any buyer.
- Ineligibility for Traditional Financing
Due to its condition, the property 'will not qualify for traditional financing,' severely limiting the buyer pool to cash buyers or those with specialized loan products.
- Age-Related System Obsolescence
Built in 1922, the property likely requires comprehensive updates to its core systems (e.g., plumbing, electrical, roofing) and may involve remediation of older materials, adding to renovation costs.
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
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
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 | 2.0 | - | 57% |
| Baths | 2.0 | - | 57% |
| Square foot | 1,395 | 1,395 | 50% |
| Lot Size | 5,003 | 6,062 | 14% |
| Price | $725.0K | $820.0K | 14% |
| Price per sq ft | $520 | $572 | 29% |
| Built year | 1922 | 1923 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 394 | 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
Feb 5, 2025
$950,000
Initial Listing