2910 Acresite Street, Los Angeles, California 90039, Los Angeles, 90039 - bed, bath
2910 Acresite Street
Los Angeles, California 90039
Property Price
SUMMARY
Analysis of 2910 Acresite Street, Los Angeles, California 90039 is currently available with a list price of $2,150,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1965, this property is aged. While two units feature updated kitchens, bathrooms, and flooring with modern finishes like granite countertops and laminate flooring, the majority of units are not updated. The property benefits from recent upgrades to major systems, including new electrical panels and dual-pane windows on front units, and fresh exterior paint. However, the reliance on wall/window air conditioning and the need for substantial renovation in the un-updated units to achieve full market potential place the overall condition in the 'Fair' category, requiring more than minor updates for the majority of the property.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ivanhoe Elementary School (9/10).
- High Value-Add Potential
The property offers significant investment upside with over 39% potential in gross rent collections, positioning it as a prime value-add opportunity in a rapidly developing neighborhood.
- Strategic Location & Future Growth
Located on a prominent corner lot next to the Los Angeles Riverwalk, the property is poised to benefit from the ambitious North Atwater East Bank Riverway Project, promising future appreciation and enhanced tenant appeal.
CONSRISKS & DEFICIENCIES
- Partial Unit Renovations
Only two of the units have received updated kitchens, bathrooms, and flooring, indicating that significant renovation costs will be required for the remaining units to achieve full market rent potential.
- Suboptimal Cooling System
The reliance on wall/window air conditioning rather than central air may be less appealing to modern tenants, potentially impacting comfort, marketability, and rental rates in warmer months.
- Recent Price Reduction
The property has undergone a price reduction from its original listing, which could suggest initial overpricing or a slower market response, potentially affecting perceived value or time on market.
About 2910 Acresite Street
Welcome to 2910 Acresite Street, the only apartment complex on the block! A standout opportunity in the vibrant landscape of Los Angeles real estate with riverfront VIEWS! The building features a diverse unit mix, Four – 3 Bedroom Units and One 2 bedroom, 1.5-bathroom townhouse. These configurations provide potential tenants with desirable living options, ensuring a broad appeal. Ample parking is available, with 10 assigned spaces, easing the urban parking woes of future residents. An on-site laundry room adds convenience, while the inclusion of wall/window air conditioning ensures comfort throughout the year. With a generous 4,898 square feet of living space on a 10,082 square foot lot, this property is designed to accommodate and impress. Upgrades include, new electrical panels in each unit, updated main electrical panel, updated dual pane windows on front units, fresh exterior paint. Updated kitchens, bathrooms and flooring in two of the units. Located on a prominent corner lot next to an entrance of the Los Angeles Riverwalk, this property is poised to benefit from the ambitious North Atwater East Bank Riverway Project. This project promises to transform a 2.2-mile stretch into a multi-use, accessible riverway, perfect for recreation and leisure. This enhancement not only augments the lifestyle appeal of the area but also positions the property for significant rental value appreciation. Investors will find exceptional potential here, with over a 39% upside in gross rent collections as demand in the area continues to rise. Don't miss the opportunity to capitalize on this value-add deal in one of LA's rapidly developing neighborhoods. Explore your investment potential at 2910 Acresite Street—where urban living meets strategic opportunity.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1965
- Lot Size
- 10,082 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
Atwater Avenue Elementary School
Grades K-6 • 0.4 mi
Ivanhoe Elementary School
Grades K-5 • 0.5 mi
Allesandro Elementary School
Grades K-6 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 1.5 | 50% |
| Baths | - | 1.5 | 50% |
| Square foot | 4,898 | 3,391 | 50% |
| Lot Size | 10,082 | 5,998.5 | 50% |
| Price | $2.15M | $1.65M | 50% |
| Price per sq ft | $439 | $525 | 50% |
| Built year | 1965 | 1993 | 50% |
| HOA | $0 | $94 | 50% |
| Days on market | 140 | 182 | 50% |
Pricing History
Listed for Sale
Jan 13, 2026
$2,150,000
$2,300,000
-7% Price Drop
Initial Listing
Price Change
Oct 17, 2025
$2,300,000
Initial Listing
Sold
May 3, 2022
$2,000,000
Public Record
Sold
Aug 6, 2014
$1,068,000
Public Record