2927 Asbury, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 1 bath
Loading property details...
2927 Asbury
Los Angeles, California 90065
ACTIVE
CONDITION: TEAR DOWN
3Beds
1Baths
792Sq Ft
5,301Lot Size
Property Price
LIST PRICE$600,000
EST. MARKET VALUE
$548,364
9% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well above the $585,389 Fair Market Value. While the property requires a full renovation due to its Condition Rating of 6, the 5,301 sq ft lot and scenic mountain views offer significant upside for forced appreciation. This asset is a blank canvas for those capable of managing a complete transformation. It is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in the desirable Cypress Park neighborhood.
Estimated Market Value
$548,364
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2927 Asbury Subject 3 bd · 1 ba · 792 sqft · $692 | $600,000* List Price | 3 | 1 | 792 | $692 | - |
A 3324 Thorpe Sold 2 bd · 1 ba · 912 sqft · $636 · 0.6 mi | $580,000 | 2 | 1 | 912 | $636 | 0.6 mi |
B 4223 Camino Real Active Under Contract 2 bd · 1 ba · 936 sqft · $832 · 0.9 mi | $779,000 List Price | 2 | 1 | 936 | $832 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1922 (>50 years old) with no evidence of renovation. The listing explicitly states it is a 'true fixer-upper' ready for a 'complete transformation,' and interior photos show unlivable conditions with significant debris and neglected systems.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Potential
Located in the high-demand Cypress Park neighborhood, this property serves as a blank canvas for investors or contractors to build significant equity through a full renovation and modernization.
- Generous Lot Size
The 5,301 square foot lot provides ample space for potential expansion, outdoor living areas, or the addition of an ADU, offering versatility rarely found at this price point in Northeast LA.
- Scenic Mountain Views
Situated on a quiet residential street, the property features beautiful mountain and neighborhood views, enhancing the future resale value and overall aesthetic appeal of the site.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Marketed as a 'true fixer-upper' in its present condition, the home requires a complete transformation, which will necessitate a substantial capital investment for repairs and upgrades.
- Cramped Living Layout
With only 792 square feet of living space distributed across three bedrooms and just one bathroom, the current floor plan is undersized and functionally obsolete for modern family standards.
About 2927 Asbury
Opportunity in the heart of Cypress Park! Located in one of Northeast Los Angeles’ desirable residential neighborhoods, this 3-bedroom, 1-bath home offers approximately 792 sq ft and is ready for a complete transformation. A true fixer-upper and an excellent opportunity for investors, contractors, or buyers looking to renovate and create a home of their own. Situated on a calm residential street with beautiful mountain views, the property offers great potential in a neighborhood known for its convenient location and strong community feel. Bring your vision, creativity, and contractor — this property is being sold in its present condition and is ready for a full renovation. A great opportunity to reimagine a home in Cypress Park while taking advantage of everything Northeast Los Angeles has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 5,301 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Aragon Avenue Elementary School
Grades K-5 • 0.4 mi
2/10
Glassell Park Elementary School
Grades K-6 • 0.5 mi
4/10
Dorris Place Elementary School
Grades K-6 • 0.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 792 | 1,670.836 |
| Lot Size | 5,301 | 6,152.156 |
| Price | $600.0K | $1.34M |
| Price per sq ft | $758 | $807 |
| Built year | 1922 | 1941 |
| HOA | $0 | $238 |
| Days on market | 53 | 56 |
Pricing History
Listed for Sale
Oct 14, 2026
$600,000
$649,999
-8% Price Drop
Initial Listing
Price Change
Oct 10, 2026
$649,999
$700,000
-7% Price Drop
Initial Listing
Price Change
Sep 22, 2026
$700,000
Initial Listing
Price Change
Sep 17, 2026
$650,000
Initial Listing