3000 Cazador, Los Angeles, California 90065, Los Angeles, 90065 - 0 bed, 0 bath
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Los Angeles, California 90065
This High-Capacity Value-Add Asset presents a Prime Investment Opportunity with a List Price of $1,499,000—positioned below the $1,543,822 Fair Market Value by 2%. This valuation gap provides $44,822 in Instant Equity. Featuring a massive 12-bedroom layout and 5,170 sqft of interior space, the property carries a Condition Rating of 5, necessitating comprehensive rehabilitation of its aging 1922 infrastructure. Its Mixed-Use sub-type and private patio offer significant ROI potential for specialized housing or residential care. This is a strategic acquisition for Institutional Operators or Value-Add Investors.
Property is extensive renovation needed.
Built in 1922 and previously used as a high-capacity care facility, the property shows significant physical depreciation and aging infrastructure. The kitchen and bathrooms feature outdated, institutional-grade fixtures, and the interior is characterized by worn flooring, drop ceilings, and exposed utility lines. The listing explicitly states that extensive renovations and repairs are required to restore functionality, fitting the criteria for a property needing substantial rehabilitation.
With 12 bedrooms and 6 bathrooms across 5,170 square feet, the property offers exceptional scale and income potential for residential care or specialized housing.
Situated in the desirable Glassell Park area, the property provides convenient access to major freeways, public transit, and essential retail services, ideal for staff and residents.
The property's mixed-use designation and history as a licensed facility provide a unique foundation for various commercial operations or multi-unit redevelopment.
The property requires significant repairs and modernization to become operational, necessitating a substantial upfront capital investment for any buyer.
Originally constructed in 1922, the building likely requires comprehensive updates to its core systems to comply with modern building codes and safety regulations.
HUGE PRICE REDUCTION! Attention Builders, Investors, and Developers! Don't miss this exceptional opportunity to own a property with tremendous upside and the potential for two dwellings (buyer to verify with the appropriate authorities).This unique property previously operated as a 12-bedroom, 6-bathroom residential care facility serving individuals with disabilities from the early 1990s until February 2023. Ideally located near public transportation, shopping centers, grocery stores, and major freeways, the property offers convenient access to everyday amenities and services. With its generous layout and multiple bedrooms and bathrooms, this property presents a rare investment opportunity with strong potential for future use. While the property will require repairs and updates to become operational again, it offers significant upside and income potential for the right buyer. Whether you're looking to restore it as a care facility, renovate it into an income-producing asset, or explore the potential to develop two dwellings (buyer to verify), this is an outstanding opportunity in a highly desirable location. Act now—this major price reduction makes this one of the best value-add opportunities on the market!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 5,170 | 2,864 |
| Lot Size | 11,562 | 7,003 |
| Price | $1.30M | $1.58M |
| Price per sq ft | $251 | $319 |
| Built year | 1922 | 1929 |
| HOA | $0 | $907 |
| Days on market | 110 | 91 |
Jul 9, 2026
$1,299,000
$1,499,000
-13% Price Drop
Initial Listing
Apr 3, 2026
$1,499,000
Initial Listing
Oct 25, 2001
$523,000
Public Record