
Los Angeles, California 90018
This Value-Add Investment Asset represents a Strong Value Opportunity with a List Price of $650,000—positioned well below the $711,360 Fair Market Value by 8%. This valuation gap provides $61,360 in Instant Equity for buyers prepared for a full rehabilitation. Despite its Condition Rating of 5, the oversized 7,402 sq. ft. lot and patio offer massive development potential near USC and the top-rated Foshay Learning Center. This cash-only acquisition is a strategic play for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3100 Brighton Subject | $650,000* List Price | 3 | 2 | 1,400 | $508 | - |
A 3011 Brighton Sold | $653,000 | 2 | 2 | 1,542 | $423 | 0.1 mi |
B 1605 W 35th Sold | $650,000 | 2 | 1 | 1,400 | $464 | 0.3 mi |
C 3667 Cimarron Sold | $600,000 | 3 | 1 | 1,134 | $529 | 0.9 mi |
D 3612 S Gramercy Place Active | $565,000 List Price | 2 | 1 | 984 | $574 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 and marketed specifically to investors and flippers, this property is over 70 years old with no evidence of recent renovations. The 'cash only' and 'as-is' requirements, combined with the dated interior and weathered exterior, indicate that the home requires a full rehabilitation of systems, kitchen, and baths.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7402, living area = 1400.
Situated just minutes from USC, Exposition Park, and Downtown LA, the property is located in a high-demand area with excellent accessibility to major employment hubs and freeways.
The oversized 7,400 sq. ft. lot is a rare find in this urban pocket, providing significant potential for expansion, ADU development, or a complete luxury rebuild.
The requirement for cash-only offers excludes traditional homebuyers and limits the buyer pool strictly to investors with immediate liquidity.
Sold in as-is condition and marketed toward flippers, the property likely requires a total renovation or significant structural repairs, necessitating a large secondary capital budget.
Attention investors, flippers, and developers — Just minutes from USC, this 3-bedroom, 2-bath single-family home sits on a large 7,400 sq. ft. lot surrounded by historic million-dollar homes. The location alone makes this standout. Conveniently located near USC, Exposition Park, Downtown LA, and major freeways. Cash offers only. Property will be sold as is.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,400 | 1,542 | 40% |
| Lot Size | 7,402 | 5,805 | 91% |
| Price | $650.0K | $935.0K | 18% |
| Price per sq ft | $464 | $594 | 24% |
| Built year | 1952 | 1914 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 176 | 2% |
Apr 27, 2026
$650,000
Initial Listing