
Los Angeles, California 90003
This property presents a High-Potential Investment Opportunity with a List Price of $549,999—positioned well below the $487,342 Fair Market Value by -12%. While the property requires significant rehabilitation given its Condition Rating of 5, the 5,411 square-foot lot offers substantial ADU & Expansion Potential to maximize long-term yield. Located in a strategic commuter hub within the Los Angeles Unified district, this asset is a prime candidate for Buy-and-Hold Investors or Contractors seeking a value-add project in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 315 E 91st Subject | $549,999* List Price | 2 | 2 | 800 | $609 | - |
A 437 East E 93rd Street Sold | $415,000 | 2 | 1 | 768 | $540 | 0.2 mi |
B 228 E 103 Street Sold | $455,000 | 2 | 1 | 858 | $530 | 0.8 mi |
C 424 W 95th Street Sold | $400,000 | 2 | 1 | 770 | $519 | 0.8 mi |
D 332 E 79th Street Sold | $520,000 | 2 | 1 | 1,008 | $516 | 0.9 mi |
E 200 E Century Sold | $610,000 | 2 | 1 | 893 | $683 | 0.6 mi |
F 207 E 94th Active | $576,000 List Price | 3 | 2 | 1,016 | $567 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, this 100-year-old property is explicitly marketed as a 'value add project' for investors, indicating that the kitchen, bathrooms, and major systems (HVAC/Electric) likely require full rehabilitation. The exterior photos show significant neglect and debris, and the age far exceeds the 30-year threshold for a 'poor' rating without evidence of recent modernization.
The generous 5,411 square-foot lot provides ample space for adding an Accessory Dwelling Unit (ADU) or expanding the existing 800 square-foot structure to maximize long-term property value.
Situated in a vibrant South LA neighborhood, the property offers quick access to major freeways, ensuring a seamless commute to Downtown Los Angeles, LAX, and surrounding employment hubs.
With a recent $50,000 price reduction and a solid foundation for renovation, this property presents significant equity-building potential for savvy investors or first-time buyers looking to customize their home.
At only 800 square feet, the interior living space is quite compact, which may be a drawback for larger families or those requiring significant indoor functional space.
Built in 1924, the home likely requires modernization of major systems and cosmetic updates to address deferred maintenance and meet contemporary living standards.
An incredible opportunity for first-time home buyers, downsizers, or savvy investors looking to add personal touches and build equity in a well established Los Angeles neighborhood. Featuring 2 bedrooms, 1 bathroom, and approximately 800 square feet of cozy living space on a generous 5,411 square-foot lot, this 1924 built home is brimming with classic character and offers plenty of room for outdoor entertaining, future expansion, or adding an Accessory Dwelling Unit to maximize long term value. Situated in a vibrant South LA location, residents enjoy quick and easy access to major freeway for a seamless commute to Downtown Los Angeles, LAX, and surrounding employment hubs, along with close proximity to neighborhood schools, local parks, shopping, and diverse dining options. Whether you are looking to craft your dream starter home or execute a rewarding value add project, this property provides a solid foundation with incredible upside potential in a high-demand market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 800 | 1,664.159 |
| Lot Size | 5,411 | 6,066.556 |
| Price | $550.0K | $1.35M |
| Price per sq ft | $687 | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 34 | 55 |
Aug 23, 2026
$549,999
$599,999
-8% Price Drop
Initial Listing
Aug 6, 2026
$599,999
Initial Listing
Jun 23, 2006
$225,000
Public Record
Jun 20, 2006
$70,227
Public Record