
Los Angeles, California 90065
This property presents a High-Potential Investment Opportunity with a List Price of $520,000—positioned well below the $533,482 Fair Market Value by 2%. This valuation gap offers $13,482 in Instant Equity. Featuring a Condition Rating of 6, this asset requires significant renovation and is restricted to drive-by viewings. Located in the desirable Mount Washington area with Scenic City Views, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Cash-Ready Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 325 Museum Subject 2 bd · 1 ba · 567 sqft · $963 | $520,000* List Price | 2 | 1 | 567 | $963 | - |
A 466 Museum Sold 1 bd · 1 ba · 546 sqft · $1,007 · 0.3 mi | $550,000 | 1 | 1 | 546 | $1,007 | 0.3 mi |
B 416 Museum Drive Active 2 bd · 1 ba · 576 sqft · $1,033 · 0.2 mi | $595,000 List Price | 2 | 1 | 576 | $1,033 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1924 (>50 years old) with no evidence of renovation. The listing states it will not qualify for traditional financing and is a 'drive-by only' cash/investor sale with occupants in place, indicating severe deferred maintenance, potential structural issues, and value primarily in the land.
Situated in the highly desirable Mount Washington neighborhood, the property offers a central Los Angeles location with proximity to major highways and top-rated schools like Mt. Washington Elementary.
Priced at $520,000, this property represents a rare entry-level price point for the area, offering substantial equity potential for investors prepared to handle a full renovation.
The property features sought-after city light views, a premium feature in the Los Angeles hillside market that significantly enhances long-term resale value.
The home is sold with occupants in place and is restricted to drive-by viewings only, creating high risk regarding the interior condition and potential legal hurdles for possession.
The property does not qualify for traditional financing, limiting the buyer pool to all-cash investors or those with access to specialized hard-money lending.
This property is being sold in its present condition,with no warranties expressed or implied. Drive-by only-do not disturb occupant. The home is centrally located in the heart of Los Angeles.Transportation, and major highways. Property will not quality for traditional financing. Investors welcome.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 567 | 1,670.836 |
| Lot Size | 4,485 | 6,152.156 |
| Price | $520.0K | $1.34M |
| Price per sq ft | $917 | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 48 | 56 |
Sep 22, 2026
$520,000
Initial Listing
May 4, 2006
$290,000
Public Record