325 Museum Dr, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 1 bath
ACTIVE$525,000
325 Museum Dr, Los Angeles, California 90065
2Beds
1Bath
567Sqft
4,485Lot
Year Built
1924
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$926
HOA
-
Days on market
-
Sold On
-
MLS number
IG25217897
Home ConditionTear down
Features
Good View: City Lights
ViewCity Lights
About this home
Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $525.0K(2th), sqft - 567(3th), beds - 2(35th), baths - 1(21th).
This property is being sold in its present condition, with no warranties expressed or implied. Drive-by only — do not disturb occupants. The home is centrally located in the heart of Los Angeles, within walking distance to shopping, transportation, and major highways. Property will not qualify for traditional financing. Investors welcome. Home will be sold with current occupants in place.
Nearby schools
7/10
Mt. Washington Elementary School
Public,•K-6•0.5mi
3/10
Aldama Elementary School
Public,•K-6•0.7mi
6/10
Latona Avenue Elementary School
Public,•K-6•0.7mi
2/10
Aragon Avenue Elementary School
Public,•K-5•1.0mi
4/10
Loreto Street Elementary School
Public,•K-5•1.1mi
5/10
Buchanan Street Elementary School
Public,•K-6•1.3mi
5/10
Toland Way Elementary School
Public,•K-6•1.5mi
4/10
Glassell Park Elementary School
Public,•K-6•1.7mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.2mi
6/10
Luther Burbank Middle School
Public,•6-8•1.9mi
7/10
Benjamin Franklin Senior High School
Public,•6-12•1.1mi
7/10
Eagle Rock High School
Public,•7-12•2.3mi
Price History
Date
Event
Price
09/15/25
Listing
$525,000
05/04/06
Sold
$290,000
Condition Rating
Tear down
Built in 1924, this property is nearly 100 years old. The listing explicitly states it 'will not qualify for traditional financing,' which is a strong indicator of significant structural, safety, or habitability issues that render it unlendable by standard institutions. The exterior images show a severely dilapidated structure with an old, worn roof, weathered siding, and general neglect, consistent with a property that has not undergone major renovations in decades. The combination of age, visible disrepair, and the inability to secure traditional financing suggests the structure is beyond economical repair, and its value is primarily in the land.
Pros & Cons
Pros
Prime Central Location: The property boasts a central Los Angeles location, offering excellent walkability to shopping, transportation, and major highways.
Desirable Neighborhood: Situated in the highly sought-after Mount Washington area, known for its community appeal and potential for appreciation.
City Lights View: The property offers attractive city lights views, enhancing its aesthetic appeal and potential market value.
Investment Opportunity: Explicitly marketed to investors, indicating potential for value-add, rental income, or redevelopment in a prime location.
Access to Quality Schools: Proximity to several well-rated public schools, including Mt. Washington Elementary and Benjamin Franklin Senior High, is a strong draw for families.
Cons
Significant Financing Hurdles: The property will not qualify for traditional financing, severely limiting the buyer pool to cash buyers or those with specialized lending options.
Occupancy and Access Issues: Sold with current occupants in place and restricted to 'drive-by only' viewings, posing considerable challenges for inspection, purchase, and future possession.
As-Is Condition & Age: Built in 1924 and sold 'as-is' with no warranties, indicating a high likelihood of requiring substantial renovation and capital investment for modernization and repairs.