
Los Angeles, California 90003
This Value-Add Residential Asset is listed at $625,000, positioned near its $597,687 Fair Market Value. Featuring a high 5-bedroom count and versatile R2 Zoning, the property presents a clear path to forced appreciation through renovation. Currently holding a Poor Condition Rating, the 1,404 square foot structure on a 5,176 sqft lot requires significant TLC but offers the footprint necessary for a high-yield rental or multi-unit conversion. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a project with strong development upside in the Metropolitan South market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 327 E 101st Street Subject | $625,000* List Price | 5 | 2 | 1,404 | $443 | - |
A 323 E 102nd St. Sold | $650,000 | 4 | 2 | 1,402 | $464 | 0.1 mi |
B 347 E 97th St Sold | $550,000 | 3 | 2 | 1,634 | $337 | 0.3 mi |
C 144 W 101st Street Sold | $600,000 | 3 | 1 | 1,100 | $545 | 0.4 mi |
D 358 E Colden Avenue Active Under Contract | $650,000 List Price | 3 | 1 | 1,183 | $549 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980 and described as a 'fixer' requiring 'significant TLC' and 'extensive repairs,' this property shows substantial deferred maintenance. The listing explicitly states it is sold 'as-is' and requires a substantial capital investment for rehabilitation, fitting the criteria for poor condition due to the age and need for major system and cosmetic updates.
The R2 zoning on a 5,176 sqft lot offers significant value-add opportunities, including the potential to build a second unit or an ADU for additional income.
With five bedrooms, this property is ideal for large families or investors looking to maximize rental yield in a high-demand metropolitan area.
As a fixer-upper with strong upside potential, this property allows buyers to build immediate equity through strategic renovations and modernization.
The property is sold in 'as-is' condition and requires significant TLC, which will necessitate a substantial upfront capital investment for rehabilitation.
Fitting five bedrooms into 1,404 square feet suggests that individual room sizes are likely small, which may limit functional space and appeal for some buyers.
Spacious 5-bedroom, 2-bath fixer offering strong upside potential. Ideal for a large family or investor seeking value-add. Generous layout with room to customize or renovate. Convenient location near schools, freeways, and local amenities. Property sold as-is. Need TLC. R2 zoning
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,404 | 1,098 | 76% |
| Lot Size | 5,176 | 5,191 | 50% |
| Price | $625.0K | $614.5K | 55% |
| Price per sq ft | $445 | $523 | 26% |
| Built year | 1980 | 1923 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 201 | 17% |
Mar 4, 2026
$625,000
$637,000
-2% Price Drop
Initial Listing
Jan 27, 2026
$637,000
Initial Listing