330 E Colden Avenue, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
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Los Angeles, California 90003
This Value-Add Single Family Residence is listed at $450,000, priced fairly relative to its $445,487 Fair Market Value. The property represents a strategic opportunity for forced appreciation through significant renovation and modernization. With a Condition Rating of 5, the 1928 home requires a substantial capital outlay to address deferred maintenance and update the unpermitted bonus rooms and aging systems. The 5,102 sqft lot and original architectural character, including coved ceilings, provide a solid foundation for expansion within the Los Angeles Unified School District. This project is ideal for Fix-and-Flip Investors or Contractors to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 330 E Colden Avenue Subject | $450,000* List Price | 2 | 1 | 1,381 | $293 | - |
A 224 E 98th Sold | $425,000 | 3 | 1 | 1,096 | $388 | 0.2 mi |
B 347 E 97th St Sold | $550,000 | 3 | 2 | 1,634 | $337 | 0.0 mi |
C 214 E 85th Street Pending | $369,000 List Price | 2 | 1 | 1,203 | $307 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928, this property is explicitly marketed as a 'value-add' renovation project with significant deferred maintenance and unpermitted bonus rooms. While it retains some original architectural character like coved ceilings and wood flooring, the listing indicates a need for substantial capital investment to modernize the kitchen, bathroom, and major systems which are well beyond their expected lifespan.
Priced competitively for the Los Angeles market, this property offers a prime opportunity for investors or developers to build equity through renovation, expansion, or complete redevelopment.
The 1928 construction features charming period details such as coved ceilings, a decorative fireplace, and original wood flooring that provide a solid aesthetic foundation for restoration.
With a separate dining room, eat-in kitchen, and additional bonus rooms, the floor plan offers more functional space and flexibility than a standard two-bedroom home.
The inclusion of unpermitted bonus rooms may present challenges with traditional financing, insurance coverage, and potential future code enforcement requirements.
The property is positioned as a renovation project, implying that significant additional investment will be required to modernize the home and address potential deferred maintenance.
Fantastic opportunity for investors or buyers looking for a value-add property! Located at 330 E Colden Ave, this 2 bedroom, 1 bath Single Family home offers tremendous potential for renovation, expansion, or redevelopment. Behind a secure wrought-iron gate, the home welcomes you with a charming living room featuring coved ceilings, a decorative fireplace, and candle-style wall sconces. A separate dining room with coved ceilings and a kitchen with an eat-in area provide a functional layout, while wood flooring throughout most of the home adds warmth and character. The property also includes several unpermitted bonus rooms, offering additional space and flexibility for the right buyer. Whether you're looking to restore, reimagine, or expand, this home is ready for your vision. Come see the possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,381 | 1,098 | 74% |
| Lot Size | 5,102 | 5,184.5 | 45% |
| Price | $450.0K | $607.5K | 17% |
| Price per sq ft | $326 | $523 | 12% |
| Built year | 1928 | 1923 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 149 | 201 | 31% |
Nov 24, 2025
$450,000
Initial Listing