341 W 88th, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 1 bath
341 W 88th
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 341 W 88th, Los Angeles, California 90003 reveals a Fairly Priced Property with a current list price of $675,000 aligned with the estimated $694,375 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 341 W 88th Subject | $675,000* List Price | 3 | 1 | 1,026 | $677 | - |
A 427 W 92nd Street Sold | $605,000 | 1 | 1 | 832 | $727 | 0.3 mi |
B 226 E 88th Active | $580,000 List Price | 3 | 1 | 984 | $589 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1927 and explicitly marketed 'as-is' with potential to 'add value, renovate,' this property is in poor condition. The exterior shows significant neglect with overgrown landscaping, faded paint, and an old, caged utility unit. The absence of interior photos, particularly of the kitchen and bathroom, strongly suggests these areas are severely outdated and require substantial rehabilitation. Major systems (plumbing, electrical, HVAC) are likely original or very old, necessitating extensive replacement or repair to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Centrally located in Los Angeles, offering excellent proximity to major freeways, public transportation, schools, shopping, and dining, enhancing convenience and accessibility.
- Investment & Value-Add Potential
Presents a significant opportunity for both owner-occupants and investors to add value through renovation, customization, or as a long-term investment in a dynamic market.
- Generous Lot Size
Features a spacious lot, providing ample room for potential expansion, landscaping, or future improvements, a valuable asset in urban Los Angeles.
CONSRISKS & DEFICIENCIES
- Sold As-Is Condition
The property is sold in its present 'as-is' condition, implying that buyers should anticipate potential needs for repairs, upgrades, or modernization.
- Limited Bathrooms
With 3 bedrooms and only 1 bathroom, this configuration may present practical challenges and could be a deterrent for larger families or those seeking more convenience.
- Age of Construction
Built in 1927, the home may require significant updates to its systems (e.g., plumbing, electrical) and aesthetics to meet modern living standards and expectations.
About 341 W 88th
Located in South Los Angeles, this single-family residence offers a great opportunity for owner-occupants or investors alike. The property features a functional floor plan and sits on a spacious lot with potential for customization or future improvements. Conveniently located near major freeways, public transportation, schools, shopping, and dining. This home is ideal for buyers looking to add value, renovate, or hold as a long-term investment in a centrally located Los Angeles neighborhood. Buyer to verify all information including square footage, permits, zoning, and intended use. Property sold in its present condition.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 3,601 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 1,026 | 1,098 | 43% |
| Lot Size | 3,601 | 5,203.5 | 19% |
| Price | $675.0K | $620.0K | 76% |
| Price per sq ft | $658 | $506 | 74% |
| Built year | 1927 | 1924 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 208 | 7% |
Pricing History
Listed for Sale
Feb 2, 2026
$675,000
Initial Listing