3443 3445 9th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 0 bed, 0 bath
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Los Angeles, California 90018
This Residential Income Asset represents a High-Potential Investment Opportunity with a List Price of $729,000, positioned at its $729,000 Fair Market Value, reflecting a stable entry point for the submarket. Currently holding a Condition Rating of 5, the property offers immense forced appreciation potential through submitted plans to expand the structure into an 8-bedroom, 6-bathroom complex. Located in the historic Jefferson Park/West Adams HPOZ, the site features exceptional parking capacity for six vehicles. This is a strategic acquisition for Buy-and-Hold Investors or Developers targeting high-density rental yields.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3443 3445 9th Avenue Subject | $729,000* List Price | 0 | 0 | 1,825 | $399 | - |
A 3644 10th Avenue Sold | $611,725 | 4 | 2 | 1,438 | $425 | 0.2 mi |
B 3644 10th Avenue Sold | $611,725 | 0 | 0 | 1,438 | $425 | 0.2 mi |
C 2511 Exposition Active | $814,900 List Price | 0 | 0 | 1,800 | $453 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1903, this property is significantly aged and shows substantial wear. The kitchen and bathrooms feature outdated styles, old cabinetry, and aged appliances. The listing is primarily marketed as a 'value-add' development opportunity with submitted plans for a massive expansion, suggesting the current state requires major rehabilitation and system updates to meet modern living standards.
The property includes submitted plans to expand the existing structure and add ADUs, potentially transforming the site into an 8-bedroom, 6-bathroom investment with substantially higher rental yield.
Situated in the desirable Jefferson Park/West Adams area, the property offers excellent proximity to USC, Downtown LA, and Culver City, ensuring high rental demand and long-term appreciation.
In a dense urban area where parking is a premium, this property accommodates up to six vehicles, providing a major competitive advantage for attracting and retaining tenants.
Located within an HPOZ, any exterior renovations or the proposed expansions may face strict architectural guidelines and a more rigorous city approval process, potentially increasing development costs.
The presence of long-term tenants in a strict rent-controlled market like Los Angeles may limit immediate cash flow growth and complicate the execution of the proposed value-add construction.
Great opportunity to add to or start your investment portfolio. This property has long term tenants, a Main house and 2 units in the rear, there is a parking area at the front house that can accommodate 3 autos and 3 parking spots behind & side of the rear units. Potential value ad with parking being scarce. Seller has submitted plans to the city & add a second level to main house an ADU & Jr ADU totaling 8 bedrooms and 6 baths.Strong Central LA Location within the Jefferson Park/ West Adams Area, and historic and well-established community in South LA. The area is well known for early 20th century homes and historic preservation Overlay Zone (HPOZ) in parts of the area. This appeals to people who appreciate architectural character & neighborhood identity. Easy access and commute to Downtown LA, Koreatown, USC, Culver City and surrounding employment hubs. the 10 and 110 freeways, Jefferson Blvd and Western Ave. Predominantly residential area with a mix of single-family homes and small multifamily properties. Increasing interest by investors and owner users.Strong rantal demand driven by central location and transit access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,825 | 2,386 | 29% |
| Lot Size | 5,600 | 6,077 | 29% |
| Price | $729.0K | $780.0K | 41% |
| Price per sq ft | $399 | $425 | 41% |
| Built year | 1903 | 1923 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 151 | 41% |
Feb 14, 2026
$729,000
$785,000
-7% Price Drop
Initial Listing
Jan 23, 2026
$785,000
Initial Listing