3451 Estrada, Los Angeles, California 90023, Los Angeles, 90023 - 3 bed, 2 bath
3451 Estrada
Los Angeles, California 90023
Property Price
SUMMARY
Analysis of 3451 Estrada, Los Angeles, California 90023 reveals a property with a current list price of $648,888, which is 20% above the estimated $539,056 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 3451 Estrada Subject | $648,888* List Price | 3 | 2 | 1,016 | $531 | - |
A 935 Esperanza Street Sold | $624,000 | 3 | 1 | 1,040 | $600 | 0.5 mi |
B 3726 Lee Street Sold | $559,000 | 2 | 1 | 1,030 | $543 | 0.6 mi |
C 3342 Beswick Street Sold | $580,000 | 3 | 2 | 1,159 | $500 | 0.3 mi |
D 1016 Spence Street Sold | $705,000 | 4 | 3 | 1,276 | $553 | 0.3 mi |
E 3334 Estrada St Pending | $599,000 List Price | 3 | 1 | 960 | $624 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1938, this property is explicitly marketed as an 'opportunity for customization, renovation, or investment' and is being sold 'as is.' The complete absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very poor, outdated, or potentially non-functional condition, requiring substantial rehabilitation. While the description mentions 'solid bones,' the age of the property and the need for 'significant investment for modernization' indicate that major systems (electrical, plumbing, HVAC) and finishes are likely original or very old, necessitating extensive repairs and updates.
PROSSTRENGTHS & OPPORTUNITIES
- Established Los Angeles Location
Situated in an established Los Angeles neighborhood (90023), offering desirable urban living and potential for community amenities.
- Significant Investment Potential
The property is highlighted as having 'strong upside' and being ideal for investment, customization, or renovation, appealing to value-add buyers.
- Solid Structural Foundation
Described with 'solid bones,' indicating good underlying structural integrity, which can reduce concerns about major foundational repairs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4254, other record lot size in square feet = 4200.
- Sold As-Is Condition
Being sold 'as is' implies the seller will not make repairs, potentially exposing buyers to unforeseen costs for necessary upgrades or maintenance.
- Limited Marketing Information
The current listing states 'More details and photos coming soon,' which may deter potential buyers due to a lack of comprehensive visual and descriptive information.
About 3451 Estrada
Great opportunity to own a home with strong upside in an established Los Angeles neighborhood. This property offers solid bones and plenty of potential for customization, renovation, or investment. Ideal for buyers looking to add value and make it their own. Property is being sold as is. More details and photos coming soon.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 4,254 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 2.0 | 1.0 | 57% |
| Square foot | 1,016 | 1,040 | 38% |
| Lot Size | 4,254 | 4,946 | 29% |
| Price | $648.9K | $635.0K | 52% |
| Price per sq ft | $639 | $543 | 76% |
| Built year | 1938 | 1922 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 200 | 5% |
Pricing History
Listed for Sale
Jan 27, 2026
$648,888
Initial Listing
Sold
Apr 4, 1996
$149,000
Public Record