3451 Estrada, Los Angeles, California 90023, Los Angeles, 90023 - 3 bed, 2 bath
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Los Angeles, California 90023
This Value-Add Residential Asset is listed at $648,888, offering a strategic acquisition opportunity in an established Los Angeles neighborhood near the $601,263 Fair Market Value. Boasting a functional 3-bedroom, 2-bathroom layout and a Condition Rating of 4, the home features "solid bones" but requires modernization of its vintage infrastructure to meet current market standards. The "as-is" status and significant renovation potential provide a clear path for forced appreciation. This is an ideal project for Fix-and-Flip Investors or Contractors seeking a high-upside investment in the Los Angeles Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3451 Estrada Subject | $598,888* List Price | 3 | 2 | 1,016 | $575 | - |
A 3334 Estrada St Sold | $590,000 | 3 | 1 | 960 | $615 | 0.2 mi |
B 1153 Euclid Sold | $490,000 | 3 | 2 | 1,147 | $427 | 0.5 mi |
C 1139 Euclid Avenue Sold | $675,000 | 3 | 2 | 1,251 | $540 | 0.5 mi |
D 3726 Lee Street Sold | $559,000 | 2 | 1 | 1,030 | $543 | 0.6 mi |
E 1178 Spence Street Sold | $710,000 | 3 | 1 | 1,358 | $523 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, this property is functional but shows clear signs of age and deferred maintenance. While the kitchen and bathrooms have received some updates in the past (such as granite-style counters and a tiled shower), the overall interior features dated wood paneling, worn flooring, and visible wall damage. The listing's 'as-is' status and description of 'strong upside' indicate that while the home is habitable, it requires modernization of its vintage infrastructure and cosmetic repairs to meet current market standards.
The property offers significant upside for investors or buyers looking to build equity through renovation and customization in a competitive Los Angeles market.
Despite the modest square footage, the 3-bedroom, 2-bathroom layout is highly desirable for families and provides better rental or resale versatility than smaller configurations.
Located in a long-standing Los Angeles community, the property benefits from a central location with proximity to urban amenities and employment centers.
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.
The property is being sold in as-is condition, which likely implies deferred maintenance and the need for immediate capital expenditure for repairs.
Built in 1938, the home may require costly updates to major systems such as plumbing, electrical, and HVAC to meet modern building codes and efficiency standards.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 59% |
| Square foot | 1,016 | 1,030 | 47% |
| Lot Size | 4,254 | 5,006 | 24% |
| Price | $598.9K | $598.9K | 50% |
| Price per sq ft | $589 | $558 | 53% |
| Built year | 1938 | 1922 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 130 | 144 | 41% |
Apr 7, 2026
$598,888
$648,888
-8% Price Drop
Initial Listing
Jan 27, 2026
$648,888
Initial Listing
Apr 4, 1996
$149,000
Public Record