346 N Fickett Street, Los Angeles, California 90033, Los Angeles, 90033 - 2 bed, 1 bath
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Los Angeles, California 90033
This Mixed-Use Value-Add Asset is listed at $699,999, currently positioned near its $659,592 Fair Market Value. This 1895 Craftsman carries a Poor Condition Rating, requiring a comprehensive rehabilitation to address deferred maintenance and unpermitted additions. However, the property’s Mixed-Use Zoning and prime location 10 minutes from Downtown Los Angeles offer a unique path for forced appreciation and high rental demand. With ample parking and significant square footage potential, this "diamond in the rough" is a strategic acquisition for Fix-and-Flip Investors or Developers looking to capitalize on the Boyle Heights market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 346 N Fickett Street Subject | $699,999* List Price | 2 | 1 | 1,228 | $537 | - |
A 2618 Gleason Avenue Sold | $600,000 | 3 | 1 | 1,033 | $581 | 0.3 mi |
B 2500 Verde Street Sold | $605,000 | 2 | 1 | 1,047 | $578 | 0.9 mi |
C 2600 E 2nd Active | $599,000 List Price | 3 | 1 | 1,234 | $485 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1895, this property is a 'diamond in the rough' requiring substantial repairs and rehabilitation. The kitchen features very dated oak cabinets, old appliances, and fluorescent lighting, indicating a need for a full renovation. The bathroom is extremely outdated with an old vanity and stained tub/shower, also requiring a complete overhaul. The interior shows significant wear, dated flooring, and incomplete paint jobs, consistent with extensive deferred maintenance. The presence of unpermitted structures further complicates and adds to the cost of rehabilitation, aligning with the 'poor' condition criteria.
The property is zoned for mixed use (light commercial and residential), offering significant flexibility for various business ventures or live/work opportunities.
Situated in the heart of Boyle Heights, just 10 minutes from Downtown Los Angeles, providing excellent access to fine dining, cultural attractions, shopping, and public transportation.
Explicitly marketed as an 'investor's dream' with 'so much potential,' indicating a strong value-add opportunity for renovation and future appreciation.
The owner states multiple unpermitted bedrooms, bathrooms, and an entire attic apartment, posing significant legal, financial, and permitting risks for the buyer.
There are significant differences between the MLS listed beds/baths/sqft and the owner's statements, requiring extensive buyer due diligence to verify actual property specifications.
The property is tenant-occupied with 'drive by only' viewing restrictions, severely limiting a buyer's ability to thoroughly inspect the interior and potentially complicating the transaction or future plans.
An investor's Dream! Large craftsman home with plenty of parking and so much potential! Do not let this diamond in the rough pass you by. This property is zoned for mixed use; light commercial and residential. This property is situated in the heart of Boyle Heights in the City of Los Angeles, 10 minutes from Downtown Los Angeles where you can find fine dining, museums, and The Disney Concert Hall. You are one step away from shopping, grocery stores, eateries and public transportation. The owner states that the house has a total of 4 bedrooms, 2 baths and he is unaware of any permits for 2 of the bedrooms and 1 bathroom. The owner also states that the attic has been converted to an un-permitted 2 bedroom, 1 bath apartment. He is unaware of any permits for the attic conversion. Buyer to do their due diligence and verify existence of permits, square footage, zoning, etc., Please do not bother the tenants. Drive by only. Call the Listing Agent for an appointment to view the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 1,228 | 1,123.5 | 60% |
| Lot Size | 6,245 | 6,830 | 40% |
| Price | $700.0K | $640.0K | 60% |
| Price per sq ft | $570 | $574 | 50% |
| Built year | 1895 | 1922 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 204 | 10% |
Jan 1, 2026
$699,999
$750,000
-7% Price Drop
Initial Listing
Dec 29, 2025
$750,000
Initial Listing
Aug 19, 1999
$115,000
Public Record