
Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $565,000—positioned well above the $548,522 Fair Market Value by -3%. With a Condition Rating of 6, the 1914 structure is at the end of its functional life, shifting the focus to the 3,681 SqFt Lot and its potential for an ADU or home extension. Located in El Sereno with City Lights views, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to maximize land utility.
Property is land value only, full reconstruction required.
Built in 1914 (110 years old) with no mention of renovations. The listing description emphasizes the land value and the potential for an ADU or home extension rather than the current 600 sqft structure, indicating it is likely at the end of its functional life.
The generous 3,681 sqft lot provides a significant opportunity for a home extension or the addition of an ADU, allowing buyers to maximize the property's utility and value.
Situated in the established El Sereno neighborhood, the property offers excellent proximity to major freeways and Downtown LA, making it highly desirable for commuters.
The property features city light views, adding a premium aesthetic element that enhances the overall appeal and marketability of the home.
At only 600 square feet with a single bedroom and bathroom, the current interior footprint is very restrictive and may not meet the needs of most modern buyers.
Built in 1914, this century-old structure likely requires substantial updates to its core systems and infrastructure to meet contemporary building standards.
Here we have an amazing opportunity to own your own property in the long established neighborhood of El Sereno. A 1 Bedroom, 1 Bathroom home clocking in at 600 SqFt on a generous 3,681 SqFt Lot, this property is perfect for someone looking to make use of the abundant land. Whether a Home Extension, or an ADU, the choice is yours to make! Conveniently located near Major Freeways, with easy access to Downtown LA and the surrounding Northeast LA Communities, this is a wonderful home to start your humble journey of homeownership! Call me and schedule an appointment today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 600 | 1,672 |
| Lot Size | 3,681 | 6,067 |
| Price | $565.0K | $1.37M |
| Price per sq ft | $942 | $801 |
| Built year | 1914 | 1939 |
| HOA | $0 | $348 |
| Days on market | 23 | 56 |
Jun 29, 2026
$565,000
Initial Listing