350 W 59th, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
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Los Angeles, California 90003
This property presents a High-Potential Investment Opportunity with a List Price of $555,000—positioned well above the $523,451 Fair Market Value by -6%. Featuring LAR2 Zoning and a 4,755 sq ft lot, this 1910-built Single Family Residence offers significant value-add potential through ADU development. Given its Condition Rating of 5, the asset requires a full rehab to modernize its systems. Its strategic proximity to DTLA and 2028 Olympic venues makes this an ideal acquisition for Buy-and-Hold Investors or Contractors focused on long-term rental growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 350 W 59th Subject | $550,000* List Price | 2 | 1 | 1,084 | $483 | - |
A 205 W Gage Avenue Sold | $450,000 | 2 | 1 | 988 | $455 | 0.3 mi |
B 225 E 67th Sold | $557,777 | 3 | 1 | 1,032 | $540 | 0.7 mi |
C 504 E 67th Street Sold | $630,000 | 3 | 1 | 1,036 | $608 | 0.9 mi |
D 205 E 64th Sold | $610,000 | 3 | 2 | 1,500 | $407 | 0.5 mi |
E 5859 S Figueroa Active | $565,000 List Price | 2 | 1 | 936 | $604 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910 and sold 'as-is' via a trust sale, this property shows significant deferred maintenance. While some laminate flooring has been installed, the 114-year-old structure, dated exterior, and lack of documented system upgrades (HVAC/Electric) indicate a need for a full rehab to meet modern safety and functional standards.
The LAR2 zoning provides significant flexibility for investors or homeowners to add an ADU or explore multi-unit rental potential on the 4,755 sq ft lot.
Ideally situated near DTLA, USC, and major transit corridors, the property is perfectly positioned to benefit from the upcoming 2028 Olympics and World Cup events.
Built in 1910, the home offers genuine 'real LA' character and unique features like a backyard avocado tree, appealing to buyers seeking historic charm.
Sold as-is via a trust sale, the 114-year-old structure likely requires significant modernization and immediate capital investment for repairs.
With only one bathroom serving three bedrooms, the current layout may be restrictive for families and does not meet modern luxury expectations.
This 3-bedroom, 1-bath home (originally 2bd/1ba, converted to add extra bedroom) offers 1,084 sq ft of living space on a 4,753 sq ft lot. From the moment you step inside, you’ll feel that authentic “real LA” character you see in movies and hit shows. Enjoy fresh avocados from your own backyard tree while being just minutes from DTLA, USC, the Coliseum, California Science Center, the upcoming Lucas Museum of Narrative Art, shopping centers, and major entertainment venues hosting the 2028 Olympics and World Cup events. Zoned LAR2, giving flexibility to add an ADU or explore multi-unit rental potential. Located near the 110 & 10 Freeways and close to the Crenshaw/LAX Metro Line for easy commuting. Trust sale. Being sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,084 | 1,672 |
| Lot Size | 4,755 | 6,067 |
| Price | $550.0K | $1.37M |
| Price per sq ft | $507 | $801 |
| Built year | 1910 | 1939 |
| HOA | $0 | $348 |
| Days on market | 44 | 56 |
Jul 11, 2026
$550,000
$555,000
-1% Price Drop
Initial Listing
Jun 8, 2026
$555,000
Initial Listing