
Los Angeles, California 90065
This Mid-Century Post-and-Beam Fixer is a strategic Value-Add Asset listed at $875,000, positioned near its $849,398 Fair Market Value. Despite a Condition Rating of 5, the property offers significant upside via a rare 10,390 sq ft double lot and city views. The existing pool and outdoor fireplace provide a foundation for forced appreciation within the Los Angeles Unified district. Given the "As-Is" status and permit discrepancies, this is a high-upside acquisition for Fix-and-Flip Investors or Value-Add Investors looking to capitalize on Glassell Park's inventory shortage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3507 Cazador Street Subject | $800,000 | 2 | 1 | 1,058 | $915 | - |
A 2816 Moss Avenue Active | $899,000 List Price | 2 | 1 | 980 | $917 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 and marketed explicitly as a 'renovation project' in 'As-Is' condition. While the post-and-beam architecture and hardwood floors are intact, the age (>70 years) and lack of mentioned updates to kitchens, baths, or systems indicate a need for a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10390, living area = 1058.
The property spans two combined lots totaling 10,390 sq ft, offering rare privacy and significant potential for expansion or the addition of an ADU in a high-demand area.
Featuring classic post-and-beam construction and city views, this home offers the quintessential mid-century aesthetic that is highly sought after in the Glassell Park market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10390, other record lot size in square feet = 5389.
Sold in 'As-Is' condition, the property is a major fixer-upper that requires substantial capital investment to modernize and address potential deferred maintenance.
There is a discrepancy between the 3-bedroom/2-bath description and the 2-bedroom/1-bath official data, necessitating rigorous due diligence regarding permits and legal square footage.
Glassell Park Hidden Gem with City Views & Incredible Potential! This 3-bedroom, 2-bath post-and-beam home sits on two combined lots ( 46 and 47) totaling 10,390 sq ft, offering privacy, views, and endless possibilities. The home features a spacious living room with a fireplace, hardwood floor throughout the house. The generous backyard includes a pool and outdoor fireplace, perfect for entertaining or creating a private outdoor retreat. Excellent opportunity to remodel and customize this home to your taste. Conveniently located with easy access to Downtown Los Angeles, parks, dining, and local amenities, this property is ideal for investors or end users seeking a renovation project with strong upside. Buyer to verify all permits, square footage, and property details. Property is being sold in As-Is condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 1,058 | 1,628 | 16% |
| Lot Size | 10,390 | 6,175 | 88% |
| Price | $800.0K | $1.25M | 13% |
| Price per sq ft | $756 | $769 | 47% |
| Built year | 1949 | 1953 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 147 | 3% |
May 3, 2026
$875,000
Initial Listing