
Los Angeles, California 90065
This Value-Add Hillside Fixer serves as a High-Potential Investment Opportunity in Glassell Park. Listed at $1,000,000, the asset is evaluated against a $808,379 Fair Market Value, supported by a Solid Structural Foundation and recent upgrades to plumbing, electrical, and HVAC systems. Currently holding a Condition Rating of 5, the property requires full interior rehabilitation but offers significant ROI through modernization and ADU Expansion potential. Located in the Los Angeles Unified district with Verdugo Mountain Views, this acquisition is perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3535 Verdugo Vista Subject | $1,000,000* List Price | 3 | 2 | 1,548 | $522 | - |
A 4200 Toland Way Sold | $877,500 | 3 | 2 | 1,507 | $582 | 0.2 mi |
B 4200 Toland Way Sold | $877,500 | 3 | 2 | 1,507 | $582 | 0.2 mi |
C 2434 Sundown Sold | $750,000 | 3 | 1 | 1,633 | $459 | 0.4 mi |
D 4020 W Avenue 40 Sold | $920,000 | 3 | 3 | 1,649 | $558 | 0.6 mi |
E 3456 Division Sold | $750,000 | 3 | 2 | 1,512 | $496 | 0.9 mi |
F 3857 Sunbeam Drive Sold | $850,000 | 3 | 2 | 1,659 | $512 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'fixer-upper' and the images confirm it is in a state of extensive interior demolition/renovation, with no finished kitchen or bathrooms, exposed subflooring, and stripped walls. This makes it currently unlivable and requires substantial rehabilitation. However, it avoids a 'Tear-down' score because the listing states it has a 'solid structure' and critical systems like new windows, sliding doors, upgraded plumbing, upgraded electrical, and new HVAC vents have already been addressed, providing a good foundation for the necessary interior work.
Explicitly marketed as a 'Value-Add Opportunity' and 'Fixer-Upper,' ideal for investors pursuing fix-and-flip, buy-and-hold, or BRRR strategies, indicating significant upside potential after renovation.
The property benefits from new windows, sliding doors, upgraded plumbing, upgraded electrical, and new HVAC vents, significantly reducing initial renovation costs for essential infrastructure.
Located in the 'heart of Northeast LA' with 'Views of Verdugo Mountains, City Lights, Neighborhood,' and convenient access to schools, retail, and major transportation routes.
The property is a 'fixer-upper' requiring 'Interior updates and renovations' to enhance market appeal, implying a substantial financial and time commitment for the buyer.
The property is sold 'as-is,' transferring all responsibility for current or future repairs and potential unforeseen issues directly to the buyer, increasing financial risk.
Despite recent system upgrades, the 1958 build year suggests that other components, finishes, or aesthetics may be outdated and require modernization, contributing to the overall renovation scope.
Value-Add Opportunity | Fixer-Upper Single-Family Home Views! Excellent investment opportunity in the heart of Northeast LA with views of Verdugo Mountains perfect for investors or renovators seeking a value-add property in an established neighborhood. This single-family home is sitting on a solid structure and offers a functional layout, making it an ideal candidate for renovation and repositioning. The property features 3 bedrooms and 2 bathrooms with an ample 1,500 square footage and sits on a 5,000 sq ft lot. Property has all new windows and sliding doors throughout, upgraded plumbing, upgraded electrical and new HVAC vents. Interior updates and renovations will significantly enhance market appeal and rental or resale potential. Situated on a sizable lot, the property allows for potential expansion, outdoor upgrades, or future garage ADU. Conveniently located near schools, retail, and major transportation routes such Eagle Rock and Glendale. Supporting both resale demand and long-term rental performance. Ideal for fix-and-flip, buy-and-hold, or BRRR strategies. Don’t miss out on this rare opportunity! Sold as-is.
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 | 2.5 | 50% |
| Square foot | 1,548 | 1,660.5 | 43% |
| Lot Size | 5,076 | 5,769.5 | 33% |
| Price | $1.00M | $1.24M | 31% |
| Price per sq ft | $646 | $763 | 23% |
| Built year | 1958 | 1951 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 174 | 16% |
Jan 30, 2026
$1,000,000
Initial Listing
Oct 24, 2024
$930,000
Public Record