
Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $799,999—positioned well below the $796,192 Fair Market Value (Note: Market is currently priced at parity). While the home has a Condition Rating of 5, the 1,468 sq ft layout and solid bones offer significant upside for forced appreciation through renovation. Located near Downtown Los Angeles, this asset provides a strategic value-add opportunity for Buy-and-Hold Investors or Contractors seeking to modernize a century-old residence in a high-demand urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3610 Locke Avenue Subject | $699,999* List Price | 3 | 1 | 1,468 | $508 | - |
A 2916 Vaquero Sold | $790,000 | 3 | 2 | 1,342 | $589 | 0.8 mi |
B 5377 Oakland Sold | $754,000 | 2 | 1 | 1,253 | $602 | 0.9 mi |
C 4915 Gambier Street Sold | $815,000 | 3 | 2 | 1,421 | $574 | 0.5 mi |
D 2459 N Ditman Sold | $830,000 | 3 | 2 | 1,347 | $616 | 0.9 mi |
E 4855 Klamath Active | $799,999 List Price | 3 | 2 | 1,400 | $571 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1911, this property is over 100 years old and shows significant signs of age. The kitchen features dated cabinetry with missing panels and old tile, while the interior relies on window AC units rather than modern central HVAC. Despite minor cosmetic updates like a new dishwasher and garage door, the overall condition of the kitchen, baths, and systems suggests a need for a full rehab.
Situated near Downtown Los Angeles and major freeways, this property offers excellent accessibility for commuters and proximity to urban amenities in the El Sereno area.
With a spacious 1,468 sq ft layout and solid bones, the home presents significant potential for equity growth through personalized renovations and modernization.
Key updates including a new garage door, dishwasher, and interior doors provide an immediate head start on the home's revitalization for the next owner.
The 3-bedroom home features only one bathroom, which may be a drawback for larger families or modern buyer expectations for a property of this square footage.
Built in 1911, the property likely requires significant updates to aging systems such as plumbing, electrical, or foundation to meet contemporary standards.
Welcome to this spacious 3-bedroom, 1-bath home offering 1,468 sq ft of living space with tons of potential! Some cosmetic updates have already been completed, including a new garage door, new dishwasher, and new doors, giving the next owner a great head start. This home is perfect for a buyer looking to add their own personal touches and bring their vision to life. With a functional layout, generous living space, and solid bones, this property is a great opportunity to create your dream home or investment. Conveniently located near major freeways, Downtown Los Angeles, shopping centers, restaurants, and everyday amenities, the location offers both accessibility and convenience. Don’t miss the chance to make this home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 30% |
| Square foot | 1,468 | 1,253 | 72% |
| Lot Size | 5,885 | 5,435 | 57% |
| Price | $700.0K | $867.5K | 17% |
| Price per sq ft | $477 | $684 | 12% |
| Built year | 1911 | 1940 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 135 | 1% |
May 28, 2026
$699,999
$799,999
-13% Price Drop
Initial Listing
May 13, 2026
$799,999
Initial Listing