
Los Angeles, California 90011
This property presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned well above the $593,519 Fair Market Value by -13%. While the property requires significant rehabilitation due to its Condition Rating of 5, the 2-car detached garage offers immediate ADU conversion potential to maximize rental yield. Located in a central Los Angeles neighborhood with access to multiple Los Angeles Unified schools, this asset is a strategic acquisition for Buy-and-Hold Investors or Contractors capable of executing a full-scale renovation to capture long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3763 Wall Subject 4 bd · 2 ba · 1,539 sqft · $344 | $530,000* List Price | 4 | 2 | 1,539 | $344 | - |
A 1139 E 42nd Sold 0 bd · 0 ba · 1,500 sqft · $367 · 1.0 mi | $550,000 | 0 | 0 | 1,500 | $367 | 1.0 mi |
B 288 E 43rd Sold 0 bd · 0 ba · 1,740 sqft · $395 · 0.6 mi | $686,734 | 0 | 0 | 1,740 | $395 | 0.6 mi |
C 4010 Wall Active Under Contract 2 bd · 1 ba · 1,008 sqft · $397 · 0.2 mi | $399,999 List Price | 2 | 1 | 1,008 | $397 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1904 and explicitly marketed as a fixer-upper, this property shows significant deferred maintenance including peeling exterior paint and weathered eaves. The listing warns of potential financing restrictions due to its condition, indicating that major systems, kitchens, and baths likely require a full rehab to meet safety and modern living standards.
The detached two-car garage offers a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), providing a clear path to increased rental income and property value.
As a fixer-upper with solid fundamentals in a high-demand Los Angeles neighborhood, this property presents substantial upside potential for investors looking to build equity through renovation.
The property is ideally situated with convenient access to major freeways, employment hubs, and Downtown L.A., ensuring strong long-term demand from both tenants and future buyers.
The property is in fixer-upper condition and requires extensive repairs and modernization, which will necessitate a substantial upfront capital investment and a longer project timeline.
Due to the current condition and configuration of the home, buyers may encounter difficulties with traditional financing, potentially limiting the sale to cash or hard-money investors.
CASH ONLY DEAL! This property is currently configured as a 5-bedroom, 3-bathroom home, Situated in a centrally located Los Angeles neighborhood, the property provides convenient access to major freeways, schools, shopping, and employment hubs. 2 car detacehd garage can be converted to ADU This is a fixer-upper, ideal for buyers looking to add value through renovation and customization. The existing layout presents strong upside potential for both owner-users and investors seeking to maximize returns. A great opportunity to transform and capitalize on a property with solid fundamentals in a high-demand area. Property had solar panels but owner removed them and has stored them for new owner to install
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-1 • 0.2 mi
Grades K-5 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.5 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,539 | 2,090.331 |
| Lot Size | 4,400 | 5,852.908 |
| Price | $530.0K | $830.9K |
| Price per sq ft | $344 | $394 |
| Built year | 1904 | 1928 |
| HOA | $0 | $0 |
| Days on market | 153 | 87 |
Nov 6, 2026
$530,000
$550,000
-4% Price Drop
Initial Listing
Oct 28, 2026
$550,000
$625,000
-12% Price Drop
Initial Listing
Oct 7, 2026
$625,000
$650,000
-4% Price Drop
Initial Listing
Sep 25, 2026
$650,000
$675,000
-4% Price Drop
Initial Listing
Jun 9, 2026
$675,000
Initial Listing
Sep 25, 1995
$162,500
Public Record