
Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well below the $796,193 Fair Market Value (Note: Market value is currently aligned with list price). While the home carries a Condition Rating of 5, the expansive 11,579 sqft lot offers significant upside for development or an ADU addition. This Single Family Residence requires comprehensive renovation, making it a strategic asset for Fix-and-Flip Investors or Contractors seeking to unlock value through modernization in a high-demand Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3820 Monterey Road Subject 3 bd · 2 ba · 1,312 sqft · $607 | $800,000* List Price | 3 | 2 | 1,312 | $607 | - |
A 4610 Edison Street Sold 2 bd · 2 ba · 1,553 sqft · $505 · 0.1 mi | $785,000 | 2 | 2 | 1,553 | $505 | 0.1 mi |
B 4915 Gambier Street Sold 3 bd · 2 ba · 1,421 sqft · $574 · 0.9 mi | $815,000 | 3 | 2 | 1,421 | $574 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1956 (68 years old) and the listing explicitly states it 'needs some TLC,' signaling a lack of recent renovations to kitchens, baths, or systems. The exterior shows signs of deferred maintenance, including graffiti on the retaining wall and neglected landscaping, fitting the criteria for a property requiring a significant rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11579, living area = 1312.
Strategically situated near South Pasadena, Old Town Pasadena, and the Rose Bowl with immediate access to the 110 freeway, offering a highly convenient commute to major Los Angeles hubs.
The expansive 11,579 square foot lot is significantly larger than average for the area, providing ample space for outdoor living, landscaping, or the potential addition of an Accessory Dwelling Unit (ADU).
The property is noted to need 'TLC,' indicating that buyers will need to budget for immediate capital expenditures to address cosmetic or structural improvements.
Despite its proximity to Monterey Hill, the listing specifies no views, which may be a disadvantage compared to neighboring properties that offer hillside or city light vistas.
Located in the Los Angeles 90032 area, this three-bedroom, two-bathroom home offers a wonderful opportunity for buyers lookin for affordable and potential. Conveniently situated near Monterey Hill, South Pasadena, Old Town Padadena, and the Rose Bowl, with easy access to the 110 freeway, this property offers both convenience and possibilities. This home needs some TLC but has plenmty of potential, both inside and out. Bring your vision and creativity to make this property your own and unlock its possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,312 | 1,670.836 |
| Lot Size | 11,579 | 6,152.156 |
| Price | $800.0K | $1.34M |
| Price per sq ft | $610 | $807 |
| Built year | 1956 | 1941 |
| HOA | $0 | $238 |
| Days on market | 14 | 56 |
Oct 26, 2026
$800,000
Initial Listing