3977 S Budlong Avenue, Los Angeles, California 90037, Los Angeles, 90037 - 5 bed, 2 bath
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Los Angeles, California 90037
This Grand Craftsman Fixer Asset represents a High-Potential Investment Opportunity near USC, offered at a List Price of $999,999. Positioned competitively relative to its $965,422 Fair Market Value, the property’s massive 3,996 SqFt Footprint and 9,739 SqFt Corner Lot provide a rare canvas for a high-end restoration. Featuring a Poor Condition Rating, the site includes a Four-Car Garage and City Lights View, offering immense ROI potential through structural reconfiguration. This architectural classic is a strategic acquisition for Fix-and-Flip Investors or Developers looking to capitalize on the high-demand Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3977 S Budlong Avenue Subject | $999,999* List Price | 5 | 2 | 3,996 | $242 | - |
A 4501 S Budlong Avenue Sold | $735,000 | 4 | 2 | 3,393 | $217 | 0.6 mi |
B 702 W Vernon Avenue Sold | $1,050,000 | 0 | 0 | 4,616 | $227 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1905 property is explicitly marketed as a 'Major Fixer Opportunity' and requires a full renovation and significant repairs. The listing states it is sold strictly 'as-is' with no credits for repairs, and notes that the provided images are AI-enhanced to show potential rather than the actual current state, which indicates the home is likely in a severely dilapidated or uninhabitable condition.
Situated near USC and Downtown Los Angeles, this property is positioned in a high-demand area with significant rental and resale upside for investors and developers.
This 1905 Craftsman boasts nearly 4,000 square feet of living space on a massive 9,739 square foot corner lot, featuring original period details and a rare four-car garage.
With a large footprint, basement, and expansive lot size, the property offers a blank canvas for a high-end restoration or potential expansion to maximize return on investment.
As a 'major fixer' requiring significant structural and cosmetic updates, the property demands a substantial capital injection and experienced project management.
The property is sold strictly 'as-is' with no credits for repairs, likely limiting the buyer pool to cash investors or those with specialized renovation financing.
Major Fixer Opportunity Grand Craftsman with Significant Value-Add Potential near prime USC and DTLA. Substantial two-story Craftsman with a basement offering exceptional scale and architectural presence, ready for a full renovation. Featuring expansive square footage, a wide footprint, and a prominent corner setting, this property presents a rare opportunity for investors, developers, or experienced renovators seeking a major value-add project.Original Craftsman details remain throughout, including a wraparound porch, classic rooflines, dormer windows, and period millwork elements that could be restored or reimagined. The generous layout provides flexibility for redesign, reconfiguration, or potential expansion (buyer to verify) incl 4 car garage. Property requires significant repairs and updates. Ideal for cash buyers or renovation financing. Sold as-is. No credits or repairs will be provided.Strong upside potential for those ready to unlock the full value of this architectural classic.Images include digital enhancements or AI-assisted modifications to illustrate potential. Actual property condition may differ. Buyers to independently verify.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 94% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 3,996 | 1,300.5 | 94% |
| Lot Size | 9,739 | 5,366.5 | 97% |
| Price | $1000.0K | $652.5K | 84% |
| Price per sq ft | $250 | $475 | 6% |
| Built year | 1905 | 1911 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 181 | 9% |
Feb 12, 2026
$999,999
Initial Listing