
Los Angeles, California 90011
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned well above the $560,020 Fair Market Value by 11%. While the property requires significant capital for its Condition Rating of 6, the LAC2 Zoning and expansive 7,129 sq. ft. lot provide exceptional redevelopment flexibility. This asset is a strategic acquisition for Real Estate Developers or Contractors seeking to leverage the land value in a high-density area. The property offers a rare, long-term hold opportunity for those focused on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4007 Trinity Street Subject 3 bd · 1 ba · 1,428 sqft · $392 | $625,000* List Price | 3 | 1 | 1,428 | $392 | - |
A 3611 Adair Sold 2 bd · 1 ba · 1,444 sqft · $381 · 0.3 mi | $550,000 | 2 | 1 | 1,444 | $381 | 0.3 mi |
B 210 E 29th Sold 3 bd · 2 ba · 1,384 sqft · $415 · 0.8 mi | $575,000 | 3 | 2 | 1,384 | $415 | 0.8 mi |
C 956 E 33rd Street Sold 3 bd · 1 ba · 1,046 sqft · $435 · 0.7 mi | $455,000 | 3 | 1 | 1,046 | $435 | 0.7 mi |
D 877 E 47th Street Pending 3 bd · 1 ba · 1,302 sqft · $460 · 0.9 mi | $599,000 List Price | 3 | 1 | 1,302 | $460 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1906 and off the market for over 40 years, this property shows severe exterior deterioration, peeling paint, and signs of neglect. The listing explicitly describes it as a fixer-upper with the option to tear down, indicating it is likely unlivable and holds value primarily in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7129, living area = 1428.
The property features versatile LAC2 zoning on a large lot, providing developers and investors with excellent potential for commercial, residential, or mixed-use redevelopment.
Boasting a substantial 7,129 square foot lot, the property offers rare and expansive space with the flexibility to either expand the existing structure or tear down and build new.
Designated as a fixer-upper, the home requires significant immediate capital investment for repairs, modernization, or potential demolition.
Built in 1906, the century-old structure may present underlying challenges typical of older homes, such as outdated plumbing, electrical systems, and structural wear.
This fixer-upper boasts three bedrooms and one bathroom and is the first time it's been on the market in over four decades. The large lot offers the flexibility to either build or tear down for a new property, . It's zoned LAC2. This is a probate with no court confirmation required. Per attorney, submit your offers. Estate cannot accept an offer til October 25, 2026.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.1 mi
Grades K-1 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,428 | 1,675.469 |
| Lot Size | 7,129 | 6,126.393 |
| Price | $625.0K | $1.34M |
| Price per sq ft | $438 | $800 |
| Built year | 1906 | 1941 |
| HOA | $0 | $262 |
| Days on market | 39 | 56 |
Sep 15, 2026
$625,000
Initial Listing