
Los Angeles, California 90016
This property presents a High-Potential Investment Opportunity with a List Price of $799,999—positioned well above the $747,900 Fair Market Value by 6%. While the property requires a total rehab given its Condition Rating of 5, the LARD1.5 Zoning and 4,990-square-foot lot provide significant upside for multi-unit development or expansion. This asset is best suited for those prioritizing land value and density potential over immediate move-in readiness. This is a strategic acquisition ideal for Fix-and-Flip Investors or Developers seeking a value-add project in Mid-City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4014 W 30th Street Subject | $799,999* List Price | 2 | 1 | 908 | $840 | - |
A 2928 Virginia Active | $850,000 List Price | 3 | 1 | 1,164 | $730 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1925 and the listing provides no evidence of renovations to the kitchen, bathroom, or major systems (HVAC/Electric). The exterior shows significant weathering, and the marketing focus on 'development potential' and 'LARD1.5 zoning' suggests the structure requires a total rehab.
The property is zoned LARD1.5 on a nearly 5,000-square-foot lot, offering significant flexibility for investors or homeowners to explore multi-unit development or future expansion in a high-demand area.
This 1925 bungalow features classic Spanish-tile accents, a gated lot with mature palm trees, and a charming front porch, providing immediate aesthetic appeal and vintage architectural charm.
Situated in the heart of Mid-City, the property offers a highly central Los Angeles location with easy access to major transit corridors, combined with a generous lot size for the neighborhood.
With only 908 square feet of living area, the interior footprint is relatively small, which may feel restrictive for buyers seeking more spacious common areas or larger bedrooms.
The assigned middle and high schools carry low performance ratings (2/10), which could impact long-term resale value and appeal to families prioritizing public education.
Charming Bungalow in the Heart of Mid-City Full of character and curb appeal. This single-family home sits on a gated, fenced lot. Stucco walls, a Spanish-tile roof accent over the entry, and a covered front porch give the home instant charm from the street, while mature palm trees and a grassy front yard complete the picture. 2 bedrooms and 1 bathroom across 908 square feet of living space. The 4,990-square-foot lot provides room for outdoor living, gardening, or future expansion potential, and the property is zoned LARD1.5, offering flexibility for buyers and investors alike (buyer to verify all development potential with the City of Los Angeles).
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 908 | 1,664.159 |
| Lot Size | 4,990 | 6,066.556 |
| Price | $800.0K | $1.35M |
| Price per sq ft | $881 | $806 |
| Built year | 1925 | 1939 |
| HOA | $0 | $278 |
| Days on market | 40 | 55 |
Jul 31, 2026
$799,999
Initial Listing