4016 Ingraham, Los Angeles, California 90005, Los Angeles, 90005 - 5 bed, 2 bath
ACTIVE$999,000
4016 Ingraham, Los Angeles, California 90005
5Beds
2Baths
2,902Sqft
6,500Lot
Year Built
1911
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$344
HOA
-
Days on market
-
Sold On
-
MLS number
PW25277194
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $999.0K(13th), sqft - 2902(38th), beds - 5(50th), baths - 2(38th).
The property offers a lot of potential. Located a desirable historical neighborhood. Property is in need of rehabilitation. Priced to make the investors happy. Please note that Wilshire Park is an HPOZ https://planning.lacity.gov/preservation-design/overlays/wilshire-park.
Price History
Date
Event
Price
12/16/25
Listing
$999,000
Condition Rating
Poor
Built in 1911, the property is explicitly stated to be 'in need of rehabilitation' and requiring 'extensive rehabilitation.' The property analysis highlights 'Age-Related Issues' including likely outdated infrastructure (plumbing, electrical, HVAC) and potential historical hazards like lead paint or asbestos. The exterior image shows significant deferred maintenance, weathered finishes, and an overall aged appearance consistent with a property requiring substantial repairs and rehabilitation, rather than minor updates. While it has potential, it is far from move-in ready and likely has significant defects affecting major systems.
Pros & Cons
Pros
Prime Location: Located in the highly desirable Mid-Wilshire area of Los Angeles, specifically within the historic Wilshire Park neighborhood, offering excellent access to city amenities.
Significant Potential for Value Appreciation: Explicitly marketed as having 'a lot of potential' and 'priced to make the investors happy,' indicating a strong opportunity for renovation and increased equity.
Historic Charm & HPOZ Status: Situated in Wilshire Park, a Historic Preservation Overlay Zone (HPOZ), which preserves architectural integrity and can appeal to buyers seeking unique, character-rich homes.
Generous Size: Offers substantial living space with 5 bedrooms and 2 bathrooms across 2902 sqft, on a sizable 6500 sqft lot, which is rare for urban Los Angeles.
Investor-Friendly Pricing: The list price of $999,000 for a large single-family home in this prime location, despite needing rehabilitation, presents an attractive entry point for investors or owner-occupants willing to undertake a renovation.
Cons
Extensive Rehabilitation Required: The property is explicitly stated to be 'in need of rehabilitation,' implying significant financial investment and time for necessary repairs and upgrades.
HPOZ Renovation Restrictions: While a strength for character, being in an HPOZ means strict guidelines and approval processes for exterior modifications, potentially increasing renovation costs and complexity.
Age-Related Issues: Built in 1911, the property is likely to have outdated infrastructure (plumbing, electrical, HVAC) and potential historical issues like lead paint or asbestos, which will add to renovation expenses.