
Los Angeles, California 90005
This property presents a High-Potential Investment Opportunity with a List Price of $799,000, positioned at the $799,000 Fair Market Value. While the property currently carries City of Los Angeles substandard liens and holds a Condition Rating of 5, the 2,902 sqft footprint in the prestigious Wilshire Park HPOZ offers significant upside for restoration. The asset requires a buyer capable of navigating historic preservation guidelines to unlock its full potential. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a large-scale project in a high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4016 Ingraham Subject | $799,000* List Price | 5 | 2 | 2,902 | $275 | - |
A 4016 Ingraham Active | $799,000 List Price | 5 | 2 | 2,902 | $275 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1911 with no evidence of recent renovations, this property is over 110 years old and carries City of Los Angeles substandard liens, indicating significant safety and structural defects. The listing explicitly targets investors for a full restoration project, and visual evidence of the detached structures shows severe dilapidation and neglect.
Situated in the prestigious Wilshire Park HPOZ, the property is located in a highly desirable neighborhood known for its architectural charm and strong long-term market demand.
With nearly 3,000 square feet of living space and five bedrooms, this property offers a substantial canvas for investors to realize significant upside through restoration and repositioning.
The reduced price of $799,000 represents a rare entry point for a large-scale residence in the Mid-Wilshire area, providing a high ceiling for return on investment after improvements.
The property currently carries City of Los Angeles substandard liens, which indicates significant deferred maintenance and requires a buyer capable of navigating complex remediation processes.
Being located in a Historic Preservation Overlay Zone means all exterior renovations must adhere to strict city guidelines, which can increase restoration costs and limit design flexibility.
Price reduced to $799,000! Located in the highly desirable Wilshire Park HPOZ, 4016 Ingraam St offers a rare opportunity for serious investors seeking value and long-term upside. This property sits in a Historic neighborhood known for it's architectural charm and strong demand. While the home currently carries City of Los Angeles substandar liens, it presents tremendous potential for restoration, development, or repositioning. Whith the right vision and improvements, this property can be transform into a standout residence in one of LA's most character-rich communities. A great opportunity for Investors looking for a project with significant upside. Please note that Wilshire Park is an HPOZ https://planning.lacity.gov/preservation-design/overlays/wilshire-park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 67% |
| Baths | 2.0 | 3.0 | 20% |
| Square foot | 2,902 | 2,902 | 50% |
| Lot Size | 6,500 | 7,303 | 20% |
| Price | $799.0K | $1.85M | 7% |
| Price per sq ft | $275 | $656 | 7% |
| Built year | 1911 | 1922 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 117 | 7% |
May 26, 2026
$799,000
Initial Listing