
Los Angeles, California 90008
This Value-Add Baldwin Hills Condominium is a Strong Value Opportunity listed at $365,000, matching its $365,000 Fair Market Value. Holding a Condition Rating of 4, the unit serves as a well-maintained "blank canvas" featuring updated laminate flooring, mountain views, and a rare 1-car garage. The remarkably low $210 HOA fee minimizes carrying costs, while proximity to the top-rated Farragut Elementary School enhances long-term desirability. This property represents a strategic entry-level acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4045 Abourne Road D Subject | $365,000* List Price | 1 | 1 | 719 | $508 | - |
A 4108 Santa Rosalia Drive A Sold | $434,000 | 2 | 1 | 736 | $590 | 0.1 mi |
B 4048 Abourne Road C Active Under Contract | $380,000 List Price | 1 | 1 | 741 | $513 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this property is well-maintained and clean but is explicitly described as a 'blank canvas,' indicating that the kitchen and bathroom are dated and require modernization to meet current standards. While it features updated laminate plank flooring and is move-in ready in terms of cleanliness, the overall style and infrastructure reflect a property that has undergone regular upkeep rather than a comprehensive recent renovation.
Elementary School: Farragut Elementary School (9/10).
With a competitive list price of $365,000 and a remarkably low HOA fee of $210, this property represents a highly accessible entry point for first-time buyers or investors in the Los Angeles market.
The inclusion of a dedicated 1-car garage is a significant asset in Baldwin Hills, providing both secure parking and rare additional storage space that many comparable condos lack.
Built in 1948 and marketed as a 'blank canvas,' the unit likely requires modernization of its kitchen, bathroom, or systems to meet contemporary luxury standards.
The immediate neighborhood schools currently hold low ratings (2/10), which may be a deterrent for families and could impact the property's long-term appreciation compared to adjacent districts.
Make this large 1 bedroom, 1 bathroom condo your own oasis. Nestled in the heart of Baldwin Hills, this well maintained, clean and bright second-floor unit is a blank canvas, ready for your personal touch. Upon entering, you will find a sun filled living room with beautiful laminate plank flooring. The bedroom is generously sized with ample closet space. The bathroom features a bathtub and a standalone shower. A separate dining room creates a perfect setting for meals and gatherings, enhancing the flow and functionality of the home. Storage is plentiful throughout the unit. Included with the unit is a convenient 1-car garage, providing secure parking and additional storage space. This condo is located in close proximity to malls, restaurants, and shops and surrounded by ongoing growth and development.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 719 | 728 | 17% |
| Lot Size | 42,919 | 44,604 | 50% |
| Price | $365.0K | $442.0K | 33% |
| Price per sq ft | $508 | $549 | 50% |
| Built year | 1948 | 1978 | 50% |
| HOA | $210.0 | $417 | 17% |
| Days on market | 233 | 245 | 33% |
Dec 5, 2025
$365,000
$379,000
-4% Price Drop
Initial Listing
Oct 21, 2025
$379,000
$399,000
-5% Price Drop
Initial Listing
Sep 1, 2025
$399,000
Initial Listing