4058 Ursula Avenue 9, Los Angeles, California 90008, Los Angeles, 90008 - 2 bed, 1 bath
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Los Angeles, California 90008
This Value-Add Co-op Asset is listed at $300,000, positioned exactly at its $300,000 Fair Market Value. This competitive entry-level pricing in the desirable Baldwin Hills Village provides a stable investment foundation in a high-demand Los Angeles pocket. The property carries a Condition Rating of 4, featuring original 1959 finishes that offer a clear path for forced appreciation through modernization. Located near Farragut Elementary School with secured gated parking, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4058 Ursula Avenue 9 Subject | $300,000* List Price | 2 | 1 | 750 | $400 | - |
A 4045 Abourne Road D Active Under Contract | $365,000 List Price | 1 | 1 | 719 | $508 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property is being sold 'as-is' and appears to be in mostly original condition. The kitchen features dated wood cabinetry and older white appliances, while the bathroom retains mid-century tiling and fixtures. Although the parquet flooring and overall structure appear maintained, the home shows significant signs of age and lacks recent renovations, making it a prime candidate for modernization.
Elementary School: Farragut Elementary School (9/10).
Situated in the desirable Baldwin Hills Village, the property offers excellent walkability and convenient access to public transportation, grocery stores, and everyday amenities.
At a list price of $300,000 for a two-bedroom unit in Los Angeles, this property represents a highly affordable opportunity for first-time buyers or investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 750, other record living area = 12486. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 15.
As a co-op, the sale is subject to board approval, which can be a more rigorous and time-consuming process than a standard condominium purchase.
The property is being sold in as-is condition via a trust sale, suggesting potential deferred maintenance and a lack of seller warranties or repairs.
Located in desirable Baldwin Hills Village, this co-op offers gated parking with one assigned stall in a secured community. Centrally located and walkable with easy access to public transportation, major thoroughfares, grocery stores, shopping, and everyday amenities. Co-op board approval required. Property sold AS-IS. This is a cooperative (co-op) property and requires board approval prior to closing and occupancy. Cash purchase preferred. Please inquire with agent for details on co-op ownership structure and requirements.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 750 | 738.5 | 67% |
| Lot Size | 17,585 | 41,838 | 17% |
| Price | $300.0K | $442.0K | 17% |
| Price per sq ft | $400 | $514 | 17% |
| Built year | 1959 | 1983 | 50% |
| HOA | $450.0 | $467 | 50% |
| Days on market | 447 | 256 | 0% |
Jan 30, 2025
$300,000
Initial Listing
Apr 22, 2021
$300,000
Public Record
Mar 26, 2019
$265,000
Public Record
Oct 24, 2017
$200,000
Public Record