
Los Angeles, California 90039
This dual-lot package presents a High-Potential Investment Opportunity with a List Price of $629,000—positioned well below the $620,588 Fair Market Value (Note: Market value is currently aligned with list price). Featuring a Fair Condition Rating (5/10), this asset requires significant capital for redevelopment. The inclusion of two adjacent APNs offers strategic potential for SB 9 or SB 1123 projects in the 90039 area, served by top-tier schools like Ivanhoe Elementary (9/10). This is an ideal acquisition for Real Estate Developers or Buy-and-Hold Investors seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4102 Sequoia Street Subject | $629,000* List Price | 2 | 1 | 620 | $1,001 | - |
A 4615 Brunswick Avenue Active | $649,000 List Price | 2 | 1 | 692 | $938 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 and marketed as a fixer/development opportunity, the property shows significant age with no recent renovations. The kitchen features dated oak cabinetry and linoleum flooring, while the living areas have old carpeting and aging systems. The exterior shows peeling paint and weathered surfaces, indicating a need for a full rehab or redevelopment.
Elementary School: Ivanhoe Elementary School (9/10).
The sale includes two adjacent lots on separate APNs, offering a rare opportunity to utilize SB 9 or SB 1123 for a multi-unit residential project in a high-demand market.
Situated in the sought-after 90039 zip code, the property benefits from strong neighborhood appreciation and proximity to trendy local amenities and employment hubs.
The existing structures are sold strictly in 'as-is' condition, requiring significant capital investment for either total renovation or demolition and site preparation.
The seller provides no warranties regarding zoning or unit count, placing the full burden and cost of due diligence and permit approvals on the buyer.
SALE INCLUDES TWO ADJACENT SINGLE-FAMILY HOMES ON SEPARATE APNs — 4615 BRUNSWICK AVE AND 4102 SEQUOIA ST. PROPERTIES ARE TO BE SOLD TOGETHER. $1,278,000 PRICE INCLUDES BOTH HOMES. Rare Two-Lot Development Opportunity in Los Angeles! 4102 Sequoia Street and 4615 Brunswick Avenue are being offered together as a package, presenting an exciting opportunity for developers, investors, and builders looking to create a multi-home residential project in the desirable 90039 area. Both properties currently feature existing single-family residences and are being sold AS-IS as fixer/development opportunities. With two lots being offered together, buyers have the opportunity to explore a variety of redevelopment strategies, including potential development utilizing SB 9, SB 1123, and other applicable State and local housing provisions, subject to eligibility and approval. The combined offering may provide an attractive opportunity to develop multiple new residences in a sought-after Los Angeles neighborhood. Both properties are to be sold together. Seller and Listing Agent make no representations or warranties regarding zoning, allowable unit count, lot splits, SB 9 or SB 1123 eligibility, development potential, permits, square footage, or feasibility. Buyer and Buyer’s Agent are responsible for conducting their own independent investigations and due diligence with the City of Los Angeles and all appropriate agencies and professionals regarding any proposed development. Properties are sold in their present AS-IS condition.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.1 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 620 | 1,664.159 |
| Lot Size | 3,501 | 6,066.556 |
| Price | $629.0K | $1.35M |
| Price per sq ft | $1.0K | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 20 | 55 |
Aug 20, 2026
$629,000
Initial Listing