422 E Colden Avenue, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 1 bath
Loading property details...
Los Angeles, California 90003
This Value-Add Residential Asset is listed at $575,000, representing a stable entry point at its $575,000 Fair Market Value. While the property currently holds a Fair Condition Rating and is sold "as-is," the 5,103-square-foot lot offers significant upside through ADU Potential and future expansion. Located within the Los Angeles Unified district, the 3-bedroom layout and spacious backyard provide a solid foundation for forced appreciation. This motivated-seller listing is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a versatile project with high rental-density potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 422 E Colden Avenue Subject | $575,000* List Price | 3 | 1 | 960 | $599 | - |
A 150 E 95th Street Sold | $620,000 | 3 | 1 | 912 | $680 | 0.3 mi |
B 144 W 101st Street Sold | $600,000 | 3 | 1 | 1,100 | $545 | 0.6 mi |
C 247 E 97th Pending | $549,000 List Price | 5 | 2 | 852 | $644 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1925, shows signs of age and requires updates. While it has a functional layout and a large backyard with ADU potential, the kitchen appears dated with older appliances and flooring. The bathroom is not pictured, but the description notes a non-functional wall heater, and the overall condition is described as 'as-is,' indicating potential deferred maintenance. The flooring is a mix of wood laminate and carpet, with the carpet in one bedroom appearing worn. Light fixtures are basic. Given the age, the 'as-is' sale, and the need for updates, particularly in the kitchen and potentially the bathroom, the property falls into the 'fair' category, requiring minor to moderate renovations to meet modern standards.
The seller is motivated, indicating a potential for negotiation and a quicker sale.
The property offers significant room for expansion, including the potential to build an Accessory Dwelling Unit (ADU), increasing future value and rental income.
The home features a family-friendly layout with a central hallway connecting the bedrooms and living areas, suitable for families or first-time homeowners.
The property is sold 'as-is,' meaning the seller will not make repairs, requiring the buyer to budget for potential immediate or future renovations.
The wall heater is non-functional, necessitating repair or replacement for comfortable living, especially during colder months.
With three bedrooms, the single bathroom may be a limitation for larger families or frequent guests, potentially requiring a future remodel to add another bathroom.
Motivated Seller, show and Sell today! Charming single-level home! Private fenced front yard leading to your front porch! Enjoy the well-maintained lawn. Ring door bell. As you enter directly into this family-friendly home, the living room features wood laminate flooring and a window AC unit. Enter the first bedroom directly off the living room. This home features a total of 3 bedrooms, 1 bathroom, and a center hallway. Enjoy your large backyard, a great space for many family backyard gatherings and endless possibilities for future expansion! Room to build an ADU. Spacious primary bedroom with a beautiful ceiling fan and mirrored closets. Wall heater non-functional. Bedroom #2 has a ceiling fan and mirrored closets. The bathroom has an entry area. Shown by appointment only. Buyer to verify the accuracy of all information. Sold "as-is", Seller shall not make any repairs nor provide any warranties. This is a Trust Sale, no court confirmation. No Blind offers. Perfect home for families, first time homeowners, or investors looking for a versatile property with plenty of room to grow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 960 | 1,096 | 36% |
| Lot Size | 5,103 | 5,184.5 | 45% |
| Price | $575.0K | $607.5K | 38% |
| Price per sq ft | $599 | $530 | 67% |
| Built year | 1925 | 1923 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 244 | 209 | 69% |
Nov 26, 2025
$575,000
$599,500
-4% Price Drop
Initial Listing
Oct 1, 2025
$599,500
$629,000
-5% Price Drop
Initial Listing
Aug 21, 2025
$629,000
Initial Listing