
Los Angeles, California 90003
This 1922 Single-Family Asset represents a Prime Investment Opportunity listed at $420,000—positioned well below the $434,320 Fair Market Value by 3%. This valuation gap provides $14,320 in Instant Equity for buyers prepared to address a Condition Rating of 5. The primary value lies in the generous 6,078 sqft LAR1 Lot, which offers significant ROI potential through an ADU addition or property expansion. Located near major transit corridors, this value-add project is a strategic acquisition for Fix-and-Flip Investors and Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 424 W 95th Street Subject | $420,000* List Price | 2 | 1 | 770 | $564 | - |
A 228 E 103 Street Sold | $455,000 | 2 | 1 | 858 | $530 | 0.8 mi |
B 137 W 84th Place Sold | $495,000 | 2 | 1 | 936 | $529 | 1.0 mi |
C 437 East E 93rd Street Pending | $450,000 List Price | 2 | 1 | 768 | $586 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922 and marketed as an 'investor opportunity,' this property shows significant age-related wear. The presence of an old wall heater suggests outdated HVAC systems, and the exterior garage shows signs of wood rot/deterioration. The listing's call for 'imagination' and 'paint' combined with the 100+ year age and lack of recent renovation history indicates a need for a full interior and systems rehab.
The generous 6,078 sqft lot and LAR1 zoning provide an excellent opportunity for an ADU addition or property expansion to maximize investment value.
Conveniently located near the Figueroa corridor with easy access to the 105 and 110 freeways, offering a quick 15-minute commute to Downtown Los Angeles.
The property includes a detached single-car garage and a long driveway, a highly desirable feature in Los Angeles that accommodates multiple vehicles.
The home requires significant cosmetic and likely structural updates, as indicated by the 'bring your paint brush' investor-focused marketing.
At just 770 sqft, the interior living space is quite small for a two-bedroom home, which may limit its appeal to buyers seeking modern, spacious layouts.
Investor opportunity in South Los Angeles. This 2-bedroom, 1-bathroom home offers 770 sq ft of living space on a 6,076 sqft lot, zoned LAR1. Features include a detached single-car garage and a long driveway for additional parking. The backyard provides space for an addition or ADU. Tile flooring throughout. Located along the Figueroa corridor with convenient access to the 105 and 110 freeways. Approximately 15 minutes to Downtown Los Angeles. Bring your paint brush and imagination!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 770 | 1,096 | 14% |
| Lot Size | 6,078 | 5,207.5 | 90% |
| Price | $420.0K | $607.5K | 10% |
| Price per sq ft | $545 | $530 | 60% |
| Built year | 1922 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 201 | 5% |
Apr 16, 2026
$420,000
Initial Listing