
Los Angeles, California 90023
This property presents a High-Potential Investment Opportunity with a List Price of $572,000—positioned well below the $568,467 Fair Market Value (Note: Market is currently priced at parity). Featuring a Fair Condition Rating, this 1924 Spanish-style home requires significant renovation, including addressing unpermitted additions. The property offers strategic connectivity to Downtown LA and the 710/5 freeways, alongside a 4-car driveway. This is a Fix-and-Flip Investor or Contractor acquisition, ideal for those seeking to capture value through structural and cosmetic improvements.
Property is extensive renovation needed.
Built in 1924, this 100-year-old property is explicitly marketed to investors as a fixer-upper ('bring your tools'). The listing mentions unpermitted additions and an 'as-is' sale, indicating significant deferred maintenance. While the bathroom shows a dated partial renovation (approx. 15-20 years old), the overall structure and systems likely require a full rehab to meet modern safety standards.
Situated just 10 minutes from Downtown Los Angeles with immediate access to the 710 and 5 freeways, offering excellent connectivity for commuters.
This Spanish-style home features two bonus rooms and significant upside potential for investors or buyers willing to renovate and build equity.
The property includes a long driveway capable of parking up to four medium-sized vehicles, a highly desirable feature in a dense urban area.
The home is sold in 'as-is' condition and contains unpermitted additions, requiring immediate capital investment and potential legal compliance efforts.
With no backyard and a small lot size, the property offers very limited outdoor utility and restricted options for future footprint expansion.
Investors bring in your tools .Spanish style home, cozy 2 bedroom home with two bonus rooms. with immense upside potential. Home located board line with Commerce, 10 minutes to downtown L A. Looking for a very low maintenance upkeep yard. House has great potential, no back yard, driveway able to park up to 4 medium size cars. You can make this your home or investment, very close to 710 and 5 freeway. some additions may not be permitted. house is sold as is, where it is. NO GARAGE BUT LARGE CAR PORT THIS IS A CASH ONLY SALE AS IT WILL NEVER FINANCE BASED ON ITS CURRENT CONDITION
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 840 | 1,664.159 |
| Lot Size | 2,863 | 6,066.556 |
| Price | $500.0K | $1.35M |
| Price per sq ft | $595 | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 25 | 55 |
Aug 29, 2026
$499,999
$519,000
-4% Price Drop
Initial Listing
Aug 22, 2026
$519,000
$572,000
-9% Price Drop
Initial Listing
Aug 15, 2026
$572,000
Initial Listing