
Los Angeles, California 90037
This LAC2-Zoned Development Site is a High-Potential Investment Opportunity listed at $695,000. While the $494,375 Fair Market Value reflects the existing structure's state, the property is strategically priced for its land and Development Potential. Located one block from BMO Stadium and minutes from USC, the 6,002 sq. ft. lot offers significant upside in a rapidly appreciating corridor. Given the Condition Rating of 6, this site is a prime candidate for new construction near the Expo Line. It is an ideal asset for Developers and Strategic Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4313 S Flower Street Subject | $695,000* List Price | 3 | 1 | 1,344 | $440 | - |
A 1247 W 49th Street Sold | $550,000 | 3 | 1 | 1,392 | $395 | 1.0 mi |
B 620 W 42nd Place Sold | $495,000 | 2 | 1 | 1,088 | $455 | 0.2 mi |
C 201 W 50th Sold | $660,000 | 3 | 1 | 1,014 | $651 | 0.6 mi |
D 1123 W 52nd Street Sold | $618,000 | 2 | 1 | 1,234 | $501 | 1.0 mi |
E 4211 S Flower Pending | $640,000 List Price | 2 | 1 | 1,148 | $557 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1906, making it over 100 years old. The listing explicitly states it is 'Priced at land value,' indicating the structure itself holds little to no market value. The exterior image shows severe deferred maintenance, including peeling paint, crumbling porch steps, an aged roof, and general disrepair, strongly suggesting the house is unlivable or would require extensive, costly rehabilitation that makes its value solely based on the land for redevelopment.
This property offers 3 bed and 1 bath situated on a 6,002 sq. ft. LAC2-zoned lot, ideally located just minutes from the University of Southern California, the Los Angeles Coliseum, and only one block from the iconic BMO Stadium, home of LAFC. Residents will also enjoy close proximity to Exposition Park, the new Lucas Museum of Narrative Art, and convenient access to the Expo Line Train Station. With the neighborhood experiencing strong appreciation, this site presents an excellent opportunity for new development. Priced at land value this is a rare investment opportunity not to be missed!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,344 | 1,672 |
| Lot Size | 6,002 | 6,067 |
| Price | $695.0K | $1.37M |
| Price per sq ft | $517 | $801 |
| Built year | 1906 | 1939 |
| HOA | $0 | $348 |
| Days on market | 236 | 56 |
Dec 1, 2025
$695,000
Initial Listing