437 East E 93rd Street, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
ACTIVE$475,000$768/sqft
Est. Value: $468,567
-1%
FairlyEstimate
437 East E 93rd Street, Los Angeles, California 90003
2Beds
1Bath
768Sqft
4,829Lot
Price Vs. Estimate
The estimated value ($468,567.465) is $6,432.535 (1%) lower than the list price ($475,000). This property may be overpriced.
Key pros and cons
Top Pros:
Investor Opportunity/Value-Add Potential: Explicitly marketed as a 'fixer property' and 'investor opportunity,' suggesting significant upside potential through renovation and modernization.
Top Cons:
As-Is Condition & Extensive Renovation Required: Explicitly marketed as a 'fixer property' and sold 'AS IS,' indicating it requires significant investment in repairs, upgrades, and modernization.
Compared to the nearby listings
Price:$475.0K vs avg $602.5K ($-127,500)21%
Size:768 sqft vs avg 1,111 sqft12%
Price/sqft:$618 vs avg $50369%
More Insights
Built in 1924 (102 years old).
Condition: Built in 1924, this property is explicitly marketed as a 'fixer property' and sold 'AS IS,' indicating it requires substantial repairs and rehabilitation. The exterior image shows significant deferred maintenance, including worn paint, unkempt landscaping, and aged features. Without interior photos, it's highly probable that the kitchen and bathroom are original or severely outdated, requiring complete renovation. The property's age and description align with the 'poor' condition criteria, suggesting major components need repair and significant investment is required to make it safe and comfortable.
Year Built
1924
Close
-
List price
$475K
Original List price
$475K
Price/Sqft
$618
HOA
-
Days on market
-
Sold On
-
MLS number
25631073
Home ConditionPoor
Features
View-
About this home
INVESTOR OPPORTUNITY/GREAT FIXER PROPERTY!! This 2 bedrooms, 1 bath home is located in South L.A.on A beautiful tree lined family oriented neighborhood. This a Probate property and is being sold "AS IS". Private fenced front yard that leads to the front porch, long drive way that can accommodate a number of cars. This home can be turned into a lovely gem with a paint brush and a little imagination.
M
Minnie Williams
Listing Agent
Condition Rating
Poor
Built in 1924, this property is explicitly marketed as a 'fixer property' and sold 'AS IS,' indicating it requires substantial repairs and rehabilitation. The exterior image shows significant deferred maintenance, including worn paint, unkempt landscaping, and aged features. Without interior photos, it's highly probable that the kitchen and bathroom are original or severely outdated, requiring complete renovation. The property's age and description align with the 'poor' condition criteria, suggesting major components need repair and significant investment is required to make it safe and comfortable.
Pros & Cons
Pros
Investor Opportunity/Value-Add Potential: Explicitly marketed as a 'fixer property' and 'investor opportunity,' suggesting significant upside potential through renovation and modernization.
Prime Los Angeles Location: Situated in Los Angeles, a highly sought-after metropolitan area with strong real estate demand and potential for long-term appreciation.
Family-Oriented Neighborhood: Located in a 'beautiful tree lined family oriented neighborhood,' enhancing its appeal to families and contributing to a stable community environment.
Ample Off-Street Parking: Features a 'long drive way that can accommodate a number of cars,' a valuable asset in urban settings where parking can be scarce.
Private Outdoor Space: Includes a 'private fenced front yard,' offering secure and usable outdoor space for residents.
Cons
As-Is Condition & Extensive Renovation Required: Explicitly marketed as a 'fixer property' and sold 'AS IS,' indicating it requires significant investment in repairs, upgrades, and modernization.
Probate Sale Complexity: Being a probate property, the sale process may involve legal complexities and potentially longer closing timelines compared to a standard transaction.
Small Square Footage: With only 768 sqft, the living space is relatively small for a single-family home, which might limit its appeal to buyers seeking more spacious accommodations.