
Los Angeles, California 90011
This property presents a High-Potential Investment Opportunity with a List Price of $600,000—positioned well below the $535,903 Fair Market Value by -11%. While the home has a Condition Rating of 5, the significant renovation requirement offers a clear path to forced appreciation. Located near the 110 and 10 freeways and within walking distance to Ascot Avenue Elementary, this asset provides strategic commuter access. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4439 Lima Street Subject | $600,000* List Price | 3 | 2 | 1,013 | $515 | - |
A 975 E 43rd Street Sold | $445,000 | 2 | 1 | 1,024 | $435 | 0.7 mi |
B 1580 E 45th Street Active | $670,000 List Price | 4 | 2 | 1,210 | $554 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908, the property shows significant aging with a kitchen and interior finishes that appear to be over 30 years old. The listing explicitly states it 'needs TLC,' and visual evidence of dated tile-work and exposed light bulbs suggests the home requires a full rehab of systems and cosmetics to meet modern standards.
The property is ideally situated near the 110 and 10 freeways, providing excellent accessibility to Downtown Los Angeles and surrounding employment hubs.
Priced competitively for a 3-bedroom home in Los Angeles, this property offers a significant opportunity for investors or homeowners to build equity through renovations and 'TLC'.
Located just 0.08 miles from Ascot Avenue Elementary, the home offers unparalleled convenience for families with young children, being within walking distance to campus.
The listing explicitly notes the home 'needs TLC,' indicating that buyers should budget for immediate repairs and modernization to address its current condition.
Built in 1908, the property may feature aging systems and a compact 1,013 sqft layout that could feel restrictive for a three-bedroom configuration by modern standards.
PRICE TO SELL! Welcome Home! This home won’t last!! This is a 3 bedroom, 2 bathroom in a desirable neighborhood of Los Angeles, CA !! Great location, close to schools, shopping, near the 110 and 10 freeways. This House needs TLC to make it your own -Looking for a wonderful family to enjoy and make it a Home Sweet Home to enjoy with family and friends! GREAT INVESTMENT PROPERTY. NO BLIND OFFERS ACCEPTED. PLEASE SCHEDULE AN APPOINTMENT TO VIEW PROPERTY.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades 1-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,013 | 1,664.159 |
| Lot Size | 3,769 | 6,066.556 |
| Price | $600.0K | $1.35M |
| Price per sq ft | $592 | $806 |
| Built year | 1908 | 1939 |
| HOA | $0 | $278 |
| Days on market | 38 | 55 |
Aug 2, 2026
$600,000
Initial Listing
Dec 24, 2009
$158,000
Public Record
Aug 14, 2006
$400,000
Public Record