
Los Angeles, California 90063
Analysis of 451 S Lorena, Los Angeles, California 90063 is currently available with a list price of $575,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1924, this property is explicitly described as a 'heavy rehab project' with three out of four units requiring 'substantial rehabilitation prior to occupancy.' Images confirm this, showing exposed studs, dilapidated kitchens with missing appliances and severely outdated fixtures, and bathrooms that are either stripped or in extreme disrepair with visible mold/mildew. While the tenant-occupied unit appears livable, its kitchen and bathroom are very dated with old cabinets, countertops, and fixtures, and the overall property condition is dominated by the extensive repairs needed for the vacant units. The property is sold 'as-is, where-is,' indicating significant defects and a need for major system replacements and structural attention.
This quadruplex offers a significant opportunity for multiple income streams, appealing directly to investors seeking diversified rental revenue.
Explicitly described as a 'value-add' property, it presents a clear path for investors to increase equity and rental income through strategic renovations.
Located in Boyle Heights, a market noted for its strong rental demand, ensuring a robust tenant pool post-rehabilitation.
Three units demand 'substantial rehabilitation,' implying significant capital expenditure, time commitment, and project management for the investor.
The property is offered without warranties, transferring all responsibility for its current condition and any necessary repairs or upgrades to the buyer.
Built in 1924, the property is likely to have outdated systems and potential structural issues, which could lead to unforeseen costs and complexities during renovation.
Value-add 4-unit property in Boyle Heights. Front unit is tenant-occupied; three rear units are vacant and require substantial rehabilitation prior to occupancy. Ideal for investors seeking a heavy rehab project in a strong rental market. Property sold as-is, where-is, with no warranties as to condition or future use.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,719 | 2,250 |
| Lot Size | 4,653 | 5,864 |
| Price | $575.0K | $826.7K |
| Price per sq ft | $211 | $395 |
| Built year | 1924 | 1925 |
| HOA | $0 | $0 |
| Days on market | 172 | 83 |
Feb 3, 2026
$575,000
Initial Listing