
Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $499,888—positioned well below the $445,473 Fair Market Value by -12%. While the property requires a complete transformation due to its Condition Rating of 6, the generous 4,717 square foot lot offers significant development potential for expansion or ADU construction. Located in a strategic Los Angeles neighborhood, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to unlock value through a comprehensive renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4524 Huntington Drive N Subject | $499,888* List Price | 2 | 1 | 660 | $675 | - |
A 3117 Amethyst Street Sold | $400,000 | 2 | 1 | 548 | $730 | 0.5 mi |
B 3495 Amethyst Active | $565,000 List Price | 1 | 1 | 600 | $942 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1921 (>100 years old) with no evidence of renovations. Interior photos show significant floor damage and the listing explicitly calls for a 'complete transformation,' indicating the value is primarily in the land and potential for redevelopment.
The generous 4,717 square foot lot provides significant room for expansion, ADU construction, or a complete reimagining of the existing footprint.
Conveniently located in the El Sereno neighborhood with easy access to Downtown LA and major freeways, ensuring strong future demand.
Priced under $500,000, this property offers a rare entry-level opportunity for investors and contractors to build equity through a full renovation.
The home requires a complete transformation and is sold in as-is condition, implying substantial upfront capital investment for repairs.
At only 660 square feet, the current living space is very restrictive, which may limit financing options and immediate rental appeal.
Calling all investors, contractors, and visionaries! This 2-bedroom, 1-bath single-family home offers approximately 660 square feet of living space on a generous 4,717 square foot lot, presenting an exceptional opportunity to renovate, expand, or reimagine. Built in 1921, the property is ready for a complete transformation and is being sold in its current condition. The spacious lot features a long driveway, ample yard space, and detached storage structures, offering flexibility for a variety of future possibilities (buyer to verify). Conveniently located in Los Angeles with easy access to major freeways, shopping, dining, and Downtown LA, this is a rare chance to unlock the potential of a property in an established neighborhood. Bring your imagination and make this investment opportunity your next project!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 660 | 1,672 |
| Lot Size | 4,717 | 6,067 |
| Price | $499.9K | $1.37M |
| Price per sq ft | $757 | $801 |
| Built year | 1921 | 1939 |
| HOA | $0 | $348 |
| Days on market | 7 | 56 |
Jul 15, 2026
$499,888
Initial Listing