
Los Angeles, California 90032
This property presents a High-Potential Investment Opportunity with a List Price of $685,000—positioned well above the $584,010 Fair Market Value by -17%. While the current valuation reflects a premium, the expansive 7,312 square foot lot and detached two-car garage provide significant upside for an ADU addition or full-scale renovation. Given the Condition Rating of 5, this asset requires a comprehensive gut-rehab to modernize the 1907 structure. This project is best suited for Value-Add Investors or Experienced Builders capable of executing a strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4860 Edison Street Subject | $685,000* List Price | 2 | 1 | 784 | $745 | - |
A 3300 Thelma Avenue Sold | $660,000 | 2 | 1 | 960 | $688 | 0.3 mi |
B 5301 Huntington N Drive Active | $700,000 List Price | 2 | 1 | 850 | $824 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1907 (117 years old) with no evidence of recent renovations, this property shows significant exterior neglect including a collapsing awning and overgrown vegetation. The listing's emphasis on 'investors,' 'builders,' and 'as-is' status indicates that the kitchen, baths, and major systems likely require a full gut-rehab or replacement.
The expansive 7,312 square foot lot provides substantial outdoor space and offers excellent potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
Situated in the established El Sereno neighborhood, this property serves as a prime canvas for investors or builders to renovate and capitalize on the area's rising value.
The inclusion of a detached two-car garage adds valuable off-street parking and versatile storage options, which is a highly sought-after feature in Northeast Los Angeles.
With only 784 square feet of living space, the current floor plan is quite compact, which may require a strategic layout redesign or expansion to meet modern buyer needs.
The property is being sold in its current condition and was built in 1907, indicating that significant capital investment for repairs and modernization will likely be necessary.
Great opportunity to invest in one of Northeast Los Angeles established neighborhoods. Situated in El Sereno, this 2-bedroom, 1-bath single-family home offers approximately 784 square feet of living space and is ideal for investors, builders, or buyers looking to renovate and customize a property to their own vision. The detached 2-car garage adds functionality with ample parking and additional storage space. Conveniently located near schools, shopping, restaurants, parks, and major transportation corridors, this property offers a prime location with excellent upside potential. Bring your vision and transform this property into something truly special. Property is being sold As-Is.
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 | 784 | 1,672 |
| Lot Size | 7,312 | 6,067 |
| Price | $685.0K | $1.37M |
| Price per sq ft | $874 | $801 |
| Built year | 1907 | 1939 |
| HOA | $0 | $348 |
| Days on market | 8 | 56 |
Jul 14, 2026
$685,000
Initial Listing
Jan 8, 2019
$428,000
Public Record