4865 Ascot, Los Angeles, California 90011, Los Angeles, 90011 - 2 bed, 1 bath
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This property presents a High-Potential Investment Opportunity with a List Price of $440,000—positioned well above the $392,979 Fair Market Value by -11%. While the current pricing reflects a premium, the property offers a clear path to value-add through renovation. With a Condition Rating of 5, the home requires significant modernization to reach its full potential. Located within walking distance of Ascot Avenue Elementary, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a project in a high-demand, transit-accessible Los Angeles neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4865 Ascot Subject 2 bd · 1 ba · 780 sqft · $504 | $440,000* List Price | 2 | 1 | 780 | $504 | - |
A 975 E 43rd Street Sold 2 bd · 1 ba · 1,024 sqft · $435 · 0.7 mi | $445,000 | 2 | 1 | 1,024 | $435 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1910 (114 years old) and the listing explicitly states it 'will need an upgrade work to bring an upper value.' Given the age and the lack of mentioned renovations, the kitchen, bath, and major systems are likely over 30 years old and require a full rehab to meet modern standards.
Priced at $440,000 in the Los Angeles market, this property offers significant upside potential for investors or flippers to build equity through strategic renovations and modernization.
The seller will deliver the property vacant upon closing, eliminating the complexities of tenant relocation and allowing for immediate possession or the start of construction.
The home is conveniently located within walking distance of multiple schools, including Ascot Avenue Elementary and Hooper Avenue Elementary, both less than 0.3 miles away.
Built in 1910, the property requires substantial upgrade work to reach its full market value, likely involving deferred maintenance and aging infrastructure common in century-old homes.
With only 780 square feet of living area and a compact 2,374 square foot lot, the property offers limited space for larger families or those seeking significant outdoor amenities.
Good location in South Central Los angels clean property but it will need an upgrade work to bring an upper value, seller is moving out of state, and will deliver property vacant
No exterior & parking available.
Grades 1-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 780 | 1,670.836 |
| Lot Size | 2,374 | 6,152.156 |
| Price | $440.0K | $1.34M |
| Price per sq ft | $564 | $807 |
| Built year | 1910 | 1941 |
| HOA | $0 | $238 |
| Days on market | 11 | 56 |
Oct 29, 2026
$440,000
Initial Listing
Nov 23, 2009
$169,000
Public Record
Jul 7, 2009
$75,000
Public Record
Jan 28, 2002
$225,000
Public Record