
Los Angeles, California 90032
This Commercial Redevelopment Asset is listed at $799,000, following a significant price adjustment from its original $1,300,000. Although priced above the $624,737 Fair Market Value, the property offers unique value through its rare C4-1XL Zoning and a level 7,502 SF Lot in the rising El Sereno neighborhood within the Los Angeles Unified district. Marketed as a Condition Rating 6 tear-down, the site is optimized for mixed-use development with dual access. Located minutes from Downtown LA, this is a high-upside project for Fix-and-Flip Investors or Developers seeking high-ROI land opportunities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5013 N Huntington Drive Subject | $799,000* List Price | 3 | 1 | 1,172 | $533 | - |
A 2916 Vaquero Sold | $790,000 | 3 | 2 | 1,342 | $589 | 0.7 mi |
B 5213 Navarro Street Sold | $595,000 | 2 | 1 | 846 | $703 | 0.3 mi |
C 5301 Huntington N Drive Active | $700,000 List Price | 2 | 1 | 850 | $824 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is explicitly marketed as a 'complete fixer or tear-down' with no interior access allowed for showings. Built in 1915 with no evidence of major renovations, the structure exhibits severe neglect including large holes in the ceiling, significant structural wall cracks, sagging ceiling tiles, and exposed wiring. The interior is in a state of extreme disarray, and the listing emphasizes the land value and C4-1XL zoning for redevelopment rather than the habitability of the existing home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7502, living area = 1172.
The rare C4-1XL zoning on a generous 7,500 SF lot provides a unique opportunity for commercial, mixed-use, or live/work development in a growing neighborhood.
Ideally located minutes from Downtown LA, Highland Park, and South Pasadena, with immediate access to the 5, 10, and 110 freeways for easy commuting.
Marketed as a complete tear-down or major fixer with no interior access allowed, the property requires a total capital investment for demolition or reconstruction.
A drastic price reduction from the original $1.3M to $799,000 suggests a history of overvaluation and potential difficulty in securing traditional financing for the current state.
Complete fixer or tear-down! Don't miss this prime investment opportunity in the thriving El Sereno neighborhood. This spacious 7,500 SF lot, with rare C4-1XL zoning, opens the door to endless possibilities whether it's for commercial development or a vibrant mixed-use live/work project. Conveniently located just minutes from Downtown LA, South Pasadena, Highland Park, Dodger Stadium, and Cal State LA, the property also offers seamless access to the 5, 10, and 110 freeways. El Sereno is a neighborhood on the rise, featuring recent enhancements like a new post office, library, and community garden. The lot's level terrain, coupled with alley and main road access, simplifies construction. The property currently includes a single-family home with a detached garage. Drive by and envision the potential no showings of the structures.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 1,172 | 1,223 | 41% |
| Lot Size | 7,502 | 5,427.5 | 84% |
| Price | $799.0K | $862.5K | 40% |
| Price per sq ft | $682 | $690 | 46% |
| Built year | 1915 | 1942 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 351 | 180 | 0% |
Mar 24, 2026
$799,000
$890,000
-10% Price Drop
Initial Listing
Jan 22, 2026
$890,000
$920,000
-3% Price Drop
Initial Listing
Oct 19, 2025
$920,000
$980,000
-6% Price Drop
Initial Listing
Sep 20, 2025
$980,000
Initial Listing
May 6, 2025
$1,300,000
Initial Listing