
Los Angeles, California 90043
This Value-Add Residential Asset is listed at $600,000, following a strategic $50,000 price reduction to align closer to its $561,071 Fair Market Value. Currently holding a Condition Rating of 5, this 1921-built structure requires a comprehensive rehabilitation of core systems, including plumbing and electrical. The property’s significant upside is driven by the generous 6,468 Sqft Lot and its proximity to the 9/10 rated Middle College High School. This project represents a high-potential entry point into the Park Hills Heights market, ideal for Fix-and-Flip Investors or Contractors ready to execute a full modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5100 8th Avenue Subject | $600,000* List Price | 2 | 1 | 934 | $601 | - |
A 4627 7th Avenue Sold | $685,000 | 2 | 2 | 1,102 | $622 | 0.3 mi |
B 5319 6th Avenue Sold | $585,000 | 2 | 1 | 1,110 | $527 | 0.2 mi |
C 4904 7th Avenue Sold | $693,000 | 3 | 2 | 1,090 | $636 | 0.1 mi |
D 4919 7th Avenue Sold | $620,000 | 3 | 1 | 1,080 | $574 | 0.1 mi |
E 3115 W 60th Street Sold | $593,000 | 2 | 1 | 884 | $671 | 0.8 mi |
F 3702 W 59th Active | $665,000 List Price | 2 | 2 | 1,128 | $590 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property is over a century old. The exterior shows significant age with an unlandscaped yard, dated porch lattice, and an older roof, suggesting a lack of recent investment in maintenance and aesthetics. Without interior photos, it's highly probable that the kitchen and bathroom are original or very outdated, requiring complete renovation. The property analysis explicitly states that the age 'may imply the need for significant updates to plumbing, electrical, and other core systems,' indicating substantial repairs and rehabilitation are necessary to meet modern safety and comfort standards. This aligns with the 'poor' condition criteria.
High School: Middle College High School (9/10).
Situated in Los Angeles, specifically the Park Hills Heights area (MLS Area PHHT), offering access to urban amenities and potential for property value appreciation.
A substantial 6,468 sqft lot provides ample outdoor space, potential for landscaping, gardening, or future expansion opportunities for the 934 sqft home.
Built in 1921, the home is over a century old, which may imply the need for significant updates to plumbing, electrical, and other core systems, as well as potential for deferred maintenance.
With only 934 sqft, 2 bedrooms, and 1 bathroom, the property offers compact living space and limited convenience, which may not suit all buyer needs or modern family requirements.
While one elementary school is well-rated and close, many other nearby schools have lower ratings (1 or 2), which could be a concern for buyers prioritizing top-tier public education options.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 934 | 1,444 | 6% |
| Lot Size | 6,468 | 6,294 | 55% |
| Price | $600.0K | $850.0K | 13% |
| Price per sq ft | $642 | $623 | 55% |
| Built year | 1921 | 1926 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 441 | 168 | 98% |
Jan 22, 2026
$600,000
Initial Listing
Feb 5, 2025
$650,000
Initial Listing