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530 W Colden Avenue W, Los Angeles, California 90044, Los Angeles, 90044 - 2 bed, 1 bath

530 W Colden Avenue W, Los Angeles, California 90044 home-pic-0
PENDING$459,000
530 W Colden Avenue W, Los Angeles, California 90044
2Beds
1Bath
924Sqft
6,077Lot
Year Built
1923
Close
-
List price
$459K
Original List price
$459K
Price/Sqft
$497
HOA
-
Days on market
-
Sold On
-
MLS number
DW25247109
Home ConditionPoor
Features
Good View: City Lights, Park/Greenbelt, Neighborhood, Trees/Woods
Patio
ViewCity Lights,Park/Greenbelt,Neighborhood,Trees/Woods

About this home

We found 3 Cons,6 Pros. Rank: price - $459.0K(5th), sqft - 924(10th), beds - 2(35th), baths - 1(38th).

BACK ON THE MARKET… BUYER COULD NOT PERFORM…Charming Bungalow with Endless Potential in South Los Angeles This classic two-bedroom, one-bath bungalow is a rare find—on the market for the first time in over five decades! Whether you’re a first-time homebuyer or an investor seeking your next project, this property offers incredible potential and lasting value. Upon arrival, you’ll find a spacious four-car driveway leading to a detached two-car garage at the rear of the property. The generous backyard provides ample space for expansion or the possible addition of a multi-family dwelling (buyer to verify). Recent upgrades include newer windows, and with a little TLC, this home can be beautifully restored to its former charm. Conveniently located near downtown Los Angeles and major freeways including the 10, 110, and 91, this property offers easy access to shopping, dining, and entertainment throughout the city. Don’t miss this opportunity to own a piece of Los Angeles history with room to grow and customize to your taste!

Nearby schools

4/10
Charles W. Barrett Elementary School
Public,•K-5•0.2mi
4/10
Manchester Avenue Elementary School
Public,•1-6•0.7mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•0.7mi
3/10
Ninety-Fifth Street Elementary School
Public,•K-5•0.7mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.8mi
5/10
Figueroa Street Elementary School
Public,•K-5•1.0mi
5/10
Woodcrest Elementary School
Public,•K-5•1.1mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•1.7mi
3/10
West Athens Elementary School
Public,•K-5•1.8mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.3mi
2/10
Samuel Gompers Middle School
Public,•6-8•1.2mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•2.1mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.7mi
9/10
Middle College High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
10/27/25
Listing
$459,000
03/06/68
Sold
$11,000
Condition Rating
Poor
Built in 1923 and on the market for the first time in over five decades, this property clearly indicates a lack of major renovations in the past 50+ years. The kitchen features severely outdated tiled countertops, old wood cabinets, and peeling wallpaper, suggesting significant wear and tear beyond just being out of style. The description explicitly states 'Extensive Renovation Required' and highlights 'Outdated Systems & Age-Related Issues,' indicating that substantial repairs and rehabilitation are necessary for major components. While not unlivable, it requires significant investment to bring it to modern standards and comfort.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Development Potential: Generous 6,077 sqft lot with ample backyard space, offering significant potential for expansion or the addition of an Accessory Dwelling Unit (ADU) or multi-family dwelling (buyer to verify).
Strategic Location: Highly convenient access to downtown Los Angeles and major freeways (10, 110, 91), providing excellent connectivity to city amenities, shopping, dining, and entertainment.
Affordable Entry Price: Listed at $459,000, this property represents a relatively accessible entry point into the Los Angeles single-family home market, especially considering its lot size and potential.
Ample Parking & Detached Garage: Features a spacious four-car driveway and a detached two-car garage, a valuable asset for parking and storage in an urban environment.
Historic Charm & Restoration Opportunity: A classic 1923 bungalow, on the market for the first time in over five decades, offering unique historical character and the opportunity for a buyer to restore and customize it to their taste.

Cons

Extensive Renovation Required: The property explicitly states it needs 'TLC' and is positioned as an 'investor project,' indicating that significant renovation and modernization efforts will be necessary.
Outdated Systems & Age-Related Issues: Built in 1923, the home likely retains many original systems (plumbing, electrical, HVAC) that may require costly upgrades or replacement, and could have age-related structural or material concerns.
Limited Interior Space: With only 924 sqft, the interior living space is relatively small for a 2-bedroom home, which might be a constraint for some buyers despite the large lot.

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