
Los Angeles, California 90011
This property presents a High-Potential Investment Opportunity with a List Price of $574,999—positioned well below the $534,801 Fair Market Value by -7%. Featuring 2 Separate Homes on 1 Lot with LARD1.5 Zoning, this Residential Income asset is a true fixer-upper with a Condition Rating of 5. The 6,400 sq. ft. lot provides significant density potential for Buy-and-Hold Investors and Contractors capable of managing a full-scale renovation and existing tenant transitions.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5526 Compton Avenue Subject | $574,999* List Price | 0 | 0 | 1,620 | $330 | - |
A 1407 E 50th Street Sold | $734,000 | 0 | 0 | 2,141 | $343 | 0.4 mi |
B 1350 E 43rd Street Active | $650,000 List Price | 0 | 0 | 1,668 | $390 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1905, this property is a significant fixer opportunity that does not qualify for conventional financing, indicating major system or structural deficiencies. The exterior shows significant wear, and the listing explicitly targets cash investors for a full rehab.
The property features two separate homes on a single lot, providing immediate potential for dual rental income streams or a multi-generational living setup.
Zoned LARD1.5 on a spacious 6,400+ square foot lot, this property offers significant opportunities for density enhancement or future expansion in a high-demand area.
As a true fixer-upper, this property allows investors to build substantial forced equity through strategic renovations and modernization of the existing 1905 structures.
The property is ineligible for conventional financing due to its condition, restricting the buyer pool to those with cash or alternative high-interest financing.
Being sold in as-is condition with existing tenants presents operational challenges for immediate renovation, property access, and potential deferred maintenance costs.
INVESTOR OPPORTUNITY – 2 HOMES ON 1 LOT! This property at 5526 Compton Ave., Los Angeles features two separate homes on one lot, offering an excellent opportunity for investors looking to renovate and add value. The property sits on a 6,000+ sq. ft. lot and is zoned LARD1.5. Both homes are being sold in AS-IS condition with existing tenants. This is a true fixer opportunity with potential for investors to improve the existing structures and explore the possibilities offered by the lot and zoning. Important: This property will not qualify for conventional financing. Cash or alternative financing may be required. Property Highlights: 2 Separate Homes on 1 Lot 6,000+ Sq. Ft. Lot LARD1.5 Zoning Investor/Fixer Opportunity Existing Tenants Sold AS-IS Not Eligible for Conventional Financing Potential Income-Producing Property Buyer to conduct their own due diligence regarding zoning, permits, tenant status, square footage, development potential, and all other property information.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 1-5 • 0.4 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,620 | 2,187.451 |
| Lot Size | 6,400 | 5,841.385 |
| Price | $575.0K | $841.5K |
| Price per sq ft | $355 | $385 |
| Built year | 1905 | 1928 |
| HOA | $0 | $0 |
| Days on market | 9 | 85 |
Aug 31, 2026
$574,999
Initial Listing