
Los Angeles, California 90033
Analysis of 620 N Fickett, Los Angeles, California 90033 is currently available with a list price of $725,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1924, this 100-year-old property is explicitly marketed as a 'value-add opportunity,' which typically indicates significant deferred maintenance. While the electrical system is noted as updated, the exterior images show peeling stucco, graffiti, and dated security bars. The lack of interior photos combined with the '40 percent rental upside' pitch suggests that kitchens, baths, and other major systems likely require a full rehab to meet modern standards.
The property offers over 40% rental upside in a high-demand infill market, providing a substantial opportunity for investors to increase equity and cash flow through strategic renovations.
Units are separately metered for gas and electricity and feature updated electrical systems, which significantly reduces owner operating expenses and simplifies utility management.
Situated on a corner lot in Boyle Heights, the property provides excellent access to the Metro E line, major freeways, and the primary employment hubs of Downtown Los Angeles.
Originally built in 1924, the property may require significant ongoing capital improvements and maintenance to address the structural needs of a 100-year-old building.
Realizing the projected rental upside in Los Angeles requires navigating complex local rent control ordinances, which may limit the speed at which an investor can achieve market-rate returns.
620 North Fickett Street is a five-unit apartment complex in Los Angeles’ Boyle Heights neighborhood. This property is a great value-add opportunity with all single-story floor plans and over 40 percent rental upside in one of Los Angeles’ most active infill development markets. 620 North Fickett Street consists of three single-story buildings and a mix of four one-bed/one-bath units and one three-bed/one-and-one-half-bath unit on a corner lot. The units are separately metered for gas and electricity, and the buildings feature updated electrical. The property is situated on a corner lot in Boyle Heights at the intersection of Fickett and Malabar streets. This location offers convenient access to freeways, transit, the Metro E line, and major Downtown Los Angeles employers and attractions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.3 |
| Square foot | 3,536 | 4,065.4 |
| Lot Size | 6,296 | 6,744.9 |
| Price | $725.0K | $1.13M |
| Price per sq ft | $205 | $262 |
| Built year | 1924 | 1939 |
| HOA | $0 | $907 |
| Days on market | 48 | 110 |
Jul 23, 2026
$725,000
Initial Listing
May 27, 2005
$495,000
Public Record