
Los Angeles, California 90042
This 1921 Cali Bungalow Renovation Project represents a High-Potential Investment Opportunity with a List Price of $649,000—positioned well below the $659,674 Fair Market Value by 1%. This valuation gap offers $10,674 in Instant Equity for buyers ready to execute a full-scale restoration. While currently holding a Condition Rating of 5, the property features a desirable City Lights View and a prime location in Highland Park. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors looking to capture value in Northeast LA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6234 Bertha Subject | $649,000* List Price | 3 | 1 | 888 | $743 | - |
A 5811 Arroyo Active | $699,000 List Price | 2 | 1 | 800 | $874 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property is explicitly marketed as a 'full renovation project' and sold 'as-is.' The interior images reveal significant deferred maintenance, including peeling wallpaper, damaged plaster, and worn flooring. The kitchen and bathroom are severely outdated, featuring ancient fixtures and cabinetry that require complete replacement. The property lacks modern appliances and shows signs of long-term neglect, making it uninhabitable in its current state without substantial structural and system rehabilitation.
Situated in the desirable Arroyo Seco Hills, the property offers exceptional proximity to the vibrant dining, shopping, and entertainment scenes on York Blvd and Figueroa St.
Priced specifically as a renovation project in a high-demand area, this property represents a rare opportunity for investors or contractors to capture significant equity in the Northeast LA market.
Built in 1921, this Cali Bungalow retains the timeless architectural character of the region, providing a unique and authentic canvas for a custom restoration project.
The property is sold in 'as-is' condition and requires substantial repairs and a full renovation, which will necessitate significant additional capital and experience.
At only 888 square feet for a three-bedroom configuration, the living spaces are exceptionally compact and may feel cramped by modern standards without a structural reconfiguration.
This lovely, shaded Cali Bungalow sits amidst the timeless Arroyo Seco Hills. Featuring 3 bedrooms, 1 Bathroom, and clocking in at approximately 888 SqFt, is a true heritage home, built in 1921. With the history this home bears, you can expect this property to be a project at its price point. Although requiring many repairs, the benefit of such valuable land in a location like Highland Park makes this home a rare opportunity! Situated on a residential street with close proximity to York Blvd and Figueroa St, expect easy access to Highland Park’s popular dining, shopping, and entertainment scene. Additionally, one of the best features about NELA is how centrally it’s located. Only a short drive from the most popular parts of LA, this home gives you the versatility to explore it all! Ideally set for investors, contractors, and experienced buyers looking for a full renovation project in Northeast LA! Property to be sold AS-IS. Buyer to verify all information and conduct their own due diligence.
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 | 25% |
| Square foot | 888 | 1,411 | 10% |
| Lot Size | 2,718 | 5,399.5 | 11% |
| Price | $649.0K | $1.21M | 3% |
| Price per sq ft | $731 | $888 | 29% |
| Built year | 1921 | 1924 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 175 | 22% |
Feb 2, 2026
$649,000
Initial Listing