
Los Angeles, California 90001
This High-Density Development Asset is listed at $729,995, positioned relative to its $638,704 Fair Market Value. The property’s primary value is anchored in its LCR3 Zoning and 4,730 sqft Corner Lot, providing significant upside for multi-unit residential opportunities or high-density projects. Currently holding a Condition Rating of 5, the 1912-built structure requires a comprehensive rehabilitation to address century-old infrastructure and deferred maintenance. Located in the Los Angeles Unified district near Downtown L.A., this project represents a strategic acquisition for Fix-and-Flip Investors or Contractors looking to unlock land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6922 Makee Avenue Subject | $729,995* List Price | 3 | 1 | 1,132 | $564 | - |
A 1524 E 75th Sold | $640,000 | 3 | 1 | 924 | $693 | 0.3 mi |
B 758 E 76th Pl Place Sold | $640,000 | 2 | 1 | 834 | $767 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912, the property is over 100 years old with no evidence of major recent renovations. The kitchen and flooring appear to be at least 30-40 years old, and the use of a wall heater indicates an outdated HVAC system. The listing's emphasis on 'TLC,' 'investors welcome,' and 'zoning potential' suggests the value is primarily in the land or a total rehab project.
The property is situated on a corner lot with LCR3 zoning, providing significant upside for investors or developers looking to explore multi-unit residential opportunities or high-density projects.
The corner lot positioning offers enhanced privacy, increased curb appeal, and greater flexibility for site access, which is highly desirable for both homeowners and future development.
With three bedrooms and over 1,100 square feet of living space, the home offers a practical and sought-after configuration for first-time buyers looking to enter the Los Angeles market.
The property is noted as needing 'TLC,' indicating deferred maintenance that will require immediate capital investment for repairs and modernization to reach its full market value.
Built in 1912, the home's age suggests potential challenges with vintage structural systems, including plumbing, electrical, and foundation components that may not meet modern standards.
Charming 3 bedroom, 1 bath on a corner lot with 1132 square feet of living space. Home needs a little TLC and a great starter home. Investors are welcome. Home has lots of potentials with a LCR3 zoning. Buyer's and buyer agent to verify all information and do all their investigations.
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 | 47% |
| Square foot | 1,132 | 1,062.5 | 53% |
| Lot Size | 4,730 | 4,798.5 | 47% |
| Price | $730.0K | $590.0K | 88% |
| Price per sq ft | $645 | $559 | 62% |
| Built year | 1912 | 1926 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 171 | 3% |
Apr 23, 2026
$729,995
Initial Listing