
Los Angeles, California 90001
This 1929 Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $500,000—positioned well below the $469,179 Fair Market Value by -6%. Featuring a Condition Rating of 4, the property offers a blank canvas for cosmetic modernization. While the home requires updates to its vintage infrastructure, its proximity to the Alameda Shopping Center and Pacific Paseo Village ensures long-term demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7017 Wilson Avenue Subject | $515,000* List Price | 2 | 1 | 810 | $617 | - |
A 6300 Holmes Avenue Active | $530,000 List Price | 2 | 1 | 748 | $709 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, the home features updates like ceramic tile flooring and paint that appear to be 20+ years old. The property relies on a dated wall heater rather than a modern central HVAC system, and the fixtures and finishes are functional but significantly dated, fitting the criteria for a property needing minor repairs and cosmetic modernization.
Conveniently situated near major shopping hubs like the Alameda Shopping Center and Pacific Paseo Village, offering excellent accessibility and convenience.
Priced at $500,000, this property serves as an accessible and affordable entry point into the competitive Los Angeles single-family housing market.
As a standalone single-family home rather than a condo or townhome, it offers buyers greater autonomy, privacy, and long-term land value.
Built in 1929, the home's historical age means it may require modern updates, repairs, or maintenance to its older infrastructure and systems.
With only 810 square feet of living space and a small 2,013 square foot lot, the property offers limited room for larger families or future expansion.
LOCATION LOCATION LOCATION!!!! Fantastic house for a first time home buyer, this home is located near many shopping centers, very close to Alameda Shopping Center. Very well located property close to the City of Huntington Park, close to Pacific Paseo Village, as well as Linda Market High School, close to many Companies come by and see it!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 810 | 1,672 |
| Lot Size | 2,013 | 6,067 |
| Price | $515.0K | $1.37M |
| Price per sq ft | $636 | $801 |
| Built year | 1929 | 1939 |
| HOA | $0 | $348 |
| Days on market | 29 | 56 |
Jul 14, 2026
$515,000
$500,000
+3% Price Increase
Initial Listing
Jun 23, 2026
$500,000
Initial Listing
Oct 29, 2015
$227,000
Public Record