736 S Fresno, Los Angeles, California 90023, Los Angeles, 90023 - 2 bed, 1 bath
736 S Fresno
Los Angeles, California 90023
Property Price
SUMMARY
Analysis of 736 S Fresno, Los Angeles, California 90023 is currently available with a list price of $440,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1926, this property shows significant signs of age and deferred maintenance. The presence of multiple unpermitted additions—including two detached rooms, a laundry area, and a bathroom—suggests potential structural and safety issues that require substantial rehabilitation to meet modern building codes. With only 572 square feet of permitted living space and a description emphasizing renovation feasibility, the home is likely in a state of disrepair requiring major system updates.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The LAR2 zoning designation provides a significant value-add opportunity, allowing for the construction of up to two dwelling units on the lot, such as a duplex or two separate homes.
- Strategic Location
Situated in the Boyle Heights area, the property offers excellent proximity to major freeways, key employment centers, schools, and established retail corridors.
- Additional Functional Space
The inclusion of two detached rooms and an extra bathroom/laundry area provides more utility and living space than the standard 2-bedroom footprint suggests.
CONSRISKS & DEFICIENCIES
- Unpermitted Improvements
The additional detached rooms and bathroom were added without permits, which may complicate financing, insurance, and future legal compliance with the City of Los Angeles.
- Compact Permitted Living Area
With only 572 square feet of permitted living space, the primary residence is exceptionally small, which may limit its appeal to traditional families or owner-occupants.
- Significant Age and Maintenance
Built in 1926, the structure likely requires substantial modernization and potential repairs to its core systems to meet contemporary building standards and buyer expectations.
About 736 S Fresno
This 2-bedroom, 1-bathroom single-family residence with 2 additional detached rooms added without permits and laundry and bathroom added without permits. Located on a residential street with convenient access to major freeways, employment centers, schools, and retail corridors, the property benefits from a location. Property falls under LAR2 zoning allowing for up to two dwelling units per lot, like duplexes or two separate single-family homes, with specific requirements for minimum lot size (buyer to check with City of Los Angeles to confirm all details and restrictions). Buyer to perform their own due diligence regarding possession, renovation feasibility, and applicable local and state regulations.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 2,565 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 572 | 1,040 | 5% |
| Lot Size | 2,565 | 4,946 | 10% |
| Price | $440.0K | $624.0K | 19% |
| Price per sq ft | $769 | $543 | 90% |
| Built year | 1926 | 1922 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 200 | 10% |
Pricing History
Listed for Sale
Feb 18, 2026
$440,000
$375,000
+17% Price Increase
Initial Listing
Price Change
Jan 11, 2026
$375,000
Initial Listing
Sold
Aug 1, 2001
$99,000
Public Record