7533 Maie Avenue, Los Angeles, California 90001, Los Angeles, 90001 - 1 bed, 1 bath
7533 Maie Avenue
Los Angeles, California 90001
Property Price
SUMMARY
Analysis of 7533 Maie Avenue, Los Angeles, California 90001 is currently available with a list price of $899,999. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 land value only, full reconstruction required.
The property is a 1922 original structure with negligible residential value, marketed specifically as a 'ready to build' development site with approved plans and permits for a new 4,113 SF duplex and ADU. The existing 572 SF house is effectively a tear-down to make way for the new construction project, and the listing value is based entirely on the land and development potential.
PROSSTRENGTHS & OPPORTUNITIES
- Shovel-Ready Development
The property is a rare 'ready to build' opportunity with fully approved plans, permits in hand, and all city fees already paid, saving the buyer significant time and administrative costs.
- High-Density Potential
The approved plans maximize the lot's utility by transforming a tiny 572 SF house into a massive 4,113 SF multi-unit project, including a 6-bedroom main residence and a 3-bedroom ADU.
- Streamlined Construction Path
The seller is a developer and contractor willing to offer construction services, providing a convenient, turnkey solution for investors looking to execute the project immediately.
CONSRISKS & DEFICIENCIES
- Significant Capital Requirement
While the plans are ready, the buyer must still fund the full-scale construction of over 4,000 square feet, requiring substantial liquid capital or construction financing.
- Minimal Current Utility
The existing 1922 structure is only 572 square feet and offers negligible rental or residential value in its current state, making the investment entirely dependent on new development.
About 7533 Maie Avenue
Plans were approved by July 25. Building permits are in hands. It ready to build. 572SF ORIGINAL SINGLE FAMILY HOUSE WITH BIG LOT. 4113 SF NEW DUPLEX BUILDING ADU AND CONVERSION PLAN HAVE JUST BEEN APPROVED. IT IS READY TO BUILD. FRONT BUILDING PLAN FOR NEW MAIN HOUSE: 3058 SF 2-STORY SINGLE FAMILY RESIDENCE WITH NEW SFD WITH 6 BEDROOMS, 5 BATHS AND 2-CAR GARAGE 418SF. BACK UNIT REMODEL AND CONVERTING TO ADU WITH ADDITION NEW AREA: CONVERSION OF 1055SF ACCESSORY DWELLING UNIT (ADU) WITH 3 BEDROOMS AND 3 BATHS. ALL THE PLANCHECK, PERMITS AND CITY FEES HAD BEEN PAID. NEW BUYER JUST TAKE THE PROJECT AND START THE CONSTRUCTION. SELLER IS A DEVELOPER AND CONTRACTOR AND CAN OFFER REASONABLE PRICE FOR THE BUILDING JOBS. ANY QUESTIONS, PLEASE CALL LISTING AGENT.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 5,826 Sq. Ft.
Interior
- Total Bedrooms
- 1
- 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 | 1.0 | 3.0 | 10% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 572 | 1,050 | 7% |
| Lot Size | 5,826 | 5,321 | 72% |
| Price | $900.0K | $575.0K | 93% |
| Price per sq ft | $1.6K | $543 | 93% |
| Built year | 1922 | 1926 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 792 | 182 | 0% |
Pricing History
Listed for Sale
Oct 23, 2025
$899,999
$699,999
+29% Price Increase
Initial Listing
Price Change
Sep 24, 2025
$699,999
Initial Listing
Price Change
Jan 4, 2024
$599,999
Initial Listing
Sold
Jul 12, 2022
$450,000
Public Record