8000 Lou Dillon Avenue, Los Angeles, California 90001, Los Angeles, 90001 - 2 bed, 1 bath
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Los Angeles, California 90001
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned well below the $498,137 Fair Market Value by 0.63%. This valuation gap offers $3,137 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant modernization, yet the 4,877 sqft lot with a detached bonus room provides clear ADU potential. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a convenient Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8000 Lou Dillon Avenue Subject | $495,000* List Price | 2 | 1 | 680 | $733 | - |
A 1524 E 75th Sold | $640,000 | 3 | 1 | 924 | $693 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, this 102-year-old home is marketed as a 'value-add' and 'upside potential' property, which are industry indicators for a home needing significant rehabilitation. Given the age and the lack of mentioned updates to the kitchen, baths, or major systems, it requires a full rehab to meet modern standards.
The property features a detached garage and a detached bonus room on a nearly 5,000 sqft lot, offering significant potential for ADU conversion or value-add expansion to maximize ROI.
The residence is fully gated with a long private driveway, providing a high level of security and ample off-street parking, which is a premium feature in this Los Angeles neighborhood.
Priced under $500,000, this property serves as an accessible entry point for investors or owner-users looking for a project with clear upside potential in a convenient location near major freeways.
At only 680 square feet for a two-bedroom layout, the interior living space is quite restrictive and may feel cramped for modern buyer expectations.
Built in 1922, the home likely requires significant modernization of its core systems and structural components to address the wear and tear of a 100-year-old property.
Gated Los Angeles property with great upside potential! This 2 bed, 1 bath home features a long gated driveway, detached garage, and detached bonus room ideal for storage, office, studio, hobby space, or possible future use. Great opportunity for buyers, investors, or owner-users looking for ADU potential, garage conversion possibilities, and value-add upside. Convenient location near shopping, schools, transportation, and freeway access. Buyer to verify all permits, square footage, zoning, and ADU possibilities with the City of Los Angeles.
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 | 680 | 1,672 |
| Lot Size | 4,877 | 6,067 |
| Price | $495.0K | $1.37M |
| Price per sq ft | $728 | $801 |
| Built year | 1922 | 1939 |
| HOA | $0 | $348 |
| Days on market | 2 | 56 |
Jul 20, 2026
$495,000
Initial Listing
Sep 9, 2016
$226,000
Public Record