
Los Angeles, California 90011
This Value-Add Multi-Family Asset is listed at $930,000, offering a strategic foothold in the competitive South Los Angeles market near USC. While priced above the $836,792 Fair Market Value, the property’s Condition Rating of 5 and LAR3 Zoning provide a clear path for forced appreciation through modernization and potential redevelopment. With a 6,501 SF lot and proximity to the Santee Education Complex, the asset offers immediate rental upside with one unit delivered vacant. This high-potential project is ideal for Buy-and-Hold Investors or Fix-and-Flip Investors seeking long-term income growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 805 E 25th St Subject | $930,000* List Price | 9 | 4 | 3,126 | $268 | - |
A 317 E 36th Sold | $695,000 | 0 | 0 | 2,868 | $242 | 0.8 mi |
B 717 E 24th Street Active | $860,000 List Price | 7 | 4 | 2,603 | $330 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1913, this 111-year-old property falls into the poor category due to its age and lack of significant documented renovations. While interior photos show basic cosmetic updates like laminate flooring, the exterior shows rusted gates and aged stucco. The listing's focus on 'upside potential' and 'investment opportunity' typically indicates that major systems, kitchens, and bathrooms are dated and require a full rehab.
Centrally located near USC and Downtown Los Angeles, the property sits in a high-demand rental market with excellent proximity to major transit corridors and freeways.
The property features a large 6,501 SF lot with LAR3 zoning, providing significant future development opportunities and long-term value appreciation beyond current rental income.
The asset includes a strong mix of large units, including two 3-bedroom layouts, with one unit delivered vacant for immediate market-rate leasing or owner-occupancy.
Built in 1913, the property likely requires ongoing maintenance and capital improvements to address aging systems and structural components typical of century-old buildings.
The surrounding public schools have relatively low performance ratings, which may limit the property's appeal to families and impact long-term tenant retention.
Exceptional investment opportunity in rapidly growing South Los Angeles. This classic 4-unit income property features an attractive unit mix of two 3-bedroom/1-bath units, one 2-bedroom/1-bath unit and one 1-bedroom/1-bath unit, providing stable cash flow and strong rental demand. Situated on a large lot with gated onsite parking and alley access, the property is centrally located near USC, Downtown LA, transit corridors, and major freeways. With approximately 3,126 SF of rentable space and LAR3 zoning, this asset offers both immediate income and future upside potential for savvy investors. One of the 3-bedroom/1-bath units will be delivered vacant. Please do not disturb tenants.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 9.0 | 0.0 | 97% |
| Baths | 4.0 | 0.0 | 91% |
| Square foot | 3,126 | 2,318 | 84% |
| Lot Size | 6,501 | 5,307 | 72% |
| Price | $930.0K | $772.5K | 75% |
| Price per sq ft | $298 | $347 | 44% |
| Built year | 1913 | 1922 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 207 | 3% |
May 4, 2026
$930,000
Initial Listing
Apr 8, 2015
$352,000
Public Record
Dec 23, 2004
$400,000
Public Record
Jun 24, 2003
$255,000
Public Record
Oct 10, 1997
$185,000
Public Record