
Los Angeles, California 90011
This High-Potential Rehabilitation Project is listed at $650,000, representing a market-accurate entry at its $644,673 Fair Market Value. The asset carries a Condition Rating of 5, requiring a comprehensive Value-Add strategy to address significant deferred maintenance. Despite the Permit and Record Discrepancy regarding the second bathroom, the 6,001 sqft lot provides substantial expansion potential near USC and Downtown LA. With proximity to Santee Education Complex, this property offers strong rental demand for Fix-and-Flip Investors or Buy-and-Hold Investors seeking long-term ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 807 E 20th Subject | $650,000* List Price | 3 | 2 | 1,296 | $497 | - |
A 1447 E 22nd Street Sold | $627,777 | 3 | 2 | 1,380 | $455 | 0.6 mi |
B 455 E 28th Street Sold | $675,000 | 3 | 1 | 1,116 | $605 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1903, this property is a classic fixer-upper requiring substantial rehabilitation. The kitchen and bathrooms are severely outdated with old fixtures and appliances, and the interior shows significant wear including dated flooring and wall-mounted heaters. The listing description explicitly states the home needs 'TLC' and is a project for rehabilitation, which aligns with the visible deferred maintenance and aged systems.
The property is ideally situated near Downtown Los Angeles, USC, and Exposition Park, offering excellent proximity to major employment hubs and cultural attractions.
With a 6,001 sqft lot and a large backyard, the property provides ample space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
Priced as a fixer-upper, this property serves as an excellent rehabilitation project for investors looking to build equity through modernization in a high-demand area.
The residence requires significant 'TLC' and rehabilitation, implying substantial upfront capital investment will be needed to bring the home to modern standards.
A discrepancy exists between the listing (2 baths) and the official property profile (1 bath), which may indicate unpermitted work and could complicate financing or future permitting.
This property has a huge back yard, close to freeway 10 and 110,(Property profile shows only 3Br and 1Ba) 3+2, property needs a TLC but it could be a nice project to rehabilitate it and upgrade it, this property is located close to Stores, Dawn town LA, USC, Exposition Park
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,296 | 1,162.5 | 66% |
| Lot Size | 6,001 | 4,568.5 | 78% |
| Price | $650.0K | $567.5K | 75% |
| Price per sq ft | $502 | $505 | 50% |
| Built year | 1903 | 1909 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 208 | 3% |
Mar 16, 2026
$650,000
Initial Listing
Dec 19, 1997
$103,500
Public Record