
Los Angeles, California 90023
This Value-Add Asset in Boyle Heights is a strategic opportunity with a List Price of $499,900, aligned with its $452,526 Fair Market Value. Holding a Poor Condition Rating, the 1920s structure requires substantial modernization, yet the expansive 5,346 sqft lot provides significant upside through ADU development or footprint expansion. Located within the Los Angeles Unified district and minutes from Downtown Los Angeles, the property is positioned for forced appreciation in a high-demand submarket. This project is an ideal acquisition for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 810 S Indiana Subject | $499,900* List Price | 2 | 1 | 732 | $653 | - |
A 1016 S Grande Vista Avenue Sold | $560,000 | 2 | 1 | 936 | $598 | 0.8 mi |
B 3334 Estrada St Sold | $590,000 | 3 | 1 | 960 | $615 | 0.9 mi |
C 1028 S Gage Avenue Sold | $425,000 | 3 | 1 | 888 | $479 | 0.5 mi |
D 1259 S Alma Active | $499,000 List Price | 2 | 1 | 620 | $805 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920, this property is marketed as a fixer-upper for investors. The interior features a highly outdated kitchen with old cabinetry and tile, an aged bathroom, and worn flooring. The listing description and property analysis confirm aging infrastructure and the need for substantial modernization and structural updates.
The property features a generous 5,346 sqft lot, providing significant upside for investors to add an ADU or expand the existing footprint to maximize value.
Ideally situated with rapid access to the 60 and 5 Freeways and Downtown Los Angeles, offering residents proximity to major employment hubs and iconic entertainment venues.
Priced competitively under $500,000 in a high-demand area, this listing represents a rare entry-level opportunity for a fix-and-flip or a long-term buy-and-hold rental strategy.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Originally built in 1920, the property likely requires substantial modernization and structural updates to meet current building codes and buyer expectations.
With only 732 square feet of living area, the current interior is quite small, which may restrict its appeal to larger families or owner-users looking for immediate functional space.
Attention Investors and Savvy Buyers! Outstanding opportunity with tremendous upside potential! Priced to sell and awaiting the right investor or owner-user, this property offers multiple possibilities—live in, generate rental income, or expand by adding an ADU. Situated on a generously sized lot, the property provides ample space for future improvements and value-add potential. Conveniently located with easy access to Whittier Blvd, the 60 and 5 Freeways, and just minutes from Downtown Los Angeles, this home offers close proximity to parks, restaurants, shopping, schools, and public transportation. Enjoy being near some of L.A.’s most iconic destinations including Dodger Stadium, L.A. Live, and Crypto.com Arena. With its attractive price point, desirable location, and strong potential for appreciation, this property represents one of the better investment opportunities currently available in the area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 732 | 1,117 | 11% |
| Lot Size | 5,346 | 5,075 | 56% |
| Price | $499.9K | $575.0K | 39% |
| Price per sq ft | $683 | $541 | 78% |
| Built year | 1920 | 1918 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 160 | 6% |
Mar 12, 2026
$499,900
Initial Listing
Jun 8, 2000
$135,000
Public Record
Aug 29, 1995
$89,000
Public Record