
Los Angeles, California 90044
This Value-Add Residential Asset is listed at $618,000, positioned with price stability relative to its $561,915 Fair Market Value. Currently carrying a Poor Condition Rating, the property requires a comprehensive rehabilitation to modernize its 1938 systems and vintage finishes. The 1,320 sqft interior, private patio, and detached garage present a significant opportunity for forced appreciation through strategic capital improvements and potential ADU expansion. Proximity to the 9/10 rated Middle College High School ensures strong future demand. This acquisition is a high-potential project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8106 S Normandie Avenue Subject | $618,000* List Price | 2 | 1 | 1,320 | $426 | - |
A 8009 S Mariposa Sold | $610,000 | 3 | 2 | 1,806 | $338 | 0.1 mi |
B 1325 W 84th Place Sold | $690,000 | 3 | 2 | 1,238 | $557 | 0.2 mi |
C 1020 W 68th Street Sold | $540,000 | 2 | 1 | 1,384 | $390 | 1.0 mi |
D 1339 W 66th Street Sold | $540,000 | 2 | 2 | 1,188 | $455 | 1.0 mi |
E 1331 W Manchester Sold | $480,000 | 2 | 1 | 1,030 | $466 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 and on the market for the first time in 50+ years, this property explicitly states it needs renovation to reach its full potential. The kitchen features very old appliances (stove) and extremely dated red tile countertops and flooring. The bathroom also has very dated red and white tile and fixtures. While the structure appears sound, the major components, especially the kitchen and bathroom, are well past their expected lifespan for modern standards and require substantial rehabilitation, aligning with the 'poor' condition criteria.
High School: Middle College High School (9/10).
The property retains significant original character, including exposed ceiling beams, a classic fireplace, and vintage details, appealing to buyers seeking historical authenticity.
Offers a clear opportunity for the new owner to customize and add value, with original hardwood floors ready for restoration and ample space for expansion.
The description explicitly states, 'This home is ready for its next owner to renovate and reimagine it to its full potential,' indicating a need for substantial investment and work.
The property features only one bathroom for two bedrooms, which can be a functional limitation for many prospective buyers.
While possessing original charm, the property has been on the market for 50+ years and is described as having 'original character,' implying a lack of modern updates to key areas like the kitchen and bathroom, which are often expected by today's buyers.
Charming Vermont Knolls Gem First Time on the Market in 50+ Years!Step into this delightful 2-bedroom, 1-bath home brimming with original character and timeless charm. Nestled in the lovely Vermont Knolls neighborhood, this property offers the perfect blend of history, potential, and opportunity.Inside, you'll find a spacious living room with an oversized picture window, classic fireplace, and beautiful exposed ceiling beams. The home also features a formal dining room and a quaint breakfast nook just off the kitchen perfect for morning coffee or casual meals. Original hardwood floors lie beneath the carpeting, waiting to be restored to their natural beauty.Each bedroom features unique vintage details on the ceilings and walls, showcasing the craftsmanship of the era. Outside, enjoy a large welcoming front porch, a long driveway leading to a detached garage, and a backyard with room to entertain, garden, or expand.This home is ready for its next owner to renovate and reimagine it to its full potential.This is a Probate Sale No Court Confirmation Required!Don't miss this rare opportunity to own a piece of Vermont Knolls history and bring your vision to life!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 29% |
| Baths | 1.0 | 2.0 | 39% |
| Square foot | 1,320 | 1,335.5 | 49% |
| Lot Size | 4,994 | 5,219.5 | 46% |
| Price | $618.0K | $660.0K | 39% |
| Price per sq ft | $468 | $511 | 37% |
| Built year | 1938 | 1928 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 193 | 182 | 59% |
Oct 11, 2025
$618,000
Initial Listing