8226 S Main, Los Angeles, California 90003, Los Angeles, 90003 - 1 bed, 1 bath
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Los Angeles, California 90003
This Redevelopment Asset is listed at $355,000, positioned near its $338,090 Fair Market Value. Marketed as a "FIXER FIXER FIXER," the property carries a Condition Rating of 6, signaling a likely demolition or full rebuild. The core value resides in the 5,250 sqft lot, offering substantial Value-Add potential for re-development for housing within the Los Angeles Unified district. Requiring CASH OFFERS ONLY following a recent price reduction, this acquisition represents a high-ROI opportunity for Fix-and-Flip Investors or Developers focused on urban infill projects.
Property is land value only, full reconstruction required.
Built in 1920, the property is explicitly marketed as a 'FIXER FIXER FIXER!' and 'SOLD AS-IS,' with the listing analysis stating it's 'likely necessitating demolition or a full rebuild.' The images show an unkempt, cluttered lot with no clear view of a habitable structure, reinforcing that the value is solely in the land for redevelopment. It will not qualify for financing, requiring cash offers only, which is a strong indicator of unlivable conditions.
The property offers 'multiple avenues of re-development with an emphasis on creating more housing' on a substantial 5,250 sqft lot, ideal for investors seeking to maximize value.
Explicitly marketed as a 'FIXER FIXER FIXER!' and 'CALLING ALL INVESTORS!', this property is perfectly positioned for a value-add strategy and high ROI.
A 5,250 sqft lot provides ample space for expansion, new construction, or multi-unit development, a valuable asset in the Los Angeles market.
The requirement for 'CASH OFFERS ONLY' and unlikelihood of qualifying for traditional financing significantly narrows the potential buyer pool.
Described as a 'FIXER FIXER FIXER!' and 'SOLD AS-IS,' the property demands substantial capital investment for repairs, renovations, or complete redevelopment.
The current 1 bed, 1 bath, 480 sqft structure, built in 1920, is extremely small and outdated, offering minimal immediate utility and likely necessitating demolition or a full rebuild.
WOW! FIXER FIXER FIXER! CALLING ALL INVESTORS! Price adjusted! Don't miss out on this fantastic opportunity. Property is a 1 bed 1 bath with 480 living sqft and 5,250 sqft lot. This property features posibilities of multiple avenues of re-development with an emphasis on creating more housing. The property will not likely qualify for financing. CASH OFFERS ONLY. SOLD AS-IS
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 12% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 480 | 1,096 | 2% |
| Lot Size | 5,250 | 5,207.5 | 55% |
| Price | $355.0K | $607.5K | 2% |
| Price per sq ft | $740 | $530 | 88% |
| Built year | 1920 | 1923 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 113 | 201 | 24% |
Jan 21, 2026
$355,000
$400,000
-11% Price Drop
Initial Listing
Dec 30, 2025
$400,000
Initial Listing
Sep 13, 1994
$57,000
Public Record