8301 Elm, Los Angeles, California 90001, Los Angeles, 90001 - 3 bed, 1 bath
8301 Elm
Los Angeles, California 90001
Property Price
SUMMARY
Analysis of 8301 Elm, Los Angeles, California 90001 reveals a property with a current list price of $449,000, which is 5% above the estimated $426,952 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8301 Elm Subject | $449,000* List Price | 3 | 1 | 996 | $429 | - |
A 8022 Crockett Boulevard Sold | $530,000 | 4 | 2 | 1,350 | $393 | 0.2 mi |
B 8511 Maie Sold | $365,000 | 3 | 2 | 700 | $521 | 0.4 mi |
C 8024 Crockett Active Under Contract | $499,995 List Price | 3 | 2 | 1,140 | $439 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1920, this property explicitly states 'NEEDS WORK' and is marketed as an 'INVESTMENT OPPORTUNITY,' indicating extensive renovation is required. The exterior images show significant disrepair, neglect, and what appear to be boarded-up windows, suggesting major issues. The absence of interior photos further implies a very poor internal condition. Given its age and the stated need for substantial rehabilitation, including likely updates to all major systems (electrical, plumbing, HVAC) and structural components, it falls into the 'poor' category, requiring significant capital investment to be habitable and meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
The property is explicitly marketed as a 'GREAT INVESTMENT OPPORTUNITY,' indicating significant potential for value appreciation through renovation and modernization in the Los Angeles market.
- Strategic Location
Situated in Los Angeles, the property benefits from proximity to essential amenities including schools, shopping centers, and major freeways, enhancing its convenience and desirability.
- Competitive Price Point
With a current list price of $449,000, reduced from $499,000, this 3-bedroom single-family residence offers a compelling entry point for investors or owner-occupants willing to undertake renovations in a high-demand urban area.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property description explicitly states 'NEEDS WORK,' implying significant capital investment and effort will be necessary to bring it to modern standards and maximize its value.
- Advanced Age of Property
Built in 1920, the home is likely to have outdated systems (plumbing, electrical, HVAC), structural components, and finishes, which could lead to substantial renovation costs and potential unforeseen issues.
- Limited Bathroom Count
With only 1 bathroom for 3 bedrooms, the property may present functional challenges for families or multiple occupants, potentially impacting its market appeal and resale value without an addition.
About 8301 Elm
NEEDS WORK..GREAT INVESTMENT OPPORTUNITY... 3 BEDROOMS AND 1 BATH.CLOSE TO SCHOOLS,SHOPPING CENTERS AND FREEWAYS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 3,981 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 996 | 1,050 | 45% |
| Lot Size | 3,981 | 5,269 | 28% |
| Price | $449.0K | $570.0K | 10% |
| Price per sq ft | $451 | $541 | 31% |
| Built year | 1920 | 1926 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 175 | 7% |
Pricing History
Listed for Sale
Jan 31, 2026
$449,000
$499,000
-10% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$499,000
Initial Listing