
Los Angeles, California 90047
This 1928 Investor Special represents a High-Potential Investment Opportunity for developers seeking a high-upside project. Listed at $630,000, the property is valued for its expansive 6,754 sqft lot and significant ADU Potential, positioned above the $555,234 Fair Market Value. With a Condition Rating of 5, the residence requires a complete overhaul to address deferred maintenance and outdated systems. However, the immediate proximity to the 9/10 rated Middle College High School ensures strong long-term demand. This is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8725 S Denker Subject | $625,000* List Price | 2 | 1 | 1,034 | $550 | - |
A 1859 W 79th Street Sold | $730,000 | 2 | 1 | 1,052 | $694 | 0.7 mi |
B 1440 W 91st Sold | $530,000 | 2 | 1 | 1,110 | $477 | 0.3 mi |
C 9120 S Van Ness Sold | $669,000 | 2 | 1 | 1,185 | $565 | 0.8 mi |
D 2047 W 78th Sold | $595,000 | 3 | 2 | 1,232 | $483 | 1.0 mi |
E 1448 W 90th Sold | $587,000 | 2 | 1 | 956 | $614 | 0.2 mi |
F 7611 S Hobart Sold | $540,000 | 2 | 1 | 1,067 | $506 | 0.9 mi |
G 9432 S Hobart Boulevard Active | $655,500 List Price | 2 | 1 | 1,288 | $509 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Marketed as an 'Investor Special,' this 1928 property shows significant signs of age and deferred maintenance. The kitchen is outdated with worn cabinetry and mismatched appliances, the detached garage exhibits peeling paint and potential wood rot, and the interior finishes like the hardwood floors and fixtures require a complete overhaul. The listing description explicitly targets developers and investors, confirming the need for substantial rehabilitation.
High School: Middle College High School (9/10).
The generous 6,754 sqft lot provides a significant opportunity to add value through the construction of an ADU or an additional unit, maximizing the property's long-term equity and income potential.
Positioned as an 'Investor Special,' this property is ideal for developers or flippers looking for a high-upside project in a competitive Los Angeles market where inventory is limited.
As a 1928 structure marketed for its 'vision and creativity,' the property likely requires substantial capital investment to address deferred maintenance and modernize the interior.
The majority of assigned public schools in the immediate vicinity carry low performance ratings, which may deter owner-occupant families prioritizing high-ranking educational districts.
****Back on the market—no fault of the seller! Subject to cancellation of current escrow. This is a rare opportunity you don’t want to miss. Ask your lender about FHA 203(k) financing and take advantage of one of the few opportunities available in this area, where comparable properties are selling at higher prices. Incredible investment potential awaits! Perfect for experienced investors or developers ready to take on their next project. The large lot offers exciting possibilities, including space for an ADU or additional unit. Bring your vision and creativity to life and unlock the full value of this promising property. Opportunities like this don’t come around often—act fast!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 1.0 | 2.0 | 39% |
| Square foot | 1,034 | 1,340 | 10% |
| Lot Size | 6,754 | 5,251 | 89% |
| Price | $625.0K | $725.0K | 27% |
| Price per sq ft | $604 | $512 | 76% |
| Built year | 1928 | 1929 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 147 | 17% |
Jun 8, 2026
$625,000
$630,000
-1% Price Drop
Initial Listing
Mar 21, 2026
$630,000
Initial Listing
Oct 4, 2010
$250,000
Public Record
Apr 15, 2010
$147,500
Public Record
Nov 14, 2002
$170,000
Public Record
Sep 14, 1995
$126,500
Public Record