8904 Bandera, Los Angeles, California 90002, Los Angeles, 90002 - 4 bed, 2 bath

8904 Bandera, Los Angeles, California 90002 home-pic-0

8904 Bandera

Los Angeles, California 90002

ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
2Baths
1,590Sq Ft
6,227Lot Size

Property Price

LIST PRICE$550,000
EST. MARKET VALUE
$600,000
8% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$600,000 +$50,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
8904 Bandera
Subject
$550,000*
List Price
421,590$377-
A
10372 Kimberly Street
Sold
$610,000421,455$4191.0 mi
B
1622 E 88th
Sold
$480,000311,384$3470.3 mi
C
8912 S Fir
Pending
$599,000
List Price
321,334$4490.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1987, this property serves as a functional investment rental but shows significant signs of age. The kitchen and bathrooms feature dated cabinetry, older tile work, and basic appliances consistent with late 80s or early 90s styling. While the structure appears sound and the home is maintained for occupancy, it lacks modern updates such as contemporary flooring, recessed lighting, or high-end finishes, placing it firmly in the 'Fair' category due to its outdated aesthetic and original components.

PROSSTRENGTHS & OPPORTUNITIES

  • Proven Investment Potential

    The property features a strong rental history and is positioned as a solid addition to an investment portfolio, offering immediate utility for landlords.

  • Spacious Residential Layout

    With 4 bedrooms and nearly 1,600 sq ft of living space, the home provides a generous floor plan that is highly desirable for large families or high-occupancy rentals.

  • Substantial Lot Size

    The 6,227 sq ft lot offers significant outdoor space, providing ample room for recreation or the potential development of an Accessory Dwelling Unit (ADU).

CONSRISKS & DEFICIENCIES

  • Market Pricing Adjustments

    The listing has seen multiple price reductions from an original $600,000, suggesting that the property faced challenges gaining traction at its initial valuation.

  • Lack of Aesthetic Views

    The property offers no significant views, which may be a drawback for owner-occupiers seeking scenic or panoramic surroundings.

  • Neighborhood Perception

    Located in the Metropolitan South area, the property may be subject to local market stigmas or lower school district ratings compared to other Los Angeles submarkets.

About 8904 Bandera

Great opportunity to own a well-located investment property in the City of Los Angeles. This single-family residence features 4 bedrooms and 2 bathrooms with approximately 1,590 sq ft of living space on a 6,227 sq ft lot. Spacious floor plan, generous lot size, and strong rental history make this property a solid addition to any portfolio. Conveniently located near major freeways, schools, shopping, and local amenities.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1987
Lot Size
6,227 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
81%
Baths2.01.0
51%
Square foot1,5901,024
92%
Lot Size6,2274,843
83%
Price$550.0K$600.0K
39%
Price per sq ft$346$563
3%
Built year19871936
90%
HOA$0$0
50%
Days on market45184
3%

Pricing History

Listed for Sale

Feb 6, 2026

$550,000

$590,000

-7% Price Drop

Initial Listing

Price Change

Feb 5, 2026

$590,000

$600,000

-2% Price Drop

Initial Listing

Price Change

Jan 20, 2026

$600,000

Initial Listing

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