908 E 49th Place, Los Angeles, California 90011, Los Angeles, 90011 - 2 bed, 1 bath
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Los Angeles, California 90011
This property presents a High-Potential Investment Opportunity with a List Price of $455,800—positioned well below the $430,191 Fair Market Value by -5%. Given the Condition Rating of 6, the structure requires significant rehabilitation, making the land value the primary driver. Located near the 110 Freeway and local schools, this asset offers a strategic footprint for redevelopment. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in an established Los Angeles neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 908 E 49th Place Subject | $434,500* List Price | 2 | 1 | 1,115 | $397 | - |
A 975 E 43rd Street Sold | $445,000 | 2 | 1 | 1,024 | $435 | 0.5 mi |
B 317 E 42nd Pl Sold | $550,000 | 3 | 1 | 1,242 | $443 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1914 (>50 years old) with no evidence of renovation. The property is sold 'as-is' and the exterior shows extreme deferred maintenance, including a boarded-up window, suggesting the structure is likely unlivable and value is primarily in the land.
The property is ideally situated near the 110 Freeway and major transportation corridors, offering excellent connectivity to employment centers and everyday amenities.
The residence includes a detached 1-car garage and a fully fenced yard, providing valuable private outdoor space and secure storage in a dense urban environment.
Located just 0.12 miles from Forty-Ninth Street Elementary, the home offers exceptional convenience for families with young children.
Built in 1914 and sold in as-is condition, the property likely requires significant updates or repairs to meet modern standards and ensure long-term structural integrity.
The home relies on gas wall heating and lacks a central cooling system, which may necessitate additional investment for year-round comfort in the Los Angeles climate.
This single-story 2-bedroom, 1-bath residence offers approximately 1,115 sq. ft. of living space on a 3,208 sq.ft. lot. Built in 1914, the home features a composition shingle roof, gas wall heating, a detached 1-car garage, a covered porch, and a fenced yard. The property is served by public water and sewer utilities and is situated within an established residential neighborhood of predominantly single-family homes. Conveniently located near schools, shopping, employment centers, major transportation corridors, and the 110 Freeway, the property offers access to a variety of everyday services and amenities. Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,115 | 1,672 |
| Lot Size | 3,206.02 | 6,067 |
| Price | $434.5K | $1.37M |
| Price per sq ft | $390 | $801 |
| Built year | 1914 | 1939 |
| HOA | $0 | $348 |
| Days on market | 34 | 56 |
Jul 6, 2026
$434,500
$455,800
-5% Price Drop
Initial Listing
Jun 18, 2026
$455,800
Initial Listing