910 E 20th Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$1,999,000$11,689/sqft
910 E 20th Street, Los Angeles, California 90011
0Bed
0Bath
11,689Sqft
12,008Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Value-Add & Redevelopment Potential: Comprised of two contiguous LA-R2 zoned parcels within a designated Opportunity Zone, this property offers significant upside for experienced investors/developers to reposition or redevelop, leveraging tax benefits and zoning flexibility.
Top Cons:
Advanced Age of Structures: Built in 1902, the structures are very old, suggesting potential for significant deferred maintenance, outdated systems, and higher renovation or demolition costs to bring them to modern standards.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1902 (124 years old).
Condition: Built in 1902, this property consists of multiple structures, including a vacant craftsman house, a 4-unit multifamily building, and a three-story industrial building. While the vacant craftsman house shows recent cosmetic updates in the kitchen (new white shaker cabinets, quartz countertops, stainless steel appliances) and bathroom (new vanity, matching flooring), these are superficial improvements on a very old structure. The industrial building is in a raw, utilitarian state with exposed beams and basic lighting, clearly requiring extensive rehabilitation. The multifamily units are described as having below-market rents and MTM tenancy, implying an older, less updated condition. The MLS description explicitly highlights 'Advanced Age of Structures' and 'significant deferred maintenance, outdated systems, and higher renovation or demolition costs,' positioning it as a 'value add opportunity' for 'reposition or redevelop.' Overall, the property requires substantial repairs and rehabilitation across its various components to meet modern standards.
Year Built
1902
Close
-
List price
$2M
Original List price
$2.2M
Price/Sqft
$171
HOA
-
Days on market
-
Sold On
-
MLS number
OC25031890
Home ConditionPoor
Features
Excellent View: City Lights, Neighborhood
ViewCity Lights,Neighborhood
About this home
A unique opportunity to acquire two contiguous parcels zoned LA-R2 within a designated Opportunity Zone. Comprised of three separate structures totaling 11,686sf in size, it includes a vacant house, a 4 unit multifamily, and a three story industrial building that has rooftop access with unobstructed views of Downtown LA. The entire property sits on a 12,008sf (.27 acres) corner lot w/ 150’ frontage and alley access, providing a tremendous value add opportunity for a local and experienced investor/developer to reposition or redevelop the property. The corner house is a 3bed/1.5 bath craftsman w/ a finished second floor, and is currently vacant. The industrial building is also delivered vacant and available for a potential owner/user. The 4 units are all 1 bedrooms, and one unit will be delivered vacant. The other three are currently occupied w/ MTM tenancy at below market rents. Good Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live, Restaurants & Shops.
B
Brian Noh
Listing Agent
Nearby schools
5/10
San Pedro Street Elementary School
Public,•K-5•0.3mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.4mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.5mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.8mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.8mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.1mi
/10
Maple Primary Center
Public,•K-1•1.1mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•1.1mi
3/10
Trinity Street Elementary School
Public,•K-5•1.2mi
2/10
Harmony Elementary School
Public,•K-5•1.3mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•1.3mi
4/10
Norwood Street Elementary School
Public,•K-5•1.5mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.6mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.9mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•2.0mi
2/10
John W. Mack Elementary School
Public,•K-5•2.2mi
5/10
Menlo Avenue Elementary School
Public,•K-5•2.3mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•2.5mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•2.7mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.8mi
4/10
John Adams Middle School
Public,•6-8•1.0mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.2mi
3/10
George Washington Carver Middle School
Public,•6-8•1.6mi
2/10
John Muir Middle School
Public,•6-8•3.4mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•3.5mi
5/10
Santee Education Complex
Public,•9-12•0.4mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.2mi
4/10
West Adams Preparatory High School
Public,•9-12•2.2mi
3/10
Manual Arts Senior High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
12/11/18
Sold
$1,750,000
Condition Rating
Poor
Built in 1902, this property consists of multiple structures, including a vacant craftsman house, a 4-unit multifamily building, and a three-story industrial building. While the vacant craftsman house shows recent cosmetic updates in the kitchen (new white shaker cabinets, quartz countertops, stainless steel appliances) and bathroom (new vanity, matching flooring), these are superficial improvements on a very old structure. The industrial building is in a raw, utilitarian state with exposed beams and basic lighting, clearly requiring extensive rehabilitation. The multifamily units are described as having below-market rents and MTM tenancy, implying an older, less updated condition. The MLS description explicitly highlights 'Advanced Age of Structures' and 'significant deferred maintenance, outdated systems, and higher renovation or demolition costs,' positioning it as a 'value add opportunity' for 'reposition or redevelop.' Overall, the property requires substantial repairs and rehabilitation across its various components to meet modern standards.
Pros & Cons
Pros
Exceptional Value-Add & Redevelopment Potential: Comprised of two contiguous LA-R2 zoned parcels within a designated Opportunity Zone, this property offers significant upside for experienced investors/developers to reposition or redevelop, leveraging tax benefits and zoning flexibility.
Diverse Multi-Use Property: The property includes three distinct structures: a vacant craftsman house, a 4-unit multifamily building, and a vacant three-story industrial building, providing versatile income streams and potential for mixed-use development or owner-user occupancy.
Strategic Urban Core Location: Strategically located south of the 10 Fwy and east of the 110 Fwy, and within 2 miles of USC, Downtown LA, Exposition Park, and LA Live, ensuring high demand and strong appreciation prospects.
Significant Vacancy for Repositioning: The craftsman house, the industrial building, and one multifamily unit are delivered vacant, offering immediate flexibility for an owner-user or enabling a swift start to value-add strategies without immediate tenant relocation challenges.
Large & Accessible Corner Lot: A substantial 12,008 sqft (.27 acres) corner lot with 150’ frontage and alley access provides superior development flexibility, visibility, and logistical advantages.
Cons
Advanced Age of Structures: Built in 1902, the structures are very old, suggesting potential for significant deferred maintenance, outdated systems, and higher renovation or demolition costs to bring them to modern standards.
Below Market Rents & MTM Tenancy: Three of the four multifamily units are occupied with Month-to-Month (MTM) tenancy at below market rents, limiting immediate cash flow and potentially complicating tenant management during repositioning efforts.
Requires Specialized Expertise: The property is explicitly marketed towards 'a local and experienced investor/developer,' indicating it's a complex project requiring substantial capital, development knowledge, and hands-on management, which may narrow the buyer pool.