
Los Angeles, California 90011
This property presents a High-Potential Investment Opportunity with a List Price of $615,000—positioned well below the $576,647 Fair Market Value by -6%. While the property requires significant capital for a full gut-rehab or tear-down due to its Condition Rating of 6, the expansive 6,878 sq ft lot offers substantial redevelopment potential, including ADU or multi-family expansion. Located in a high-demand South LA market, this asset is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on neighborhood growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 923 E 25th Street Subject | $615,000* List Price | 3 | 2 | 1,615 | $357 | - |
A 937 E 20th Street Sold | $577,777 | 3 | 1 | 1,483 | $390 | 0.4 mi |
B 210 E 29th Sold | $575,000 | 3 | 2 | 1,384 | $415 | 0.7 mi |
C 1608 E Martin Luther King Jr Sold | $570,000 | 4 | 2 | 1,546 | $369 | 0.9 mi |
D 3611 Adair Sold | $550,000 | 2 | 1 | 1,444 | $381 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1901 with no evidence of renovation, this property is explicitly marketed as a 'blank canvas' for a gut-rehab or tear-down. Visible defects include broken windows, graffiti, and significant exterior neglect, indicating the value lies primarily in the 6,878 sq ft lot.
The oversized 6,878 sq ft lot provides a rare opportunity for expansion, including the potential to add an ADU or redevelop into multi-family housing in a high-demand area.
Ideally situated with rapid access to Downtown Los Angeles, major freeways, and public transit, making it an attractive spot for future tenants or homeowners.
Located in the appreciating 90011 zip code, this property offers a prime 'blank canvas' for investors to capture instant equity through a comprehensive renovation or new construction.
As a designated fixer-upper, the property likely requires a full gut renovation or teardown, which will demand significant upfront capital and construction expertise.
Built in 1901, the home may harbor costly structural or systemic issues, such as outdated electrical, plumbing, or foundation concerns typical of properties of this vintage.
Prime Fixer-Upper Opportunity in South LA!923 E 25th St, Los Angeles, CA 90011Unlock massive potential in this classic 3-bed, 2-bath single-family home on a spacious 6,878 sq ft lot (over 1/6th of an acre!). At 1,615 sq ft, this property is a true blank canvas for savvy investors. Whether you're ready to gut and rehab for instant equity or tear down and build new (ADU potential, multi-family, or luxury single-family), this fixer delivers serious upside in a red-hot South LA market. Recent trends show strong appreciation, with median prices climbing and redevelopment booming nearby.Why Investors Love This Spot:* Generous lot size perfect for expansion or new construction* Central location with easy access to downtown LA, major freeways, and transit* Booming neighborhood transformation new housing, infrastructure, and investor activity driving values higher* Proven demand for both renovated homes and fresh builds in 90011
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,615 | 1,672 |
| Lot Size | 6,878 | 6,067 |
| Price | $615.0K | $1.37M |
| Price per sq ft | $381 | $801 |
| Built year | 1901 | 1939 |
| HOA | $0 | $348 |
| Days on market | 27 | 56 |
Jun 25, 2026
$615,000
Initial Listing