924 Euclid, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath

924 Euclid, Los Angeles, California 90023 home-pic-0

924 Euclid

Los Angeles, California 90023

ACTIVE
CONDITION: POOR
0Beds
0Baths
1,716Sq Ft
5,494Lot Size

Property Price

LIST PRICE$799,000

SUMMARY

Analysis of 924 Euclid, Los Angeles, California 90023 is currently available with a list price of $799,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1908 and sold 'as-is,' the property description explicitly notes 'deferred maintenance' and 'outdated systems.' The single interior image reveals very dated kitchen cabinets and worn flooring, consistent with a property that has not seen significant renovation in many decades. While currently income-producing, it requires substantial repairs and rehabilitation to meet modern living standards, aligning with the 'poor' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Ready-To-Issue (RTI) Plans

    The property comes with approved, Ready-To-Issue (RTI) plans for two identical, detached ADUs, significantly reducing entitlement risk and development timelines.

  • Immediate Income Generation

    An existing income-producing duplex with tenants in place provides immediate cash flow, offsetting holding costs during the expansion phase.

  • Increased Density & Value-Add Potential

    The approved plans for two additional ADUs offer a clear path to increasing property density and substantially enhancing long-term asset value.

CONSRISKS & DEFICIENCIES

  • As-Is Condition & Age of Property

    The property is sold 'as-is' and was built in 1908, suggesting potential for deferred maintenance, outdated systems, and unforeseen repair costs for the existing structure.

  • Buyer Due Diligence Burden

    The buyer is explicitly required to independently verify all plans, permits, zoning, and tenant information, placing a significant burden and potential cost on the purchaser.

  • Recent Price Reduction

    The list price has been reduced from $875,000 to $799,000, which may indicate initial overpricing or market resistance, potentially signaling a challenging valuation.

About 924 Euclid

Rare RTI value-add opportunity at 924 South Euclid Avenue. The property is currently improved with an existing income-producing duplex with tenants in place, allowing for immediate in-place cash flow while executing an approved expansion strategy. The offering includes Ready-To-Issue (RTI) plans for two identical, detached ADUs, plus an approved permit for demolition of the existing garage. All plans are approved under the 2022 California Building Codes, with permits ready to be pulled, significantly reducing entitlement risk and development timeline. Each ADU is designed with 2 bedrooms, 2 bathrooms, full kitchen, in-unit laundry, and dedicated closet space, and each unit carries its own independent ½ address per approved plans. Identical layouts support construction efficiency, cost control, and operational consistency. This is a clear path to increasing density and long-term asset value while preserving existing rental income—ideal for small-scale multifamily developers, builders, or owner-operators seeking a shovel-ready project. Full approved building plans available upon submission of an offer. Buyer to independently verify all plans, permits, zoning, square footage, addressing, tenant information, and final permit issuance fees with the local Department of Building and Safety. Property sold as-is.

Property Details

Public Facts

Property Type
Duplex
Year Built
1908
Lot Size
5,494 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

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)
Beds--
50%
Baths--
50%
Square foot1,7161,709
50%
Lot Size5,4945,664
50%
Price$799.0K$687.5K
67%
Price per sq ft$466$419
50%
Built year19081917
25%
HOA$0$0
50%
Days on market48166
8%

Pricing History

Listed for Sale

Feb 6, 2026

$799,000

$875,000

-9% Price Drop

Initial Listing

Price Change

Jan 17, 2026

$875,000

Initial Listing

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