926 East 97th Street, Los Angeles, California 90002, Los Angeles, 90002 - 2 bed, 1 bath

926 East 97th Street, Los Angeles, California 90002 home-pic-0
CLOSED$530,000
926 East 97th Street, Los Angeles, California 90002
2Beds
1Bath
924Sqft
4,802Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: High School: Compton Early College High (9/10).
Top Cons:
Age and Condition (Project Home): Built in 1925 and described as a 'project,' the property likely requires substantial renovation, modernization, and potential system upgrades, incurring significant additional costs for the buyer.

Compared to the nearby listings

Price:$530.0K vs avg $590.0K ($-60,000)36%
Size:924 sqft vs avg 1,041.5 sqft34%
Price/sqft:$574 vs avg $53661%

More Insights

This property has been on the market for 47 days.
Built in 1925 (100 years old).
Condition: Built in 1925, this property is explicitly marketed as a 'project' requiring 'substantial renovation, modernization, and potential system upgrades.' While some cosmetic updates like fresh paint and newer laminate flooring are present in the living areas and bedrooms, the kitchen is severely outdated with original-era or very old cabinetry, countertops, and no visible modern appliances, necessitating a complete overhaul. The single bathroom is not pictured but is highly likely to be in a similar condition. The property analysis also highlights 'Older Infrastructure Concerns' due to its age, indicating potential issues with plumbing, electrical, and structural components. The backyard also requires significant work. These factors collectively point to a property that requires substantial repairs and rehabilitation beyond minor updates.
Year Built
1925
Close
$530K
List price
$499K
Original List price
$499K
Price/Sqft
$540
HOA
-
Days on market
47 Days
Sold On
2025-12-18
MLS number
PW25248684
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Great opportunity in South Los Angeles! This 2-bedroom, 1-bath single-family residence offers 924 sq ft of living area on a 4,802 sq ft lot. Built in 1925, the home includes a functional floor plan with a living room, kitchen featuring a butler’s pantry, two guest bedrooms and a separate laundry room. The large lot provides room for outdoor living or potential future improvements. Ideal for investors or buyers looking for a project. Convenient access to major transportation routes, shopping, and nearby amenities.

Nearby schools

5/10
Ninety-Ninth Street Elementary School
Public,K-60.1mi
3/10
Ninety-Sixth Street Elementary School
Public,K-60.5mi
3/10
Ninety-Third Street Elementary School
Public,K-60.7mi
2/10
One Hundred Ninth Street Elementary School
Public,K-50.8mi
5/10
Russell Elementary School
Public,K-60.9mi
3/10
South Park Elementary School
Public,K-61.0mi
4/10
One Hundred Seventh Street Elementary School
Public,K-51.1mi
3/10
One Hundred Twelfth Street Elementary School
Public,K-51.1mi
4/10
One Hundred Sixteenth Street Elementary School
Public,K-51.4mi
5/10
One Hundred Eighteenth Street School
Public,K-51.7mi
6/10
One Hundred Twenty-Second Street Elementary School
Public,K-51.9mi
3/10
Edwin Markham Middle School
Public,6-80.9mi
1/10
Charles Drew Middle School
Public,6-81.1mi
2/10
Samuel Gompers Middle School
Public,6-81.5mi
3/10
Carver Elementary School
Public,PK-81.7mi
2/10
Mary Mcleod Bethune Middle School
Public,6-82.2mi
5/10
Willowbrook Middle School
Public,6-82.5mi
2/10
David Starr Jordan Senior High School
Public,9-121.6mi
3/10
John C. Fremont Senior High School
Public,9-121.7mi
3/10
Centennial High School
Public,9-122.3mi
9/10
Compton Early College High
Public,9-122.5mi
Condition Rating
Poor

Built in 1925, this property is explicitly marketed as a 'project' requiring 'substantial renovation, modernization, and potential system upgrades.' While some cosmetic updates like fresh paint and newer laminate flooring are present in the living areas and bedrooms, the kitchen is severely outdated with original-era or very old cabinetry, countertops, and no visible modern appliances, necessitating a complete overhaul. The single bathroom is not pictured but is highly likely to be in a similar condition. The property analysis also highlights 'Older Infrastructure Concerns' due to its age, indicating potential issues with plumbing, electrical, and structural components. The backyard also requires significant work. These factors collectively point to a property that requires substantial repairs and rehabilitation beyond minor updates.
Pros & Cons

Pros

Great Schools: High School: Compton Early College High (9/10).
Investment/Value-Add Potential: Explicitly marketed as 'Ideal for investors or buyers looking for a project,' indicating significant potential for renovation, modernization, and increased property value.
Generous Lot Size: The 4,802 sq ft lot offers ample space for outdoor living, potential expansion, or the addition of an Accessory Dwelling Unit (ADU), enhancing its long-term value.
Strong Market Performance: The property sold above its asking price ($530,000 vs. $499,000) within 47 days on market, demonstrating high buyer demand and competitive interest.
Strategic Location: Offers 'Convenient access to major transportation routes, shopping, and nearby amenities,' a key advantage for urban living in Los Angeles.
Functional Layout with Unique Features: Despite its age, the home features a 'functional floor plan' including a 'butler’s pantry' and a 'separate laundry room,' providing practical living spaces.

Cons

Age and Condition (Project Home): Built in 1925 and described as a 'project,' the property likely requires substantial renovation, modernization, and potential system upgrades, incurring significant additional costs for the buyer.
Limited Living Space & Bathroom Count: With only 924 sq ft and one bathroom for two bedrooms, the home offers limited interior space and convenience, which may not suit all buyer needs or modern family configurations.
Older Infrastructure Concerns: As a nearly 100-year-old property, there's an inherent risk of outdated plumbing, electrical systems, and structural components that may require costly repairs or replacements.

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