
Los Angeles, California 90011
This property presents a Strong Value Opportunity with a List Price of $669,669—positioned well below the $631,434 Fair Market Value by -6%. As a 3-bedroom, 1-bathroom Single Family Residence with a Condition Rating of 5, this asset requires a comprehensive renovation to modernize its 1903 structure. The 6,001-square-foot lot offers significant potential for expansion or ADU development. Located near USC and major entertainment hubs, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 945 E 20th Street Subject 3 bd · 1 ba · 1,320 sqft · $478 | $669,669* List Price | 3 | 1 | 1,320 | $478 | - |
A 944 E 22nd Sold 4 bd · 3 ba · 1,447 sqft · $449 · 0.2 mi | $650,000 | 4 | 3 | 1,447 | $449 | 0.2 mi |
B 807 E 20th Sold 3 bd · 2 ba · 1,296 sqft · $482 · 0.1 mi | $625,000 | 3 | 2 | 1,296 | $482 | 0.1 mi |
C 937 E 20th Street Sold 3 bd · 1 ba · 1,483 sqft · $390 · 0.0 mi | $577,777 | 3 | 1 | 1,483 | $390 | 0.0 mi |
D 210 E 29th Sold 3 bd · 2 ba · 1,384 sqft · $415 · 0.8 mi | $575,000 | 3 | 2 | 1,384 | $415 | 0.8 mi |
E 416 E 31st Street Sold 3 bd · 1 ba · 1,020 sqft · $623 · 0.8 mi | $635,000 | 3 | 1 | 1,020 | $623 | 0.8 mi |
F 1330 E 33rd Sold 4 bd · 3 ba · 1,170 sqft · $573 · 0.9 mi | $670,000 | 4 | 3 | 1,170 | $573 | 0.9 mi |
G 1163 E 27th Sold 3 bd · 1 ba · 888 sqft · $535 · 0.6 mi | $475,000 | 3 | 1 | 888 | $535 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1903, this property is over 120 years old with no recorded renovations. The listing explicitly states a 'remodel is needed' and is an 'AS-IS' sale, indicating significant deferred maintenance and the requirement for a full rehab of the kitchen, bathroom, and major systems.
The property is ideally situated near major Los Angeles landmarks including USC, BMO Stadium, and the Crypto Arena, offering excellent proximity to employment hubs and entertainment.
Boasting a 6,001-square-foot lot, the property provides ample space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU) to increase value.
As a value-add opportunity priced competitively for a 3-bedroom home, this property serves as an ideal canvas for investors or flippers to build significant equity through renovation.
The home is being sold in 'as-is' condition and requires a complete remodel, which will necessitate a substantial upfront capital investment for repairs and modernization.
Built in 1903, the property features a 3-bedroom, 1-bathroom layout that may feel functionally obsolete for modern families, likely requiring structural changes to add additional plumbing.
Charming 3 Bedroom home for sale. Built in 1903 per Public Records; remodel is needed - this is a great opportunity on a good size lot. AS-IS SALE. Great location with nearby access to major streets and freeways, near USC's campus, BMO Stadium, California Science Center, Natural History Museum, and just minutes from the Crypto Arena.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,320 | 1,670.836 |
| Lot Size | 6,001 | 6,152.156 |
| Price | $669.7K | $1.34M |
| Price per sq ft | $507 | $807 |
| Built year | 1903 | 1941 |
| HOA | $0 | $238 |
| Days on market | 3 | 56 |
Nov 6, 2026
$669,669
Initial Listing