
Los Angeles, California 90002
This High-Potential Investment Opportunity is listed at a List Price of $475,000, positioned slightly above the $449,491 Fair Market Value. While the property carries a Condition Rating of 3, it features critical infrastructure updates including new plumbing, electrical, and roof, minimizing immediate capital expenditure. The detached garage offers significant utility for storage or potential ADU conversion. This compact, efficient asset is best suited for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9549 Defiance Subject | $475,000* List Price | 2 | 1 | 560 | $803 | - |
A 1766 E 105th Sold | $475,000 | 2 | 1 | 646 | $735 | 0.6 mi |
B 9603 Holmes Avenue Sold | $485,000 | 2 | 1 | 723 | $671 | 0.2 mi |
C 10346 Kalmia Street Sold | $550,000 | 2 | 2 | 775 | $710 | 1.0 mi |
D 9814 Bandera Sold | $495,000 | 2 | 1 | 698 | $709 | 0.4 mi |
E 10618 Grape Sold | $469,000 | 3 | 1 | 700 | $670 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1924, the listing confirms newer upgrades to essential systems including plumbing, electrical, and the roof. These updates, combined with its status as a functional starter home, suggest it is well-maintained and move-in ready despite its age.
The property features newer plumbing, electrical systems, and a roof, which significantly reduces immediate maintenance concerns and capital expenditure for a home built in 1924.
Priced at $475,000, this home represents a rare accessible entry point into the Los Angeles market, making it an ideal opportunity for first-time buyers or budget-conscious investors.
The inclusion of a detached one-car garage in the rear yard provides secure parking, additional storage, or potential for future conversion into an Accessory Dwelling Unit (ADU).
At only 560 square feet for a two-bedroom configuration, the interior living area is exceptionally compact, which may limit the buyer pool to individuals or very small households.
The 2,926 square foot lot offers minimal outdoor space and limits the potential for significant horizontal expansion of the primary residence.
Great starter home in south Los Angeles , features 2 bedrooms and 1 bath , Newer upgrades such as plumbing, electrical and Roof. Kitchen features granite countertop . property has many fruit trees such as Avocado , lemons , pomegranate , guava and banana . Has leased Solar Panels . Don't miss the opportunity to purchase this cute , cozy home. Listing is subject to seller finding a replacement home and closing concurrently.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 560 | 1,672 |
| Lot Size | 2,926 | 6,067 |
| Price | $475.0K | $1.37M |
| Price per sq ft | $848 | $801 |
| Built year | 1924 | 1939 |
| HOA | $0 | $348 |
| Days on market | 30 | 56 |
Jun 23, 2026
$475,000
Initial Listing
Jan 25, 2011
$119,000
Public Record
Jul 14, 2005
$245,000
Public Record
Dec 3, 2004
$185,000
Public Record
Jun 4, 2003
$135,000
Public Record