9603 Holmes Avenue, Los Angeles, California 90002, Los Angeles, 90002 - 2 bed, 1 bath
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Los Angeles, California 90002
This Entry-Level Value-Add Asset is listed at $445,000, positioned accurately at its $438,707 Fair Market Value. Featuring a Condition Rating of 4, the 1923-built residence offers a functional 723 sq ft footprint that invites modernization to drive future ROI. Market data for the 90002 area shows strong demand for entry-level homes, with comparable sales in the immediate vicinity reaching up to $560,000. Unique expansion potential exists via an available adjoining lot. Located in the Los Angeles Unified district, this is a strategic acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9603 Holmes Avenue Subject | $445,000* List Price | 2 | 1 | 723 | $607 | - |
A 10618 Grape Sold | $469,000 | 3 | 1 | 700 | $670 | 0.7 mi |
B 1766 E 105th Sold | $475,000 | 2 | 1 | 646 | $735 | 0.6 mi |
C 8811 Holmes Sold | $400,000 | 3 | 1 | 894 | $447 | 0.5 mi |
D 1972 E 88th Sold | $560,000 | 3 | 1 | 893 | $627 | 0.6 mi |
E 1104 E 102nd Active | $510,000 List Price | 2 | 1 | 800 | $638 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1923, the property is over 100 years old but has received some updates. The bathroom shower features a recent modern tile renovation (<5 years), and the home has newer vinyl windows and consistent tile flooring. However, the kitchen is significantly dated with old cabinetry and missing appliances, and the lack of central HVAC suggests older systems. It is functional and move-in ready but requires cosmetic modernization and likely system updates.
Priced competitively at $445,000, this property offers a rare affordable entry into the Los Angeles market for first-time buyers or investors looking for a starter home.
The availability of an adjoining 3,070 sq ft lot for sale presents a unique opportunity for future development, yard expansion, or increasing the overall property footprint.
The compact 723 sq ft footprint and efficient layout make this an ideal low-maintenance rental property with high potential for personalization and value-add improvements.
With only 723 sq ft of living space, the home's small interior may feel restrictive for growing families or those requiring significant storage space.
The property lacks a garage, which limits secure storage and covered parking options, relying instead on front-of-house space for compact vehicles.
Charming 2 Bed / 1 Bath Home – Great Starter or Investment Opportunity Welcome to this cozy 2-bedroom, 1-bathroom home offering 723 sq ft of living space. While compact in size, this property presents a fantastic opportunity for first-time buyers or investors looking to enter the market at an accessible price point. No garage but plenty of space to park in the front up to 2 compact cars. The efficient layout maximizes functionality and comfort, making it a great option for those seeking a low-maintenance home or a solid rental property. With the right vision, this home offers plenty of potential to personalize and add value over time. Whether you're looking to stop renting or expand your investment portfolio, this home delivers opportunity and upside in a convenient setting. Don’t miss out on this great chance to own! * Plus Amazing opportunity to own 2 parcels, as the adjoining land lot 3.070 sq Ft lot. is also avaialble for sale. (Dfferent Seller)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 723 | 1,024 | 14% |
| Lot Size | 2,400 | 5,023 | 6% |
| Price | $445.0K | $592.5K | 12% |
| Price per sq ft | $615 | $582 | 58% |
| Built year | 1923 | 1939 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 182 | 2% |
Apr 20, 2026
$445,000
Initial Listing
Jan 25, 1999
$89,000
Public Record
Jun 19, 1998
$26,000
Public Record