
Los Angeles, California 90002
This Value-Add Residential Asset represents a High-Potential Investment Opportunity with a List Price of $427,500, aligning closely with its $422,907 Fair Market Value. Currently in Very Poor Condition, the property offers a functional 3-bedroom, 2-bathroom layout and a large backyard on a 3,486 sqft lot. The 1925 structure requires a comprehensive rehabilitation to realize its full ROI potential within the high-demand Los Angeles market. Given the Short Sale and Probate status, this acquisition is best suited for Fix-and-Flip Investors or Contractors prepared for a complex, high-reward project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9607 Evers Avenue Subject | $430,000 | 3 | 2 | 1,160 | $365 | - |
A 8811 Holmes Sold | $400,000 | 3 | 1 | 894 | $447 | 0.6 mi |
B 10341 Croesus Avenue Sold | $538,000 | 4 | 2 | 1,235 | $436 | 0.9 mi |
C 9229 Pace Avenue Sold | $410,000 | 3 | 1 | 1,024 | $400 | 0.4 mi |
D 2160 E 105th Pending | $550,000 List Price | 3 | 2 | 1,200 | $458 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925, this property is in very poor condition, requiring substantial repairs and rehabilitation. The kitchen features extremely outdated cabinets, worn laminate countertops, and old, mismatched appliances, all needing full replacement. Bathrooms are in a similar state, with a damaged vanity, old fixtures, and visible signs of neglect and potential water damage. Flooring throughout is severely worn linoleum/vinyl and dated parquet. The overall property shows significant deferred maintenance, consistent with the listing's call for a 'cash investor' and 'as-is' sale, indicating it's uncomfortable and potentially unsafe in its current state.
Situated in Los Angeles, a high-demand real estate market, offering strong long-term appreciation potential.
Features 3 bedrooms, 2 bathrooms, and an additional den, providing versatile living space suitable for various needs.
Includes a large backyard and ample external storage areas, enhancing livability and practicality.
The property is a short sale and probate, indicating a potentially lengthy, legally complex, and uncertain closing process.
Explicitly sold "as-is" with disclaimers on square footage and permits, placing full responsibility and risk for property condition and verification on the buyer.
The preference for a cash investor, combined with the 1925 build year, suggests the property likely requires significant capital for renovations and updates, limiting the buyer pool.
SHORT SALE!!! PROPERTY IS A PROBATE 3 BEDROOMS 2 BATHROOMS, WITH A MASTER BED ROOM PLUS DEN, LARGE BACK YARD.LARGE kitchen with access to the backyard. The main bedroom is very spacious and has its own bathroom and fireplace. LOOKING FOR CASH INVESTOR. PROPERTY HAS LARGE STORAGE AREAS OUTSIDE. SELLER AND LISTING AGENT ARE NOT RESPONSIBLE FOR VERIFYING PROPERTY SQUARE FOOTAGE ACCURACY. BUYER IS TO THEIR DO OWN DUE DILIGENCE ON PROPERTY SQUARE FOOTAGE, PERMITS AND ANY OTHER DETAILS CONCERNING THE PROPERTY.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 52% |
| Square foot | 1,160 | 1,025.5 | 59% |
| Lot Size | 3,486 | 4,883.5 | 25% |
| Price | $430.0K | $592.5K | 13% |
| Price per sq ft | $371 | $576 | 13% |
| Built year | 1925 | 1939 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 307 | 181 | 98% |
Dec 5, 2025
$427,500
$450,000
-5% Price Drop
Initial Listing
Nov 22, 2025
$450,000
$508,000
-11% Price Drop
Initial Listing
Nov 7, 2025
$508,000
$435,000
+17% Price Increase
Initial Listing
Sep 10, 2025
$435,000
$505,000
-14% Price Drop
Initial Listing
Aug 27, 2025
$505,000
$530,000
-5% Price Drop
Initial Listing
Aug 19, 2025
$530,000
$540,000
-2% Price Drop
Initial Listing
Aug 11, 2025
$540,000
$555,000
-3% Price Drop
Initial Listing
Jun 19, 2025
$555,000
Initial Listing