
Los Angeles, California 90002
This property presents a High-Potential Investment Opportunity with a List Price of $449,000—positioned well below the $462,845 Fair Market Value by 2%. This valuation gap offers $13,845 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a full renovation, yet the oversized 4,389 SF lot provides significant Development Potential for an ADU or footprint expansion. With a Walk Score of 90, this is a strategic 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 |
|---|---|---|---|---|---|---|
★ 9621 Defiance Avenue Subject | $449,000* List Price | 2 | 2 | 960 | $482 | - |
A 9622 Evers Sold | $545,000 | 3 | 2 | 1,020 | $534 | 0.1 mi |
B 9414 Clovis Avenue Sold | $535,000 | 3 | 2 | 1,149 | $466 | 0.6 mi |
C 819 E 98th Sold | $459,000 | 2 | 1 | 776 | $591 | 0.8 mi |
D 8637 Holmes Sold | $415,000 | 2 | 1 | 760 | $546 | 0.8 mi |
E 9514 Juniper Street Sold | $560,000 | 3 | 2 | 1,140 | $491 | 0.7 mi |
F 9607 Evers Avenue Sold | $430,000 | 3 | 2 | 1,160 | $371 | 0.1 mi |
G 8811 Holmes Sold | $400,000 | 3 | 1 | 894 | $447 | 0.6 mi |
H 2160 E 105th Sold | $550,000 | 3 | 2 | 1,200 | $458 | 0.9 mi |
I 9709 Maie Avenue Active | $550,000 List Price | 2 | 2 | 1,020 | $539 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1996 (28 years old), the property shows significant deferred maintenance and is marketed as an 'investor opportunity' requiring a contractor for a full rehab. While it features new mini-split HVAC units, the photos reveal dated interiors with popcorn ceilings, worn flooring, and dilapidated exterior structures that suggest the need for a complete renovation.
The oversized 4,389 SF lot is significantly larger than neighboring parcels, providing ample space for an ADU, a second-level addition, or a footprint expansion to maximize value.
Boasting a Walk Score of 90, the property is exceptionally well-located near public transit and local amenities, offering high convenience for urban living.
Built in 1996 on a raised foundation, the home is newer than many area comps and features recently installed mini-split HVAC systems, providing a solid structural and climate control base.
The property is marketed as a value-add project and sold in as-is condition, requiring immediate capital investment and professional renovation to be move-in ready.
With only 960 square feet of living area, the current interior layout is relatively compact, which may limit its appeal to larger families without further expansion.
Investor opportunity in Watts — sitting on an oversized 4,389 SF lot, notably bigger than neighboring parcels (comps in the immediate area range 2,250–3,486 SF). Built in 1996, this single-level home on a raised foundation is currently configured as a single family home with 2 bedrooms and 2 baths. It’s a value-add project ready for your vision: bring your contractor and potentially unlock the upside by expanding the footprint, adding a second level or adding an ADU. Bonus, there's a detached garage plus ample off-street parking. Two minisplit HVAC systems recently installed. Walk Score of 90, close to transit. Property sold as-is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 960 | 1,672 |
| Lot Size | 4,389 | 6,067 |
| Price | $449.0K | $1.37M |
| Price per sq ft | $468 | $801 |
| Built year | 1996 | 1939 |
| HOA | $0 | $348 |
| Days on market | 14 | 56 |
Jul 8, 2026
$449,000
Initial Listing
May 22, 2009
$105,000
Public Record