
Los Angeles, California 90023
This property presents a High-Potential Investment Opportunity with a List Price of $560,000—positioned well below the $551,375 Fair Market Value by -1.5%. While the home carries a Condition Rating of 5, the 1924 vintage structure offers a blank canvas for a comprehensive rehab. The inclusion of an additional family room and bonus room provides significant layout versatility. This asset is best suited for Fix-and-Flip Investors or Contractors capable of modernizing the infrastructure to capture the upside in this high-demand Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 963 Hollins Subject 2 bd · 1 ba · 902 sqft · $611 | $560,000* List Price | 2 | 1 | 902 | $611 | - |
A 949 Hollins Street Sold 3 bd · 1 ba · 950 sqft · $695 · 0.0 mi | $660,000 | 3 | 1 | 950 | $695 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924 with no evidence of recent renovations. The bathroom is severely dated with visible wall damage, peeling surfaces, and exposed wiring. Interior finishes show significant wear, and the exterior displays cracked concrete and deferred maintenance, indicating the property needs a comprehensive rehab.
Situated just minutes from Downtown Los Angeles in the Boyle Heights area, the property offers exceptional access to major employment hubs, diverse dining, and cultural attractions.
Despite the modest footprint, the inclusion of an additional family room and a bonus room provides significant versatility for home offices or growing families.
Priced competitively at $560,000, this home represents a rare opportunity for first-time buyers to acquire a detached single-family residence within the Los Angeles market.
Built in 1924, the property likely requires modernization of its century-old systems and structural elements to meet contemporary building standards.
With 68 days on the market and a recent price reduction from $599,000, the listing suggests a potential struggle to attract buyers at its initial valuation.
Just minutes from Downtown Los Angeles. Come discover this charming 3Bed 1Bathroom home featuring an additional family room and a bonus room. A great opportunity for first -time buyers ,families, in a convenient location .One of the biggest advantages of this location is the incredible variety of shopping, dining,entertainment ,cultural attractions and everyday conveniences nearby.Must come and see.
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 | 902 | 1,670.836 |
| Lot Size | 3,164 | 6,152.156 |
| Price | $560.0K | $1.34M |
| Price per sq ft | $621 | $807 |
| Built year | 1924 | 1941 |
| HOA | $0 | $238 |
| Days on market | 77 | 56 |
Oct 31, 2026
$560,000
$599,000
-7% Price Drop
Initial Listing
Aug 24, 2026
$599,000
Initial Listing
Jun 27, 2000
$110,000
Public Record