
Los Angeles, California 90047
This Value-Add Residential Asset is a High-Potential Investment Opportunity listed at $629,000—positioned well below the $661,838 Fair Market Value by 4%. This valuation gap offers $32,838 in Instant Equity for buyers prepared to renovate a property with a Condition Rating of 5. The 5,700 sqft lot and detached garage provide significant ADU Potential near SoFi Stadium and the 9/10 rated Middle College High School. This probate sale is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9906 S Van Ness Subject | $629,000* List Price | 3 | 1 | 1,487 | $445 | - |
A 2030 W 95th Sold | $715,000 | 3 | 2 | 1,369 | $522 | 0.3 mi |
B 2022 W 99th Sold | $725,000 | 3 | 2 | 1,507 | $481 | 0.2 mi |
C 2007 W 94th Street Sold | $670,000 | 3 | 2 | 1,498 | $447 | 0.4 mi |
D 10520 Ruthelen Sold | $775,000 | 3 | 2 | 1,589 | $488 | 0.5 mi |
E 1658 W 109th Place Pending | $725,000 List Price | 3 | 2 | 1,754 | $413 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949, this property is explicitly marketed as an 'Investor Special' and a 'value-add property' that is 'ready for a full renovation.' The listing states it is sold strictly 'As-Is' with no repairs or credits, indicating significant deferred maintenance and outdated systems. While the structure appears intact from the exterior, the description confirms the need for a complete overhaul of the interior and major components.
High School: Middle College High School (9/10).
The property is situated in a high-demand area minutes from major landmarks like SoFi Stadium and the Intuit Dome, offering excellent proximity to LAX and Downtown Los Angeles.
The detached garage and spacious 5,700 sqft lot provide a significant opportunity for an ADU conversion or expansion, maximizing the property's future value and rental income.
The home is sold strictly 'as-is' and requires a full renovation, which will necessitate a substantial upfront capital investment and contractor oversight.
The surrounding public elementary and middle schools have very low ratings, which may limit the property's appeal to traditional family buyers and impact long-term appreciation.
Investor Special – Prime Opportunity! This 3-bedroom, 1.5-bath single-family home is a true value-add property with strong upside potential. Featuring a spacious layout that includes a dining room and separate laundry area, this home is ready for a full renovation and repositioning. The detached garage with an attached wood patio cover offers additional possibilities for expansion, ADU potential (buyer to verify), or enhanced outdoor living space—ideal for increasing future value. Located in a highly desirable pocket, just minutes from SoFi Stadium, Intuit Dome, and Kia Forum, this property is positioned in a rapidly growing, high-demand area. Centrally located with convenient access to Los Angeles International Airport, Downtown Los Angeles, and major beach cities—making it highly attractive for resale or rental income. Probate Sale. Administrator has Full Authority—no court confirmation required. Sold strictly “As-Is.” No repairs, no credits. Bring your contractor and vision—this is the project investors have been waiting for.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 1,487 | 1,369 | 68% |
| Lot Size | 5,700 | 5,282 | 64% |
| Price | $629.0K | $745.0K | 25% |
| Price per sq ft | $423 | $517 | 12% |
| Built year | 1949 | 1930 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 177 | 1% |
Apr 2, 2026
$629,000
Initial Listing