2149 Fargo Street, Los Angeles, California 90039, Los Angeles, 90039 - 2 bed, 1 bath

2149 Fargo Street, Los Angeles, California 90039 home-pic-0
ACTIVE$858,000
2149 Fargo Street, Los Angeles, California 90039
2Beds
1Bath
1,086Sqft
7,503Lot
Year Built
1909
Close
-
List price
$858K
Original List price
$858K
Price/Sqft
$790
HOA
-
Days on market
-
Sold On
-
MLS number
AR25185300
Home ConditionTear down
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $858.0K(9th), sqft - 1086(25th), beds - 2(34th), baths - 1(22th).

Nestled in the heart of Echo Park, this 2-bedroom, 1-bath fixer-upper presents an incredible opportunity to renovate, expand, or build new in a prime Los Angeles location. The main house (1,086 SF per assessor) sits on a generous 50x150 ft lot and features a raised foundation, a lower-level recreation room, and an additional workshop space with plumbing access. A separate 396 SF playroom (built in 1938) adds versatility, ideal for an office, studio, or guest retreat. This property also includes a second parcel (APN: 5422-021-005) designated for an irrevocable easement and right of way, enhancing accessibility. Additionally, a leveled parking pad provides extra parking space, a valuable feature in this high-demand neighborhood. Whether you're an investor, developer, or buyer with a vision, the possibilities are endless—remodel, expand, or create a brand-new masterpiece. Located just minutes from Elysian Park, vibrant cafes, and DTLA, this is a rare find in one of LA’s most desirable neighborhoods. Don’t miss this incredible opportunity!

Price History

Date
Event
Price
08/16/25
Listing
$858,000
Condition Rating
Tear down

Built in 1909, this property is explicitly marketed as a 'fixer-upper' with the option to 'renovate, expand, or build new,' indicating its value is primarily in the land. Images reveal an extremely outdated and worn interior: the kitchen features old, basic appliances, worn wood countertops, and dated cabinets, while the bathroom has severely outdated tiles and fixtures. The overall condition, including worn flooring, old light fixtures, and visible window AC units (suggesting no central HVAC), points to a structure that requires substantial rehabilitation or demolition, aligning with the 'tear-down' criteria.
Pros & Cons

Pros

Prime Location: Nestled in the highly desirable Echo Park neighborhood, minutes from Elysian Park, vibrant cafes, and DTLA, offering excellent accessibility and lifestyle.
Significant Development Potential: Presents an incredible opportunity for investors, developers, or visionary buyers to renovate, expand, or build a brand-new masterpiece.
Generous Lot Size: Sits on a substantial 50x150 ft lot (7,503 SF), providing ample space for expansion or new construction in a dense urban area.
Versatile Additional Spaces: Includes a separate 396 SF playroom (ideal for office/studio/guest retreat), a lower-level recreation room, and a workshop with plumbing access, adding significant utility.
Extra Parking: Features a leveled parking pad, a valuable asset in this high-demand neighborhood where parking can be scarce.

Cons

Fixer-Upper Condition: The property is explicitly described as a 'fixer-upper,' indicating it requires significant renovation and investment to be move-in ready or to realize its full potential.
Age of Property: Built in 1909, the main house is over a century old, suggesting potential for outdated systems, structural issues, or the need for extensive modernization.
Limited Current Living Space: The main house is a modest 2-bedroom, 1-bath with 1,086 SF, which may be too small for many buyers without immediate plans for expansion.

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