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224 N Bixel, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath

224 N Bixel, Los Angeles, California 90026 home-pic-0
ACTIVE$569,000
224 N Bixel, Los Angeles, California 90026
2Beds
1Bath
688Sqft
1,800Lot
Year Built
1923
Close
-
List price
$569K
Original List price
$589K
Price/Sqft
$827
HOA
-
Days on market
-
Sold On
-
MLS number
SR25245675
Home ConditionTear down
Features
ViewCity Lights,Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $569.0K(2th), sqft - 688(5th), beds - 2(38th), baths - 1(24th).

Looking to live in the heart of Los Angeles and be in the center of all the action and nightlife? This charming two-bedroom, one-bath home holds the potential to be transformed into a modern sanctuary. Located in a prime location near the city’s most vibrant attractions. Just steps from Vista Hermosa Park and the Echo Park indoor swimming pool, and minutes from Echo Park Lake, Dodger Stadium, Olvera Street, Disney Hall, world class museums, and the Staples Center. Enjoy being close to the trendy Echo Park community, known for its unique shops and dining. With convenient access to the 110, 10, and 101 freeways, this centrally located property provides easy connectivity to Downtown Los Angeles and beyond. This property has a great layout with plenty of natural light. Perfect for a savvy buyer to supplement their income from the smaller unit. The real charm lies in the possibility to build up and create a space that offers breathtaking views of Downtown Los Angeles Skyline. The possibilities are endless, build your dream home or build your own income property.

Nearby schools

4/10
Betty Plasencia Elementary School
Public,•K-6•0.2mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•0.5mi
6/10
Castelar Street Elementary School
Public,•K-5•0.8mi
/10
Lake Street Primary School
Public,•K-1•1.0mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•1.0mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.6mi
2/10
Mayberry Street Elementary School
Public,•K-6•1.6mi
8/10
Clifford Street Elementary School
Public,•K-6•1.8mi
3/10
Elysian Heights Elementary School
Public,•K-6•1.8mi
5/10
Micheltorena Street Elementary School
Public,•K-5•2.1mi
7/10
Dorris Place Elementary School
Public,•K-6•2.1mi
8/10
Allesandro Elementary School
Public,•K-6•2.6mi
3/10
Sal Castro Middle School
Public,•6-8•0.5mi
2/10
Logan Street Elementary School
Public,•K-8•1.1mi
5/10
Virgil Middle School
Public,•6-8•2.2mi
5/10
Florence Nightingale Middle School
Public,•6-8•2.6mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.7mi
6/10
Irving STEAM Magnet
Public,•6-8•3.8mi
3/10
Belmont Senior High School
Public,•9-12•0.5mi
8/10
John Marshall Senior High School
Public,•9-12•3.3mi

Price History

Date
Event
Price
12/11/25
Price Change
$569,000-3.4%
10/31/25
Listing
$589,000
03/07/01
Sold
$65,000
12/18/00
Sold
$20,000
Condition Rating
Tear down
Built in 1923, this property shows extensive signs of neglect and severe disrepair. The kitchen area is non-functional with exposed plumbing, significant wall damage, and an old water heater, indicating it's essentially gutted or requires a complete overhaul. Other interior spaces feature dirty, stained carpets, worn laminate flooring, damaged walls, and outdated fixtures. The overall condition suggests the structure is beyond repair for comfortable living and its value is primarily in the land and redevelopment potential, as hinted by the listing description's focus on 'potential to be transformed' and 'build your dream home'.
Pros & Cons

Pros

Exceptional Central Location: The property is situated in the heart of Los Angeles, offering prime access to vibrant attractions, the trendy Echo Park community, and excellent connectivity via major freeways (110, 10, 101).
Significant Development Potential: There is clear potential to build up the property to capture breathtaking Downtown Los Angeles skyline views and/or develop it into a multi-unit income-generating asset.
Income Generation Opportunity: The listing explicitly highlights the potential for a savvy buyer to supplement income, possibly through a smaller unit or further development.
Abundant Natural Light: The home features a great layout that benefits from plenty of natural light, enhancing the living environment.
Proximity to Parks & Entertainment: Located just steps from Vista Hermosa Park and the Echo Park indoor swimming pool, and minutes from major entertainment venues like Dodger Stadium and Staples Center.

Cons

Compact Living Space: With only 688 sqft, the property offers a very small living area for a two-bedroom, one-bath home, which may be restrictive for some buyers.
Historic Age & Renovation Needs: Built in 1923, the property is likely to require substantial renovation and updates to its systems and finishes to meet contemporary standards and comfort.
Limited Lot Size: The 1800 sqft lot is quite small, which may limit outdoor living space, gardening opportunities, and ground-level expansion possibilities.

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