ACTIVE$850,000

2431 E 4th, Los Angeles, California 90033

5Beds

3Baths

2,479Sqft

6,743Lot

Year Built

1895

List price

$850K

Original List price

$850K

Price/Sqft

$343

HOA

Days on market

Sold On

MLS number

PW25261814

Home ConditionPoor

Features

Good View: City Lights

ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $850.0K(63th), sqft - 2479(63th), beds - 5(94th), baths - 3(94th).

Prime East Los Angeles Opportunity: Calling All Visionary Cash Investors! Exceptional opportunity to acquire a single-family residence with significant upside potential in the highly sought-after ZIP code 90033. Located near Boyle Heights and just minutes from Downtown LA, this property offers incredible square footage and structural bones for a complete transformation. This is a rare chance for experienced developers and investors ready to tackle an intensive rehab project. The property needs a full interior and exterior rebuild, presenting a clean slate to maximize future value. Focus your vision on maximizing the footprint and capitalizing on the growth of East LA. This property requires an All-Cash Offer due to the scope of work and structural conditions. Sold strictly AS-IS. This is not a standard sale; bring your architect and your general contractor!

Price History

Date

Event

Price

11/21/25

Listing

$850,000

06/09/23

Sold

$710,000

01/04/06

Sold

$480,000

Condition Rating

Poor

Built in 1895, this property is explicitly described as needing a 'full interior and exterior rebuild' and an 'intensive rehab project' due to 'structural conditions.' It requires an 'All-Cash Offer' and is sold 'AS-IS,' indicating significant defects and a property that is likely unsafe or uncomfortable to live in its current state. While the 'structural bones' are mentioned as a 'clean slate,' the extensive work required, including major system replacements and a complete overhaul of all interior components like kitchens and bathrooms, aligns perfectly with the 'poor' condition criteria.

Pros & Cons

Pros

Prime Location & Growth Potential: Located in the highly sought-after ZIP code 90033 in East LA, near Boyle Heights and minutes from Downtown LA, offering significant appreciation potential in a growing urban market.

Income-Generating Triplex: Classified as 'Residential Income' and a 'Triplex' with 5 beds and 3 baths, providing immediate or future rental income opportunities upon renovation.

Substantial Square Footage & Lot Size: Features a generous 2479 sqft of living space and a large 6743 sqft lot, offering ample room for redevelopment, expansion, or maximizing the property's footprint.

Developer/Investor Opportunity: Described as a 'clean slate' with 'structural bones' for a complete transformation, ideal for visionary cash investors and experienced developers to maximize future value.

Desirable City Lights View: The property boasts a desirable 'City Lights' view, enhancing its appeal and potential resale value after renovation.

Cons

Extensive Renovation Required: The property needs a 'full interior and exterior rebuild' and is described as an 'intensive rehab project,' indicating significant time, financial investment, and specialized expertise.

All-Cash Offer & As-Is Sale: Requires an 'All-Cash Offer' and is 'Sold strictly AS-IS,' severely limiting the buyer pool and placing all responsibility for repairs and conditions on the buyer.

Historic Age & Potential Issues: Built in 1895, the property's age suggests potential for outdated systems, structural issues, and compliance challenges, contributing to the extensive renovation needs.

About this home

Price History

Pros

Cons

Best solution for experienced home buyers!

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2431 E 4th, Los Angeles, California 90033, Los Angeles, 90033 - 5 bed, 3 bath

About this home

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI