2554 Santa Ana S, Los Angeles, California 90059, Los Angeles, 90059 - 4 bed, 2 bath
ACTIVE$499,999
2554 Santa Ana S, Los Angeles, California 90059
4Beds
2Baths
1,121Sqft
3,134Lot
Year Built
1956
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$446
HOA
-
Days on market
-
Sold On
-
MLS number
DW25240703
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,6 Pros. Rank: price - $500.0K(17th), sqft - 1121(47th), beds - 4(75th), baths - 2(50th).
Calling all investors and savvy buyers! This property offers strong potential with two separate living spaces under one roof. The home features 4 bedrooms, 2 bathrooms, and 1,121 sq. ft. of living area on a 3,134 sq. ft. lot, maximizing every inch of space. The front unit includes 4 bedrooms and 1 bath (living room and garage converted into bedrooms), while the rear unit—with its own private alley entrance—features 2 bedrooms, 1 bath, and a full kitchen. This setup is ideal for rental income, multigenerational living, or redevelopment into a high-yield investment property. This property is offering a blank canvas for remodel, reconfiguration, or ADU development. With some TLC, investors can unlock substantial value and long-term cash flow. Picture Credit: Quinn Media
Nearby schools
5/10
Ritter Elementary School
Public,•K-5•0.2mi
5/10
Lincoln Elementary School
Public,•K-5•0.6mi
3/10
Grape Street Elementary School
Public,•K-5•0.7mi
2/10
Weigand Avenue Elementary School
Public,•K-5•0.7mi
5/10
Martin Luther King Elementary School
Public,•PK-6•0.8mi
6/10
Montara Avenue Elementary School
Public,•K-6•1.0mi
2/10
Lovelia P. Flournoy Elementary School
Public,•K-5•1.1mi
5/10
Lindbergh Elementary School
Public,•K-6•1.2mi
4/10
Stanford Avenue Elementary School
Public,•K-5•1.3mi
3/10
Compton Avenue Elementary School
Public,•K-5•1.4mi
3/10
One Hundred Twelfth Street Elementary School
Public,•K-5•1.5mi
4/10
Ninety-Second Street Elementary School
Public,•K-6•1.5mi
7/10
Willow Elementary
Public,•K-5•1.6mi
3/10
Ninety-Sixth Street Elementary School
Public,•K-6•1.7mi
2/10
One Hundred Ninth Street Elementary School
Public,•K-5•2.0mi
4/10
Judith F. Baca Arts Academy
Public,•K-6•2.0mi
4/10
One Hundred Sixteenth Street Elementary School
Public,•K-5•2.1mi
5/10
Ninety-Ninth Street Elementary School
Public,•K-6•2.1mi
4/10
Griffin Avenue Elementary School
Public,•K-5•9.4mi
2/10
Bunche Middle School
Public,•6-8•0.8mi
2/10
Southeast Middle School
Public,•6-8•1.0mi
2/10
Lincoln Elementary School
Public,•K-7•1.1mi
3/10
Edwin Markham Middle School
Public,•6-8•1.2mi
2/10
Cesar Chavez Middle School
Public,•6-8•1.3mi
5/10
Willowbrook Middle School
Public,•6-8•1.4mi
3/10
Carver Elementary School
Public,•PK-8•1.5mi
3/10
Lynwood Middle School
Public,•7-8•1.7mi
1/10
Charles Drew Middle School
Public,•6-8•2.3mi
2/10
Samuel Gompers Middle School
Public,•6-8•2.9mi
2/10
David Starr Jordan Senior High School
Public,•9-12•0.8mi
6/10
South East High School
Public,•9-12•1.0mi
9/10
Compton Early College High
Public,•9-12•1.4mi
3/10
Centennial High School
Public,•9-12•2.0mi
4/10
Lynwood High School
Public,•9-12•2.0mi
4/10
Marco Antonio Firebaugh High School
Public,•9-12•2.6mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,•6-12•2.8mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.6mi
Price History
Date
Event
Price
10/16/25
Listing
$499,999
12/09/93
Sold
$115,000
Condition Rating
Poor
The property was built in 1956, making it 68 years old. The listing explicitly describes it as a 'blank canvas for remodel, reconfiguration, or ADU development' and states it requires 'some TLC' and 'extensive renovation.' The mention of non-conforming conversions (living room and garage converted into bedrooms) further indicates significant issues. While no interior images are provided to assess kitchen and bathroom specifics, the overall description strongly suggests the property is in a state requiring substantial repairs and rehabilitation, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
Dual Income/Multi-Generational Living: The property features two distinct living spaces under one roof, ideal for generating rental income or accommodating multi-generational families.
High Investment Potential: Explicitly marketed towards investors, this property offers strong potential for high-yield returns, value appreciation, and long-term cash flow.
Redevelopment & ADU Opportunity: Described as a 'blank canvas' for remodel, reconfiguration, or Accessory Dwelling Unit (ADU) development, providing significant future value-add potential.
Strategic Los Angeles Location: Located in Los Angeles, the property benefits from a strong real estate market, high rental demand, and consistent appreciation trends.
Attractive Price Point: Listed at $499,999, it offers a relatively accessible entry point for an income-generating property in the competitive Los Angeles market.
Cons
Extensive Renovation Required: The property is presented as a 'blank canvas' needing 'TLC,' indicating significant capital investment and renovation work will be necessary.
Non-Conforming Conversions: The front unit includes bedrooms converted from the living room and garage, which may lead to permitting issues or impact the functionality and legality of the spaces.
Limited Lot Size & Dense Living: The 3,134 sq. ft. lot is relatively small, offering minimal outdoor space, and the 1,121 sq. ft. of living area for multiple units suggests potentially dense or cramped living conditions.