318 W 64th Street, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
ACTIVE$490,000
318 W 64th Street, Los Angeles, California 90003
2Beds
1Bath
1,003Sqft
3,465Lot
Year Built
1922
Close
-
List price
$490K
Original List price
$500K
Price/Sqft
$489
HOA
-
Days on market
-
Sold On
-
MLS number
CV25201546
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $490.0K(27th), sqft - 1003(43th), beds - 2(41th), baths - 1(47th).
Investor opportunity, Home Sold As Is, close proximity to 110 FWY, Cash ONLY sale. Don't disturb tenants. Kitchen has granite countertops, dining room is in kitchen, house backs-up to alley, 3rd bedroom added to what was originally a large living room. Seller to acquire property with tenant in place.
Price History
Date
Event
Price
12/12/25
Price Change
$490,000-2.0%
09/09/25
Listing
$500,000
Condition Rating
Poor
Built in 1922, this property is over 100 years old. The listing explicitly states 'Sold As Is' and requires a 'Cash ONLY sale,' which are strong indicators that the property requires substantial repairs and rehabilitation, likely not qualifying for traditional financing. While the kitchen is noted to have 'granite countertops,' this single upgrade is insufficient to elevate the overall condition given the property's age and the explicit warnings. The exterior image shows signs of deferred maintenance, and the conversion of a living room into a third bedroom suggests potential functional or structural issues. Without interior photos, especially of the bathroom, it's difficult to assess specific conditions, but the overall context points to significant defects and a need for major system replacements or repairs.
Pros & Cons
Pros
Investor Opportunity: The property is explicitly marketed as an 'Investor opportunity' with a tenant in place, appealing to buyers seeking immediate rental income.
Strategic Freeway Access: Its close proximity to the 110 FWY provides excellent accessibility for commuters and enhances regional connectivity.
Kitchen Upgrade: The kitchen features granite countertops, offering a modern and desirable aesthetic upgrade.
Recent Price Adjustment: A recent price reduction from $500,000 to $490,000 indicates seller motivation and potential for a competitive purchase.
Single-Family Home Status: As a detached single-family residence in Los Angeles, it offers privacy and potential for long-term appreciation.
Cons
Cash-Only Sale: The requirement for a 'Cash ONLY sale' significantly limits the potential buyer pool, excluding those reliant on traditional financing.
As-Is Condition & Age: Being sold 'As Is' for a property built in 1922 suggests a high likelihood of requiring substantial repairs, renovations, and deferred maintenance.
Tenant Occupied & Non-Conforming Space: The property is tenant-occupied, complicating showings and possession, and a 3rd bedroom was created from a living room, which may raise permit issues and impact functional living space.