330 E Colden Avenue, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath

330 E Colden Avenue, Los Angeles, California 90003 home-pic-0
ACTIVE$450,000
330 E Colden Avenue, Los Angeles, California 90003
2Beds
1Bath
1,381Sqft
5,102Lot
Year Built
1928
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$326
HOA
-
Days on market
-
Sold On
-
MLS number
25622477
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $450.0K(22th), sqft - 1381(73th), beds - 2(41th), baths - 1(47th).

Fantastic opportunity for investors or buyers looking for a value-add property! Located at 330 E Colden Ave, this 2 bedroom, 1 bath Single Family home offers tremendous potential for renovation, expansion, or redevelopment. Behind a secure wrought-iron gate, the home welcomes you with a charming living room featuring coved ceilings, a decorative fireplace, and candle-style wall sconces. A separate dining room with coved ceilings and a kitchen with an eat-in area provide a functional layout, while wood flooring throughout most of the home adds warmth and character. The property also includes several unpermitted bonus rooms, offering additional space and flexibility for the right buyer. Whether you're looking to restore, reimagine, or expand, this home is ready for your vision. Come see the possibilities!

Price History

Date
Event
Price
11/24/25
Listing
$450,000
Condition Rating
Poor

Built in 1928, this property is nearly a century old and shows significant signs of age and deferred maintenance. The kitchen is severely outdated with old cabinets, worn laminate countertops, basic white tile backsplash, and an old-fashioned chandelier, requiring a complete renovation. The bathroom is also in very poor condition, featuring an old vanity, dated sliding shower doors, and visible peeling paint/damage on the walls, indicating extensive repairs are needed. While some original character remains (hardwood floors, coved ceilings), the property requires substantial rehabilitation, including likely major system replacements (plumbing, electrical, HVAC) and addressing unpermitted structures, making it far from move-in ready.
Pros & Cons

Pros

High Investment Potential: Explicitly marketed as a 'value-add property' with 'tremendous potential for renovation, expansion, or redevelopment,' appealing to investors and buyers seeking to customize.
Charming Period Details: Features like coved ceilings, a decorative fireplace, candle-style wall sconces, and wood flooring throughout most of the home offer character and historical appeal.
Functional Interior Layout: The presence of a separate dining room and an eat-in kitchen provides a practical and desirable living arrangement.
Generous Lot Size: A 5,102 sqft lot offers ample space for potential expansion of the existing structure or creation of additional outdoor living areas.
Enhanced Security: The property benefits from a secure wrought-iron gate, providing an added layer of privacy and safety.

Cons

Unpermitted Structures: The presence of 'several unpermitted bonus rooms' poses a significant legal and financial risk, requiring potential buyers to undertake costly legalization processes or removal.
Age and Condition Implied: Built in 1928, the property is nearly a century old, suggesting a high likelihood of needing extensive updates to major systems (plumbing, electrical, HVAC) and general modernization, which is a substantial investment.
Limited Living Space: With only 2 bedrooms and 1 bathroom, the current configuration may be restrictive for many modern families, potentially limiting the market appeal without significant expansion.

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