3846 Tampico Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 1 bath

ACTIVE$769,000
3846 Tampico Avenue, Los Angeles, California 90032
3Beds
1Bath
1,198Sqft
7,128Lot
Year Built
1910
Close
-
List price
$769K
Original List price
$769K
Price/Sqft
$642
HOA
-
Days on market
-
Sold On
-
MLS number
CV25233686
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $769.0K(31th), sqft - 1198(44th), beds - 3(50th), baths - 1(38th).
GREAT OPPORTUNITY! Flip or small developer. Please note LADR3 Zoning. The house needs many repairs. Very large lot with alley access. Located just north of Huntington Drive in a very sought-after area. Don't miss out on this one
Price History
Date
Event
Price
10/07/25
Listing
$769,000
Condition Rating
Poor
Built in 1910, this property is over a century old. The listing explicitly states, 'The house needs many repairs,' and markets it as a 'Flip or small developer' opportunity, indicating substantial rehabilitation is required. The exterior image shows significant signs of neglect and deferred maintenance, including a cluttered porch and unkempt yard. Given the age and description, it's highly probable that the kitchen, bathroom, and all major systems (electrical, plumbing, HVAC) are original or severely outdated and in poor condition, necessitating extensive renovation. This aligns with the 'Poor' condition criteria, which describes properties requiring substantial repairs and rehabilitation due to significant defects and outdated major components.
Pros & Cons
Pros
Development Potential: The property boasts LADR3 zoning, which is highly desirable for developers, allowing for multi-unit residential development and potentially maximizing land use.
Large Lot Size: With a generous lot size of 7,128 sqft, the property offers ample space for expansion, new construction, or significant landscaping, a rare find in Los Angeles.
Alley Access: The presence of alley access provides additional utility, potentially for secondary dwelling units (ADUs), separate parking, or easier construction logistics.
Sought-After Location: Situated just north of Huntington Drive in a 'very sought-after area' of Los Angeles (El Sereno), indicating strong demand and potential for appreciation.
Investment Opportunity: Explicitly marketed as a 'GREAT OPPORTUNITY! Flip or small developer,' highlighting its value-add potential for investors willing to undertake repairs and redevelopment.
Cons
Extensive Repairs Needed: The property description clearly states 'The house needs many repairs,' implying significant upfront investment and renovation costs for any buyer.
Age of Property: Built in 1910, the home is over a century old, which often means outdated systems, potential for lead paint/asbestos, and higher maintenance requirements.
Limited Living Space: The existing structure is relatively small at 1,198 sqft with only 3 beds and 1 bath, which may not appeal to buyers seeking larger, move-in ready family homes without significant renovation.