RealKey
‪(213) 433-7766‬

3961 Rockwood Street, East Los Angeles, California 90063, East Los Angeles, 90063 - 2 bed, 1 bath

3961 Rockwood Street, East Los Angeles, California 90063 home-pic-0
CLOSED$440,000
3961 Rockwood Street, East Los Angeles, California 90063
2Beds
1Bath
1,000Sqft
3,772Lot
Year Built
1926
Close
$440K
List price
$450K
Original List price
$450K
Price/Sqft
$450
HOA
-
Days on market
48 Days
Sold On
2025-12-04
MLS number
SR25242112
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $440.0K(10th), sqft - 1000(50th), beds - 2(37th), baths - 1(42th).

Major fixer with lots of potential in the heart of East Los Angeles. This City of Terrace 2-bed + 1-bath home offers 1,000 sq. ft. of living space and is ideal for an investor or buyer looking to renovate and create value. A long driveway leads to the entrance of the home. The living area can easily be divided into two sections, offering flexible layout options and flows directly into the kitchen. The kitchen has great potential for a full remodel, with room for a breakfast nook. A bonus room off the kitchen, not included in the bedroom count, could serve as a formal dining room, home office, or creative space. A dedicated laundry room sits conveniently between the kitchen and bathroom. Nearby attractions include Ascot Hills Park with its hiking trails and city views, El Sereno Recreation Center, Cal State LA, Alhambra Place for shopping, South Pasadena and much more! Home will not qualify for financing. Cash or hard money only. Probate Sale. Court confirmation NOT required.

Price History

Date
Event
Price
10/17/25
Listing
$450,000
Condition Rating
Poor
Built in 1926, this property is explicitly described as a 'major fixer' requiring 'extensive renovation' and will not qualify for traditional financing, indicating significant structural or systemic issues. Images reveal a neglected exterior with peeling stucco and overgrown landscaping, while the interior shows outdated and worn finishes, including old tile flooring and dated trim. The kitchen and bathroom are noted as needing a 'full remodel.' Overall, the property requires substantial rehabilitation to address its advanced age and bring it to a livable, functional standard.
Pros & Cons

Pros

Value-Add Investment Opportunity: The property is explicitly identified as a 'major fixer with lots of potential,' ideal for investors or buyers seeking to renovate and create significant value.
Central East Los Angeles Location: Situated in the heart of East Los Angeles, offering convenient access to a variety of local amenities, parks, educational institutions, and shopping centers.
Flexible Interior Space: Features a living area that can be easily divided and a versatile bonus room, providing adaptable layout options for various needs such as a home office or formal dining.
Dedicated Laundry Room: Includes a conveniently located, dedicated laundry room, enhancing the home's functionality and appeal.
Expedited Probate Sale: The probate sale does not require court confirmation, which streamlines the transaction process and reduces potential delays.

Cons

Extensive Renovation Required: Described as a 'major fixer,' the property demands substantial renovation and capital investment to bring it to modern standards.
Restricted Financing Options: The property will not qualify for traditional financing, limiting potential buyers to cash or hard money only, significantly narrowing the market.
Advanced Age of Structure: Built in 1926, the home likely requires significant updates to its infrastructure, systems, and potentially addressing age-related issues.

Best solution for experienced home buyers!

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

Browse Properties by State Browse housing market trends by state