4016 Ingraham, Los Angeles, California 90005, Los Angeles, 90005 - 5 bed, 2 bath

ACTIVE$999,000
4016 Ingraham, Los Angeles, California 90005
5Beds
2Baths
2,902Sqft
6,500Lot
Year Built
1911
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$344
HOA
-
Days on market
-
Sold On
-
MLS number
PW25277194
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $999.0K(13th), sqft - 2902(38th), beds - 5(50th), baths - 2(38th).
The property offers a lot of potential. Located a desirable historical neighborhood. Property is in need of rehabilitation. Priced to make the investors happy. Please note that Wilshire Park is an HPOZ https://planning.lacity.gov/preservation-design/overlays/wilshire-park.
Price History
Date
Event
Price
12/16/25
Listing
$999,000
Condition Rating
Poor
Built in 1911, this property is explicitly described as 'in need of rehabilitation' and 'priced to make the investors happy,' indicating substantial repairs and capital investment are required. The exterior image shows significant deferred maintenance. With no interior photos provided, the description strongly suggests that major systems, kitchen, and bathrooms are outdated or non-functional, requiring extensive renovation to be safe and comfortable for modern living. The limited number of bathrooms for a 5-bedroom home further supports the need for significant updates.
Pros & Cons
Pros
Prime Location: Situated in a desirable historical neighborhood within Mid-Wilshire, Los Angeles, offering strong appreciation potential and access to urban amenities.
Significant Investment Opportunity: Explicitly 'priced to make the investors happy' and described as having 'a lot of potential' for value addition through comprehensive renovation.
Generous Size: Boasts 5 bedrooms and 2902 sqft of living space on a substantial 6500 sqft lot, providing ample room for a large family or redevelopment.
Historical Charm: Built in 1911, the property offers inherent historical character, appealing to buyers seeking period architecture and unique design.
Competitive Price Point: Listed just under $1 million in a sought-after Los Angeles market, presenting an attractive entry point for a property of this size and potential.
Cons
Extensive Rehabilitation Required: The property is 'in need of rehabilitation,' indicating significant capital investment and effort will be necessary to modernize and restore it to its full potential.
HPOZ Restrictions: Located within a Historic Preservation Overlay Zone (HPOZ), which will impose strict guidelines and potential delays on renovations, particularly exterior modifications.
Limited Bathroom Facilities: With only 2 bathrooms for 5 bedrooms, the current configuration is insufficient for a large household and will likely necessitate costly additions or reconfigurations during renovation.