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524 W 91st Street, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath

524 W 91st Street, Los Angeles, California 90044 home-pic-0
ACTIVE$525,000
524 W 91st Street, Los Angeles, California 90044
3Beds
2Baths
1,107Sqft
6,099Lot
Year Built
1923
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$474
HOA
-
Days on market
-
Sold On
-
MLS number
25525975
Home ConditionPoor
Features
View-

About this home

Great Deal:The estimated price is 5% above the list price. We found 3 Cons,6 Pros. Rank: price - $525.0K(10th), sqft - 1107(30th), beds - 3(50th), baths - 2(50th).

Investor's Opportunity AS-IS, Cash or Hard Money Only. This three-bedroom, two-bathroom home sits on a spacious lot, offering plenty potential for investors. Conveniently located near the 105 and 110 freeways, it provides easy access to Downtown Los Angeles, LAX, the Beach, and major attractions like SoFi Stadium. This property is in a prime location. The home presents an excellent opportunity to add value, whether through renovation or the potential addition of an Accessory Dwelling Unit (ADU) to maximize living space. Features include a kitchen with laundry area, a dining room, and a family room. This is a Probate Sale. NO Court Confirmation is required. The property will be sold As-Is. Property will not qualify for FHA or VA financing. The property is tenant occupied. Property will be delivered with tenants. PLEASE DO NOT ACCESS THE PROPERTY AND DO NOT DISTURB THE TENANTS.

Nearby schools

4/10
Manchester Avenue Elementary School
Public,•1-6•0.4mi
4/10
Charles W. Barrett Elementary School
Public,•K-5•0.5mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.5mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•0.6mi
3/10
Ninety-Fifth Street Elementary School
Public,•K-5•0.8mi
5/10
Figueroa Street Elementary School
Public,•K-5•1.3mi
5/10
Woodcrest Elementary School
Public,•K-5•1.4mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•2.0mi
3/10
West Athens Elementary School
Public,•K-5•2.1mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.2mi
2/10
Samuel Gompers Middle School
Public,•6-8•1.5mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.7mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.4mi
9/10
Middle College High School
Public,•9-12•2.7mi

Price History

Date
Event
Price
12/05/25
Listing
$525,000
Condition Rating
Poor
Built in 1923, this property is explicitly marketed 'AS-IS' as an 'Investor's Opportunity' requiring 'renovation' to 'add value.' The inability to qualify for FHA or VA financing strongly indicates significant deferred maintenance and potential defects that do not meet minimum property standards. The lack of interior photos, especially of the kitchen and bathrooms, combined with the 'do not disturb tenants' instruction, suggests these areas are likely very outdated and in poor condition, requiring substantial repairs and rehabilitation rather than minor updates.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Prime Investment Opportunity: Explicitly marketed as an 'Investor's Opportunity' with 'excellent opportunity to add value,' appealing to buyers seeking renovation projects and equity growth.
Strategic Freeway Access: Conveniently located near the 105 and 110 freeways, providing easy and quick access to key Los Angeles destinations.
High Potential for Value-Add & ADU: Sits on a spacious lot (6099 sqft), offering significant potential for renovation and the addition of an Accessory Dwelling Unit (ADU) to maximize living space and rental income.
Desirable Los Angeles Proximity: Offers easy access to major attractions like Downtown Los Angeles, LAX, the Beach, and SoFi Stadium, enhancing its long-term appeal and rental demand.
Expedited Probate Process: As a Probate Sale with 'NO Court Confirmation required,' the transaction process is significantly streamlined, reducing typical probate delays and complexities.

Cons

Significant Renovation & As-Is Condition: The property is sold 'AS-IS' and explicitly states an 'opportunity to add value,' indicating substantial renovation and capital investment will be required by the buyer.
Restrictive Occupancy & Access: Being 'tenant occupied' and 'delivered with tenants,' with strict 'DO NOT ACCESS' instructions, severely complicates due diligence, showings, and immediate possession for a new owner.
Limited Financing & Buyer Pool: The requirement for 'Cash or Hard Money Only' and inability to qualify for FHA or VA financing drastically narrows the potential buyer pool and increases the barrier to entry.

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