814 E 104th Street, Los Angeles, California 90002, Los Angeles, 90002 - 1 bed, 1 bath

814 E 104th Street, Los Angeles, California 90002 home-pic-0
ACTIVE$650,000
814 E 104th Street, Los Angeles, California 90002
1Bed
1Bath
1,366Sqft
5,392Lot
Year Built
1924
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
25541235
Home ConditionPoor
Features
View

About this home

Possibly Over-Priced:The estimated price is 43% below the list price. We found 3 Cons,6 Pros. Rank: price - $650.0K(65th), sqft - 1366(74th), beds - 1(6th), baths - 1(48th).

Trust Sale. Subject to Court Confirmation and Overbidding in Court. For Sale after 61 years! Rare opportunity to own a fixer 2-bed, 2-bath home approx. 1,366 SF living area on a 5,392 lot SF with 3 car garage in Broadway-Manchester. Title shows 1 bed 1 bath only. Buyer to independently verify the accuracy of the square footage, bedroom/ bathroom count, lot size or lot lines/dimensions, permitted or un-permitted spaces. Great investment opportunity for an owner, or an investor, to make this home a true gem, it can be and realize substantial benefits. Current tenant is on a month-to-month tenancy, paying $2,039.50 per month. The property needs rehab and updating. Sold AS IS and WHERE IS, with all faults, and without warranty, express or implied, with current tenant(s) in place. Just minutes away from I-105 FWY and the Harbor Fwy (I-110), parks, restaurants and schools. Seller will not be responsible for any repairs, inspection reports, termite work, or mandatory government retrofit requirements prior to closing. Buyer to conduct their own investigations and assume all responsibilities for making the necessary repairs to the property. Seller is a Successor Trustee, unrelated to the property owner, and cannot make any representations as to the condition or history of the subject property.

Nearby schools

2/10
One Hundred Ninth Street Elementary School
Public,K-50.3mi
5/10
Ninety-Ninth Street Elementary School
Public,K-60.4mi
4/10
One Hundred Seventh Street Elementary School
Public,K-50.7mi
3/10
One Hundred Twelfth Street Elementary School
Public,K-50.7mi
3/10
Ninety-Sixth Street Elementary School
Public,K-60.9mi
3/10
Ninety-Third Street Elementary School
Public,K-60.9mi
4/10
One Hundred Sixteenth Street Elementary School
Public,K-50.9mi
5/10
One Hundred Eighteenth Street School
Public,K-51.3mi
5/10
Russell Elementary School
Public,K-61.4mi
3/10
South Park Elementary School
Public,K-61.4mi
6/10
One Hundred Twenty-Second Street Elementary School
Public,K-51.4mi
3/10
Edwin Markham Middle School
Public,6-80.9mi
2/10
Samuel Gompers Middle School
Public,6-81.1mi
3/10
Carver Elementary School
Public,PK-81.4mi
1/10
Charles Drew Middle School
Public,6-81.5mi
5/10
Willowbrook Middle School
Public,6-82.2mi
2/10
Mary Mcleod Bethune Middle School
Public,6-82.5mi
2/10
David Starr Jordan Senior High School
Public,9-121.7mi
3/10
Centennial High School
Public,9-121.8mi
3/10
John C. Fremont Senior High School
Public,9-122.0mi
9/10
Compton Early College High
Public,9-122.1mi
Condition Rating
Poor

This property is explicitly described as a 'fixer' that 'needs rehab and updating' and is being sold 'AS IS' with the buyer responsible for all repairs, including termite work and government retrofits. Built in 1924, the images confirm a severely outdated interior with a kitchen featuring old wood cabinets, worn laminate countertops, and an old white range, along with a bathroom showcasing very dated blue tiles, an old vanity, and basic fixtures. The carpets are old and worn, and the exterior shows signs of deferred maintenance, including visible roofline damage. The overall condition indicates substantial repairs and rehabilitation are required, aligning with the 'poor' criteria for properties built over 30 years ago with no major renovations in the past 30-50 years.
Pros & Cons

Pros

Great Schools: High School: Compton Early College High (9/10).
Investment Potential: Explicitly marketed as a 'Great investment opportunity' for an owner or investor to realize substantial benefits after renovation.
Income-Generating Asset: The property currently has a month-to-month tenant paying $2,039.50 per month, providing immediate rental income.
Generous Lot Size: A substantial 5,392 SF lot offers potential for expansion, landscaping, or additional structures.
Convenient Location: Located minutes away from major freeways (I-105 FWY and I-110), parks, restaurants, and schools, enhancing accessibility.
Three-Car Garage: The presence of a 3-car garage provides ample parking, storage, or potential for conversion (e.g., ADU), subject to local regulations.

Cons

Extensive Renovation Required: The property is explicitly a 'fixer' that 'needs rehab and updating,' indicating significant capital investment and effort will be required.
Strict 'As-Is' Sale: Sold 'AS IS and WHERE IS, with all faults, and without warranty,' placing full responsibility for all repairs, inspections, termite work, and mandatory retrofits on the buyer.
Complex Trust Sale Process: Being a 'Trust Sale' subject to 'Court Confirmation and Overbidding' introduces legal complexities, potential delays, and uncertainty regarding the final purchase price and closing timeline.

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