ACTIVE$1,999,000

910 E 20th Street, Los Angeles, California 90011

0Bed

0Bath

11,689Sqft

12,008Lot

Year Built

1902

List price

$2M

Original List price

$2.2M

Price/Sqft

HOA

Days on market

Sold On

MLS number

OC25031890

Home ConditionFair

Features

Good View: City Lights, Neighborhood

ViewCity Lights,Neighborhood

About this home

A unique opportunity to acquire two contiguous parcels zoned LA-R2 within a designated Opportunity Zone. Comprised of three separate structures totaling 11,686sf in size, it includes a vacant house, a 4 unit multifamily, and a three story industrial building that has rooftop access with unobstructed views of Downtown LA. The entire property sits on a 12,008sf (.27 acres) corner lot w/ 150’ frontage and alley access, providing a tremendous value add opportunity for a local and experienced investor/developer to reposition or redevelop the property. The corner house is a 3bed/1.5 bath craftsman w/ a finished second floor, and is currently vacant. The industrial building is also delivered vacant and available for a potential owner/user. The 4 units are all 1 bedrooms, and one unit will be delivered vacant. The other three are currently occupied w/ MTM tenancy at below market rents. Good Location south of the 10 fwy, east of the 110 fwy, and 2 miles to USC, Exposition Park, Downtown LA, the fashion district, LA Live, Restaurants & Shops.

Nearby schools

5/10

San Pedro Street Elementary School

Public,•K-5•0.3mi

5/10

Twentieth Street Elementary School

Public,•K-5•0.4mi

3/10

Twenty-Eighth Street Elementary School

Public,•K-5•0.5mi

4/10

Quincy Jones Elementary School

Public,•K-5•0.8mi

5/10

Dolores Huerta Elementary School

Public,•K-5•0.8mi

4/10

Nevin Avenue Elementary School

Public,•K-5•1.1mi

/10

Maple Primary Center

Public,•K-1•1.1mi

3/10

Wadsworth Avenue Elementary School

Public,•K-5•1.1mi

3/10

Trinity Street Elementary School

Public,•K-5•1.2mi

2/10

Harmony Elementary School

Public,•K-5•1.3mi

4/10

Ricardo Lizarraga Elementary School

Public,•K-5•1.3mi

4/10

Norwood Street Elementary School

Public,•K-5•1.5mi

3/10

Sally Ride Elementary: A Smart Academy

Public,•K-5•1.6mi

2/10

Forty-Ninth Street Elementary School

Public,•K-5•1.9mi

5/10

West Vernon Avenue Elementary School

Public,•K-5•2.0mi

2/10

John W. Mack Elementary School

Public,•K-5•2.2mi

5/10

Menlo Avenue Elementary School

Public,•K-5•2.3mi

2/10

Marguerite Poindexter Lamotte Elementary

Public,•K-5•2.5mi

/10

Dr. James Edward Jones Primary Center

Public,•K-2•2.7mi

2/10

Dr. Julian Nava Learning Academies-School Of Business And Technology

Public,•6-8•0.8mi

4/10

John Adams Middle School

Public,•6-8•1.0mi

3/10

William Jefferson Clinton Middle School

Public,•6-8•1.2mi

3/10

George Washington Carver Middle School

Public,•6-8•1.6mi

2/10

John Muir Middle School

Public,•6-8•3.4mi

2/10

Barack Obama Global Preparation Academy

Public,•6-8•3.5mi

5/10

Santee Education Complex

Public,•9-12•0.4mi

3/10

Nava College Preparatory Academy

Public,•9-12•1.1mi

2/10

Thomas Jefferson Senior High School

Public,•9-12•1.2mi

4/10

West Adams Preparatory High School

Public,•9-12•2.2mi

3/10

Manual Arts Senior High School

Public,•9-12•2.4mi

Price History

Date

Event

Price

12/11/18

Sold

$1,750,000

Condition Rating

Fair

The property includes a mix of structures. The house appears to have a renovated kitchen and bathroom with modern finishes, but the overall condition of the house and other structures, especially the industrial building, suggests deferred maintenance and outdated elements. Given the age (built in 1902) and the varying conditions of the different buildings, a 'Fair' rating is appropriate. Some parts have been updated, while others require significant work.

Pros & Cons

Pros

Development Opportunity: Two contiguous parcels zoned LA-R2 in an Opportunity Zone offer significant redevelopment potential.

Multiple Structures: Comprised of three separate structures (house, multifamily, industrial) totaling 11,686sf, providing diverse income or usage possibilities.

Large Lot Size: Sits on a 12,008sf corner lot with 150’ frontage and alley access, enhancing development flexibility.

Vacant Units: The house and industrial building are vacant, and one of the four apartment units will be delivered vacant, allowing for immediate occupancy or renovation.

Prime Location: Good location south of the 10 fwy, east of the 110 fwy, and close proximity to USC, Exposition Park, Downtown LA, the fashion district, and LA Live.

Cons

Below Market Rents: Three of the four apartment units are occupied with month-to-month tenancy at below-market rents, requiring rent adjustments or tenant turnover for increased income.

Age of Property: Built in 1902, the property may require significant renovations and upgrades to meet modern standards and building codes.

Property Condition: The description implies that the property needs repositioning or redevelopment, suggesting that the current condition may not be ideal.

About this home

Nearby schools

Price History

Pros

Cons

Best solution for experienced home buyers!

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910 E 20th Street, Los Angeles, California 90011, Los Angeles, - bed, bath

About this home

Nearby schools

Price History

Pros

Cons

Best solution for experienced home buyers!

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