926 East 97th Street, Los Angeles, California 90002, Los Angeles, 90002 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$499,000
926 East 97th Street, Los Angeles, California 90002
2Beds
1Bath
924Sqft
4,802Lot
Year Built
1925
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$540
HOA
-
Days on market
-
Sold On
-
MLS number
PW25248684
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,6 Pros. Rank: price - $499.0K(26th), sqft - 924(33th), beds - 2(35th), baths - 1(48th).
Great opportunity in South Los Angeles! This 2-bedroom, 1-bath single-family residence offers 924 sq ft of living area on a 4,802 sq ft lot. Built in 1925, the home includes a functional floor plan with a living room, kitchen featuring a butler’s pantry, two guest bedrooms and a separate laundry room. The large lot provides room for outdoor living or potential future improvements. Ideal for investors or buyers looking for a project. Convenient access to major transportation routes, shopping, and nearby amenities.
Nearby schools
5/10
Ninety-Ninth Street Elementary School
Public,•K-6•0.1mi
3/10
Ninety-Sixth Street Elementary School
Public,•K-6•0.5mi
3/10
Ninety-Third Street Elementary School
Public,•K-6•0.7mi
2/10
One Hundred Ninth Street Elementary School
Public,•K-5•0.8mi
5/10
Russell Elementary School
Public,•K-6•0.9mi
3/10
South Park Elementary School
Public,•K-6•1.0mi
4/10
One Hundred Seventh Street Elementary School
Public,•K-5•1.1mi
3/10
One Hundred Twelfth Street Elementary School
Public,•K-5•1.1mi
4/10
One Hundred Sixteenth Street Elementary School
Public,•K-5•1.4mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•1.7mi
6/10
One Hundred Twenty-Second Street Elementary School
Public,•K-5•1.9mi
3/10
Edwin Markham Middle School
Public,•6-8•0.9mi
1/10
Charles Drew Middle School
Public,•6-8•1.1mi
2/10
Samuel Gompers Middle School
Public,•6-8•1.5mi
3/10
Carver Elementary School
Public,•PK-8•1.7mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•2.2mi
5/10
Willowbrook Middle School
Public,•6-8•2.5mi
2/10
David Starr Jordan Senior High School
Public,•9-12•1.6mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.7mi
3/10
Centennial High School
Public,•9-12•2.3mi
9/10
Compton Early College High
Public,•9-12•2.5mi
Price History
Date
Event
Price
11/01/25
Listing
$499,000
Condition Rating
Poor
Built in 1925, this property is nearly 100 years old. While some cosmetic updates like new laminate flooring and fresh paint are visible in the living areas and bedrooms, the kitchen is extremely outdated with original or very old wooden cabinets, worn laminate countertops, and an old sink/faucet, clearly lacking modern appliances. The bathroom is not shown but is likely in a similar condition. The description explicitly states it's 'ideal for investors or buyers looking for a project' and highlights the 'necessity of extensive renovations,' which aligns with the 'poor' category requiring substantial repairs and rehabilitation, particularly for major components like the kitchen and likely the bathroom and other systems due to its age.
Pros & Cons
Pros
Great Schools: High School: Compton Early College High (9/10).
Investment/Renovation Potential: Explicitly marketed as a 'great opportunity' and 'ideal for investors or buyers looking for a project,' indicating significant potential for value addition through renovation and upgrades.
Generous Lot Size: The 4,802 sq ft lot provides ample outdoor space for living, gardening, or potential future expansion, which is a valuable asset in an urban environment like Los Angeles.
Strategic Location: Offers convenient access to major transportation routes, shopping, and nearby amenities, enhancing daily convenience and potential rental appeal.
Functional Floor Plan with Character: Features a functional floor plan including a living room, two bedrooms, a separate laundry room, and a unique butler’s pantry, offering practical living space with historical charm.
Accessible Price Point: Listed at $499,000, this property represents a relatively affordable entry into the Los Angeles single-family home market, appealing to budget-conscious buyers or investors.
Cons
Advanced Age & Condition: Built in 1925, the property is nearly a century old, suggesting the likelihood of outdated systems, deferred maintenance, and the necessity of extensive renovations to meet modern standards.
Limited Living Space: With only 924 sq ft, 2 bedrooms, and 1 bathroom, the home offers restricted living space, which may not be suitable for larger families or those desiring more expansive accommodations.
Subpar School Ratings: Several nearby middle and high schools have low ratings (e.g., 1-3), which could be a significant deterrent for families prioritizing access to highly-rated educational institutions.