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Los Angeles, CA

$495,000

1023 De Garmo Drive, Los Angeles, CA
2
Beds
1
Baths
606
Sq Ft
1938
Built
88
Days listed

About this home

Investor opportunity near Downtown Los Angeles with significant upside potential. This 2-bedroom, 1-bath home sits on a good-sized lot with front and back yard space, a one-car garage, and a basement, offering multiple value-add possibilities. Property is a fixer and ideal for investors, flippers, or developers looking to renovate, expand, or reposition. The lot layout may allow for additional square footage (buyer to verify with city), making it a strong candidate for increased returns. Enjoy beautiful views and a prime location with close proximity to Downtown Los Angeles, major freeways, shopping, and dining. Rare chance to acquire a property with expansion potential in a high-demand area.

Facts & features

Interior
Bedrooms
2
Bathrooms
1 full
Living area
606 sq ft
Interior features
All Bedrooms Down
Fireplace
None
Cooling
None
Laundry
Outside
Levels
One
Exterior & lot
Lot size
0.172 acres (7,500 sq ft)
Pool
None
View
City Lights
Year built
1938
Parking spaces
1
Community
Area
BOYH - Boyle Heights
County
Los Angeles
Community features
Street Lights
Listing details
Status
Active
Property type
Single Family Residence
Days on market
88
Listed
2026-04-10
Original price
$525,000
Terms
Cash To New Loan
Parcel #
5231002016
MLS #
MB26077698
Listed by
SERGIO TAFOLLA · CENTURY 21 REALTY MASTERS

Location

Price history

Listed
$525,000 · 2026-04-10
Price reduced
$495,000 (−$30,000)
Days on market
88
Current price
$495,000
Financing

Could this home be yours?

Estimated monthly payment
$3,105
$2,503 principal & interest · $602 taxes & insurance
$99,000
Estimate only
Loan $396,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Estimated value range nearby
$297,256$348,952

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of CENTURY 21 REALTY MASTERS. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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