Investor / Flipper Special or value oriented homeowner – 2-Bed Home on Large Lot with Proposed Schematic Plan Included!
Classic California bungalow located in the heart of the Florence neighborhood. This solid residence on a spacious 5,101 sq ft lot offers excellent potential for value-add investors, developers, and flippers.
The property is being offered as-is with a proposed SCHEMATIC plan included in the listing materials. This conceptual redesign demonstrates how the existing floor plan can be optimized — including the potential to create a 3-bedroom configuration along with improved kitchen flow, pantry, built-in storage, and stacked laundry area. Opportunity Highlights:
• Proposed Plan shows smart reconfiguration for better functionality and potential 3rd bedroom
• Large 5,101 sq ft lot with strong ADU potential under LAR2 zoning, duplex +2 ADU
• Classic single-story layout ready for interior updates
• Ideal for investors seeking sweat equity or redevelopment projects
Conveniently located in Florence with easy access to public transit, shopping, major freeways, and downtown LA. This is a prime opportunity for buyers looking to customize or maximize returns in a neighborhood with growing demand.
Whether you’re a developer, house flipper, or visionary homeowner, bring your ideas and make it your own!
Classic California bungalow located in the heart of the Florence neighborhood. This solid residence on a spacious 5,101 sq ft lot offers excellent potential for value-add investors, developers, and flippers.
The property is being offered as-is with a proposed SCHEMATIC plan included in the listing materials. This conceptual redesign demonstrates how the existing floor plan can be optimized — including the potential to create a 3-bedroom configuration along with improved kitchen flow, pantry, built-in storage, and stacked laundry area. Opportunity Highlights:
• Proposed Plan shows smart reconfiguration for better functionality and potential 3rd bedroom
• Large 5,101 sq ft lot with strong ADU potential under LAR2 zoning, duplex +2 ADU
• Classic single-story layout ready for interior updates
• Ideal for investors seeking sweat equity or redevelopment projects
Conveniently located in Florence with easy access to public transit, shopping, major freeways, and downtown LA. This is a prime opportunity for buyers looking to customize or maximize returns in a neighborhood with growing demand.
Whether you’re a developer, house flipper, or visionary homeowner, bring your ideas and make it your own!
Property Details
Price:
$575,000
MLS #:
PW26120197
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c42downtownla
Listed Date:
Jun 3, 2026
Finished Sq Ft:
1,100
Lot Size:
5,101 sqft / 0.12 acres (approx)
Year Built:
1926
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
1 Full Bathroom
Cooling
NO
Laundry Features
IN
Levels
A
Main Level Bathrooms
1
Main Level Bedrooms
2
Exterior
Common Walls
NCW
Community Features
SDW
Garage Spaces
1
Parking Spots
1
Parking Total
1
Spa Features
NO
View
NO
Financial
Map
Community
- Address715 E 83 Street Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90001
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jun 05, 2026
7,113
Single Family Listed
83
Avg DOM
435
Avg $ / SqFt
$1,674,886
Avg List Price
Property Summary
- 715 E 83 Street Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90001. It is listed for $575,000 and features 2 beds, 1 baths, and has approximately 1,100 square feet of living space, and was originally constructed in 1926. The current price per square foot is $523. The average price per square foot for Single Family listings in Los Angeles is $435. The average listing price for Single Family in Los Angeles is $1,674,886.
Similar Listings Nearby
Courtesy of Alta Mira Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.715 E 83 Street
Los Angeles, CA