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9500 S Spring St, Los Angeles, CA 90003

Sale Price: $550,000
Jan 27, 20251,321 sqft4 beds2 baths
Listed by: Steve Aranda
License #: 01435884
Phone #: 323-868-6242
Altadena Real Estate Company
Source:
CRMLS Logo
MLS #: PF25017528

Property Description

Fixer WITH approved plans RTI! This centrally located duplex will be delivered FULLY VACANT, and offers two freestanding houses on a street to street lot, as well as a separate garage with attached workshop. Both units have 2 beds/ 1 bath and the garage and workshop can be converted to a spacious ADU. There is plenty of off street parking for three rentals, and the possibility of generating huge monthly income either with the updated section 8 rent schedules or with market rate rents. Multiple development strategies exist for this exciting fixer which is zoned R-2 and is close to public transit. No blind offers. Sellers to make no repairs or concessions of any kind. Cash or hard money offers only.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,320

TurboHome Estimated Value

$493,000

$373 sqft

High Valuation
$517,650
$392/sqft
Normal Valuation
$493,000
$373/sqft
Low Valuation
$468,350
$355/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$373/sqft$493,000

Neighborhood: Southeast Los Angeles

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Comparative Value

$498K

$550K

$640K

$650K

$675K

$675K

9500 S Spring St, Los Angeles, CA 90003

List Price: $498,000

Subject Property

9500 S Spring St, Los Angeles, CA 90003

Sale Price: $550,000

Selected Comparable

116 E 92nd St, Los Angeles, CA 90003

Sale Price: $640,000

Selected Comparable

9810 Towne Ave, Los Angeles, CA 90003

Sale Price: $650,000

Selected Comparable

138 E Century Blvd, Los Angeles, CA 90003

Sale Price: $675,000

Selected Comparable

121 W 88th Pl, Los Angeles, CA 90003

Sale Price: $675,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
9500 S Spring St, Los Angeles, CA 90003

9500 S Spring St, Los Angeles, CA 90003

List: $498,000

Listed: 1/27/2025

Area:1,321 sqft
Price/sqft:$377
Beds:4
Baths:2
Year Built:
Lot Size:5,520

Comparable Properties

COMPARABLE
Choose comps
9500 S Spring St, Los Angeles, CA 90003

9500 S Spring St, Los Angeles, CA 90003

Sale: $550,000

2/20/20250.00 mi

Area:1,321 sqft
Price/sqft:$416
Beds:4
Baths:2
Year Built:
Weight:22.8%
138 E Century Blvd, Los Angeles, CA 90003

138 E Century Blvd, Los Angeles, CA 90003

Sale: $675,000

4/22/20250.40 mi

Area:1,375 sqft
Price/sqft:$491
Beds:4
Baths:2
Year Built:
Weight:21.7%
116 E 92nd St, Los Angeles, CA 90003

116 E 92nd St, Los Angeles, CA 90003

Sale: $640,000

10/30/20240.25 mi

Area:1,082 sqft
Price/sqft:$591
Beds:4
Baths:2
Year Built:
Weight:18.6%
121 W 88th Pl, Los Angeles, CA 90003

121 W 88th Pl, Los Angeles, CA 90003

Sale: $675,000

9/9/20240.46 mi

Area:1,137 sqft
Price/sqft:$594
Beds:4
Baths:2
Year Built:
Weight:18.5%
9810 Towne Ave, Los Angeles, CA 90003

9810 Towne Ave, Los Angeles, CA 90003

Sale: $650,000

1/2/20250.57 mi

Area:1,075 sqft
Price/sqft:$605
Beds:4
Baths:2
Year Built:
Weight:18.3%

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