1919 craftsman diamond in the rough in hancock park. Foundation in good shape (recently inspected) and new looking roof. No updates in many many years but all systems operate/function. The owner was sellers elderly mother who lived there many years and passed away (not on site)
THE RIGHT INVESTOR CAN KNOCK THIS OUT OF THE PARK – because:
-House Has huge attic begging to be finished out, see video number 2. This could be permitted as an upstairs primary and add at least 3-400 sf to the house, and an extra bedroom.
-House has basement and wine cellar, also not listed in the square feet
-has real old time craftsman charm , hardwood floors, lots of moldings and built jns and is the type of stuff people love
–COMPS IN GOOD SHAPE ALL GO FOR $1100/sf sometimes alot more
-This one is a gem- a homerun waiting to happen for the person willing to do the work
COMPS HERE:
375 N Ridgewood Pl, Los Angeles, CA 90004 | Zillow
4/4/2944 / $1096/sf
This one was done to the 9s But it is north of Beverly which is arguably NOT as good of a hood.

246 N Ridgewood
https://www.themls.com/Share/YWFnY2NjYmZp
3/2/1558 / $1091/sf
This one was done done up quite nicely with retro kitchen etc.
111 N Ridgewood
3/4/2325sf / $1333/sf
This one was done up well also, and has a pool, and a larger lot than 201. It has an extra ADU type space to, and is to the South. But, it doesn’t seem to have all that much charm as 201 could have if it was done up.

354 n ridgewood
5/5/2796 sf. $1090/sf
This one is also very well done but also one could argue, lacks the old timey charm of 201, and sort of has mcmansion vibes almost.