Single-Family for sale in Southern California — $689,000. 3 beds · 2 baths · 1,296 sqft. Rare investment and development opportunity in the highly desirable 90031 Los Angeles area. The existing 1,296 square foot home is a fixer and offers the chance to renovate, expand, or redevelop to suit your vision. W…
$689,000
4124 Mercury Avenue, Los Angeles, CA 90031
Rare investment and development opportunity in the highly desirable 90031 Los Angeles area. The existing 1,296 square foot home is a fixer and offers the chance to renovate, expand, or redevelop to suit your vision. With generous lot size and dual parcels, the possibilities are plentiful—whether exploring redevelopment, or creating a custom project (buyer to verify all development options with the city). This property presents exceptional potential for developers, investors, or flippers looking to maximize value in a rapidly evolving neighborhood. Conveniently located near major freeways, DTLA, and local amenities, this is a prime opportunity to capitalize on strong demand and ongoing growth in the area. Opportunities with this much land and upside potential are increasingly rare—bring your contractor, architect, and imagination.
Listing updated: June 24, 2026 at 12:58 PM
Listed by: Dennis Chernov, Equity Union
Source: CRMLS, MLS#: SR26088552, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
6/08/2026 Source: CRMLS, #SR26088552 | Price change | $689,000$532/sqft-13.8% |
| 4/24/2026Source: CRMLS, #SR26088552 | Listed for sale | $799,000$617/sqft |
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