The Flip Potential of 10955 S Spring St Los Angeles, CA is medium.
Current Specs
Multi-Family
2 Units
5 Bed / 4 Bath
2,753 sqft
$133 per sqft
Estimated Value$365,000
Flip Advice
This Los Angeles property offers strong flip potential with RTI plans for a main house (1690 sq ft) and ADU (1063 sq ft) already through entitlement. The current $365K list price (recently reduced by $10K) with fire damage makes it essentially a tear-down, but the strategic location near SoFi Stadium, Hollywood Park, and major freeways creates opportunity.
Leverage the existing RTI plans and consider negotiating a demolition credit. Comp data shows significant value-add potential with various renovation scenarios yielding 14-26% returns. The Broadway-Manchester neighborhood's $720K median listing price provides ample margin. Focus on contemporary finishes to maximize ARV, and consider the dual-income potential from renting the ADU.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Flip Scenarios
Explore renovation scenarios based on recent comps that could increase the value of 10955 S Spring St: