Welcome to 1316 Allesandro St, a beautifully updated property offering exceptional value in today’s market. With a projected value of approximately $1.25M, this home is strategically priced at $1,150,000 to reflect its current condition and provide immediate upside for the right buyer. The property has already undergone key updates, creating a solid foundation for your final touches. Featuring a generous lot size for the area, this home offers excellent potential for expansion, outdoor enhancements, or maximizing long-term value. Important Note: The property is currently missing an electrical meter. Estimated cost to install a new meter is approximately $50,000 or less, making this a manageable improvement relative to the built-in equity. This is a cash-only opportunity, ideal for investors, developers, or savvy buyers looking to capitalize on a well-located asset with strong upside potential. Sold As-Is. Don’t miss your chance to secure a property with immediate equity and room to grow in a desirable Los Angeles location.