These folks know exactly what they have: "Investors dream!" the listing copy proclaims. This Ladera Heights fixer-upper from the 1950s certainly does have some potential. Sited on a corner lot measuring about 9,500 square feet, the 2,463-square-foot house has a slightly sunken living room, a formal dining room, clerestory windows in the front room, and a lot of retro muted pink tile in the kitchen. All that potential is tempered by the amount of repair this three-bedroom, two-and-a-half-bathroom residence likely needs. Even the backyard needs work; unlandscaped, it's currently populated only by a patio that looks like the next round of Santa Anas could effectively take it out. The 1955 house is asking $875,000.