10005 Denver Avenue, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath

10005 Denver Avenue, Los Angeles, California 90044 home-pic-0
ACTIVE$665,000
10005 Denver Avenue, Los Angeles, California 90044
0Bed
0Bath
4,301Sqft
4,301Lot
Year Built
1922
Close
-
List price
$665K
Original List price
$665K
Price/Sqft
$155
HOA
-
Days on market
-
Sold On
-
MLS number
SR25124356
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $665.0K(19th), sqft - 4301(94th), beds - undefined(50th), baths - undefined(50th).

Fantastic opportunity to own income property. Two separate units on one lot on a main street. Unit 1 consists of a 2 bedrooms and 1 bathroom, with a dining and living room area. Unit 2 is a 1 bedrooms, one bath with a bonus room which can be use as a second bedroom. Both units are occupied, close proximity to freeway and transportation. Don't miss out on this incredible opportunity to own a slice of California paradise. Contact us today to make this lot yours and start living the life you've always dreamed of.

Nearby schools

4/10
Charles W. Barrett Elementary School
Public,K-50.3mi
3/10
Ninety-Fifth Street Elementary School
Public,K-50.7mi
5/10
Figueroa Street Elementary School
Public,K-50.7mi
5/10
Woodcrest Elementary School
Public,K-50.9mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,K-60.9mi
4/10
Manchester Avenue Elementary School
Public,1-60.9mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,K1.0mi
5/10
One Hundred Eighteenth Street School
Public,K-51.5mi
3/10
West Athens Elementary School
Public,K-51.5mi
2/10
Bret Harte Preparatory Middle School
Public,6-80.5mi
2/10
Samuel Gompers Middle School
Public,6-81.0mi
2/10
Mary Mcleod Bethune Middle School
Public,6-82.3mi
3/10
John C. Fremont Senior High School
Public,9-121.9mi
9/10
Middle College High School
Public,9-122.5mi

Price History

Date
Event
Price
06/03/25
Listing
$665,000
09/01/11
Sold
$176,000
02/23/98
Sold
$170,000
Condition Rating
Poor

Built in 1922, this property is over 100 years old. The images reveal extremely outdated interiors, particularly the kitchen and bathrooms, which show no evidence of significant renovation in many decades. The kitchen features old, worn cabinets and countertops, while the bathrooms have very old tile and fixtures. Flooring is worn, and heating is via wall units, indicating a lack of central HVAC. The property requires substantial repairs and rehabilitation to bring it to modern living standards, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Income-Generating Property: This property is explicitly marketed as an income opportunity, featuring two separate units (a duplex) on one lot, ideal for investors seeking rental revenue.
Immediate Rental Income: Both units are currently occupied, ensuring immediate rental income for the new owner from day one, minimizing vacancy risk.
Strategic Location & Accessibility: Its close proximity to freeways and public transportation enhances tenant appeal and provides convenient access to various parts of Los Angeles.
Flexible Unit Configurations: The property offers versatile layouts with a 2-bedroom, 1-bathroom unit and a 1-bedroom, 1-bathroom unit with a bonus room that can serve as a second bedroom, accommodating diverse tenant needs.
Land Value in Urban Area: A 4301 sqft lot in Los Angeles represents significant land value, offering potential for future appreciation or possible redevelopment, especially for an income-producing asset.

Cons

Advanced Age of Property: Built in 1922, the property is over 100 years old, indicating a high likelihood of outdated systems (plumbing, electrical, HVAC) and structural components that may require significant capital investment for modernization and repairs.
Potential for Significant Capital Expenditure: The lack of specific mention of recent renovations or upgrades, combined with its age, suggests a buyer should anticipate substantial costs for deferred maintenance, cosmetic improvements, and system overhauls to maximize rental potential and tenant satisfaction.
Main Street Exposure: Being located 'on a main street' can lead to increased noise levels, traffic, and potentially reduced privacy for tenants compared to properties on quieter residential streets.

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