1003 Calzona Street, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath
1003 Calzona Street
Los Angeles, California 90023
Property Price
SUMMARY
Analysis of 1003 Calzona Street, Los Angeles, California 90023 is currently available with a list price of $1,399,999. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1931, the property underwent extensive renovations in 2023 across all four units, including new plumbing, electrical systems, mini-split AC/heat units, recessed lighting, and solid wood cabinets. The main house features refinished hardwood floors and updated bathrooms. The images confirm modern, virtually new interiors, kitchens, and bathrooms, aligning with the 'extensively renovated within 5 years' and 'all components new or virtually new' criteria for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Potential
The property is a fully occupied quadruplex generating a total monthly income of $9,050, offering immediate and substantial cash flow for an investor.
- Extensive Recent Renovations
All four units were extensively updated in 2023, including new plumbing, electrical systems, recessed lighting, and mini-split AC/heat units, minimizing immediate capital expenditures for a new owner.
- Enhanced Security Features
The property boasts modern security features such as security cameras, gated access with motion-activated lighting, fencing, and ironwork, providing a secure environment for tenants.
CONSRISKS & DEFICIENCIES
- Age of Property
Despite recent renovations, the property was originally built in 1931, which could imply potential for underlying structural or systemic issues not covered by the 2023 updates, or higher insurance premiums.
- Occupancy Restrictions for Showings
The instruction 'Please do not disturb the occupants' indicates limited access for potential buyers to view all units, which can complicate the showing process and due diligence.
- Significant Price Reductions
The property has seen multiple price reductions from an original list price of $1.6M down to $1.399M, which may suggest initial overpricing or challenges in the market at higher price points.
About 1003 Calzona Street
Welcome to 1003 Calzona Street in the beautiful city of Los Angeles! This fabulous property features four remodeled units, each updated in 2023 with recessed lighting, mini split AC/heat units, new plumbing and electrical systems, security cameras, gated access with motion-activated lighting, fencing and iron work, solid wood cabinets customized for each unit, and mirrored wardrobes. There is a coin-operated laundry area for three of the units, while the main house has its own laundry room. The main house is detached, boasting refinished hardwood floors, handicap accessibility, and includes a formal living room, dining room, nook area, three spacious bedrooms, and bathrooms with a walk-in closet. This stunning property has been restored to preserve its original charm while incorporating modern touches. Rental prices are $3,000 per month for the 3 bedroom, 2 bathroom unit; $2,500 per month for the 2 bedroom, 2 bathroom unit; $1,800 per month for one 1 bedroom, 1 bathroom unit; and $1,750 per month for the other 1 bedroom, 1 bathroom unit. Total Monthly Income $9,050. this Property is fully occupied, Please do not disturb the occupants.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1931
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,549 | 1,802.5 | 83% |
| Lot Size | 5,000 | 5,544 | 33% |
| Price | $1.40M | $687.5K | 92% |
| Price per sq ft | $394 | $384 | 50% |
| Built year | 1931 | 1923 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 178 | 178 | 58% |
Pricing History
Listed for Sale
Jan 23, 2026
$1,399,999
$1,450,000
-3% Price Drop
Initial Listing
Price Change
Oct 10, 2025
$1,450,000
$1,600,000
-9% Price Drop
Initial Listing
Price Change
Sep 9, 2025
$1,600,000
Initial Listing
Sold
Nov 1, 2022
$1,250,000
Public Record
Sold
Jan 22, 2021
$710,000
Public Record