1006 S Concord, Los Angeles, California 90023, Los Angeles, 90023 - 6 bed, 4 bath
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Los Angeles, California 90023
This Value-Add Residential Income Duplex is listed at $700,000, representing a strategic acquisition in a high-demand urban pocket. While the list price exceeds the $612,086 Fair Market Value, the property’s 1994 Modern Construction and competitive price-per-square-foot offer a superior foundation compared to older area stock. Currently holding a Condition Rating of 5, the asset requires a full rehab to address structural porch issues and deferred maintenance. Located in the Los Angeles Unified School District, this 6-bedroom layout provides massive rental upside for Fix-and-Flip Investors or Buy-and-Hold Investors looking to force appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1006 S Concord Subject | $700,000* List Price | 6 | 4 | 2,607 | $235 | - |
A 3752 E 6th Sold | $845,000 | 0 | 0 | 2,624 | $322 | 0.8 mi |
B 926 Spence Active | $899,000 List Price | 5 | 5 | 2,995 | $300 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
At 30 years old, the property shows significant deferred maintenance. The exterior exhibits weathered stucco and a dilapidated front porch structure that appears structurally compromised, suggesting safety issues and a need for a full rehab.
As a spacious 6-bedroom, 4-bathroom duplex, this property offers significant rental income opportunities or a flexible 'house-hacking' arrangement for owner-occupants.
Built in 1994, the structure is considerably newer than the typical housing stock in the 90023 zip code, likely resulting in more modern systems and fewer age-related maintenance issues.
With a list price of $700,000 for over 2,600 square feet, the property offers an attractive price-per-square-foot ratio for the Los Angeles residential income market.
The high bedroom count suggests high-occupancy units, which typically require more intensive property management and result in higher wear and tear over time.
Located in a high-density neighborhood, the property may face common urban challenges such as limited street parking for tenants and a lack of secluded outdoor space.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 0.0 | 88% |
| Baths | 4.0 | 0.0 | 88% |
| Square foot | 2,607 | 1,719 | 81% |
| Lot Size | 6,051 | 5,592.5 | 63% |
| Price | $700.0K | $735.0K | 38% |
| Price per sq ft | $269 | $409 | 13% |
| Built year | 1994 | 1923 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 130 | 6% |
May 2, 2026
$700,000
Initial Listing
Jan 19, 2006
$525,000
Public Record
Mar 28, 1997
$184,000
Public Record
Aug 29, 1994
$195,000
Public Record