1008 S Herbert Ave, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This duplex represents a Strong Value Opportunity, listed at $825,000—positioned above the $756,687 Fair Market Value. While the list price exceeds the current estimate, the property features a Condition Rating of 3, boasting modern updates like granite countertops and refreshed kitchens. Its 5,807 sqft lot offers significant potential for an ADU addition to boost cash flow. This asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to leverage house-hacking strategies in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1008 S Herbert Ave Subject | $825,000* List Price | 0 | 0 | 1,626 | $471 | - |
A 4173 Hubbard Street Sold | $685,000 | 0 | 0 | 1,680 | $408 | 0.3 mi |
B 650 S Indiana St Sold | $780,000 | 0 | 0 | 2,035 | $383 | 0.6 mi |
C 1157 Wilkins Sold | $710,900 | 0 | 0 | 1,230 | $578 | 0.5 mi |
D 1052 S Herbert Sold | $720,000 | 0 | 0 | 1,680 | $429 | 0.1 mi |
E 1273 S Alma Active | $795,000 List Price | 0 | 0 | 1,518 | $524 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1933, the property has undergone a comprehensive renovation likely within the last 5-15 years. Interior features include updated laminate and tile flooring, granite countertops, recessed lighting, and newer vinyl windows. The kitchens and bathrooms have been refreshed, making the units functional and move-in ready.
As a duplex in the high-demand Boyle Heights area, this property offers excellent rental income potential or a house-hacking opportunity for owner-occupants looking to offset their mortgage.
The 5,807 square foot lot provides ample space for outdoor amenities or the potential addition of an Accessory Dwelling Unit (ADU) to further increase the property's value and cash flow.
Situated in a historic Los Angeles neighborhood with close proximity to Downtown LA and major freeways, the property ensures long-term desirability and ease of commute for tenants.
Built in 1933, the property likely requires significant updates to major systems such as plumbing, electrical, and roofing to meet modern building codes and tenant expectations.
The current 'Coming Soon' status and lack of detailed interior descriptions create uncertainty regarding the immediate move-in condition and potential deferred maintenance.
Welcome to 1008 S Herbert Ave – a rare opportunity to own two detached homes on one lot! The front home features 3 bedrooms, 1 bathroom, an inviting open-concept living and dining area, updated flooring, granite countertops, and abundant natural light throughout. The detached rear unit offers 1 bedroom and 1 bathroom, creating excellent flexibility for rental income, extended family, guests, or a home office setup. Situated on a spacious lot, the property offers a long gated driveway, covered carport, additional parking, private outdoor space, and separate access to each residence. Conveniently located near schools, shopping, dining, public transportation, and major commuter routes. Whether you’re looking to live in one unit and rent the other or expand your investment portfolio, this versatile duplex is full of potential. Don’t miss this unique Los Angeles income property opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,626 | 2,250 |
| Lot Size | 5,807 | 5,864 |
| Price | $825.0K | $826.7K |
| Price per sq ft | $507 | $395 |
| Built year | 1933 | 1925 |
| HOA | $0 | $0 |
| Days on market | 33 | 83 |
Jun 19, 2026
$825,000
Initial Listing