1010 N Alexandria Avenue, Los Angeles, California 90029, Los Angeles, 90029 - 4 bed, 2 bath
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Los Angeles, California 90029
This duplex presents a Prime Investment Opportunity with a List Price of $1,050,000—positioned well below the $1,077,371 Fair Market Value by 2%. This valuation gap offers $27,371 in Instant Equity. Featuring a Condition Rating of 4, the property requires modernization of aging systems, yet offers significant Dual-Income Potential with its two 2-bedroom units and rare 4-car parking. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1010 N Alexandria Avenue Subject | $1,050,000* List Price | 4 | 2 | 1,857 | $580 | - |
A 1251 N Commonwealth Pending | $1,169,000 List Price | 4 | 3 | 1,750 | $668 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937, the property shows signs of aging with dated systems such as wall heaters and window AC units. While some cosmetic updates like laminate flooring and recessed lighting are present, they appear to be over 15-20 years old. The presence of heavily stained carpeting and older kitchen cabinetry indicates the home needs minor repairs and modernization to be considered move-in ready by modern standards.
This duplex features two well-designed 2-bedroom, 1-bathroom residences, offering a versatile opportunity for investors seeking rental income or owner-occupiers looking to offset their mortgage.
Rare for this central urban area, the property provides four uncovered parking spaces and a detached garage, offering significant convenience and flexible storage options.
Situated in a highly convenient Hollywood-adjacent neighborhood, the property offers immediate access to major freeways, public transportation, and a vibrant array of dining and entertainment.
Built in 1937, the property may require ongoing maintenance or capital improvements to modernize aging systems and meet contemporary energy efficiency standards.
Several of the closest assigned public schools have lower performance ratings, which could be a drawback for families prioritizing high-ranking educational facilities.
Exceptional duplex located in the heart of Los Angeles, offering two well-designed residences, each featuring 2 bedrooms and 1 bathroom, with a combined living area of approximately 1,857 square feet. Both units offer spacious living rooms filled with natural light, functional kitchens with ample cabinetry and generous counter space, comfortable bedrooms, and well-appointed bathrooms. Each unit also includes its own private laundry room for added everyday convenience. The long driveway provides 4 uncovered parking spaces. The property also features a generous outdoor area with a detached garage, offering additional storage and flexible use. Conveniently situated near shopping, dining, entertainment, public transportation, parks, and major freeways, this property combines comfort, functionality, and an unbeatable central location. A wonderful opportunity to own a versatile property in one of Los Angeles' most convenient neighborhoods.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,857 | 2,250 |
| Lot Size | 5,058 | 5,864 |
| Price | $1.05M | $826.7K |
| Price per sq ft | $565 | $395 |
| Built year | 1937 | 1925 |
| HOA | $0 | $0 |
| Days on market | 8 | 83 |
Jul 14, 2026
$1,050,000
Initial Listing