
Los Angeles, California 91042
This Turnkey Multi-Unit Residence is a High-Potential Investment Opportunity, listed at $925,000—positioned above the $839,965 Fair Market Value. While priced at a premium, the property features a Condition Rating of 2 with a fully refurbished 1+1 basement and LARD1.5 Zoning for future density. Located near top-tier schools like Mountain Avenue Elementary and Crescenta Valley High, it offers a rare "house hack" setup with independent unit access. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking steady rental income and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10143 Mountair Avenue Subject 2 bd · 1 ba · 945 sqft · $889 | $925,000* List Price | 2 | 1 | 945 | $889 | - |
A 7727 Jayseel Street Sold 2 bd · 1 ba · 918 sqft · $866 · 1.0 mi | $795,000 | 2 | 1 | 918 | $866 | 1.0 mi |
B 7118 Valmont Street Sold 2 bd · 2 ba · 918 sqft · $866 · 0.4 mi | $795,000 | 2 | 2 | 918 | $866 | 0.4 mi |
C 10166 Silverton Avenue Sold 2 bd · 1 ba · 1,088 sqft · $795 · 0.5 mi | $865,000 | 2 | 1 | 1,088 | $795 | 0.5 mi |
D 10634 Fitzroy Avenue Active 3 bd · 2 ba · 1,167 sqft · $685 · 0.7 mi | $799,900 List Price | 3 | 2 | 1,167 | $685 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1927, the property is described as 'completely refurbished' for both the main 2+1 residence and the 1+1 basement. The exterior photo confirms a newer roof, updated windows, and a modern front door, suggesting a comprehensive renovation within the last 5 years that likely includes updated kitchens, bathrooms, and mechanical systems.
Elementary School: Mountain Avenue Elementary School (9/10). Middle School: Rosemont Middle School (9/10). High School: Crescenta Valley High School (9/10).
The property features a completely refurbished 1+1 basement with its own private entrance, offering immediate rental income or a perfect setup for multi-generational living.
Zoned LARD1.5 on a 5,504 sqft lot, the property provides significant future value through potential density increases, allowing for additional dwelling units.
Both units are currently occupied by tenants, which may present challenges for buyers seeking immediate possession or those looking to set market-rate rents.
With the main house measuring only 945 square feet, the primary living quarters may feel restrictive for families requiring larger common areas or storage.
Completely refurbished 2+1 house which is 950 square feet, with a same size 1+1 basement which is also completely refurbished. The main house opens on Mountair Avenue and stairs on the rear of the house takes you to the basement and the spacious back yard. Property is zoned LARD1.5 which allows for one dwelling unit for every1500 square feet of lot area.The house is set up as a perfect 'IN-LAW BASEMENT' with the basement having its own entrance and independence from the main house upstairs.The house and the basement are both currently tenant occupied.IMPORTANT NOTE: SELLER PREFERS TO SELL BOTH ADJACENT PROPERTIES DESIGNATED AS 10143 AND 10145 MOUNTAIR AVENUE, FOR A LOWER PRICE OF $1,790,000. GREAT OPPORTUNITY FOR A LARGE FAMILY TO LIVE THERE AND COLLECT STEADY RENT FROM THE UNITS ON THE ADJACENT PROPERTY. SELLER VERY MOTIVATED. BRING ALL OFFERS.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 945 | 1,670.836 |
| Lot Size | 5,504 | 6,152.156 |
| Price | $925.0K | $1.34M |
| Price per sq ft | $979 | $807 |
| Built year | 1927 | 1941 |
| HOA | $0 | $238 |
| Days on market | 15 | 56 |
Oct 25, 2026
$925,000
Initial Listing
May 1, 2019
$600,000
Public Record
Dec 14, 2018
$410,000
Public Record