1024 Figueroa Terrace, Los Angeles, California 90012, Los Angeles, 90012 - 4 bed, 2 bath
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1024 Figueroa Terrace
Los Angeles, California 90012
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,801Sq Ft
3,552Lot Size
Property Price
LIST PRICE$1,200,000
SUMMARY
Analysis of 1024 Figueroa Terrace, Los Angeles, California 90012 is currently available with a list price of $1,200,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
While the property features a new electrical panel and new windows, the kitchen and interior finishes are dated (likely 20-30+ years old) with older oak cabinets and tile countertops. The 1914 structure is well-maintained but requires cosmetic modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Investment Location
Situated on a rare corner lot near Dodger Stadium and Downtown Los Angeles, this duplex offers high rental demand and excellent appreciation potential in a sought-after urban pocket.
- Iconic Skyline Views
The property provides picturesque views of the Downtown Los Angeles skyline, a premium feature that significantly enhances both tenant appeal and long-term resale value.
- Key Infrastructure Upgrades
Recent improvements including new windows and an updated electrical panel provide immediate value and reduce near-term capital expenditures for this classic 1914 structure.
CONSRISKS & DEFICIENCIES
- Historic Maintenance Requirements
Built in 1914, the property may necessitate ongoing specialized upkeep and further modernization of vintage systems typical of century-old homes.
- Limited Outdoor Space
With a lot size of 3,552 square feet, the property offers constrained outdoor living areas and limited potential for future footprint expansion or ADU additions.
About 1024 Figueroa Terrace
Calling all Dodgers fans, to this rare corner lot Duplex located near Stadium Way. Each unit is classically designed featuring two bedrooms and a full bath, new windows, hardwood floors throughout, and individual single car garages. The property provides picturesque views of Downtown Los Angeles. Perfect for an investor or as an owner-occupied rental. Highlights: · Close to Dodger Stadium, Eastside Deli, and Downtown Los Angeles 1024 Figueroa · Hardwood Floors · New Windows · New Electrical Panel · Detached Single-Car Garage · Kitchen · Dining Room · Laundry Units · Original Murphy Bed 1026 Figueroa · Hardwood Floors · New Windows · Two Detached Single-Car Garages · Kitchen · Dining Room · Laundry Units
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1914
- Lot Size
- 3,552 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Castelar Street Elementary School
Grades K-5 • 0.5 mi
6/10
Betty Plasencia Elementary School
Grades K-6 • 0.6 mi
4/10
Solano Avenue Elementary School
Grades K-6 • 0.9 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,801 | 2,187.451 |
| Lot Size | 3,552 | 5,841.385 |
| Price | $1.20M | $841.5K |
| Price per sq ft | $666 | $385 |
| Built year | 1914 | 1928 |
| HOA | $0 | $0 |
| Days on market | 37 | 85 |
Pricing History
Listed for Sale
Aug 3, 2026
$1,200,000
Initial Listing