
Los Angeles, California 90023
This High-Potential Investment Opportunity is listed at a List Price of $850,000, which is positioned above the $712,072 Fair Market Value. Despite the premium, the property offers a Strong Value Opportunity due to its Mint Condition Rating and extensive, "like-new" renovations. Featuring a main residence, a separate rear dwelling, and a finished basement, this asset provides exceptional versatility for rental income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, multigenerational living solution in Los Angeles.
Property is new construction or fully renovated.
The property has undergone an extensive, full-scale remodel and substantial rebuild, effectively creating a 'nearly brand-new' home. It features a new HVAC system, new windows, and modern, updated kitchen and bathrooms, meeting the criteria for a recent renovation (<5 years) in mint condition.
The property features a main residence, a separate rear dwelling, and a finished basement, providing exceptional versatility for rental income or multigenerational living.
Extensively remodeled with new windows, updated kitchens/baths, and new AC systems, offering a turnkey, 'like-new' experience for the buyer.
The 6,302 square foot lot offers significant space for the multiple dwellings and outdoor utility, a rare find for this property type in the area.
The property was recently sold within the past year on 2026-03-23. The sold price is $425,000.00.
At only 888 square feet for a 3-bedroom, 2-bathroom layout, the primary living spaces may feel significantly constrained or compact.
Despite the modern updates, the 1913 original build date may present long-term maintenance considerations typical of older Los Angeles properties.
Fully reimagined and extensively remodeled, this exceptional Commerce-adjacent property offers outstanding flexibility for multigenerational living, an extended family, or a live-and-rent investment opportunity. Much of the property has been substantially rebuilt and thoughtfully upgraded, creating the appeal and feel of a nearly brand-new home. The front residence is a beautifully appointed 3-bedroom, 2-bath home featuring new windows, a remodeled kitchen, updated bathrooms, and a new dedicated air-conditioning system. A separate rear single dwelling also benefits from its own new AC system, offering privacy and versatility for family, guests, or rental income. Adding even more usable space, the finished basement has been converted into additional living area. Whether you choose to occupy the main home and rent the additional spaces, accommodate multiple generations under one property, or create a flexible family compound, this turnkey property delivers rare options and tremendous value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 888 | 1,664.159 |
| Lot Size | 6,302 | 6,066.556 |
| Price | $850.0K | $1.35M |
| Price per sq ft | $957 | $806 |
| Built year | 1913 | 1939 |
| HOA | $0 | $278 |
| Days on market | 60 | 55 |
Jul 11, 2026
$850,000
Initial Listing
Mar 23, 2026
$425,000
Public Record