10406 Avalon Boulevard, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Modern Residential Income Duplex represents a Strong Value Opportunity with a List Price of $675,000—positioned well below the $726,369 Fair Market Value by 7%. This valuation gap provides $51,369 in Instant Equity for the incoming buyer. Built in 2004, the property maintains a Fair Condition Rating and offers significant upside through cosmetic modernization and Accessory Dwelling Unit (ADU) potential in the deep rear yard. Its dual 3-bedroom configuration near major Los Angeles employment hubs ensures consistent rental demand. This is an ideal acquisition for Owner-Occupants seeking a high-yield house-hack or Buy-and-Hold Investors targeting newer, low-maintenance assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10406 Avalon Boulevard Subject | $675,000* List Price | 0 | 0 | 2,160 | $336 | - |
A 127 E 95th Street Sold | $820,000 | 0 | 0 | 2,304 | $356 | 0.8 mi |
B 10016 S San Pedro Street Sold | $710,000 | 0 | 0 | 2,178 | $326 | 0.3 mi |
C 10406 Avalon Boulevard Active | $675,000 List Price | 0 | 0 | 2,160 | $313 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, this property is 22 years old, placing it in the 'fair' category according to the criteria. While the upper unit has been partially refreshed with updated kitchen cabinets, counters, and newer vinyl flooring, the lower unit appears to retain original oak cabinetry and shows more significant wear and tear. The property is well-maintained overall with functional systems and new water heaters, but it remains aged with some outdated components and a low bathroom-to-bedroom ratio that would benefit from further modernization.
Built in 2004, this property is significantly newer than the surrounding housing stock, offering modern building standards and potential exemptions or advantages regarding certain Los Angeles rent control regulations.
The building's forward placement on the lot creates a deep rear yard, providing a prime opportunity for the construction of an Accessory Dwelling Unit (ADU) or additional parking to increase total yield.
The duplex features two spacious 3-bedroom units with separate utility meters, a configuration that is highly sought after by families and ensures lower owner-paid utility expenses.
Each 3-bedroom unit contains only one bathroom, which may be a competitive disadvantage for larger households and could limit the maximum achievable market rent.
With a total lot size of 3,000 square feet, the footprint for significant horizontal expansion or extensive outdoor amenities is relatively constrained compared to larger residential parcels.
Investor or owner-user duplex built in 2004 with two 3-bedroom units, separate utilities, and upside in rental income. Nearly identical upper and lower units, each with 3 bedrooms, 1 bath, and in-unit stack laundry space. Separate gas and electric meters and new individual water heaters for each unit. — UNIT FEATURES: Upper unit includes updated kitchen cabinets, sink, and counters, along with newer vinyl flooring in the hallways and bedrooms. Lower unit has a side exit and an additional closet. — INCOME POTENTIAL: Market rents for similar units may be higher; buyer to independently verify all rental estimates and operating assumptions. — LOT & EXPANSION: Building is positioned toward the front of the lot, leaving a deep rear yard with ample space for additional parking and potential expansion. Lot layout may allow additional improvements or expanded living area; buyer to investigate feasibility with the City. — REGULATORY CONTEXT: Property built in 2004. Newer construction relative to many area properties and may offer advantages regarding rent control regulations, and potential for expansion of living space compared to older properties. Buyer to investigate and verify applicability of all Los Angeles City laws, regulations, and tenant protection requirements to their own satisfaction. — LOCATION & DEMAND: Convenient access to the 105 and 110 freeways, Metro rail and transit corridors, and major employment centers throughout Los Angeles supports consistent rental demand. Located near SoFi Stadium, Intuit Dome, USC, BMO Stadium, Crypto.com Arena, LAX, and Downtown Los Angeles, providing access to major job centers, entertainment venues, and transportation hubs. — VALUE ADD: Upgrades would improve overall condition and may enhance value and rental potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,160 | 1,907 | 53% |
| Lot Size | 3,000 | 5,170 | 4% |
| Price | $675.0K | $760.0K | 29% |
| Price per sq ft | $312 | $360 | 31% |
| Built year | 2004 | 1930 | 73% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 191 | 2% |
Apr 7, 2026
$675,000
Initial Listing
Aug 16, 2013
$220,000
Public Record
Mar 30, 2006
$495,000
Public Record
Mar 21, 2005
$395,000
Public Record
Nov 24, 2003
$299,000
Public Record
Jan 7, 2002
$35,000
Public Record