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10408 Kalmia Street, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

10408 Kalmia Street, Los Angeles, California 90002 home-pic-0
ACTIVE$799,900
10408 Kalmia Street, Los Angeles, California 90002
0Bed
0Bath
1,555Sqft
5,853Lot
Year Built
1930
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$514
HOA
-
Days on market
-
Sold On
-
MLS number
IG25072838
Home ConditionExcellent
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $799.9K(50th), sqft - 1555(25th), beds - undefined(50th), baths - undefined(50th).

Investment opportunity! Rent 1 unit and live in the other! Opportunity in a great location and center of Los Angeles! FULLY REMODELED DUPLEX! The front unit is fully functional and encompasses 2 bedrooms and 1 full bathroom and features an open floor plan with a modern kitchen design and living area. Each unit also has its OWN INDIVIDUAL LAUNDRY ROOM with a rear exit door that leads to backyard. The second unit is a extremely large 1 bedroom 1 bathroom which has ample space for a family! Each unit has its own separate address along with its own gas and electrical meters. Each kitchen in both units were carefully designed with customized cabinetry and quartz countertops, remodeled bathrooms with modern cabinetry and beautiful tile. This duplex has a BRAND NEW RE-ROOF, BRAND NEW WOODEN FENCE and BRAND NEW SOD in the front yard with a NEW IRRIGATION SYSTEM! The large backyard provides amble space to easily park multiple vehicles. This duplex is short commute away from the Sofi Stadium, DTLA, Art District and the Metro Link Stations. Perfect for an extended family or an investor and or buyer in need of immediate cash flow!

Price History

Date
Event
Price
01/31/25
Sold
$486,000
Condition Rating
Excellent
Despite being built in 1930, this duplex has undergone a 'FULLY REMODELED' renovation, as explicitly stated and visually confirmed by the images. Both units feature modern kitchen designs with customized cabinetry, quartz countertops, and new stainless steel appliances. Bathrooms are also remodeled with modern cabinetry and beautiful tile. Significant exterior upgrades include a brand new re-roof, new wooden fence, new sod, and an irrigation system. The flooring, paint, and light fixtures throughout appear new and contemporary. All components are virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' condition criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Income-Generating Duplex: This property is explicitly marketed as an investment opportunity, allowing for owner-occupancy with rental income or full rental for immediate cash flow, supported by separate addresses and utility meters for each unit.
Extensive Recent Remodel & Upgrades: The duplex has been 'FULLY REMODELED' with modern kitchens (custom cabinetry, quartz countertops), remodeled bathrooms, and significant exterior upgrades including a brand new re-roof, new wooden fence, new sod, and an irrigation system, minimizing immediate capital expenditures for a buyer.
Prime Los Angeles Location: Situated in a 'great location and center of Los Angeles,' offering a short commute to major attractions like Sofi Stadium, DTLA, the Art District, and Metro Link Stations, enhancing its rental appeal and potential for appreciation.
Separate Utilities & Laundry: Each unit benefits from its own separate address, gas, and electrical meters, along with individual laundry rooms, providing convenience for tenants and simplified management for the landlord.
Spacious Units & Ample Parking: The property features a 2-bedroom, 1-bathroom front unit and an 'extremely large' 1-bedroom, 1-bathroom second unit, catering to various tenant needs. The large backyard also provides ample space for multiple vehicles.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-01-31. The sold price is $486,000.00.
Age of Structure (Despite Remodel): Built in 1930, while extensively remodeled, the underlying structure and potentially some original systems (e.g., main plumbing lines, foundation) are old, which could lead to unforeseen maintenance issues or higher long-term costs not covered by recent upgrades.
Unit Mix/Layout: The second unit being an 'extremely large 1 bedroom 1 bathroom' might limit its appeal to certain family demographics or command a lower rent compared to a 2-bedroom unit, potentially impacting overall rental income optimization.
Lack of Central Air Conditioning: The property description does not mention any cooling system, which could be a significant drawback for tenant comfort and rental value during Los Angeles' warmer months, especially for a fully remodeled property.

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