
Los Angeles, California 90035
This Residential Income Duplex presents a Strong Value Opportunity, listed at $1,750,000—positioned well below the $1,950,458 Fair Market Value by 10%. This valuation gap offers $200,458 in Instant Equity. With a Fair Condition Rating, the property features 4,106 sqft of living space and is delivered vacant, allowing for immediate rental or occupancy. Located near top-rated schools like Beverly Vista, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset in a prime Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1054 S Corning Subject 0 bd · 0 ba · 4,106 sqft · $475 | $1,750,000* List Price | 0 | 0 | 4,106 | $475 | - |
A 1026 S Crescent Heights Sold 6 bd · 4 ba · 4,007 sqft · $498 · 0.4 mi | $1,995,000 | 6 | 4 | 4,007 | $498 | 0.4 mi |
B 1026 S Crescent Heights Sold 0 bd · 0 ba · 4,007 sqft · $498 · 0.4 mi | $1,995,000 | 0 | 0 | 4,007 | $498 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937, this duplex is functional but dated. While it features some modern additions like mini-split HVAC units and newer kitchen cabinetry, the tile countertops, older bathroom fixtures, and popcorn ceilings suggest the last significant updates were over 20 years ago, placing it in the fair category needing cosmetic and minor system refreshes.
Both units will be delivered vacant at closing, a significant advantage in Los Angeles that allows for immediate owner-occupancy or the ability to set market-rate rents without tenant relocation issues.
Situated in the highly desirable Pico-Robertson neighborhood and adjacent to Beverly Hills, the property offers exceptional walkability to high-end shopping, dining, and major Westside employment hubs.
Spanning over 4,100 square feet, the oversized 3-bedroom units feature bonus rooms and private two-car garages, providing the scale and functionality of single-family homes.
Built in 1937, the property likely requires capital investment to modernize aging systems and cosmetic finishes to meet the expectations of luxury-tier tenants or buyers.
With a large building footprint on a 5,788 square foot lot, there is minimal yard or green space, which may be a drawback for residents seeking private outdoor recreation areas.
1054–1056 S. Corning St. | Los Angeles, CA 90035 A charming Beverly Hills-adjacent duplex with room to spread out in a prime location west of La Cienega. Both units will be delivered without tenants, offering the opportunity to live in one and rent out the other or keep both as an investment. Spanning approximately 4,100 square feet, this two-story property features two spacious residences, each with three bedrooms, two bathrooms, a living room, a dining room, a bonus room, and a decorative fireplace. The upstairs-downstairs layout gives each home a sense of privacy, and each has its own two-car garage. A beautiful balcony adds to the appeal of the upstairs residence. Set in the desirable Pico-Robertson neighborhood, the property is close to shopping, restaurants, Beverly Hills, and West Hollywood. With generous space, classic charm, and both homes available at closing, it’s a wonderful opportunity to make the property your own. The adjacent property may also be available.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 4,106 | 2,090.331 |
| Lot Size | 5,788 | 5,852.908 |
| Price | $1.75M | $830.9K |
| Price per sq ft | $426 | $394 |
| Built year | 1937 | 1928 |
| HOA | $0 | $0 |
| Days on market | 24 | 87 |
Oct 16, 2026
$1,750,000
Initial Listing