1067 S Rowan, Los Angeles, California 90023, Los Angeles, 90023 - 4 bed, 2 bath
ACTIVE$500,000$1,758/sqft
1067 S Rowan, Los Angeles, California 90023
4Beds
2Baths
1,758Sqft
5,983Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a versatile duplex with two 2-bedroom, 1-bathroom units, offering significant income potential for 'house-hacking' or traditional rental, effectively offsetting mortgage costs.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Compared to the nearby listings
Price:$500.0K vs avg $620.0K ($-120,000)8%
Size:1,758 sqft vs avg 1,702 sqft54%
Price/sqft:$284 vs avg $35131%
More Insights
Built in 1923 (103 years old).
Condition: Built in 1923, this property is over 100 years old and shows significant signs of age and deferred maintenance. The kitchen features very old cabinets, appliances, and severely damaged flooring, requiring a complete overhaul. The bathroom is equally outdated with old fixtures, basic vanity, and worn tiles. Throughout the home, flooring is worn vinyl/linoleum, walls have peeling paint, and light fixtures are basic and old. While the description mentions 'solid bones,' the visible condition of all major interior components and finishes indicates a need for substantial repairs and rehabilitation, including likely updates to major systems (plumbing, electrical) to meet modern standards, aligning with a 'poor' condition.
Year Built
1923
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$284
HOA
-
Days on market
-
Sold On
-
MLS number
CV26013001
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Discover the perfect entry into the Los Angeles market with this versatile East LA duplex. Both units feature a highly desirable 2-bedroom, 1-bathroom layout, offering the ideal footprint for comfortable living. This property is a dream for first-time buyers looking to "house-hack"—live in one unit and let the tenant’s rent significantly offset your mortgage! While the home needs some cosmetic TLC, its solid bones and classic character provide a canvas to build instant equity. Highlights include a private yard, detached storage, and a prime location near Whittier Blvd. Bring your tool belt, your vision, and come by to take a look at the possibilities.
J
John Fontamillas
Listing Agent
Condition Rating
Poor
Built in 1923, this property is over 100 years old and shows significant signs of age and deferred maintenance. The kitchen features very old cabinets, appliances, and severely damaged flooring, requiring a complete overhaul. The bathroom is equally outdated with old fixtures, basic vanity, and worn tiles. Throughout the home, flooring is worn vinyl/linoleum, walls have peeling paint, and light fixtures are basic and old. While the description mentions 'solid bones,' the visible condition of all major interior components and finishes indicates a need for substantial repairs and rehabilitation, including likely updates to major systems (plumbing, electrical) to meet modern standards, aligning with a 'poor' condition.
Pros & Cons
Pros
Income-Generating Duplex: The property is a versatile duplex with two 2-bedroom, 1-bathroom units, offering significant income potential for 'house-hacking' or traditional rental, effectively offsetting mortgage costs.
Strategic Los Angeles Location: Located in East LA (Boyle Heights), this property provides an accessible entry point into the highly desirable and appreciating Los Angeles real estate market.
Significant Value-Add Opportunity: Described with 'solid bones' and 'classic character,' it presents a clear opportunity for buyers to build instant equity through cosmetic improvements and renovations.
Desirable Unit Configuration: Both units feature a highly sought-after 2-bedroom, 1-bathroom layout, appealing to a broad tenant base or owner-occupants seeking comfortable living spaces.
Practical Outdoor & Storage Space: The property includes a private yard and detached storage, adding valuable amenities and utility for residents.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Extensive Cosmetic Renovation Required: The description explicitly states the home 'needs some cosmetic TLC' and requires a buyer with a 'tool belt' and 'vision,' indicating substantial renovation work is necessary.
Age of Property (1923): Built in 1923, the property is over a century old, which may imply potential for outdated systems (plumbing, electrical) and age-related maintenance issues.
Potential for High Capital Investment: While offering equity potential, the required 'TLC' suggests that a significant additional capital investment will be needed for modernization and bringing the property to its full market potential.