
Los Angeles, California 90059
This Dual-Unit Residential Income Property presents a High-Potential Investment Opportunity with a List Price of $1,049,000—positioned well below the $1,063,396 Fair Market Value by 1%. This valuation gap offers $14,396 in Instant Equity. The asset features a permitted 2020-built second home alongside a classic residence with a new 2025 roof, maintaining a solid Condition Score of 3. With separate utility meters and access to the 9/10 rated Compton Early College High, the property ensures strong rental appeal. It is an ideal match for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10703 Anzac Subject | $990,000* List Price | 0 | 0 | 2,448 | $378 | - |
A 10807 Compton Avenue Sold | $750,000 | 5 | 3 | 2,122 | $353 | 0.5 mi |
B 1419 E 111th Sold | $820,000 | 0 | 0 | 2,659 | $308 | 0.7 mi |
C 10830 Hickory Sold | $1,050,000 | 0 | 0 | 2,600 | $404 | 0.2 mi |
D 10929 Compton Avenue Active Under Contract | $795,000 List Price | 0 | 0 | 2,480 | $321 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property consists of two units: a permitted second home built in 2020 which offers modern construction and systems, and a main 1948 residence that features a brand-new roof (replaced in late 2025) and recent exterior paint. While the main house is described as needing minor interior TLC, the overall property is well-maintained with major systems within their functional lifespan and a high-quality modern secondary structure.
High School: Compton Early College High (9/10).
The property features two independent, permitted homes with separate addresses, providing an exceptional opportunity for rental income or multi-generational living.
The second home is a 2020 build with modern construction and a contemporary layout, offering move-in ready condition and lower immediate maintenance costs.
The original 1948 residence requires interior 'TLC' and updates to reach its full potential, which will necessitate additional capital investment from the buyer.
The property does not include a garage, which may be a drawback for residents seeking protected vehicle storage or additional enclosed workspace.
DUAL-HOME OPPORTUNITY | LIVE IN ONE & RENT THE OTHER! Discover this exceptional residential income property located in a high-demand South LA market near the historic Watts Towers. Featuring two entirely detached homes on a single lot with separate addresses and individual gas/electric meters, this setup is perfect for multi-generational living, a savvy homeowner looking to offset their mortgage, or a 1031-exchange investor. The Front Home (10703 Anzac Ave): A spacious and beautifully upgraded 3-bedroom, 2-bathroom configuration. Enjoy immediate peace of mind with a brand-new roof installed in November 2025 and fresh exterior paint. The Rear Home (1940 E 107th St): Fully permitted, modern 3-bedroom, 2-bathroom detached home constructed in 2020 with its own Certificate of Occupancy. Designed with a contemporary layout, this turn-key space offers immediate flexibility. Premium Features: Fully enclosed front security fence for optimal privacy. Generous driveway accommodating multiple vehicles within the gated perimeter. Exceptional transit-oriented location close to the Metro A Line with rapid access to the 105 and 110 freeways. FINANCING REGION: This property is located in a specialized census tract that qualifies for community lending purchase programs through City National Bank. Please see the uploaded MLS Supplements/Documents for the official program flyer details or contact the listing agent. Note: Buyers are under no obligation to use any specific lender and are completely free to choose any financing source. Don't miss this low-maintenance, high-potential property. Schedule your tour today!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,448 | 2,250 |
| Lot Size | 6,506 | 5,864 |
| Price | $990.0K | $826.7K |
| Price per sq ft | $404 | $395 |
| Built year | 1948 | 1925 |
| HOA | $0 | $0 |
| Days on market | 107 | 83 |
May 13, 2026
$990,000
$1,049,000
-6% Price Drop
Initial Listing
Apr 6, 2026
$1,049,000
Initial Listing
Apr 4, 2011
$120,000
Public Record
Sep 13, 2006
$450,000
Public Record