
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 | $1,049,000* List Price | 0 | 0 | 2,448 | $434 | - |
A 10807 Compton Avenue Sold | $750,000 | 5 | 3 | 2,122 | $353 | 0.5 mi |
B 10830 Hickory Sold | $1,050,000 | 0 | 0 | 2,600 | $404 | 0.2 mi |
C 1317 E 108th Street Sold | $865,000 | 3 | 2 | 1,973 | $438 | 0.8 mi |
D 10929 Compton Avenue Active | $875,000 List Price | 0 | 0 | 2,480 | $353 | 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.
TWO HOMES ON ONE LOT – LIVE IN ONE AND RENT THE OTHER! This is the perfect opportunity for a family looking for extra space or a savvy buyer wanting a property that helps pay the mortgage. Located in a vibrant South Los Angeles community near the historic Watts Towers, this fully gated property features two independent homes with their own separate addresses. The Main Home (10703 Anzac Ave): This classic 3-bedroom, 2-bathroom house is ready for your personal touch! It has great "bones" and just needs a little TLC to make it shine. Best of all, the ROOF WAS REPLACED IN NOVEMBER 2025, and the exterior was recently painted. The Second Home (1940 E 107th St): This is the real "wow" factor! A PERMITTED SECOND HOME BUILT IN 2020 with its own Certificate of Occupancy. It features 3 bedrooms and 2 bathrooms with modern construction. Since it was built so recently, it offers a great modern layout and is currently generating steady rental income. Key Features: Fully Fenced for Security: The entire lot is gated for your privacy and peace of mind. Plenty of Parking: While there is no garage, there is a large driveway with room for multiple cars inside the gate. Separate Meters: Each home has its own electric and gas meter, making it easy to manage. Excellent Commute: Close to the Metro A Line and quick access to the 105 and 110 freeways. This is a rare find—a 2020 build paired with a classic home on a secure lot. Come see the potential for yourself!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,448 | 2,239 | 60% |
| Lot Size | 6,506 | 5,692 | 60% |
| Price | $1.05M | $769.0K | 73% |
| Price per sq ft | $429 | $382 | 60% |
| Built year | 1948 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 195 | 7% |
Apr 6, 2026
$1,049,000
Initial Listing
Apr 4, 2011
$120,000
Public Record
Sep 13, 2006
$450,000
Public Record