
City Terrace, California 90063
This Modern Luxury Duplex is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,294,662 Fair Market Value by 7%. This valuation gap offers $94,662 in Instant Equity for the buyer. Built in 2018 with an Excellent Condition Rating, the property features designer kitchens, luxury vinyl flooring, and private balconies with greenbelt views. Its turnkey status and proximity to major medical and educational hubs make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1125 Van Pelt Subject | $1,175,000* List Price | 0 | 0 | 3,105 | $386 | - |
A 1163 N Ditman Avenue Active | $1,199,000 List Price | 0 | 0 | 2,653 | $452 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and remains in mint condition. It features modern designer kitchens with quartz countertops and oversized islands, luxury vinyl flooring, contemporary bathrooms, and energy-efficient systems, requiring no maintenance.
Built in 2018, this duplex offers contemporary systems, energy-efficient features, and lower maintenance requirements compared to the aging multi-family inventory typical of East Los Angeles.
Proximity to USC Keck Medical Center, Cal State LA, and Downtown Los Angeles provides a built-in tenant base of medical professionals and students, ensuring high rental demand.
Both units feature a spacious 3-bedroom, 2-bathroom layout with open-concept living and private balconies, making it highly attractive for both premium renters and owner-occupants.
At a $1.2M list price, the property is positioned at the top of the City Terrace market, which may limit immediate cap rate upside for strictly yield-focused investors.
The hilly terrain of City Terrace can present challenges with steep street grades and limited guest parking, which are common logistical drawbacks for the immediate area.
Wow Wow!! Come check out this Modern Luxury Duplex Built in 2018 – Prime City Terrace Investment Opportunity! Welcome to 1125-1127 Van Pelt Avenue, a rare opportunity to own a beautifully constructed duplex built in 2018, offering the perfect combination of modern design, strong investment potential, and exceptional owner-user appeal. Each spacious residence features 3 bedrooms, 2 bathrooms, expansive open-concept living areas, soaring ceilings, abundant natural light, designer kitchens with oversized center islands, quartz countertops, custom cabinetry, and contemporary finishes throughout. Luxury vinyl flooring, recessed lighting, spacious bedrooms, updated bathrooms, and in-unit laundry create comfortable, modern living rarely found in today's multifamily market. Step outside onto private balconies overlooking a peaceful, tree-lined greenbelt, providing a serene setting that feels worlds away while remaining minutes from Downtown Los Angeles, USC Keck Medical Center, Cal State LA, major freeways, shopping, restaurants, and public transportation. Built in 2018, this newer construction offers the benefits buyers are looking for, including modern systems, lower maintenance, energy-efficient construction, and years of worry-free ownership compared to older income properties. Whether you're an investor looking to add a quality asset to your portfolio or an owner-occupant hoping to offset your mortgage with rental income, this turnkey duplex presents an outstanding opportunity in one of East Los Angeles' most convenient locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,105 | 2,182 |
| Lot Size | 6,513 | 5,891.07 |
| Price | $1.18M | $810.0K |
| Price per sq ft | $378 | $465 |
| Built year | 2018 | 1938 |
| HOA | $0 | $0 |
| Days on market | 40 | 44 |
Aug 12, 2026
$1,175,000
$1,200,000
-2% Price Drop
Initial Listing
Jul 31, 2026
$1,200,000
Initial Listing
Jul 2, 2014
$67,000
Public Record