1125 Orme, Los Angeles, California 90023, Los Angeles, 90023 - 7 bed, 4 bath
ACTIVE$780,000
1125 Orme, Los Angeles, California 90023
7Beds
4Baths
1,828Sqft
5,202Lot
Year Built
1921
Close
-
List price
$780K
Original List price
$780K
Price/Sqft
$427
HOA
-
Days on market
-
Sold On
-
MLS number
CV25217029
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $780.0K(77th), sqft - 1828(54th), beds - 7(92th), baths - 4(92th).
Great Duplex In LA in good condition! This beautiful duplex has 3 bedrooms and 2 baths on each separate house. Live in one unit and rent the other one for extra income Both units are tenant occupied, great tenants. They are willing to stay or leave, new owner's choice Call for details
Price History
Date
Event
Price
09/14/25
Listing
$780,000
07/22/10
Sold
$244,000
08/07/02
Sold
$239,000
11/19/01
Sold
$81,000
10/25/99
Sold
$130,000
Condition Rating
Poor
Built in 1921, this property is over 100 years old. While the listing states 'good condition,' the images reveal a kitchen with visibly dated cabinets, countertops, and appliances (likely 30-40+ years old), indicating a lack of recent major renovations. The exterior shows cracked pavement and exposed electrical conduits, suggesting deferred maintenance and aging infrastructure. Given the property's age and the condition of visible key areas, it is highly probable that major systems (plumbing, electrical, HVAC, roof) are very old and will require substantial repairs and rehabilitation in the near future, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Income Generating Asset: The property is a duplex with two separate units, offering the potential for immediate rental income from one unit while living in the other, or renting both for maximum return.
Flexible Occupancy: Both units are tenant-occupied by 'great tenants' who are willing to stay or leave, providing the new owner with the flexibility of immediate income or vacant possession for personal use.
Prime Los Angeles Location: Situated in Los Angeles (Boyle Heights, 90023), a high-demand urban market known for strong rental prospects and potential for long-term property value appreciation.
Good Condition: The property is described as being in 'good condition,' suggesting it is well-maintained and may require less immediate capital expenditure compared to properties needing extensive repairs.
Historical Value Appreciation: The sales history indicates significant long-term value growth, demonstrating a robust investment potential within the Los Angeles real estate market.
Cons
Age of Property: Built in 1921, the property is over a century old, which may imply outdated systems (plumbing, electrical) and potential for higher maintenance costs or the need for significant renovations in the future.
Limited Listing Details: The property description is concise and lacks specific information regarding recent upgrades, parking, or detailed condition reports, requiring further due diligence from potential buyers.
No Described Views: The listing explicitly states 'view: None,' which could be a drawback for buyers seeking properties with scenic outlooks, especially in a city like Los Angeles where views often command a premium.