1127 Calzona, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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1127 Calzona
Los Angeles, California 90023
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,162Sq Ft
4,996Lot Size
Property Price
LIST PRICE$730,000
EST. MARKET VALUE
$788,206
7% BelowMARKET VALUE
SUMMARY
This triplex represents a Strong Value Opportunity, listed at $730,000—positioned well below the $788,206 Fair Market Value by 7%. This valuation gap offers $58,206 in Instant Equity for the savvy buyer. Featuring a Fair Condition Rating, the property requires cosmetic updates to modernize its 1926 infrastructure. With three 1-bedroom units, it provides immediate rental income potential in a high-demand area. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through strategic house-hacking.
Estimated Market Value
$788,206+$58,206 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1127 Calzona Subject 0 bd · 0 ba · 2,162 sqft · $365 | $730,000* List Price | 0 | 0 | 2,162 | $365 | - |
A 729 S Bernal Sold 6 bd · 3 ba · 2,250 sqft · $360 · 0.7 mi | $811,000 | 6 | 3 | 2,250 | $360 | 0.7 mi |
B 729 S Bernal Sold 0 bd · 0 ba · 2,250 sqft · $360 · 0.7 mi | $811,000 | 0 | 0 | 2,250 | $360 | 0.7 mi |
C 1151 Calzona Street Sold 6 bd · 4 ba · 1,704 sqft · $376 · 0.0 mi | $640,000 | 6 | 4 | 1,704 | $376 | 0.0 mi |
D 830 S Record Avenue Sold 0 bd · 0 ba · 2,184 sqft · $380 · 0.8 mi | $830,000 | 0 | 0 | 2,184 | $380 | 0.8 mi |
E 938 S Eastman Sold 5 bd · 3 ba · 2,075 sqft · $386 · 0.6 mi | $800,000 | 5 | 3 | 2,075 | $386 | 0.6 mi |
F 958 S Concord Sold 5 bd · 4 ba · 2,576 sqft · $338 · 0.6 mi | $870,000 | 5 | 4 | 2,576 | $338 | 0.6 mi |
G 3065 E 6th Sold 0 bd · 0 ba · 1,777 sqft · $366 · 1.0 mi | $650,000 | 0 | 0 | 1,777 | $366 | 1.0 mi |
H 650 S Indiana St Sold 0 bd · 0 ba · 2,035 sqft · $383 · 0.5 mi | $780,000 | 0 | 0 | 2,035 | $383 | 0.5 mi |
I 929 S Lorena Street Active 0 bd · 0 ba · 1,822 sqft · $400 · 0.6 mi | $729,000 List Price | 0 | 0 | 1,822 | $400 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1926 and shows signs of its age, but remains functional. The kitchen features dated vinyl flooring, older tiled countertops, and painted cabinets that appear to be several decades old, indicating a need for cosmetic updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property features three separate 1-bedroom, 1-bathroom units, providing immediate rental income or a house-hacking opportunity for an owner-occupant to offset their mortgage.
- Prime Central Location
Situated in the high-demand Boyle Heights area with easy access to Downtown LA and major freeways, ensuring low vacancy rates and strong tenant appeal.
- Investment Versatility
The triplex configuration serves both as a turnkey portfolio addition for seasoned investors and a strategic entry point for first-time multi-family buyers.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1926, the structure may require significant capital improvements to modernize aging systems and maintain long-term habitability.
- Due Diligence Complexity
The explicit requirement for buyers to verify permits and zoning suggests potential risks regarding the legal status of the units or historical modifications.
About 1127 Calzona
Excellent income-producing opportunity in the heart of Los Angeles! This multi-unit property features three (3) separate residences, each offering 1 bedroom and 1 bathroom, ideal for an investor seeking a turnkey portfolio addition or an owner-user looking to offset their mortgage. Conveniently located near local shopping, dining, schools, and major freeway access points, this property offers easy connectivity to Downtown LA and surrounding communities. A fantastic opportunity to add a solid multi-unit asset to your investment portfolio in a centrally located, high-demand area of Los Angeles. Buyer to verify all information, including but not limited to square footage, unit configurations, permits, and zoning, to their full satisfaction.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1926
- Lot Size
- 4,996 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,162 | 2,090.331 |
| Lot Size | 4,996 | 5,852.908 |
| Price | $730.0K | $830.9K |
| Price per sq ft | $338 | $394 |
| Built year | 1926 | 1928 |
| HOA | $0 | $0 |
| Days on market | 49 | 87 |
Pricing History
Listed for Sale
Sep 21, 2026
$730,000
Initial Listing
Sold
Jun 14, 2010
$290,000
Public Record