
Los Angeles, California 90011
This Residential Income Duplex represents a High-Potential Investment Opportunity with a List Price of $550,000—positioned competitively near its $554,219 Fair Market Value. While currently holding a Condition Rating of 5, the asset offers $4,219 in Instant Equity and significant value-add potential through a comprehensive renovation. The expansive 6,251 square foot lot provides a rare footprint for ADU development in a high-demand rental corridor near USC and Downtown LA. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking forced appreciation.
Property is extensive renovation needed.
Built in 1915 (109 years old) with no mentioned renovations, this property is explicitly marketed as a 'cash buyer' and 'investor' opportunity to 'add value.' The 'as-is' status and age indicate that the kitchen, bathrooms, and major systems (HVAC/Electric) likely require a full rehab to meet modern safety and functional standards.
As a duplex, this property offers a dual-income stream opportunity for investors or an owner-occupant looking to offset their mortgage through rental income.
Priced competitively for the Los Angeles market, this property serves as an ideal project for cash buyers to renovate and significantly increase equity.
The 6,251 square foot lot provides ample space for potential expansion, outdoor improvements, or the addition of an Accessory Dwelling Unit (ADU) to further maximize ROI.
The property is being sold in 'as-is' condition and is specifically targeted at cash buyers, indicating a need for substantial capital improvement and immediate repairs.
Originally built in 1915, the structure likely requires extensive modernization of major systems such as electrical, plumbing, and foundation to meet current safety standards.
Excellent opportunity for cash buyers and investors looking to add value.Property is being sold as is.
No exterior & parking available.
Grades K-1 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 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 | 1,771 | 1,974 | 30% |
| Lot Size | 6,251 | 5,326 | 73% |
| Price | $550.0K | $745.0K | 24% |
| Price per sq ft | $311 | $373 | 39% |
| Built year | 1915 | 1912 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 209 | 3% |
Apr 19, 2026
$550,000
Initial Listing
Oct 23, 1996
$185,000
Public Record