1151 Calzona Street, Los Angeles, California 90023, Los Angeles, 90023 - 6 bed, 4 bath
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Los Angeles, California 90023
This Dual-Unit Residential Income Asset is listed at $799,098, following a recent price improvement to align with its $590,553 Fair Market Value. The property consists of two separate 3-bedroom, 2-bathroom units, presenting significant Value-Add Potential to address its Poor Condition Rating. Located in the high-demand Boyle Heights neighborhood of the Los Angeles Unified district, the asset provides private entrances and dedicated parking for both residences. This property represents a strategic opportunity for Buy-and-Hold Investors or Contractors ready to execute a comprehensive renovation plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1151 Calzona Street Subject | $799,098* List Price | 6 | 4 | 1,704 | $347 | - |
A 1228 S Ditman Active | $760,000 List Price | 7 | 2 | 1,890 | $402 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1922-built duplex exhibits significant deferred maintenance and requires substantial rehabilitation to meet modern living standards. Interior photos show heavily soiled and worn carpeting, damaged linoleum flooring, and dated kitchens with worn cabinetry and missing appliances in one unit. The presence of popcorn ceilings, dated fixtures, and the listing's own admission of needing 'loving tender care' and 'immediate capital expenditures' justify a poor condition rating.
The property features two separate 3-bedroom, 2-bathroom units, offering a rare opportunity for high rental yield or multi-generational living in a high-demand Los Angeles submarket.
Each unit is equipped with its own private entrance and dedicated parking spaces, providing the level of privacy and convenience typically sought after by long-term tenants.
A significant price reduction from the original list price of $878,000 to $799,098 enhances the investment's cap rate potential and provides a more competitive entry point.
The property is noted as needing 'loving tender care,' indicating that immediate capital expenditures will likely be required for repairs and modernization.
With six bedrooms and four bathrooms squeezed into just 1,704 square feet, the individual room sizes and living areas are likely quite compact, which may limit appeal to certain tenant profiles.
Welcome to this great opportunity!! Don't miss out on this great investment potential, two separate units, making it a perfect multi-generational living. Both units offer 3 bedrooms and 2 baths waiting for a perfect family to give it some loving tender care. Each with it's own private entrance, own parking spaces, giving each privacy. Live in one unit and rent the other, or enjoy two reliable income streams, creating extra income potential. Multi-unit properties are in high demand, come and discover the possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 0.0 | 85% |
| Baths | 4.0 | 0.0 | 85% |
| Square foot | 1,704 | 1,758 | 46% |
| Lot Size | 4,994 | 5,983 | 38% |
| Price | $799.1K | $710.9K | 69% |
| Price per sq ft | $469 | $410 | 54% |
| Built year | 1922 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 195 | 188 | 62% |
Apr 2, 2026
$799,098
$878,000
-9% Price Drop
Initial Listing
Oct 9, 2025
$878,000
Initial Listing
Apr 19, 2012
$215,000
Public Record