1178 Buelah, Los Angeles, California 90063, Los Angeles, 90063 - 6 bed, 2 bath
ACTIVE$890,000
1178 Buelah, Los Angeles, California 90063
6Beds
2Baths
2,384Sqft
5,313Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multiple Income Streams: This property offers excellent income potential with a multi-unit duplex and a versatile ADU (bonus room with kitchenette and bathroom), providing diverse rental opportunities.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2384, other record living area = 1734. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Compared to the nearby listings
Price:$890.0K vs avg $775.0K (+$115,000)76%
Size:2,384 sqft vs avg 1,977 sqft76%
Price/sqft:$373 vs avg $35352%
More Insights
Built in 1926 (99 years old).
Condition: While the property was originally built in 1926, the listing explicitly states that Unit 2 features 'newer construction' and an 'enhanced living area.' This is supported by images showing a significantly updated kitchen with modern white shaker cabinets, a contemporary chevron tile backsplash, recessed lighting, and a stainless steel refrigerator. Other areas, such as the ADU kitchenette, are more basic and dated but appear functional. The property presents as move-in ready for tenants, with recent updates in key areas offsetting the age of the original structure and older components.
Year Built
1926
Close
-
List price
$890K
Original List price
$910K
Price/Sqft
$373
HOA
-
Days on market
-
Sold On
-
MLS number
CV25271099
Home ConditionGood
Features
Good View: City Lights
Deck
Patio
ViewCity Lights
About this home
Welcome to a rare investment opportunity in the thriving Buelah Circle area! This multi-unit duplex features 2,384 sq ft of living space on a 5,313 sq ft lot, offering an excellent chance for investors seeking both solid rental income and long-term growth. • Unit 1: Spacious 3-bedroom, 1-bath unit with a comfortable layout and ample living space—ideal for families. • Unit 2: Another 3-bedroom, 1-bath unit, featuring newer construction and an additional 540 sq ft of enhanced living area. • Unit 3 / Bonus Room: A versatile ADU equipped with a kitchenette and bathroom—perfect for added rental income or flexible use (buyer to verify permits). With multiple income streams, low maintenance, and strong demand in a rapidly improving market, this duplex combines location, functionality, and rental potential into one exceptional package. Contact us today for showing availability! Serious inquiries only. BACK UNIT IS VACANT
Price History
Date
Event
Price
02/14/07
Sold
$363,000
01/23/04
Sold
$199,000
Condition Rating
Good
While the property was originally built in 1926, the listing explicitly states that Unit 2 features 'newer construction' and an 'enhanced living area.' This is supported by images showing a significantly updated kitchen with modern white shaker cabinets, a contemporary chevron tile backsplash, recessed lighting, and a stainless steel refrigerator. Other areas, such as the ADU kitchenette, are more basic and dated but appear functional. The property presents as move-in ready for tenants, with recent updates in key areas offsetting the age of the original structure and older components.
Pros & Cons
Pros
Multiple Income Streams: This property offers excellent income potential with a multi-unit duplex and a versatile ADU (bonus room with kitchenette and bathroom), providing diverse rental opportunities.
Strong Investment Potential: Explicitly marketed as a 'rare investment opportunity' in a 'thriving Buelah Circle area' and 'rapidly improving market' with 'strong demand' in Los Angeles.
Newer Construction Unit: Unit 2 features newer construction and an additional 540 sq ft of enhanced living area, which significantly boosts its appeal and potential rental value.
Vacant Unit for Immediate Income/Flexibility: The back unit is currently vacant, allowing for immediate tenant placement at market rates or providing flexibility for an owner-occupant.
Desirable Location: Situated in the 'thriving Buelah Circle area' of Los Angeles, the property benefits from a location with strong tenant demand and potential for long-term appreciation.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2384, other record living area = 1734. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Age of Property: Built in 1926, the property is nearly a century old, which may imply potential for deferred maintenance, outdated systems, and higher ongoing repair and upgrade costs.
ADU Permit Verification Required: The description explicitly states '(buyer to verify permits)' for the ADU, introducing a potential risk of non-compliance or additional costs for legalization.
Recent Price Reduction: The listing has undergone a recent price reduction from $910,000 to $890,000, which could indicate initial overpricing or a lack of sufficient buyer interest at the higher price point.