
Los Angeles, California 90037
This duplex presents a High-Potential Investment Opportunity with a List Price of $1,099,999—positioned above the $994,173 Fair Market Value. While the property requires capital expenditure due to its Fair Condition Rating (1951 build), the LARD1.5 Zoning and proximity to USC and the Metro E Line provide significant long-term value-add potential. The high rental demand in this transit-oriented corridor supports a stable income strategy. This asset is best suited for Buy-and-Hold Investors or Value-Add Developers focused on modernization and density optimization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1182 Rolland Curtis Place Subject | $1,099,999* List Price | 0 | 0 | 1,824 | $545 | - |
A 1249 1251 W 39th Street 2 Active | $899,500 List Price | 0 | 0 | 2,020 | $445 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 (73 years old) with no mention of recent renovations or upgrades to major systems (HVAC/Electric) or interiors. Based on the age and lack of reported updates, the property likely requires significant rehabilitation and modernization.
Situated minutes from USC, Downtown LA, and major stadiums, this property offers unparalleled access to high-demand rental markets and major employment hubs.
The LARD1.5 zoning on a nearly 6,000-square-foot lot provides significant opportunities for future density increases or value-add development in a transit-oriented area.
Proximity to the Metro E Line and educational institutions like USC ensures a consistent pool of potential tenants, making it an ideal residential income asset.
Built in 1951, the property may require significant capital expenditures for modernizing systems and structural components to meet current market standards.
With a list price of approximately $1.1 million for a mid-century duplex, the initial cap rate may be compressed without immediate renovations or rent optimization.
Exceptional duplex opportunity in the heart of Los Angeles. Ideally located minutes from the University of Southern California (USC), Downtown Los Angeles, Exposition Park, BMO Stadium, and the LA Memorial Coliseum. Convenient access to major freeways, public transportation, restaurants, shopping, and entertainment venues. Nearby attractions include Crypto Arena, LA Live, the Natural History Museum, the California Science Center, USC Village, and the Metro E Line, providing easy access to Downtown Los Angeles and Santa Monica. The property consists of two units totaling approximately 1,824 square feet on a 5,875-square-foot lot zoned LARD1.5. Built in 1951, this duplex offers convenient access to major employment centers, educational institutions, and recreational amenities. Buyer to verify all information, including zoning, square footage, and future development possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,824 | 2,187.451 |
| Lot Size | 5,875 | 5,841.385 |
| Price | $1.10M | $841.5K |
| Price per sq ft | $603 | $385 |
| Built year | 1951 | 1928 |
| HOA | $0 | $0 |
| Days on market | 30 | 85 |
Aug 10, 2026
$1,099,999
Initial Listing
Dec 3, 2004
$420,000
Public Record
Feb 27, 2004
$315,000
Public Record