
Los Angeles, California 90063
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $884,900—positioned well above the $854,642 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 3 with modern granite kitchen updates and a Patio for each unit. The detached configuration and parking for four vehicles provide significant rental utility in a high-demand area. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage a "house hack" strategy in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 119 N Hicks Subject 0 bd · 0 ba · 1,558 sqft · $549 | $884,900* List Price | 0 | 0 | 1,558 | $549 | - |
A 3455 E Cesar E Chavez Sold 5 bd · 2 ba · 1,835 sqft · $507 · 0.3 mi | $930,000 | 5 | 2 | 1,835 | $507 | 0.3 mi |
B 1041 Geraghty Sold 0 bd · 0 ba · 1,214 sqft · $692 · 1.0 mi | $840,000 | 0 | 0 | 1,214 | $692 | 1.0 mi |
C 930 N Eastman Sold 0 bd · 0 ba · 1,788 sqft · $576 · 0.8 mi | $1,030,000 | 0 | 0 | 1,788 | $576 | 0.8 mi |
D 3330 Gleason Sold 0 bd · 0 ba · 1,300 sqft · $535 · 0.3 mi | $695,000 | 0 | 0 | 1,300 | $535 | 0.3 mi |
E 304 S Lorena Street Active 0 bd · 0 ba · 1,564 sqft · $566 · 0.4 mi | $885,000 List Price | 0 | 0 | 1,564 | $566 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1916, the property has undergone a significant remodel likely within the last 5-15 years. The kitchen features granite countertops and updated cabinetry, and the interior shows well-maintained wood-look flooring and clean paint. It appears move-in ready and functional for a residential income property.
The property features two separate, remodeled homes on a single lot, offering superior privacy and rental flexibility compared to traditional attached duplexes.
Providing parking for at least four vehicles in a high-density neighborhood where street parking is at a premium significantly enhances the property's desirability and tenant retention.
Located in the vibrant Boyle Heights area near El Mercadito and Downtown Los Angeles, the property ensures high rental demand and easy access to major amenities and transit.
Built in 1916, the property may possess aging underlying systems or structural elements that require more frequent maintenance than newer constructions, despite recent remodels.
With one unit occupied, the buyer must navigate Los Angeles's complex rent stabilization ordinances and tenancy laws, which could limit immediate rental income optimization.
Properties as exceptional as this one rarely come on the market! This is one of those opportunities you do not want to miss! Featuring two beautifully remodeled and well- maintained detached homes, each offering two bedrooms, one bathroom, and its own separate storage space. The property also provides parking for at least four vehicles- a highly desirable feature in an area where parking is at a premium. Conveniently situated in a centrally located neighborhood, this property offers easy access to shopping, restaurants, public transportation, and Downtown Los Angeles. Just a few blocks from the iconic El Mercadito, residents can enjoy the convenience of nearby amenities and the vibrant surrounding community. This Property won't last long. Unit 121 to be delivered vacant at the close of escrow while Unit 119 offers the buyer the option to retain the existing tenants, subject to applicable tenancy laws. Please do not disturb tenants, showings are strictly by appointment only for serious, pre approved buyers only.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,558 | 2,090.331 |
| Lot Size | 6,526 | 5,852.908 |
| Price | $884.9K | $830.9K |
| Price per sq ft | $568 | $394 |
| Built year | 1916 | 1928 |
| HOA | $0 | $0 |
| Days on market | 10 | 87 |
Oct 30, 2026
$884,900
Initial Listing
Jun 30, 2021
$690,000
Public Record
Apr 26, 2019
$635,000
Public Record
Mar 14, 2008
$410,000
Public Record