11912 Elva Avenue, Los Angeles, California 90059, Los Angeles, 90059 - bed, bath
ACTIVE$649,900
11912 Elva Avenue, Los Angeles, California 90059
0Bed
0Bath
1,640Sqft
10,733Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: The property is a duplex featuring two separate 2-bedroom, 1-bath units, providing a clear opportunity for rental income generation.
Top Cons:
Age of Property: Built in 1946, the property likely requires significant updates to systems, finishes, and overall modernization to meet contemporary standards and maximize value.
Compared to the nearby listings
Price:$649.9K vs avg $740.0K ($-90,100)25%
Size:1,640 sqft vs avg 2,239 sqft25%
Price/sqft:$396 vs avg $33575%
More Insights
Built in 1946 (79 years old).
Condition: Built in 1946, this property is significantly aged. The MLS description and property analysis explicitly state that it 'likely requires significant updates to systems, finishes, and overall modernization' and that 'renovation is required.' While described as 'well kept,' this likely refers to general maintenance rather than modern updates. The visible wall-mounted heater indicates an outdated heating system. Without images of the kitchen and bathrooms, and given the property's age and the stated need for 'significant updates,' it's highly probable these critical areas are severely outdated and require substantial renovation, including potential system replacements (electrical, plumbing). This aligns with the 'poor' condition criteria of requiring substantial repairs and rehabilitation for major components.
Year Built
1946
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$396
HOA
-
Days on market
-
Sold On
-
MLS number
DW25221670
Home ConditionPoor
Features
View-
About this home
Property features TWO units: 2-bedroom, 1-bath each. Residents have easy access to the 105 fwy, and the 110 fwy. Conveniently located near public transportation, schools, and major freeways. Whether you're looking to invest or find a new place to call home, this property offers endless possibilities. Alot of potential to renovate and add square footage, possibly an ADU. Well kept property with onsite parking.
Price History
Date
Event
Price
05/25/95
Sold
$340,000
Condition Rating
Poor
Built in 1946, this property is significantly aged. The MLS description and property analysis explicitly state that it 'likely requires significant updates to systems, finishes, and overall modernization' and that 'renovation is required.' While described as 'well kept,' this likely refers to general maintenance rather than modern updates. The visible wall-mounted heater indicates an outdated heating system. Without images of the kitchen and bathrooms, and given the property's age and the stated need for 'significant updates,' it's highly probable these critical areas are severely outdated and require substantial renovation, including potential system replacements (electrical, plumbing). This aligns with the 'poor' condition criteria of requiring substantial repairs and rehabilitation for major components.
Pros & Cons
Pros
Strong Income Potential: The property is a duplex featuring two separate 2-bedroom, 1-bath units, providing a clear opportunity for rental income generation.
Significant Development Upside: With a generous 10,733 sqft lot, there is substantial potential for renovation, adding square footage, and possibly constructing an Accessory Dwelling Unit (ADU).
Excellent Freeway Access: Conveniently located with easy access to both the 105 and 110 freeways, enhancing connectivity for residents and commuters.
Proximity to Amenities & Transit: The property is situated near public transportation, schools, and major freeways, offering convenience for daily living and accessibility.
Versatile Investment Opportunity: Appeals to a broad market, suitable for both investors seeking rental income and owner-occupants looking for a home with supplemental income.
Cons
Age of Property: Built in 1946, the property likely requires significant updates to systems, finishes, and overall modernization to meet contemporary standards and maximize value.
Renovation Required: While offering potential, the description implies the property needs substantial renovation and upgrades to unlock its full value and appeal, which will incur additional costs.
Limited Bathroom Count: Each unit features only one bathroom, which may be a drawback for some prospective tenants or owner-occupants, especially if considering a larger family or modern living preferences.