11912 Elva Avenue, Los Angeles, California 90059, Los Angeles, 90059 - bed, bath
ACTIVE$599,000$1,640/sqft
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:
Income-Generating Duplex: The property features two independent 2-bedroom, 1-bath units, offering immediate rental income potential or an opportunity for owner-occupancy with supplementary income.
Top Cons:
Age and Implied Condition: Built in 1946, the property's age suggests it likely requires extensive renovation and modernization, indicating potential deferred maintenance and outdated systems.
Compared to the nearby listings
Price:$599.0K vs avg $812.5K ($-213,500)14%
Size:1,640 sqft vs avg 2,239 sqft14%
Price/sqft:$365 vs avg $36150%
More Insights
Built in 1946 (80 years old).
Condition: Built in 1946, this property is explicitly marketed as an 'investor special' requiring 'extensive renovation and modernization' and 'significant capital investment.' The images confirm this, showing a highly outdated kitchen with old wood cabinets, worn countertops, and older appliances. The bathroom is equally dated with a basic vanity and fixtures. Flooring throughout appears old, and the heating system (wall heater visible) is likely inefficient. While livable, the property requires substantial rehabilitation to meet current standards, aligning with the 'poor' condition criteria.
Year Built
1946
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$365
HOA
-
Days on market
-
Sold On
-
MLS number
DW26009853
Home ConditionPoor
Features
View-
About this home
CALLING ALL INVESTORS. Large LOT for potential ADU. Property features TWO units: 2-bedroom, 1-bath each. 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. Property has onsite parking + 2 car garage.
R
Rudy Felix
Listing Agent
Price History
Date
Event
Price
05/25/95
Sold
$340,000
Condition Rating
Poor
Built in 1946, this property is explicitly marketed as an 'investor special' requiring 'extensive renovation and modernization' and 'significant capital investment.' The images confirm this, showing a highly outdated kitchen with old wood cabinets, worn countertops, and older appliances. The bathroom is equally dated with a basic vanity and fixtures. Flooring throughout appears old, and the heating system (wall heater visible) is likely inefficient. While livable, the property requires substantial rehabilitation to meet current standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property features two independent 2-bedroom, 1-bath units, offering immediate rental income potential or an opportunity for owner-occupancy with supplementary income.
Significant Lot Size: With a generous lot size of 10,733 sqft, the property provides ample space for expansion, outdoor amenities, or further development, which is a premium in Los Angeles.
ADU Development Potential: The large lot explicitly offers potential for adding an Accessory Dwelling Unit (ADU), significantly increasing the property's value and income-generating capacity.
Renovation & Value-Add Opportunity: Marketed to investors with 'a lot of potential to renovate and add square footage,' this property is ideal for buyers looking to customize, modernize, and significantly increase its market value.
Strategic Location & Accessibility: The property boasts easy access to major freeways (105 and 110), public transportation, and schools, enhancing its appeal for commuters and families.
Cons
Age and Implied Condition: Built in 1946, the property's age suggests it likely requires extensive renovation and modernization, indicating potential deferred maintenance and outdated systems.
Significant Capital Investment Required: Positioned as a renovation project with ADU potential, buyers should anticipate substantial additional capital expenditure beyond the purchase price for necessary upgrades and development.
Lack of Current Income/Occupancy Details: For an income-generating property, the listing lacks specific details regarding current rental income, lease terms, or occupancy status, which are crucial for investor analysis.