
Los Angeles, California 90019
This 1934 duplex represents a Strong Value Opportunity, listed at $1,222,000—positioned above the $1,129,062 Fair Market Value. While priced at a premium, the property offers significant architectural character and a 3,518 sqft footprint within the prestigious Miracle Mile HPOZ. Featuring a Condition Rating of 4, the asset requires modernization, yet provides immediate rental potential through its dual-unit layout and quaint patio. This is a stable, long-term acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage historic charm in a prime Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1222 S Cloverdale Subject | $1,222,000* List Price | 0 | 0 | 3,518 | $321 | - |
A 1750 S Mansfield Avenue S Sold | $915,000 | 4 | 4 | 3,282 | $279 | 0.7 mi |
B 1259 S Orange Drive Active | $1,100,000 List Price | 0 | 0 | 2,867 | $384 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1934, the property retains significant original architectural detail but is dated. The kitchen features older tile and cabinetry, and the bathrooms are original Art Deco style (>30 years old). While the electrical panel and water heater have been upgraded, the overall interior finishes require modernization to meet current standards, though the home remains functional and well-maintained.
This 1934 duplex features a rare blend of Art Deco and Spanish styles, offering high ceilings, formal foyers, and original architectural details that provide significant aesthetic appeal and market differentiation.
With over 3,500 square feet of living space and identical units featuring formal dining rooms, breakfast rooms, and dedicated laundry areas, the property offers high rental potential and functional multi-generational living.
Situated in the Miracle Mile HPOZ near Beverly Hills and major transit corridors, the property benefits from a highly walkable location and the long-term value protection of a historic preservation zone.
The property's location within a Historic Preservation Overlay Zone subjects any exterior renovations or improvements to strict municipal guidelines, which can increase the cost and complexity of upgrades.
Built in 1934, the property may require ongoing capital expenditures for aging systems not fully addressed by the recent electrical and water heater upgrades, such as plumbing or foundation maintenance.
Opportunity is knocking! Gorgeous, quaint, charming, elegant... Art Deco meets Spanish style! Walk back in time to the amazing architecture of the 1930s. Duplex has two identical units, one upstairs, one downstairs. Downstairs has a quaint patio area. Both units are very similar: high ceilings and lots of architectural details: a formal foyer with its own quaint built-in desk, a large formal living room with fireplace, a formal dining room, a breakfast room off the kitchen, and its own laundry room. Upstairs has an extra room that is being used as an office. Garages are at the back of the property with newer garage doors. New water heater in downstairs unit, upgraded electrical panel, new fence in front yard. Located off San Vincent and Wet of La rea, close to shopping, public transportation, the Miracle Mile and Beverly Hills. Located within the Miracle Mile HPOZ Preservation Plan.
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 | 3,518 | 2,187.451 |
| Lot Size | 6,910 | 5,841.385 |
| Price | $1.22M | $841.5K |
| Price per sq ft | $347 | $385 |
| Built year | 1934 | 1928 |
| HOA | $0 | $0 |
| Days on market | 5 | 85 |
Sep 4, 2026
$1,222,000
Initial Listing
Nov 10, 2021
$811,000
Public Record