
Los Angeles, California 90019
This High-Potential Investment Opportunity is a Residential Income Duplex listed at $1,995,000, which is positioned above the $1,734,965 Fair Market Value. While priced at a premium, the property features an Excellent Condition Rating following extensive, high-end renovations including modern kitchens with marble countertops and electrical/plumbing upgrades. With a private swimming pool and detached garage, this turnkey asset is designed for immediate rental income or luxury living. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, income-generating lifestyle in Mid-City.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1226 Meadowbrook Avenue Subject | $1,995,000* List Price | 0 | 0 | 3,464 | $502 | - |
A 1208 S Cochran Avenue Sold | $1,480,000 | 0 | 0 | 3,223 | $459 | 0.1 mi |
B 1373 S Orange Drive Active | $1,495,000 List Price | 0 | 0 | 3,079 | $486 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1926 duplex has undergone an extensive, high-end renovation within the last few years. It features modern kitchens with marble countertops and custom cabinetry, designer bathrooms with contemporary tiling, and significant system upgrades including electrical, plumbing, and roof-mounted HVAC units. The interior is in mint condition with new hardwood floors and recessed lighting.
This remodeled duplex offers a rare owner-user opportunity to live in one high-end 3-bedroom unit while generating significant rental income from the second unit in a high-demand area.
The property features extensive modern upgrades including new electrical and plumbing, marble countertops, and designer finishes, minimizing immediate maintenance costs for the buyer.
Unlike many multi-family properties in the area, this home includes a private swimming pool and a detached garage, significantly increasing its lifestyle appeal and rental premium.
Priced at nearly $2 million, the property requires a substantial capital investment, which may result in a lower capitalization rate for pure investors compared to other Los Angeles submarkets.
With a total of six bedrooms across two units, the available parking provided by the detached garage may be insufficient for the high-density occupancy typical of this neighborhood.
****Rare Opportunity in Prime Mid-City!**** Beautifully remodeled duplex ideally located between Miracle Mile and Hancock Park. This exceptional property offers the perfect opportunity to generate rental income. Both units have been extensively renovated, with upgrades to the electrical and plumbing systems, hardwood floors, recessed lighting, and marble countertops, and each features approximately 3 bedrooms and 3 bathrooms. Interiors showcase designer finishes throughout, including modern kitchens with custom cabinetry, marble accents, generous island counter space, and contemporary appliances. Each unit also includes an in-unit washer and dryer for added convenience. Enjoy a private outdoor retreat with a sparkling swimming pool, perfect for relaxing or entertaining under the Southern California sun. The property also includes a detached garage offering additional storage. Ideally situated just minutes from Miracle Mile, world-class museums, popular restaurants, and vibrant entertainment, this property offers the perfect combination of lifestyle and income potential in one of Los Angeles’ most desirable central locations. Don’t miss this rare opportunity to enjoy sophisticated urban living, experience California’s premier weather, and secure steady rental income. This property offers the perfect blend of lifestyle, convenience, and investment potential in one of Los Angeles’ most dynamic and sought-after neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,464 | 2,250 |
| Lot Size | 6,217 | 5,864 |
| Price | $2.00M | $826.7K |
| Price per sq ft | $576 | $395 |
| Built year | 1926 | 1925 |
| HOA | $0 | $0 |
| Days on market | 33 | 83 |
Jun 19, 2026
$1,995,000
Initial Listing
Nov 15, 2019
$1,550,000
Public Record