
Los Angeles, California 90063
This Modernized Duplex represents a Strong Value Opportunity, listed at $900,000—positioned well below the $972,520 Fair Market Value by 7%. This valuation gap provides $72,520 in Instant Equity. Featuring a Mint Condition Rating with contemporary kitchen finishes and a private primary suite, the property offers immediate rental income potential. Its strategic location near Downtown LA and Cal State LA ensures high tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-producing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1226 Van Pelt Avenue Subject | $900,000* List Price | 0 | 0 | 1,652 | $589 | - |
A 930 N Eastman Sold | $1,030,000 | 0 | 0 | 1,788 | $576 | 0.7 mi |
B 1258 N Ditman Sold | $780,000 | 0 | 0 | 1,310 | $595 | 0.7 mi |
C 3656 Pomeroy Street Active | $825,000 List Price | 3 | 2 | 1,680 | $491 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1928, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen features contemporary shaker cabinets, stainless steel appliances, and subway tile backsplashes. The interior shows recessed lighting, updated flooring, and modern bathroom fixtures, indicating that systems (HVAC/Electric) have been modernized and the home is in mint, move-in condition.
The property features a 3-bedroom upper unit and a 1-bedroom lower unit, providing excellent flexibility for owner-occupants seeking rental income or multi-generational living arrangements.
Situated near the border of Downtown Los Angeles and minutes from Cal State LA, the property is positioned in a high-demand area for tenants and commuters alike.
The upper-level unit includes a spacious primary bedroom with an en-suite bathroom and direct patio access, offering a level of privacy and modern comfort not often found in 1920s builds.
With only a detached one-car garage serving two separate units, parking may be a significant constraint for multiple residents in this high-density neighborhood.
Originally constructed in 1928, the property may require ongoing maintenance or capital improvements to aging systems common in century-old structures, despite modern cosmetic updates.
Excellent duplex opportunity in a centrally located Los Angeles neighborhood! This well-kept and modern property features two separate units, offering flexibility for owner-occupants, multi-generational living, or investment potential. The upper-level unit offers 3 bedrooms and 2 bathrooms, including a spacious primary bedroom with its own en-suite bathroom and access to the backyard and patio. The unit features a comfortable layout, modern touches, and beautiful views from the upper level. The lower-level unit includes 1 bedroom and 1 bathroom, providing a functional and private living space. The property also includes a detached one-car garage. Conveniently located near the border of Downtown Los Angeles and just minutes from Cal State LA, this duplex offers easy access to shopping, dining, entertainment, and major transportation routes. A great opportunity to own a versatile income-producing property in a highly convenient Los Angeles location!
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 | 1,652 | 2,187.451 |
| Lot Size | 4,450 | 5,841.385 |
| Price | $900.0K | $841.5K |
| Price per sq ft | $545 | $385 |
| Built year | 1928 | 1928 |
| HOA | $0 | $0 |
| Days on market | 5 | 85 |
Sep 4, 2026
$900,000
Initial Listing
Jun 14, 2019
$669,000
Public Record
Aug 17, 2017
$400,000
Public Record