1227 Rolland Curtis Place 1227 1/2, Los Angeles, California 90037, Los Angeles, 90037 - bed, bath

ACTIVE$1,023,960
1227 Rolland Curtis Place 1227 1/2, Los Angeles, California 90037
0Bed
0Bath
1,702Sqft
5,227Lot
Year Built
1913
Close
-
List price
$1.02M
Original List price
$1.04M
Price/Sqft
$602
HOA
-
Days on market
-
Sold On
-
MLS number
SR24217077
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.02M(61th), sqft - 1702(13th), beds - undefined(50th), baths - undefined(50th).
Excellent opportunity to own these two units, this duplex is perfect for first-time home buyer or investor, front unit features 3- bedroom 1 1/2 bath, second unit has 2- bedroom 1-bath, property is located in a growing and desirable area of Los Angeles, walking distance to (USC) University of Southern California, L.A Coliseum, Exposition Park, Natural History Museum, and short distance to DTLA
Price History
Date
Event
Price
09/03/25
Price Change
$1,023,960
10/18/24
Listing
$1,043,000
10/31/12
Sold
$295,000
03/12/07
Sold
$528,000
Condition Rating
Poor
Built in 1913, this property is over 100 years old. The provided images are very limited and do not show the kitchen or bathrooms, which are critical areas for assessing condition. The visible interior (bedroom) shows dated elements like a popcorn ceiling and an older light fixture, suggesting a lack of recent, comprehensive renovations. The exterior also appears worn. The absence of photos for key areas strongly implies they are in very poor or extremely outdated condition, requiring substantial rehabilitation. The description as an 'opportunity' often indicates a property needing significant work, aligning with the 'Poor' condition criteria of requiring substantial repairs and rehabilitation.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex with two distinct units (3-bed/1.5-bath and 2-bed/1-bath), offering excellent potential for rental income or owner-occupancy with supplemental income, appealing to both investors and first-time homebuyers.
Prime Urban Location: Situated in a 'growing and desirable area of Los Angeles,' indicating strong market demand and potential for appreciation.
Exceptional Proximity to Key Institutions: Walking distance to USC, LA Coliseum, Exposition Park, and Natural History Museum, plus a short distance to DTLA, making it highly attractive to students, faculty, and urban professionals.
Versatile Investment Opportunity: Explicitly marketed as suitable for both first-time homebuyers and investors, broadening its market appeal and potential buyer pool.
Generous Lot Size: With a lot size of 5,227 sqft, the property offers more outdoor space than typical urban duplexes, providing potential for landscaping, outdoor living areas, or future expansion (subject to zoning).
Cons
Historic Age & Potential for Outdated Systems: Built in 1913, the property is over a century old, suggesting potential for outdated plumbing, electrical, and HVAC systems, which could lead to higher maintenance costs and necessitate significant upgrades.
Required Capital Expenditure for Modernization: Given its age and lack of mentioned recent renovations, the property likely requires substantial investment for modernization and cosmetic updates to meet contemporary living standards and maximize rental income/resale value.
Limited Bathroom Count: The 3-bedroom unit features only 1.5 baths, and the 2-bedroom unit has 1 bath. This limited bathroom count might be a drawback for some modern buyers or renters who prefer more facilities, potentially impacting market appeal.





