
Los Angeles, California 90033
This Turnkey Duplex-Style Property represents a High-Potential Investment Opportunity, listed at $1,190,000—positioned above the $1,072,325 Fair Market Value. While priced at a premium, the property features a 2024 Complete Remodel and a Newly Constructed ADU, earning an Excellent Condition Rating. With separate utilities and modern finishes like Quartz Countertops, this asset is optimized for rental income or multigenerational living. Its strategic location in Boyle Heights ensures strong demand, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through house-hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 131 S Gless Street Subject | $1,190,000* List Price | 5 | 4 | 2,100 | $511 | - |
A 1012 Lord Street Sold | $875,000 | 5 | 3 | 1,668 | $525 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete 2024 remodel and includes a newly constructed ADU. It features brand-new kitchens with quartz countertops, new electrical and plumbing systems, new vinyl flooring, and modern mini-split HVAC units, making it a turnkey, mint-condition residence.
The property features two distinct living spaces with separate gas and electrical meters, offering a turnkey opportunity for rental income, house-hacking, or multi-generational living.
The front residence was fully remodeled in 2024 with new electrical, plumbing, and high-end finishes, while the rear ADU is a brand-new construction, significantly reducing immediate capital expenditure.
Situated in the high-growth Boyle Heights neighborhood, the property provides exceptional proximity to Downtown Los Angeles, major freeways, and public transit, ensuring high rental demand.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2100, other record living area = 820. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
With two sizable units occupying a 3,499 square foot lot, there is minimal yard space or private outdoor area, which may be a drawback for families or pet owners.
The list price of $1.19M is at the higher end for the immediate area, which may limit the pool of qualified buyers despite the property's upgraded condition and income potential.
Amazing opportunity to own two incredible income-producing units in the heart of vibrant Boyle Heights! Perfect for owner-occupants looking to offset their mortgage, multigenerational living, or investors seeking a move-in-ready property with strong rental appeal. The front residence features 3 bedrooms and 2 bathrooms, including a spacious primary suite with its own private bathroom. Completely remodeled in 2024, this home showcases modern finishes throughout including new flooring, recessed lighting, updated baseboards, new electrical and plumbing, and an inviting open-concept layout. As you enter, you are welcomed by a bright living room that flows seamlessly into the dining area and beautifully redesigned kitchen featuring quartz countertops and a center island, creating the perfect space for everyday living and entertaining. Additional highlights include inside laundry, a new driveway, and separate gas and electrical meters. Privately positioned in the rear, the approximately 1,000 sq ft newly constructed ADU offers its own separate entrance and independent gas and electrical meters for added convenience and flexibility. This stunning unit offers 2 bedrooms and 2 bathrooms, new vinyl flooring, recessed lighting, quartz countertops, and an open living, dining, and kitchen concept. Thoughtfully designed with bedrooms and bathrooms situated toward the back for privacy and comfortable living. Located in the highly desirable community of Boyle Heights, one of Los Angeles’ most culturally rich and connected neighborhoods, enjoy convenient access to Downtown Los Angeles, major freeways, shopping, dining, local parks, schools, and public transportation. Boyle Heights continues to attract homeowners and investors alike for its central location, strong community feel, and ongoing growth. A rare opportunity to own a turnkey duplex-style property with modern upgrades, separate utilities, and exceptional income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 75% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 2,100 | 1,419 | 83% |
| Lot Size | 3,499 | 5,906 | 8% |
| Price | $1.19M | $697.5K | 92% |
| Price per sq ft | $567 | $546 | 50% |
| Built year | 1905 | 1922 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 210 | 8% |
May 27, 2026
$1,190,000
Initial Listing
Nov 27, 2023
$550,000
Public Record
Jan 4, 2006
$103,000
Public Record