
East Los Angeles, California 90023
This Income-Generating Duplex represents a Strong Value Opportunity, listed at $695,000—positioned below the $706,459 Fair Market Value by 1%. This valuation provides $11,459 in Instant Equity for the buyer. Featuring a 3-bedroom front house and a 1-bedroom rear unit on an oversized 7,567 sqft lot, the property offers significant ADU Potential and a Condition Rating of 4. Located in unincorporated East Los Angeles with rapid freeway access, it perfectly balances immediate rental income with long-term appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1328 S Record Ave Subject | $695,000* List Price | 0 | 0 | 1,359 | $489 | - |
A 1052 S Herbert Sold | $720,000 | 0 | 0 | 1,680 | $429 | 0.4 mi |
B 1157 Wilkins Sold | $710,900 | 0 | 0 | 1,230 | $578 | 0.5 mi |
C 923 S Alma Active | $599,000 List Price | 0 | 0 | 1,545 | $388 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property is well-maintained and 'freshly painted,' making it move-in ready. However, the bathroom features dated 4x4 tiling and older fixtures, indicating the last major renovation was likely over 20 years ago. It lacks modern updates to kitchens and systems but remains functional.
The property features a 3-bedroom front house and a 1-bedroom rear unit, offering immediate rental income opportunities or a flexible multi-generational living setup.
The oversized 7,567 sqft lot provides significant room for expansion, including the potential to add attached or detached ADUs to maximize long-term generational wealth.
Situated in unincorporated East Los Angeles with rapid access to the 5, 710, and 60 freeways and Downtown LA, the property is ideally positioned for high rental demand.
Built in 1951, the property may require significant updates to major systems such as plumbing, electrical, or roofing to meet modern standards beyond the recent cosmetic paint.
With only one bathroom per unit, the layout may be restrictive for larger families or modern tenants, potentially limiting the maximum achievable rent for the 3-bedroom unit.
Incredible opportunity in unincorporated East Los Angeles to own a property with real upside. Set on a 7500 sqft lot, this property features two separate units and the kind of setup that can build long-term generational wealth. The front home offers 3 bedrooms and 1 bathroom, and the rear unit is a 1 bedroom, 1 bathroom. Perfect for living in one and renting the other, or creating a multi-generational setup. Both units are freshly painted and ready for immediate use, while the oversized lot gives you room to expand. There is potential to add an attached and/or detached ADU for additional income and future growth (Buyer to verify with the appropriate city departments). Located just minutes from Downtown Los Angeles and the Citadel Outlets, with easy access to the 5, 710, and 60 freeways, this is a centrally located opportunity in a strong, established community. Whether you’re looking to invest, live in one unit and generate rental income from the other, or create a multi-generational setup, this property gives you flexibility and long-term potential. No blind offers will be accepted. Buyers must walk the property before submitting an offer. Opportunities like this don’t last come see it in person at our Open House this weekend.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,359 | 1,680 | 31% |
| Lot Size | 7,567 | 5,592.5 | 75% |
| Price | $695.0K | $735.0K | 31% |
| Price per sq ft | $511 | $419 | 63% |
| Built year | 1951 | 1923 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 131 | 6% |
May 6, 2026
$695,000
Initial Listing
Jul 12, 2004
$355,000
Public Record