
Los Angeles, California 90019
This Duplex Residential Income property is a Strong Value Opportunity, listed at $1,600,000—positioned slightly above the $1,583,911 Fair Market Value. While priced at market, the property features a Condition Rating of 3, bolstered by a new 2026 roof and seismic retrofitting. With two 2-bedroom units, modern air conditioning, and upgraded kitchens, it offers immediate rental stability. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income in the highly desirable Miracle Mile Wilshire Vista neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1332 Masselin Avenue A&b Subject | $1,500,000* List Price | 4 | 2 | 2,389 | $649 | - |
A 1293 S Cochran Avenue Active | $1,399,900 List Price | 0 | 0 | 2,330 | $601 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained with significant recent capital improvements including a new roof (2026) and seismic retrofitting. While built in 1929, it features upgraded kitchens, modern air conditioning, and functional interiors that are move-in ready, placing it in the 5-15 year renovation category for major systems.
The property features a new roof installed in 2026 with a 30-year warranty and a seismic retrofit, significantly reducing immediate capital expenditure and insurance risks for the buyer.
Unlike many vintage duplexes in the area, both units are equipped with air conditioning and upgraded kitchens, enhancing tenant comfort and increasing rental value.
Situated in the highly desirable Miracle Mile/Wilshire Vista neighborhood, the property offers exceptional proximity to Beverly Hills, Culver City, and major Los Angeles employment centers.
With only one bathroom per two-bedroom unit, the layout may be less appealing to modern families or roommates compared to newer developments with higher bathroom-to-bedroom ratios.
Built in 1929, the property may require ongoing specialized maintenance and updates to aging systems typical of nearly century-old structures, despite recent structural improvements.
Exceptional duplex opportunity in the highly desirable Miracle Mile Wilshire Vista neighborhood of Los Angeles. This well maintained property features two spacious units, each offering approximately 1,194 square feet with 2 bedrooms and 1 bathroom, for approximately 2,389 square feet of total living space. Both units offer comfortable, functional floor plans with air conditioning, a valuable feature not commonly found in many duplexes in the area, as well as upgraded kitchens. The property is well suited for investors, multi generational living, or an owner occupant looking to live in one unit while generating rental income from the other. Additional improvements include a new roof installed in January 2026 with a 30 year warranty, as well as a seismic retrofit. The property also features a small basement currently utilized for additional storage. A detached 2 car garage provides valuable parking and additional storage, along with potential future possibilities subject to buyer investigation and verification. The grounds feature five fruit trees, including avocado, peach, lemon, mango, and fig, adding character and outdoor appeal. Ideally situated near popular restaurants, shopping, museums, entertainment, and major employment centers, with convenient access to Beverly Hills, Culver City, Hollywood, and Downtown Los Angeles. Combining classic Los Angeles character with thoughtful upgrades, air conditioning, ample parking, and two desirable units, this duplex presents an excellent opportunity for rental income, owner user flexibility, and long term investment potential in one of Los Angeles most sought after areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,389 | 2,187.451 |
| Lot Size | 5,759 | 5,841.385 |
| Price | $1.50M | $841.5K |
| Price per sq ft | $628 | $385 |
| Built year | 1929 | 1928 |
| HOA | $0 | $0 |
| Days on market | 27 | 85 |
Aug 26, 2026
$1,500,000
$1,600,000
-6% Price Drop
Initial Listing
Aug 13, 2026
$1,600,000
Initial Listing
Aug 14, 1997
$229,000
Public Record