134 E 82nd, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
Loading property details...
Los Angeles, California 90003
This Development-Ready Asset is listed at $575,000, representing a strategic valuation based on its Approved RTI Plans for a 4-unit development rather than the $439,612 Fair Market Value of the existing 1,008 sqft structure. Located in the Metropolitan South area, the property features a Condition Rating of 6 and a 5,064 sqft lot primed for two duplexes. The asset will be delivered vacant, ensuring a streamlined transition for construction within the Los Angeles Unified district. This is a capital-intensive, high-yield project perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 134 E 82nd Subject | $575,000* List Price | 2 | 1 | 1,008 | $436 | - |
A 214 E 76th Place Sold | $455,000 | 4 | 1 | 855 | $532 | 0.4 mi |
B 437 W 81st Street Sold | $565,000 | 1 | 1 | 964 | $586 | 0.5 mi |
C 433 E 74th Street Sold | $535,000 | 2 | 1 | 854 | $626 | 0.7 mi |
D 137 W 84th Place Sold | $495,000 | 2 | 1 | 936 | $529 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1922 (>100 years old) with no evidence of recent renovations. The listing is marketed specifically to developers for land value, featuring approved RTI plans for a 4-unit development, indicating the current structure is likely unlivable or obsolete.
The property includes approved RTI (Ready to Issue) plans for a 4-unit development, significantly reducing the time, cost, and bureaucratic hurdles typically associated with the permitting process.
The property will be delivered vacant at the close of escrow, allowing investors to bypass the complexities and potential legal expenses of tenant relocation in Los Angeles.
The transition from a single-family residence to a multi-unit configuration (two duplexes) maximizes the utility of the 5,064 sqft lot and substantially increases future rental yield.
The property was recently sold within the past year on 2025-10-15. The sold price is $310,000.00.
Built in 1922, the existing 1,008 sqft home likely holds minimal value and will require demolition or extensive work to clear the way for the new development.
The $575,000 list price is for the land and plans only; the buyer will need significant additional capital to fund the construction of the four new units.
Attention ALL Developers and Investors this property is being sold with Approved Plans RTI for a 4 Unit Development. Duplex in the Front and Duplex in the Rear. Property will be delivered vacant at close of Escrow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,008 | 1,066 | 41% |
| Lot Size | 5,064 | 5,184.5 | 41% |
| Price | $575.0K | $607.5K | 39% |
| Price per sq ft | $570 | $530 | 61% |
| Built year | 1922 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 195 | 5% |
Apr 27, 2026
$575,000
Initial Listing
Oct 15, 2025
$310,000
Public Record