135 Rivera Street, East Los Angeles, California 90063, East Los Angeles, 90063 - 0 bed, 0 bath
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East Los Angeles, California 90063
This duplex presents a High-Potential Investment Opportunity with a List Price of $844,000—positioned well above the $798,452 Fair Market Value by -5%. Featuring a Condition Rating of 5, this 1906-built asset requires significant capital expenditure to modernize its aging infrastructure. However, the Dual-Income Potential and City Lights views provide a strong foundation for value-add strategies. This property is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to maximize long-term rental yields.
Property is extensive renovation needed.
Built in 1906 and held by the same family for many years with no mention of recent renovations. The exterior shows significant signs of age, including peeling paint and dated windows. Given the 118-year age, the property likely requires a full rehab of kitchens, bathrooms, and major systems (electrical/plumbing) to meet modern standards.
As a duplex with separate addresses, this property offers excellent versatility for owner-occupants looking to house-hack or investors seeking steady rental income in a high-demand area.
Situated in the City Terrace hillside, the property boasts impressive city light views, providing a premium aesthetic appeal that distinguishes it from standard neighborhood lots.
Long-term family ownership suggests a level of care and continuity often missing in investment properties, offering a more welcoming atmosphere and potentially better-maintained bones.
Originally built in 1906, the property may require significant capital expenditures for modernizing aging infrastructure, such as electrical, plumbing, or foundation systems.
The one-bedroom configurations may limit the appeal for larger families or tenants seeking more traditional multi-bedroom layouts, potentially impacting long-term rental yields.
A two-unit property in City Terrace offering two separate addresses, one-bedroom layouts, & additional rooms that add everyday flexibility. Held by the same family for many years, it carries a genuine sense of care & continuity that gives it a welcoming feel. Set on a 5,002 sq ft lot with hillside surroundings & close access to East Los Angeles amenities, it offers practical comfort, long-term potential, & the kind of place that can be appreciated now & carried forward in the future.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,419 | - |
| Lot Size | 5,002 | - |
| Price | $844.0K | $773.4K |
| Price per sq ft | $595 | $471 |
| Built year | 1906 | 0 |
| HOA | $0 | $0 |
| Days on market | 14 | 67 |
Jul 8, 2026
$844,000
Initial Listing