
Los Angeles, California 90061
This Value-Add Residential Income Duplex is listed at $735,000, positioned strategically near its $695,570 Fair Market Value. Currently carrying a Condition Rating of 5, the 1949 structure requires Substantial Rehabilitation to address deferred maintenance and modernize major systems. The property’s primary value driver is the expansive 8,224 Sqft Lot, which offers significant potential for ADU Development or secure multi-unit parking. Located in the Los Angeles Unified district, these Dual 2BD/1BA Units represent a high-upside asset for those targeting forced appreciation. This acquisition is best suited for Buy-and-Hold Investors or Value-Add Specialists.
Property is extensive renovation needed.
Built in 1949, the property shows significant signs of deferred maintenance and neglect. The exterior image reveals extensive peeling paint, weathered wood, and dated fixtures. The listing analysis confirms a lack of modern upgrades and vintage infrastructure, indicating that major systems like plumbing, electrical, and roofing likely require substantial rehabilitation to meet current safety and quality standards.
As a duplex featuring two 2-bedroom, 1-bathroom units, this property offers excellent flexibility for an investor seeking rental income or an owner-occupant looking to offset their mortgage.
The generous 8,224 square foot lot provides significant value, offering ample space for secure parking, outdoor living, or the potential development of an Accessory Dwelling Unit (ADU).
Situated in a centrally located South Los Angeles neighborhood, the property provides convenient access to major transit routes, local schools, and essential shopping amenities.
Built in 1949, the property may require updates to major systems such as plumbing, electrical, and roofing to meet modern standards and efficiency.
The listing does not highlight recent renovations or premium interior finishes, suggesting that immediate capital investment may be needed to maximize its aesthetic appeal and market value.
Welcome to this charming Los Angeles property situated in a well-established neighborhood near major commuter routes, shopping, and local amenities. This home offers a practical layout with comfortable living spaces and a generously sized lot that provides room for parking, outdoor use, or future possibilities. The property has 2 units and both units are 2 Bed 1 Bath. The surrounding area features tree-lined streets and convenient access to parks, schools, and dining options. Whether for owner-occupancy or investment, this property presents a great opportunity in a centrally located South Los Angeles community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 60% |
| Baths | 2.0 | 0.0 | 60% |
| Square foot | 1,760 | 2,102 | 20% |
| Lot Size | 8,224 | 6,041 | 90% |
| Price | $735.0K | $750.0K | 40% |
| Price per sq ft | $418 | $353 | 60% |
| Built year | 1949 | 1936 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 148 | 210 | 20% |
Nov 25, 2025
$735,000
Initial Listing
Nov 15, 2002
$225,000
Public Record
Dec 22, 1997
$132,000
Public Record