13502 S San Pedro, Los Angeles, California 90061, Los Angeles, 90061 - 4 bed, 2 bath

ACTIVE$735,000
13502 S San Pedro, Los Angeles, California 90061
4Beds
2Baths
1,760Sqft
8,224Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property features two separate 2-bedroom, 1-bathroom units, offering immediate rental income potential for investors or a valuable owner-occupancy opportunity with supplemental income.
Top Cons:
Age of Property: Built in 1949, the property's age suggests potential for outdated infrastructure, systems (e.g., plumbing, electrical), and deferred maintenance, likely requiring significant capital investment for modernization.
Compared to the nearby listings
Price:$735.0K vs avg $770.0K ($-35,000)17%
Size:1,760 sqft vs avg 1,974 sqft25%
Price/sqft:$418 vs avg $40350%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this property exhibits significant deferred maintenance, as evidenced by the severely peeling exterior paint and dilapidated porch visible in the image. The MLS analysis confirms the likelihood of outdated infrastructure and systems, implying a need for substantial capital investment for modernization. While the interior condition of the kitchen and bathrooms is not shown, given the property's age and exterior neglect, it is highly probable they are original or very dated, requiring full renovation. The property requires substantial repairs and rehabilitation to meet current living standards.
Year Built
1949
Close
-
List price
$735K
Original List price
$735K
Price/Sqft
$418
HOA
-
Days on market
-
Sold On
-
MLS number
PW25266412
Home ConditionPoor
Features
View-
About this home
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.
Price History
Date
Event
Price
12/22/97
Sold
$132,000
11/15/02
Sold
$225,000
Condition Rating
Poor
Built in 1949, this property exhibits significant deferred maintenance, as evidenced by the severely peeling exterior paint and dilapidated porch visible in the image. The MLS analysis confirms the likelihood of outdated infrastructure and systems, implying a need for substantial capital investment for modernization. While the interior condition of the kitchen and bathrooms is not shown, given the property's age and exterior neglect, it is highly probable they are original or very dated, requiring full renovation. The property requires substantial repairs and rehabilitation to meet current living standards.
Pros & Cons
Pros
Income-Generating Duplex: The property features two separate 2-bedroom, 1-bathroom units, offering immediate rental income potential for investors or a valuable owner-occupancy opportunity with supplemental income.
Generous Lot Size: With an 8,224 sqft lot, there is ample space for parking, outdoor use, or future expansion and development possibilities, which is a significant asset in a dense urban environment like Los Angeles.
Strategic Location: Situated in a well-established South Los Angeles neighborhood, the property boasts convenient access to major commuter routes, shopping, local amenities, parks, schools, and dining options.
Investment Potential: Explicitly highlighted as a 'great opportunity' for both owner-occupancy and investment, indicating strong long-term value appreciation and consistent rental demand in a centrally located community.
Practical Layout: The property offers a 'practical layout with comfortable living spaces' in both units, suggesting functional and livable configurations suitable for tenants or residents.
Cons
Age of Property: Built in 1949, the property's age suggests potential for outdated infrastructure, systems (e.g., plumbing, electrical), and deferred maintenance, likely requiring significant capital investment for modernization.
Lack of Modern Updates (Implied): The description does not mention any recent renovations or modern features, implying the interiors may be dated and require substantial upgrades to appeal to contemporary tenants or buyers.
No Desirable Views: The property explicitly states 'View: None,' which can limit its appeal and potential for higher valuation compared to properties offering scenic views in the competitive Los Angeles market.