1411 Mitchell Place, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This property presents a High-Potential Investment Opportunity with a List Price of $725,000—positioned above the $638,217 Fair Market Value. While the price reflects a premium, the Duplex configuration in a high-demand area near DTLA and major medical centers offers significant rental upside. Featuring a Newer Roof and a Condition Rating of 5, this asset requires a comprehensive renovation to modernize its 1908 infrastructure. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on the proximity to USC Keck and the Arts District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1411 Mitchell Place Subject | $725,000* List Price | 0 | 0 | 1,811 | $352 | - |
A 1945 Sheridan Street Active | $625,000 List Price | 0 | 0 | 1,566 | $399 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908 and explicitly marketed as a 'fixer opportunity,' this property shows significant deferred maintenance including peeling exterior paint and weathered siding. While the roof is newer, the interior finishes are dated, and the 'as-is' sale terms indicate the need for a major rehab to address age-related wear and potential system updates.
The property is ideally situated in Boyle Heights, minutes from Downtown LA, the Arts District, and major medical centers like USC Keck, ensuring high rental demand and long-term appreciation.
As a duplex with two 2-bedroom units, the property offers versatile income-producing opportunities for investors or a house-hacking option for owner-occupants.
The inclusion of a newer roof on a 1908 structure provides significant value by addressing one of the most expensive maintenance items upfront.
Marketed as a 'fixer' in 'as-is' condition, the property will require substantial capital investment to modernize and repair the units to current market standards.
Built in 1908, the property may harbor hidden issues related to century-old infrastructure, including potential permit discrepancies and outdated electrical or plumbing systems.
Attention Investors and Cash Buyers! Fixer opportunity, income producing Duplex in Boyle Heights area of Los Angeles. Minutes away from DTLA, Arts District, Cal State, LA USC Keck Medical, Adventist Health and White Memorial Hospital. Quiet residential street, walking distance to local park, church and schools. All close to the heart of LA with views of Dodger Stadium. Duplex is 2 bedroom 1 bath each unit. Newer roof. Property is being sold in its present "As-Is" condition. Seller will not make any repairs. Buyer to verify all information, including permits, square footage, lot size, zoning and condition. Seller is motivated and seeking a smooth, quick closing. Bring all offers! Contact listing agent for showing appointment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,811 | 2,250 |
| Lot Size | 5,943 | 5,864 |
| Price | $725.0K | $826.7K |
| Price per sq ft | $400 | $395 |
| Built year | 1908 | 1925 |
| HOA | $0 | $0 |
| Days on market | 22 | 83 |
Jun 30, 2026
$725,000
Initial Listing