143 E Avenue 32, Los Angeles, California 90031, Los Angeles, 90031 - 0 bed, 0 bath
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143 E Avenue 32
Los Angeles, California 90031
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,816Sq Ft
5,639Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$644,614
20% AboveMARKET VALUE
SUMMARY
This Duplex Residential Income Asset represents a High-Potential Investment Opportunity, listed at $835,000—positioned well below the $835,628 Fair Market Value by 0.07%. With a Condition Rating of 5, the property features recent infrastructure upgrades including a 2026 roof, copper plumbing, and new electrical. The generous 5,639 sqft lot provides significant ADU Development Potential to maximize rental yields. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to modernize a well-positioned, income-generating asset in Los Angeles.
Estimated Market Value
$644,614
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 143 E Avenue 32 Subject 0 bd · 0 ba · 1,816 sqft · $355 | $775,000* List Price | 0 | 0 | 1,816 | $355 | - |
A 4017 Griffin Sold 0 bd · 0 ba · 1,600 sqft · $341 · 0.7 mi | $545,000 | 0 | 0 | 1,600 | $341 | 0.7 mi |
B 2229 Hancock Street Sold 0 bd · 0 ba · 2,394 sqft · $316 · 0.8 mi | $757,000 | 0 | 0 | 2,394 | $316 | 0.8 mi |
C 2044 Workman Street Pending 0 bd · 0 ba · 1,844 sqft · $461 · 0.9 mi | $849,999 List Price | 0 | 0 | 1,844 | $461 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1890, this property is over 130 years old and explicitly described as needing refurbishment. While major systems like the roof, electrical, and plumbing have been recently updated and mini-split HVAC units added, the kitchens and bathrooms are severely dated (30-50+ years) with significant wear. The interior finishes, including cabinetry and flooring, require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Development Potential
The property features a generous 5,639 sqft lot, providing a significant opportunity to build an Accessory Dwelling Unit (ADU) to maximize rental income and overall property value.
- Major Infrastructure Upgrades
Significant capital improvements have been completed, including copper plumbing, new electrical services, a new roof (2026), and the installation of modern mini-split HVAC units.
- Optimized Utility Configuration
The duplex is equipped with separate gas and electric meters and individual water heaters for each unit, effectively lowering owner overhead and simplifying property management.
CONSRISKS & DEFICIENCIES
- Deferred Interior Maintenance
The units are in older condition and require comprehensive refurbishment and cosmetic upgrades to reach their full market potential and command higher rents.
- Restricted Access for Due Diligence
The property is tenant-occupied with inspections only permitted upon an accepted offer, which may present challenges for buyers during the initial evaluation phase.
About 143 E Avenue 32
Duplex with 2 stories for each unit. Good size lot, which may allow for ADU to be built. Separate gas and electric services and separate water heaters. Several mini-split HVAC units. Units are older and in need of refurbishment and upgrades. Copper plumbing upgrades, new electrical services, some new windows and new roof (2026). Please see all photos before making an offer. Inspection with accepted offer. Please do not go onto property or disturb tenants.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1890
- Lot Size
- 5,639 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hillside Elementary School
Grades K-5 • 0.2 mi
2/10
Loreto Street Elementary School
Grades K-5 • 0.4 mi
4/10
Gates Street Elementary School
Grades K-5 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,816 | 2,090.331 |
| Lot Size | 5,639 | 5,852.908 |
| Price | $775.0K | $830.9K |
| Price per sq ft | $427 | $394 |
| Built year | 1890 | 1928 |
| HOA | $0 | $0 |
| Days on market | 39 | 87 |
Pricing History
Listed for Sale
Oct 21, 2026
$775,000
$835,000
-7% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$835,000
Initial Listing