
Los Angeles, California 90025
This High-Potential Investment Opportunity is listed at $2,525,000, positioned above the $2,360,540 Fair Market Value. While the property requires significant capital improvements due to its Condition Rating of 5, the unique configuration of a duplex and a detached single-family home across two parcels provides exceptional rental yield potential near UCLA. The asset offers a rare chance to capitalize on high-demand Westwood market rents through strategic renovation. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking a multi-parcel income stream.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1437 Greenfield Avenue Subject | $2,525,000* List Price | 0 | 0 | 3,178 | $743 | - |
A 2054 Manning Avenue Sold | $2,210,000 | 4 | 3 | 2,189 | $1,010 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1932 and shows no evidence of recent interior renovations. The bathrooms feature highly dated tile work and fixtures likely exceeding 30-40 years in age. Hardwood floors appear worn and the overall interior, including windows and plaster, suggests the need for a comprehensive rehab to update systems and finishes to modern standards.
Situated within walking distance to Westwood Village and UCLA, the property is located in a high-demand area that ensures low vacancy rates and appeals to both students and professionals.
The unique configuration of a duplex plus a detached single-family home across two parcels allows for multiple rental streams and the ability to capitalize on top-tier market rents.
The English Tudor design combined with newly landscaped front and back yards provides significant curb appeal and a timeless aesthetic that distinguishes it from standard income properties.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5499, other record lot size in square feet = 2718. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3178, other record living area = 1274.
The requirement to purchase two adjoining parcels together increases the total acquisition cost and may complicate financing options or limit the pool of potential buyers.
Dating back to 1932, the property likely requires ongoing maintenance or capital improvements to modernize systems and maintain its competitive edge in the rental market.
EXCEPTIONAL ENGLISH TUDOR INCOME PROPERTY IN ONE OF THE BEST AREAS, WALK TO WESTWOOD VILLAGE, UCLA. THE PARK PROPERTY OFFERS: 2 ADJOINING PARCELS, MUST SELL TOGETHER: FEATURES 1 DUPLEX 4BRM,2-BATHS 1904 SQFT. FOR EACH UNIT HAS A TERRIFIC PLAN & SINGLE-FAMILY DETACHED HOUSE WITH 3 BRM,1.5 BATHS, 1274 SQ FT. THE PROPERTY INCLUDES NEW LANDSCAPE GROUNDS, FRONT AND BACK YARDS. THIS RARE PROPERTY OFFERING IS PRESENTED TO BUYERS OR INVESTORS WITH A UNIQUE OPPORTUNITY TO CAPITALIZE ON THE HIGHER MARKET RENTS. Additional address: 11007, 11009 Ohio Ave, Los Angeles, CA 90025.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,178 | 1,664.159 |
| Lot Size | 5,499 | 6,066.556 |
| Price | $2.52M | $1.35M |
| Price per sq ft | $795 | $806 |
| Built year | 1932 | 1939 |
| HOA | $0 | $278 |
| Days on market | 190 | 55 |
Mar 3, 2026
$2,525,000
Initial Listing