
Los Angeles, California 90026
This High-Potential Investment Opportunity is a Duplex listed at $1,179,750, positioned above the $1,127,468 Fair Market Value. While the property requires significant capital improvements due to its Condition Rating of 5, the Dual-Unit Versatility provides a clear path for rental income or multigenerational living. The 1900-built structure features a basement and City Lights view, offering unique value-add potential. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to modernize the aging infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1465 W Temple Street Subject 7 bd · 4 ba · 2,165 sqft · $521 | $1,179,750* List Price | 7 | 4 | 2,165 | $521 | - |
A 1131 Echo Park Ave Active 0 bd · 0 ba · 2,080 sqft · $505 · 0.5 mi | $1,050,000 List Price | 0 | 0 | 2,080 | $505 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1900, this property shows significant signs of deferred maintenance and aged systems. The kitchens and bathrooms are dated (estimated >30 years), featuring worn cabinetry, older tile flooring, and makeshift repairs like foil-covered walls. The exterior exhibits peeling paint and weathered siding, indicating the need for a comprehensive rehab rather than minor updates.
The property features two detached homes on a single lot, offering an exceptional opportunity for rental income, multigenerational living, or a 'live-in-one, rent-the-other' investment strategy.
Situated in one of Los Angeles' most sought-after neighborhoods, the property is ideally located near trendy cafes, vibrant parks, and urban amenities, ensuring high tenant demand and long-term appreciation.
The inclusion of a basement provides rare and significant additional space for storage or organization, a highly functional feature that helps maximize the utility of the primary living areas.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
With 7 bedrooms and 4 bathrooms configured within only 2,165 square feet, the individual rooms and common living areas are likely to feel undersized or cramped for modern living standards.
Built in 1900, the property may require substantial ongoing maintenance or capital improvements to modernize aging electrical, plumbing, and structural systems typical of homes from this era.
Nestled in the heart of Echo Park, this rare property offers two detached homes on one lot, each with its own private entrance, creating an exceptional opportunity for homeowners, investors, or multigenerational living. The front residence features 4 spacious bedrooms and 2 bathrooms, offering a functional layout with generous living spaces filled with natural light. The back home includes 3 bedrooms and 2 bathrooms, providing privacy and comfort with its own separate entrance and independent living area. Whether you're looking to live in one home while generating rental income from the other, accommodate extended family, or add a valuable asset to your investment portfolio, this versatile property offers endless possibilities. Ideally located near Echo Park's popular restaurants, cafés, parks, and vibrant neighborhood attractions, you'll enjoy the perfect blend of urban convenience and residential charm. This home also features a basement, providing valuable bonus space for storage. Whether you need room for seasonal decorations, outdoor gear, tools, or household essentials, the basement offers a convenient place to keep everything organized while freeing up living space throughout the home. Don't miss this unique opportunity to own two separate homes on one lot in one of Los Angeles' most sought-after neighborhoods.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.5 |
| Baths | 4.0 | 2.9 |
| Square foot | 2,165 | 2,090.331 |
| Lot Size | 5,730 | 5,852.908 |
| Price | $1.18M | $830.9K |
| Price per sq ft | $545 | $394 |
| Built year | 1900 | 1928 |
| HOA | $0 | $0 |
| Days on market | 117 | 87 |
Aug 10, 2026
$1,179,750
$1,199,750
-2% Price Drop
Initial Listing
Jul 15, 2026
$1,199,750
Initial Listing
Jan 30, 2001
$178,000
Public Record