
Los Angeles, California 90011
This Vacant Duplex represents a High-Potential Investment Opportunity, listed at $875,000—positioned slightly above the $870,722 Fair Market Value. Despite the minor premium, the property offers significant stability with its Mint Condition Rating following a comprehensive renovation. Featuring two independent, paid-off solar systems and separate utility metering, this asset ensures long-term operational efficiency. With its versatile layout and immediate vacancy, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income to offset mortgage costs in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1471 E 41st Subject | $875,000* List Price | 0 | 0 | 1,542 | $565 | - |
A 3815 Paloma Sold | $750,000 | 4 | 2 | 1,236 | $607 | 0.8 mi |
B 811 E 42nd Active Under Contract | $699,000 List Price | 4 | 2 | 1,421 | $492 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1923, the property has undergone a comprehensive recent renovation within the last 5 years. It features a fully modernized kitchen with new white shaker cabinets, quartz countertops, and stainless steel appliances, along with updated flooring, recessed lighting, updated windows, paid-off solar panels, and fresh interior/exterior paint, making it in mint, move-in ready condition.
Both units are delivered vacant, offering a rare opportunity for owner-occupants to utilize favorable financing or for investors to immediately lease at current market rates.
The property features two independent, fully paid-off solar systems, providing significant long-term utility savings and increasing the overall value of the investment.
Independent meters for gas, electric, and water for each unit simplify property management and ensure tenants are responsible for their own utility costs.
The inclusion of 'bonus rooms' requires buyer verification for legal permits and occupancy status, which may impact future appraisal values or financing options.
Built in 1923, the property may require ongoing maintenance or upgrades to aging structural and mechanical systems typical of century-old residences.
**VACANT DUPLEX WITH PAID-OFF SOLAR – OWNER-OCCUPANT & INVESTMENT OPPORTUNITY!** Welcome to this exceptional duplex featuring two separate homes on one lot in a desirable Los Angeles location. Both units are vacant and ready for immediate occupancy, offering outstanding flexibility for owner-occupants, multi-generational living, or investors seeking immediate rental income. The front home features 1 bedroom, 1 bathroom, and a bonus room, while the rear home offers 2 bedrooms, 1 bathroom, and a bonus room, providing versatile living arrangements to meet a variety of needs. The property is equipped with two independent paid-off solar systems, as well as separate gas, electric, and water meters for each unit, adding convenience and long-term efficiency. Newly landscaped front and rear yards enhance the property's curb appeal and outdoor living space. Whether you choose to live in one home while generating rental income from the other or lease both units as an investment, this property offers exceptional flexibility and long-term value. Conveniently located near Downtown Los Angeles, major freeways, schools, shopping, parks, and local amenities, this is an outstanding opportunity to own a versatile income-producing property in one of Los Angeles' most accessible locations. Buyer is advised to independently verify square footage, permits, records, and the current use of the bonus rooms.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,542 | 1,672 |
| Lot Size | 4,829 | 6,067 |
| Price | $875.0K | $1.37M |
| Price per sq ft | $567 | $801 |
| Built year | 1923 | 1939 |
| HOA | $0 | $348 |
| Days on market | 26 | 56 |
Jun 26, 2026
$875,000
Initial Listing
Dec 2, 2024
$860,000
Public Record
Apr 2, 2024
$550,000
Public Record
Apr 1, 2024
$525,000
Public Record