
Los Angeles, California 90011
This Fully Vacant Duplex is a Strong Value Opportunity, listed at $750,000—positioned well below the $799,172 Fair Market Value by 6%. This valuation gap offers $49,172 in Instant Equity. Featuring a Condition Rating of 2, the property includes paid-off solar systems and separate utility meters, ensuring efficient management. With flexible bonus rooms and a turnkey interior, this asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to house-hack 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 | $750,000* List Price | 0 | 0 | 1,542 | $518 | - |
A 811 E 42nd Sold | $699,000 | 4 | 2 | 1,421 | $492 | 0.8 mi |
B 3815 Paloma Sold | $750,000 | 4 | 2 | 1,236 | $607 | 0.8 mi |
C 1220 E 40th Place Sold | $593,777 | 2 | 1 | 1,080 | $550 | 0.4 mi |
D 1583 E Martin Luther King Jr Active | $639,995 List Price | 2 | 1 | 1,144 | $559 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1923 build date, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances. The interior shows new laminate flooring, recessed lighting, and fresh paint throughout. Significant value-add systems include two fully paid-off solar systems and separate utility meters, indicating updated electrical infrastructure and a move-in ready condition with no immediate maintenance needed.
The property is delivered completely vacant, providing a rare opportunity for an owner-occupant to move in immediately or for an investor to secure tenants at current market-rate rents without relocation hurdles.
Equipped with two fully paid-off solar systems and separate meters for gas, electric, and water, this setup significantly reduces overhead costs and simplifies management for a landlord.
Both the front and rear units include additional bonus rooms, offering flexible space for home offices or guest rooms, which maximizes the functional square footage and rental appeal.
Built in 1923, the property may require more frequent maintenance or updates to its century-old structural and mechanical systems compared to newer builds.
The majority of the immediate neighborhood public schools carry low performance ratings, which could be a limiting factor for families prioritizing educational rankings.
FULLY VACANT DUPLEX | PAID-OFF SOLAR | SEPARATE METERS Why buy one home when you can own two? This fully vacant Los Angeles duplex offers a powerful opportunity for both owner-occupants and investors. Both units are move-in ready and in great condition — live in one and rent the other, or generate immediate rental income from day one with both units delivered vacant. Paid-off solar panels keep utility costs low, and separate gas and electric meters give you flexibility for tenant billing. Rear driveway provides off-street parking. Property sold in AS-IS condition. Easy to show schedule your showing today!
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 | 1,664.159 |
| Lot Size | 4,829 | 6,066.556 |
| Price | $750.0K | $1.35M |
| Price per sq ft | $486 | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 8 | 55 |
Sep 1, 2026
$750,000
Initial Listing
Dec 2, 2024
$860,000
Public Record
Apr 2, 2024
$550,000
Public Record
Apr 1, 2024
$525,000
Public Record