
Los Angeles, California 90003
This 2-on-a-lot Residential Income Asset is listed at $824,900, which sits slightly above the $790,151 Fair Market Value. While the property does not offer instant equity, it provides a Move-in Ready Condition Rating following recent comprehensive renovations, including new windows and updated interiors. The versatile unit mix of a 3BR/2BA and 2BR/1BA, combined with a long driveway and generous backyard, ensures strong rental demand and long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, low-maintenance income-generating property in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 150 E 70th Street Subject 0 bd · 0 ba · 1,505 sqft · $525 | $824,900* List Price | 0 | 0 | 1,505 | $525 | - |
A 146 W 81st Sold 0 bd · 0 ba · 1,820 sqft · $412 · 0.7 mi | $749,999 | 0 | 0 | 1,820 | $412 | 0.7 mi |
B 215 E 76 Place Active 0 bd · 0 ba · 1,378 sqft · $566 · 0.4 mi | $780,000 List Price | 0 | 0 | 1,378 | $566 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1924, the property has undergone a comprehensive recent renovation (likely <5 years). Images show new dual-pane vinyl windows, fresh exterior stucco and paint, new interior paint, updated six-panel doors, and new carpeting, indicating a move-in ready condition with no immediate maintenance required.
The '2 on a lot' configuration featuring a 3-bedroom front unit and a 2-bedroom rear unit provides excellent versatility for rental income or multi-generational living.
A long driveway and a generous backyard offer rare urban conveniences for multiple vehicles and private outdoor entertaining in a dense Los Angeles neighborhood.
The combination of a 3BR/2BA and a 2BR/1BA unit is highly attractive to families and high-quality tenants, maximizing the property's utility and marketability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1505, other record living area = 1431.
The property was recently sold within the past year on 2026-04-17. The sold price is $465,000.00.
Built in 1924, the property may require significant capital expenditures for updates to aging systems such as plumbing, electrical, and foundation to meet modern standards.
Great opportunity to own this 2 ON A LOT in Los Angeles featuring a spacious 3-bedroom, 2-bath front unit and a 2-bedroom, 1-bath rear unit. The property offers a long driveway with ample parking and a generous backyard perfect for outdoor gatherings, entertaining, or relaxing. With two separate units and plenty of outdoor space, this property is ideal for owner-occupants or extended families looking for comfortable and versatile living opportunity in the heart of Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,505 | 2,090.331 |
| Lot Size | 4,743 | 5,852.908 |
| Price | $824.9K | $830.9K |
| Price per sq ft | $548 | $394 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 3 | 87 |
Nov 6, 2026
$824,900
Initial Listing
Apr 17, 2026
$465,000
Public Record
Aug 2, 2013
$229,500
Public Record