151 E 69th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

151 E 69th Street, Los Angeles, California 90003 home-pic-0
ACTIVE$1,400,000
151 E 69th Street, Los Angeles, California 90003
0Bed
0Bath
2,800Sqft
5,432Lot
Year Built
2024
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
RS25097856
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(95th), sqft - 2800(86th), beds - undefined(50th), baths - undefined(50th).

GREAT OPPORTUNITY TO INVEST IN LOS ANGELES FOR EXTRA INCOME. Newly 2 units completed in 2024 and consist of Front Unit completely remodeled including a new addition, 4 bedrooms, 3 full bathrooms, living room, family room, new kitchen, new bathroom, central A/C, new roof, new paint, stucco, new windows. Second Unit is Two story 5 bedrooms, 3 full bathrooms, new kitchen, new bathrooms, windows, roof, Central A/C, stucco, new interior and exterior paint, new electrical panels. New driveway, front and back yard for privacy for both units. This is the property you have been waiting for, AMAZING OPPORTUNITY for owner occupied or investor.

Price History

Date
Event
Price
05/24/24
Sold
$1,200,000
06/29/23
Sold
$470,000
Condition Rating
Excellent

This property was built in 2024 and the description explicitly states both units were newly completed or extensively remodeled in 2024, including new kitchens, new bathrooms, central A/C, new roof, new paint, stucco, new windows, and new electrical panels. The images confirm a modern, clean aesthetic with new wood-look tile flooring, recessed lighting, contemporary kitchen cabinets, quartz countertops, and new stainless steel appliances. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New/Extensively Renovated (2024): Both units are newly completed or extensively remodeled in 2024, ensuring modern standards, minimal immediate maintenance, and contemporary appeal with new roofs, paint, stucco, windows, and electrical panels.
Strong Income Potential (Duplex): Designed as a residential income property with two distinct units (4 bed/3 bath and 5 bed/3 bath), offering significant rental income or owner-occupancy with rental offset.
Comprehensive Modern Upgrades: Features new kitchens, new bathrooms, and central A/C in both units, providing comfort, energy efficiency, and reducing future capital expenditures for a buyer.
Spacious Multi-Unit Configuration: A total of 9 bedrooms and 6 bathrooms across two units provides ample living space, catering to larger families or maximizing rental income potential.
Enhanced Privacy & Outdoor Space: Includes a new driveway and dedicated front and back yards for privacy for both units, adding desirable outdoor living space and curb appeal.

Cons

Location Specificity: While in Los Angeles, the 90003 zip code in South Los Angeles may present specific market challenges or perceptions regarding neighborhood desirability, potentially affecting tenant pool or property appreciation compared to other LA submarkets.
Potential Market Price Sensitivity: The $1.4M list price for a duplex in this specific area might be at the higher end of the market, potentially requiring careful pricing strategy or extended market time to attract the right buyer.
Future On-Market Date Discrepancy: The listed 'on_market_date' of 2025-05-02 is in the future, which could cause confusion for potential buyers or indicate a pre-listing status that delays immediate viewing and purchase opportunities.

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