
Los Angeles, California 90022
This property presents a High-Potential Investment Opportunity with a List Price of $635,000—positioned well above the $554,230 Fair Market Value by -14%. While the property requires significant modernization due to its Condition Rating of 5, the 5,597 sf corner lot and two-car garage offer prime ADU conversion potential. Located near major freeways, this asset provides strong rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to execute a value-add renovation strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1513 Hendricks Subject 0 bd · 0 ba · 1,464 sqft · $379 | $635,000* List Price | 0 | 0 | 1,464 | $379 | - |
A 731 Hendricks Sold 4 bd · 3 ba · 1,908 sqft · $320 · 0.6 mi | $610,000 | 4 | 3 | 1,908 | $320 | 0.6 mi |
B 731 Hendricks Sold 0 bd · 0 ba · 1,908 sqft · $320 · 0.6 mi | $610,000 | 0 | 0 | 1,908 | $320 | 0.6 mi |
C 6554 E Olympic Pending 0 bd · 0 ba · 1,661 sqft · $491 · 0.6 mi | $815,000 | 0 | 0 | 1,661 | $491 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1956 and over 60 years old with no evidence of major renovations. The kitchen is significantly dated with old cabinetry, linoleum flooring, and a cluttered layout that requires a full rehab. The presence of a wall heater indicates outdated HVAC systems, and the overall interior condition suggests the need for substantial modernization.
The two-car attached garage and spacious corner lot provide a prime opportunity for an ADU conversion, allowing investors to add a third unit and significantly increase rental yield.
Excellent proximity to the 710, 60, and 5 freeways, along with easy access to Downtown Los Angeles, ensures high tenant demand and long-term desirability.
Priced at $635,000, this property is positioned as one of the most affordable duplexes in the neighborhood, offering a low-barrier entry for savvy investors or house-hackers.
With both units currently occupied, new owners may face challenges regarding immediate renovations, market-rate rent adjustments, or moving in as an owner-occupant.
Built in 1956, the property likely requires modernization of major systems and cosmetic updates to compete with newer or fully renovated income properties in the area.
Welcome to this charming single-story corner duplex sits in one of East Los Angeles’s most sought-after neighborhoods and is priced to sell quickly. Conveniently located near parks, schools, transportation, shopping centers, and major freeways like the 710, 60, and 5, it offers easy access to Downtown and surrounding cities. Both units are occupied, each featuring a spacious two-bedroom, one-bath layout with approximately 1,464 square feet of living space combine on a spacious 5,597 sf corner lot. The property includes a two-car attached garage, ideal for potential ADU conversion, plus a long driveway currently used by tenants for private parking. Each unit has its own front entrance with a private grassy area, along with a cozy backyard patio and laundry space off the garage with rear access. This property won’t be on the market for long—one of the most affordable duplexes in the neighborhood. Bring your savvy buyers who are on the hunt for their next great deal!
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 | 1,464 | 2,090.331 |
| Lot Size | 5,597 | 5,852.908 |
| Price | $635.0K | $830.9K |
| Price per sq ft | $434 | $394 |
| Built year | 1956 | 1928 |
| HOA | $0 | $0 |
| Days on market | 21 | 87 |
Oct 19, 2026
$635,000
Initial Listing
Aug 26, 2025
$600,000
Public Record