1526 E 32nd Street, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath

1526 E 32nd Street, Los Angeles, California 90011 home-pic-0
ACTIVE$715,000$1,700/sqft
1526 E 32nd Street, Los Angeles, California 90011
0Bed
0Bath
1,700Sqft
3,563Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: As a duplex, the property offers immediate potential for rental income from two units, making it an attractive investment or owner-occupant opportunity.
Top Cons:
Requires Significant Renovation: The property 'may need some TLC' and 'updating,' implying that a buyer should anticipate substantial capital expenditure for modernization and improvements.

Compared to the nearby listings

Price:$715.0K vs avg $699.0K (+$16,000)59%
Size:1,700 sqft vs avg 2,076 sqft28%
Price/sqft:$421 vs avg $34076%

More Insights

Built in 1985 (41 years old).
Condition: Built in 1985, this duplex is 39 years old and aligns with the 'Fair' condition criteria. The listing description notes it 'may need some TLC' and 'with some updating, it could easily become a modern, stylish home.' Images show functional but outdated kitchens with older cabinet styles and tiled flooring throughout. Popcorn ceilings are visible, and one unit appears to have a wall heater, indicating a lack of central HVAC. While the property seems well-maintained for its age, it has not undergone significant recent renovations and shows signs of being outdated, requiring cosmetic and system updates to meet current standards.
Year Built
1985
Close
-
List price
$715K
Original List price
$730K
Price/Sqft
$421
HOA
-
Days on market
-
Sold On
-
MLS number
RS25022525
Home ConditionFair
Features
Patio
View-

About this home

This duplex features 2 bedrooms 1 bath eat unit. While the property may need some TLC, the bones are strong, and with some updating, it could easily become a modern, stylish home or an ideal investment opportunity. Both units would be delivered VACANT at the close of escrow.

A
Azeneth Gonzalez
Listing Agent

Nearby schools

4/10
Nevin Avenue Elementary School
Public,K-50.1mi
4/10
Ascot Avenue Elementary School
Public,K-50.7mi
3/10
Wadsworth Avenue Elementary School
Public,K-50.7mi
5/10
Twentieth Street Elementary School
Public,K-50.7mi
4/10
Quincy Jones Elementary School
Public,K-50.8mi
2/10
Harmony Elementary School
Public,K-50.8mi
3/10
Twenty-Eighth Street Elementary School
Public,K-50.9mi
3/10
Sally Ride Elementary: A Smart Academy
Public,K-50.9mi
2/10
Hooper Avenue Elementary School
Public,1-51.2mi
2/10
Holmes Avenue Elementary School
Public,K-61.2mi
2/10
Forty-Ninth Street Elementary School
Public,K-51.3mi
2/10
Aurora Elementary School
Public,K-51.3mi
5/10
Lillian Street Elementary School
Public,K-61.8mi
5/10
Pacific Boulevard School
Public,K-52.0mi
5/10
Estrella Elementary School
Public,K-52.1mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,6-80.2mi
3/10
George Washington Carver Middle School
Public,6-81.0mi
6/10
Vernon City Elementary School
Public,K-71.1mi
3/10
Los Angeles Academy Middle
Public,6-81.7mi
3/10
Thomas A. Edison Middle School
Public,6-82.1mi
3/10
Henry T. Gage Middle School
Public,6-82.8mi
3/10
Nava College Preparatory Academy
Public,9-120.3mi
2/10
Thomas Jefferson Senior High School
Public,9-120.3mi
5/10
Santee Education Complex
Public,9-121.4mi
4/10
Huntington Park Senior High School
Public,9-122.4mi
5/10
STEM Academy of Boyle Heights HS
Public,9-122.7mi
5/10
Felicitas And Gonzalo Mendez High
Public,9-122.8mi
3/10
John C. Fremont Senior High School
Public,9-123.2mi

Price History

Date
Event
Price
05/24/02
Sold
$165,000
Condition Rating
Fair

Built in 1985, this duplex is 39 years old and aligns with the 'Fair' condition criteria. The listing description notes it 'may need some TLC' and 'with some updating, it could easily become a modern, stylish home.' Images show functional but outdated kitchens with older cabinet styles and tiled flooring throughout. Popcorn ceilings are visible, and one unit appears to have a wall heater, indicating a lack of central HVAC. While the property seems well-maintained for its age, it has not undergone significant recent renovations and shows signs of being outdated, requiring cosmetic and system updates to meet current standards.
Pros & Cons

Pros

Income-Generating Duplex: As a duplex, the property offers immediate potential for rental income from two units, making it an attractive investment or owner-occupant opportunity.
Vacant Delivery: Both units will be delivered vacant at the close of escrow, providing immediate flexibility for renovations, setting market-rate rents, or owner-occupancy without tenant relocation challenges.
Strong Structural Foundation: The description highlights 'strong bones,' indicating a solid underlying structure that minimizes the risk of major foundational or structural repairs during renovation.
Renovation Upside Potential: With updating, the property has significant potential to be transformed into a modern, stylish home or a high-value investment, allowing for substantial equity growth.
Recent Price Adjustment: The property has seen a recent price reduction from $730,000 to $715,000, potentially indicating a motivated seller and a more competitive buying opportunity.

Cons

Requires Significant Renovation: The property 'may need some TLC' and 'updating,' implying that a buyer should anticipate substantial capital expenditure for modernization and improvements.
Older Construction: Built in 1985, the property is nearly 40 years old, suggesting that major systems (plumbing, electrical, HVAC) and finishes may be original and nearing the end of their useful life, requiring replacement.
Limited Bathroom Count Per Unit: Each unit features only 1 bathroom, which might be a limiting factor for some prospective tenants or owner-occupants who prefer more facilities.
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