
Los Angeles, California 90033
This duplex represents a Strong Value Opportunity, listed at $899,990—positioned well below the $852,396 Fair Market Value by 5%. Featuring a 3-bedroom front house and 2-bedroom back unit, the property offers a Condition Rating of 3, providing immediate rental viability. The LARD1.5 zoning on this 7,499-square-foot lot creates significant long-term development potential for up to seven units. Its proximity to the USC Health Sciences Campus ensures consistent tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1542 Ricardo Subject | $899,990* List Price | 5 | 4 | 2,361 | $361 | - |
A 2732 Malabar Street Sold | $678,800 | 0 | 0 | 2,272 | $299 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained following a recent cosmetic refresh. Updates include new laminate flooring, fresh interior paint, and recessed lighting throughout. While the kitchen features dated oak cabinetry (likely 15+ years old), it is functional with newer stone countertops. The exterior and systems show age (window AC units, popcorn ceilings), but the overall condition is functional and suitable for immediate occupancy or rental.
The oversized 7,499-square-foot lot zoned LARD1.5 offers exceptional investment upside, with the potential to develop up to four primary townhomes and three bonus units.
Situated minutes from the USC Health Sciences Campus and Los Angeles General Medical Center, the property is perfectly positioned to attract high-quality tenants in the healthcare field.
The dual-unit configuration, featuring a 3-bedroom front house and a renovated 2-bedroom back unit, provides an ideal setup for owner-occupiers looking to house-hack or investors seeking immediate cash flow.
The absence of a garage and reliance on a shared tandem driveway may be a significant drawback for multi-vehicle households or tenants prioritizing secure parking.
Built in 1910, the property's age may necessitate more frequent maintenance or costly system upgrades compared to newer builds, despite recent cosmetic refreshments.
This freshly painted duplex in Boyle Heights sits on a 7,499-square-foot lot zoned LARD1.5, offering a functional two-unit setup with significant long-term development potential. The detached front house features a light-filled three-bedroom, two-bathroom layout with an open floor plan, hardwood floors, recessed lighting, large closets, and a bonus office room with dedicated laundry hookups. The back unit provides a two-bedroom, 1.5-bathroom living space with a renovated kitchen, its own laundry hookups, and bright recessed lighting, making it ideal to rent out while living in the front. There is no garage on the property, but residents can park multiple cars in the long, shared tandem driveway, and both units utilize private basement spaces for out-of-sight storage. Strategically located for professionals, the property is minutes from the USC Health Sciences Campus and Los Angeles General Medical Center (formerly LAC+USC), with quick access to the I-10, 710, and I-5 freeways for fast commutes to Downtown LA and Dodger Stadium. Additionally, the LARD1.5 zoning provides the future option to build up to four primary townhomes and three bonus units, which the buyer must verify directly with the city.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 85% |
| Baths | 4.0 | 0.0 | 92% |
| Square foot | 2,361 | 2,272 | 62% |
| Lot Size | 7,499 | 6,072 | 85% |
| Price | $900.0K | $775.0K | 85% |
| Price per sq ft | $381 | $318 | 69% |
| Built year | 1910 | 1911 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 132 | 8% |
Jun 4, 2026
$899,990
Initial Listing
Nov 4, 2020
$620,000
Public Record