
Los Angeles, California 90011
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $925,000—positioned above the $881,693 Fair Market Value. While the list price exceeds the current estimate, the property features a Condition Rating of 2, reflecting a total permitted renovation with modern HVAC and finishes. This turnkey asset offers immediate rental readiness, minimizing capital expenditure. The dual-unit configuration provides excellent flexibility for house-hacking or maximizing cash flow. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, low-maintenance income stream in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1620 E 33rd Subject | $925,000* List Price | 0 | 0 | 1,615 | $546 | - |
A 4014 Mckinley Avenue Pending | $949,000 List Price | 0 | 0 | 1,536 | $618 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a total permitted renovation within the last 5 years. It features brand new kitchens with modern shaker cabinets and quartz countertops, new flooring, recessed lighting, and updated HVAC systems (mini-splits) in both units, requiring no immediate maintenance.
The property has been completely rehabilitated with proper permits, offering a move-in-ready experience that minimizes immediate capital expenditure and maintenance for the buyer.
Configured as a duplex with a 3-bedroom front unit and a 2-bedroom back unit, the property provides excellent flexibility for house-hacking or generating multiple rental income streams.
Both units feature newly installed split systems for heating and cooling, a significant modern upgrade that enhances tenant comfort and energy efficiency in a historic 1916 structure.
The property was recently sold within the past year on 2026-05-06. The sold price is $580,500.00.
The majority of the surrounding public schools carry low performance ratings, which may deter families and impact long-term residential demand.
Despite the total rehab, the property's 1916 original construction date may present underlying structural or plumbing limitations inherent to century-old buildings.
Property Totally Renovated with the proper Permits. Front Unit consists of 3 bedroom and 2 bath and the Back Unit is 2 bedroom and 1 Bath. Centrally located in a very desirable area of Los Angeles. Both Units have the new Split System for Cooling and Heating . Both units have been rehabbed and look great. Also, Per seller new stove will be installed in both units. Near Main Colleges and Transportations.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,615 | 2,187.451 |
| Lot Size | 5,156 | 5,841.385 |
| Price | $925.0K | $841.5K |
| Price per sq ft | $573 | $385 |
| Built year | 1916 | 1928 |
| HOA | $0 | $0 |
| Days on market | 19 | 85 |
Aug 21, 2026
$925,000
Initial Listing
May 6, 2026
$580,500
Public Record