1626 1628 E 32nd, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$750,000$1,132/sqft
1626 1628 E 32nd, Los Angeles, California 90011
0Bed
0Bath
1,132Sqft
5,006Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex, offering immediate rental income and a clear investment opportunity in a high-demand market.
Top Cons:
Significant Unpermitted Structures: Contains multiple unpermitted additions, including a bedroom in the front unit and a garage with a bathroom, posing legal and financial risks for legalization or removal.
Compared to the nearby listings
Price:$750.0K vs avg $699.0K (+$51,000)59%
Size:1,132 sqft vs avg 2,076 sqft7%
Price/sqft:$663 vs avg $34093%
More Insights
Built in 1905 (121 years old).
Condition: Built in 1905, this property is over a century old. While some cosmetic updates like laminate flooring are visible in one bedroom, the kitchen features dated cabinets, older appliances, and basic fixtures, indicating it has not been extensively renovated in decades. The presence of multiple unpermitted structures (bedroom, garage bathroom) suggests a lack of proper, permitted updates and poses significant legal and potential safety concerns. The property requires substantial rehabilitation to address its age, outdated systems, and unpermitted additions.
Year Built
1905
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$663
HOA
-
Days on market
-
Sold On
-
MLS number
PW25279996
Home ConditionPoor
Features
Patio
View-
About this home
Duplex for sale in Los Angeles***Front unit has two bedrooms, one bathroom plus one bedroom not permitted***Second unit has two bedrooms one bathroom***Garage for two car with his own bathroom (no permitted) available for owner (not include in either the two units) 4 parking in back***one parking in front ***two parking for each unit***one parking for owner.***Excellent opportunity for investors!!!!
J
John Risso
Listing Agent
Condition Rating
Poor
Built in 1905, this property is over a century old. While some cosmetic updates like laminate flooring are visible in one bedroom, the kitchen features dated cabinets, older appliances, and basic fixtures, indicating it has not been extensively renovated in decades. The presence of multiple unpermitted structures (bedroom, garage bathroom) suggests a lack of proper, permitted updates and poses significant legal and potential safety concerns. The property requires substantial rehabilitation to address its age, outdated systems, and unpermitted additions.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering immediate rental income and a clear investment opportunity in a high-demand market.
Exceptional Parking Availability: Features extensive parking with 4 spaces in the back, 1 in front, 2 for each unit, and 1 for the owner, a significant asset in Los Angeles.
Strategic Los Angeles Location: Situated in Los Angeles (MLS Area C16 - Mid Los Angeles), a desirable and robust rental market.
Investor-Ready Opportunity: Explicitly marketed as an 'Excellent opportunity for investors,' highlighting its potential for cash flow and appreciation.
Generous Lot Size: A 5006 sqft lot provides ample outdoor space or potential for future development/enhancement, which is valuable in an urban setting.
Cons
Significant Unpermitted Structures: Contains multiple unpermitted additions, including a bedroom in the front unit and a garage with a bathroom, posing legal and financial risks for legalization or removal.
Advanced Property Age: Built in 1905, the property is over a century old, likely requiring substantial investment in updating infrastructure, systems, and general maintenance.
Limited Permitted Square Footage: The listed 1132 sqft for a duplex is relatively small, potentially impacting rental value and tenant appeal, especially given the unpermitted additions.