
Los Angeles, California 90059
This newer construction duplex represents a Strong Value Opportunity, listed at a List Price of $1,190,000—positioned well below the $1,270,435 Fair Market Value by 6%. This valuation gap provides $80,435 in Instant Equity for the buyer. Featuring a 2020 Year Built and an Excellent Condition Rating, this asset offers modern systems and high-capacity rental potential with two 5-bedroom units. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1645 E 117th Street Subject | $1,190,000* List Price | 0 | 0 | 3,714 | $342 | - |
A 1783 E Imperial Highway Sold | $1,088,000 | 0 | 0 | 3,372 | $323 | 0.2 mi |
B 1512 E 108th Sold | $1,306,500 | 0 | 0 | 3,815 | $342 | 0.6 mi |
C 1671 E Imperial Sold | $1,135,000 | 0 | 0 | 3,150 | $360 | 0.1 mi |
D 1503 E 112th Active | $1,050,000 List Price | 0 | 0 | 4,096 | $256 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old. As a newer construction duplex, it features modern systems, contemporary kitchens and bathrooms, and requires no immediate maintenance.
Built in 2020, this newer duplex offers modern building standards, energy efficiency, and significantly lower immediate maintenance requirements compared to older multi-family inventory in the area.
The rare configuration of 5 bedrooms and 4 bathrooms per unit maximizes potential rental income, making it an ideal candidate for large families or high-value subsidized housing programs.
The inclusion of a detached three-car garage provides a premium amenity that is often scarce in Los Angeles multi-unit properties, enhancing tenant retention and convenience.
With a total of 10 bedrooms across two units, the high occupant density may lead to increased wear and tear and more intensive property management oversight.
Listed at $1.19M, the property sits at the higher end of the 90059 market, requiring strong rental yields to achieve a competitive capitalization rate for investors.
Newer duplex featuring two spacious units, each offering 5 bedrooms and 4 bathrooms, plus a detached 3 car garage. Each unit provides generous living space and excellent rental potential. Ideal for an owner user looking to live in one unit while generating rental income from the other, or for investors seeking a strong income producing property. Conveniently located near major freeways, shopping centers, dining, and everyday amenities. A great opportunity to own a versatile duplex with excellent potential for both comfortable living and investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,714 | 2,187.451 |
| Lot Size | 6,482 | 5,841.385 |
| Price | $1.19M | $841.5K |
| Price per sq ft | $320 | $385 |
| Built year | 2020 | 1928 |
| HOA | $0 | $0 |
| Days on market | 22 | 85 |
Aug 18, 2026
$1,190,000
Initial Listing
Aug 11, 2020
$870,000
Public Record
Mar 29, 2018
$535,000
Public Record
Mar 29, 2018
$130,000
Public Record