
Los Angeles, California 90062
This Historic Craftsman Duplex represents a strategic Value-Add Asset with a List Price of $789,900, positioned closely to its $778,206 Fair Market Value. Holding a Poor Condition Rating, this 1922 structure requires a comprehensive renovation of its primary systems to modernize the units and maximize investment yield. Located on a generous 6,715 sqft lot within the Los Angeles Unified district near USC and Exposition Park, the property benefits from consistently high rental demand. This acquisition is an ideal project for Fix-and-Flip Investors or Buy-and-Hold Investors looking to generate significant forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1723 Browning Blvd. Subject | $769,900* List Price | 2 | 2 | 1,768 | $403 | - |
A 4284 La Salle Sold | $800,000 | 4 | 2 | 2,119 | $378 | 0.5 mi |
B 3959 Halldale Active | $949,000 List Price | 0 | 0 | 2,086 | $455 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922 and explicitly described as a 'fixer' requiring 'significant renovation,' this property is in poor condition. The exterior images show severe deferred maintenance, including peeling paint and an old roof. The property analysis confirms 'outdated systems (plumbing, electrical, HVAC)' that require 'extensive upgrades to meet current safety and efficiency codes.' While no interior images are provided, it's highly probable that the kitchen and bathrooms are original or very old, non-functional, and require complete replacement, along with all major systems.
Nestled in the heart of Los Angeles, the property offers exceptional convenience to transportation, local businesses, major freeways, dining, USC, museums, and shopping centers.
As a duplex and designated 'Residential Income' property, it presents a strong opportunity for rental income or multi-generational living.
The property boasts a 'charming historic craftsman' architectural style, appealing to buyers who appreciate classic design and character.
Described as a 'fixer,' the property will require significant renovation, repairs, and capital investment to bring it to modern standards and maximize its value.
Built in 1922, the property likely has outdated systems (plumbing, electrical, HVAC) and may require extensive upgrades to meet current safety and efficiency codes.
The property has undergone a recent price reduction from $822,000 to $789,900, which could indicate initial overpricing or market resistance.
Investors delight, this charming historic craftsman fixer, nestled in the heart of Los Angeles, pride to own a piece of property enjoying the conveniences of the city such as transportation, local businesses, major freeways, dining restaurants, near the most sought education entity USC, museums, shopping center.... must see to appreciate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 0.0 | 64% |
| Baths | 2.0 | 0.0 | 64% |
| Square foot | 1,768 | 2,331 | 18% |
| Lot Size | 6,715 | 5,758 | 73% |
| Price | $769.9K | $862.5K | 36% |
| Price per sq ft | $435 | $372 | 64% |
| Built year | 1922 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 333 | 233 | 0% |
Apr 17, 2026
$769,900
$789,900
-3% Price Drop
Initial Listing
Aug 1, 2025
$789,900
Initial Listing
May 24, 2025
$822,000
Initial Listing