
Los Angeles, California 90006
Analysis of 1732 S New England, Los Angeles, California 90006 is currently available with a list price of $2,725,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1961, making it over 60 years old. The visible window-mounted air conditioning units strongly indicate outdated HVAC systems. The MLS listing itself highlights the 'Age of Building' as a weakness, noting the potential for 'significant capital expenditures for renovations or repairs' due to implied outdated building systems (plumbing, electrical, HVAC). Without any interior images, particularly of kitchens and bathrooms, it is highly probable that these critical areas, along with other interior components, are significantly dated and would require substantial repairs and rehabilitation to meet current quality and comfort standards. The exterior appears maintained but reflects its age.
The property is an 8-unit apartment building, offering diversified income streams and strong cash flow potential for investors.
Located in a 'high rental area' and 'downtown area near schools, stores,' indicating robust tenant demand and potential for stable occupancy rates.
Explicitly described as a 'Low maintenance property,' which can significantly reduce ongoing operational costs and management effort for the owner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5579, other record living area = 5639.
Constructed in 1961, the property is over 60 years old, which may imply outdated building systems (e.g., plumbing, electrical, HVAC) and potential for significant capital expenditures for renovations or repairs.
The description lacks crucial details such as current rental income, occupancy rates, individual unit conditions, or recent upgrades, making it difficult for investors to assess immediate cash flow and required investment without further due diligence.
8 unit apartment building located downtown area near schools, stores. units are located in high rental area. Low maintenance property. ***Also selling adjacent building 1724 S New England
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 5,579 | 4,571.5 | 50% |
| Lot Size | 7,934 | 6,919.5 | 50% |
| Price | $2.73M | $1.90M | 50% |
| Price per sq ft | $488 | $396 | 50% |
| Built year | 1961 | 1959 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 132 | 218 | 50% |
Dec 11, 2025
$2,725,000
Initial Listing