1741 S New England Street, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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1741 S New England Street
Los Angeles, California 90006
ACTIVE
CONDITION: POOR
0Beds
0Baths
3,118Sq Ft
6,622Lot Size
Property Price
LIST PRICE$849,900
EST. MARKET VALUE
$783,738
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $849,900—positioned well below the $783,738 Fair Market Value (Note: Market data indicates a premium pricing strategy relative to current estimates). Featuring RD1.5 Zoning and a 3,118 sqft footprint, the asset offers significant upside through ADU conversion of the two attached 2-car garages. With a Condition Rating of 5, the structure requires substantial rehabilitation. This is a strategic acquisition for Buy-and-Hold Investors or Developers targeting high-demand rental markets near Downtown LA.
Estimated Market Value
$783,738
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1741 S New England Street Subject | $849,900* List Price | 0 | 0 | 3,118 | $251 | - |
A 1153 S Westlake Active | $699,900 List Price | 0 | 0 | 2,654 | $264 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1922, this century-old property is marketed primarily as a development or investment opportunity. The lack of mentioned upgrades to kitchens, baths, or systems, combined with the presence of window AC units and the emphasis on land value/zoning, indicates the structures likely require significant rehabilitation to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Development Potential
The RD1.5 zoning and two detached 2-car garages offer significant opportunities for ADU conversions or future multi-unit redevelopment to maximize ROI.
- Strategic Central Location
Situated minutes from Downtown LA, USC, and major entertainment hubs, the property is ideally positioned for high rental demand and low vacancy rates.
- Versatile Unit Mix
The quadruplex configuration across two separate buildings provides a diverse mix of 1, 2, and 3-bedroom units, catering to a wide range of tenant needs.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1922, the property may require substantial capital expenditure for structural updates, modernizing systems, or deferred maintenance.
- Underperforming Local Schools
The majority of assigned public schools carry low ratings (2-3), which could deter family-oriented tenants and impact long-term residential appeal.
About 1741 S New England Street
Prime investment or development opportunity just minutes from Downtown Los Angeles! This versatile 4-unit property features two separate buildings with a desirable unit mix. The front building consists of a 2-bedroom/2-bath unit and a 1-bedroom/1-bath unit. The rear building offers a spacious 3-bedroom/1-bath unit upstairs and a 1-bedroom/1-bath unit downstairs. Additional features include two attached 1-car garages, which may offer potential for ADU conversion or additional development opportunities. Zoned RD1.5, the property may offer future development potential for the savvy investor or developer. Centrally located near Downtown LA, Crypto.com Arena, L.A. Live, USC, and major employment and entertainment hubs, with convenient access to the 10 and 101 freeways. An excellent opportunity to acquire a multi-unit asset in a high-demand Los Angeles location. Buyer to independently verify zoning, ADU feasibility, development potential, unit configuration, permits, and all property information.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1922
- Lot Size
- 6,622 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Magnolia Avenue Elementary School
Grades K-6 • 0.1 mi
3/10
Leo Politi Elementary School
Grades K-5 • 0.6 mi
3/10
Norwood Street Elementary School
Grades K-5 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,118 | 2,187.451 |
| Lot Size | 6,622 | 5,841.385 |
| Price | $849.9K | $841.5K |
| Price per sq ft | $273 | $385 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 28 | 85 |
Pricing History
Listed for Sale
Aug 12, 2026
$849,900
Initial Listing
Sold
Jul 26, 2013
$500,000
Public Record