1757 S New England, Los Angeles, California 90006, Los Angeles, 90006 - bed, bath
ACTIVE$1,050,000$2,147/sqft
1757 S New England, Los Angeles, California 90006
0Bed
0Bath
2,147Sqft
6,615Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strategic Central LA Location: Exceptional proximity to Downtown Los Angeles, major freeways (10 Fwy), and key corridors, ensuring strong and consistent rental demand due to access to employment, transit, and amenities.
Top Cons:
Significant Age and Potential for Deferred Maintenance: Constructed in 1900, the property likely requires substantial capital investment for system upgrades (plumbing, electrical) and general modernization to meet contemporary standards and tenant expectations.
Compared to the nearby listings
Price:$1.05M vs avg $840.0K (+$210,000)60%
Size:2,147 sqft vs avg 2,147 sqft50%
Price/sqft:$489 vs avg $48950%
More Insights
Built in 1900 (126 years old).
Condition: Built in 1900, this property shows significant signs of age and deferred maintenance. The exterior images reveal peeling paint, worn siding, and general disrepair. The listing description explicitly notes 'significant age and potential for deferred maintenance' and 'absence of noted modernization,' suggesting substantial capital investment is required for system upgrades (plumbing, electrical) and general modernization. Without interior photos, it's highly probable that kitchens, bathrooms, and other interior components are severely outdated and in poor condition, necessitating extensive rehabilitation to meet contemporary standards.
Year Built
1900
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$489
HOA
-
Days on market
-
Sold On
-
MLS number
DW26005821
Home ConditionPoor
Features
View-
About this home
Exceptional four-unit income property located at 1757 S. New England Street, Los Angeles, CA 90006, just minutes from Downtown Los Angeles with convenient access to the 10 Freeway, Hoover Street, and Vermont Avenue corridors. The central location offers proximity to major employment hubs, public transportation, schools, shopping, and dining, supporting strong and consistent rental demand. The property consists of four 1-bedroom, 1-bath units totaling approximately 2,147 square feet of living space on a 6,615 square foot lot. Property is zoned LARD1.5. Property is configured across two detached buildings, providing functional unit layouts and added privacy. The buildings are two stories and were originally constructed in 1900, offering solid fundamentals and long-term ownership appeal. Each unit is separately metered for electricity and gas, allowing for efficient utility management. The property also features four garage parking spaces and interior laundry facilities. Utilities include public water and public sewer. One rear unit will be delivered vacant at the close of escrow, offering immediate flexibility for an owner-user or investor strategy. This property presents a strong opportunity for investors seeking stable income today with upside potential through operational improvements and rental growth.
J
Julio Midolo
Listing Agent
Nearby schools
3/10
Magnolia Avenue Elementary School
Public,•K-6•0.2mi
3/10
Leo Politi Elementary School
Public,•K-5•0.6mi
4/10
Norwood Street Elementary School
Public,•K-5•0.7mi
5/10
Vermont Avenue Elementary School
Public,•K-5•0.8mi
2/10
Tenth Street Elementary School
Public,•K-5•1.0mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•1.0mi
8/10
Hoover Street Elementary School
Public,•K-5•1.1mi
3/10
Los Angeles Elementary School
Public,•K-5•1.1mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•1.2mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•1.2mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•1.3mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.4mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•1.8mi
3/10
Berendo Middle School
Public,•6-8•0.7mi
3/10
John H. Liechty Middle School
Public,•6-8•1.4mi
4/10
John Adams Middle School
Public,•6-8•1.6mi
5/10
Pio Pico Middle School
Public,•6-8•1.7mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.3mi
4/10
West Adams Preparatory High School
Public,•9-12•0.1mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.3mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.3mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.3mi
5/10
Santee Education Complex
Public,•9-12•1.7mi
5/10
Foshay Learning Center
Public,•K-12•1.9mi
3/10
Belmont Senior High School
Public,•9-12•2.0mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.1mi
Price History
Date
Event
Price
05/01/07
Sold
$690,000
Condition Rating
Poor
Built in 1900, this property shows significant signs of age and deferred maintenance. The exterior images reveal peeling paint, worn siding, and general disrepair. The listing description explicitly notes 'significant age and potential for deferred maintenance' and 'absence of noted modernization,' suggesting substantial capital investment is required for system upgrades (plumbing, electrical) and general modernization. Without interior photos, it's highly probable that kitchens, bathrooms, and other interior components are severely outdated and in poor condition, necessitating extensive rehabilitation to meet contemporary standards.
Pros & Cons
Pros
Strategic Central LA Location: Exceptional proximity to Downtown Los Angeles, major freeways (10 Fwy), and key corridors, ensuring strong and consistent rental demand due to access to employment, transit, and amenities.
Established Income-Generating Quadruplex: A four-unit residential income property offering immediate cash flow and investment diversification, ideal for investors seeking stable returns.
Operational Efficiency with Separate Metering: Each unit is separately metered for electricity and gas, significantly streamlining utility management and reducing landlord operating costs.
Immediate Value-Add Opportunity: One unit delivered vacant at close of escrow provides immediate flexibility for an owner-user or allows an investor to implement value-add renovations and re-tenant at market rates.
Valuable On-Site Amenities: Includes four dedicated garage parking spaces and interior laundry facilities, enhancing tenant appeal and convenience in a dense urban environment.
Cons
Significant Age and Potential for Deferred Maintenance: Constructed in 1900, the property likely requires substantial capital investment for system upgrades (plumbing, electrical) and general modernization to meet contemporary standards and tenant expectations.
Limited Unit Mix (All 1-Bedroom): The property consists solely of 1-bedroom, 1-bath units, which may restrict the potential tenant demographic and limit rental growth compared to properties with a more diverse unit configuration.
Absence of Noted Modernization: The description lacks details on recent renovations or upgrades, suggesting that significant capital expenditure may be necessary to enhance property value and maximize rental income potential.