1758 S New England Street, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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Los Angeles, California 90006
This 5-unit multi-family asset is a High-Potential Investment Opportunity with a List Price of $949,000—positioned well below the $1,090,130 Fair Market Value by 12%. This valuation gap offers $141,130 in Instant Equity. While the Condition Rating of 4 reflects dated interiors, the property features upgraded electrical, copper plumbing, and newer roofs. With a 3-bedroom home, four 1-bedroom units, and six parking spaces near Hoover Street Elementary, it offers significant rental upside. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1758 S New England Street Subject | $949,000* List Price | 0 | 0 | 4,494 | $243 | - |
A 1324 S Westlake Avenue Active | $850,000 List Price | 0 | 0 | 4,232 | $201 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property has undergone significant mechanical and structural updates including copper plumbing, upgraded electrical, and newer roofs, the interior condition remains dated. The kitchens and bathrooms feature basic, rental-grade finishes and older styles that, while functional and well-maintained, show signs of age consistent with a 100-plus-year-old building that has not had a comprehensive modern aesthetic renovation.
The property features a unique configuration of a three-bedroom single-family home and four one-bedroom units, offering excellent flexibility for owner-occupants or investors seeking diverse rental streams.
Key upgrades including modernized electrical systems, copper plumbing, newer windows, and roof replacements help mitigate future maintenance costs and enhance the property's long-term value.
The inclusion of six open parking spaces is a premium amenity in the high-density Pico-Union neighborhood, significantly increasing tenant appeal and ease of management.
Built in 1913, the property may require ongoing specialized maintenance and monitoring of older structural components typical of century-old buildings.
The majority of assigned public schools in the immediate area have lower performance ratings, which could be a limiting factor for long-term family tenants.
Exceptional owner-user and investment opportunity in the heart of Pico-Union! A well-maintained five-unit property offering strong income potential and long-term upside. The property consists of two separate buildings including a spacious three-bedroom single-family home and four one-bedroom units, creating a versatile layout ideal for both investors and owner-occupants. The property offers approximately 4,494 square feet of living space on a 7,947 square foot lot, along with six open parking spaces, a valuable amenity in this centrally located Los Angeles neighborhood. Ownership has made several key improvements over time, including upgraded electrical systems (service, main panel, and sub-panels), copper plumbing within the units, newer windows, and roof replacements, helping to reduce future capital expenses (buyer to verify and conduct their own due diligence). For investors, the property offers significant rental upside with strong projected returns and favorable investment metrics. In addition, private financing options may be available, providing flexibility for qualified buyers. Located in the vibrant Pico-Union neighborhood of Los Angeles, the property offers convenient access to Downtown LA, Koreatown, major freeways, shopping, dining, and employment centers!
No exterior & parking available.
Grades K-6 • 0.2 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 | 4,494 | 4,029 | 50% |
| Lot Size | 7,950 | 6,927.5 | 50% |
| Price | $949.0K | $1.01M | 50% |
| Price per sq ft | $211 | $257 | 50% |
| Built year | 1913 | 1935 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 175 | 50% |
Mar 5, 2026
$949,000
Initial Listing