1771 Fanning St, Los Angeles, California 90026, Los Angeles, 90026 - 0 bed, 0 bath
Loading property details...
1771 Fanning St
Los Angeles, California 90026
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,396Sq Ft
5,397Lot Size
Property Price
LIST PRICE$1,325,000
EST. MARKET VALUE
$1,394,377
4% BelowMARKET VALUE
SUMMARY
This Duplex Residential Income property represents a Strong Value Opportunity, listed at $1,325,000—positioned well below the $1,394,377 Fair Market Value by 4%. This valuation gap offers $69,377 in Instant Equity. Featuring a Condition Rating of 4, the property offers breathtaking city-light and reservoir views and a spacious deck. With its prime Silver Lake location and proximity to top-rated schools like Ivanhoe Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, high-demand rental asset.
Estimated Market Value
$1,394,377+$69,377 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1771 Fanning St Subject 0 bd · 0 ba · 2,396 sqft · $582 | $1,325,000* List Price | 0 | 0 | 2,396 | $582 | - |
A 1915 Echo Park Sold 0 bd · 0 ba · 2,054 sqft · $596 · 0.9 mi | $1,225,000 | 0 | 0 | 2,054 | $596 | 0.9 mi |
B 2111 Aaron Street 4 Active 0 bd · 0 ba · 2,304 sqft · $608 · 0.5 mi | $1,399,999 List Price | 0 | 0 | 2,304 | $608 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973 and offered for the first time in 50 years, the property is well-maintained but largely original. The kitchen and bathrooms feature dated cabinetry and fixtures from the construction era. While functional and move-in ready, the age of the systems and the aesthetic condition necessitate updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ivanhoe Elementary School (9/10).
- Prime Silver Lake Location & Views
Situated in the highly sought-after Silver Lake neighborhood, this property offers breathtaking views of the city lights and reservoir, significantly enhancing its desirability and long-term value.
- Versatile Income Potential
As a duplex featuring two spacious 2-bedroom, 1.75-bathroom units, the property is ideal for an owner-occupant looking to 'house-hack' or an investor seeking a stable multi-family asset in a high-demand rental market.
CONSRISKS & DEFICIENCIES
- Dated 1970s Construction
Built in 1973, the property may require cosmetic modernizations and system upgrades to compete with newer luxury developments or renovated character homes in the area.
- Limited Density for Lot Size
With only two units on a 5,397 sqft lot, the property offers lower density compared to other multi-family investment opportunities in Los Angeles, which may limit the maximum potential yield for aggressive investors.
About 1771 Fanning St
Check out this great opportunity in Silver Lake, a prime location in Los Angeles, offering breathtaking city-light views. This well maintained property is perfect for owner occupant with extended family or investors. Easy to live in one and rent out the other unit. Each unit is two bedrooms and one & three-quarters bathrooms; each unit has spacious living area and a kitchen, with plenty of storage. Offered on the market for the first time in fifty years!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1973
- Lot Size
- 5,397 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
Mayberry Street Elementary School
Grades K-6 • 0.4 mi
2/10
Clifford Street Elementary School
Grades K-6 • 0.5 mi
8/10
Micheltorena Street Elementary School
Grades K-5 • 0.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,396 | 2,090.331 |
| Lot Size | 5,397 | 5,852.908 |
| Price | $1.32M | $830.9K |
| Price per sq ft | $553 | $394 |
| Built year | 1973 | 1928 |
| HOA | $0 | $0 |
| Days on market | 3 | 87 |
Pricing History
Listed for Sale
Nov 6, 2026
$1,325,000
Initial Listing