
Los Angeles, California 90006
This Updated Craftsman Residential Income Asset is listed at $1,150,000, offering a stable acquisition at its $1,150,000 Fair Market Value. The property maintains a Good Condition Rating due to extensive modernizations, including Granite Kitchens, ceramic tile flooring, and newer A/C units across four residences. A defining feature is the gated parking for 10 vehicles, a rare high-value amenity in this central Los Angeles location near USC and Downtown LA. Given the high rental demand and turnkey status, this is an ideal opportunity for Buy-and-Hold Investors or Owner-Occupants.
Property is move-in ready.
Despite being built in 1907, the property is in good condition due to extensive updates. The units feature newer kitchen cabinetry, granite countertops, and ceramic tile flooring, along with updated bathrooms and fixtures. The inclusion of newer A/C units and fresh interior/exterior paint indicates the property is well-maintained and move-in ready for tenants without the need for immediate major renovations.
The property includes a gated, secured parking area for up to 10 vehicles, an incredibly rare and high-value amenity in a central Los Angeles location.
Units feature significant upgrades including newer kitchen cabinetry, granite countertops, ceramic tile flooring, and updated bathroom fixtures, minimizing immediate renovation needs.
Proximity to USC, Downtown LA, and Koreatown ensures high tenant demand and stable occupancy from a diverse pool of students and professionals.
The majority of nearby public schools have low ratings (3/10 or lower), which may limit the property's appeal to families with school-aged children.
Built in 1907, the property may have underlying maintenance requirements related to century-old plumbing, electrical, or foundation systems despite recent cosmetic updates.
The property is a duplex configured as four units, which may require careful due diligence regarding zoning compliance and legal non-conforming status for financing.
Welcome to this beautifully updated Craftsman-style duplex, configured as four units and offering a total of 6 bedrooms and 4 bathrooms across approximately 3,648 square feet of living space. This exceptional opportunity blends timeless architectural character with modern updates—ideal for investors seeking a fully tenant-occupied rental property with strong income potential. Each unit has been thoughtfully improved with newer kitchen cabinetry, granite countertops, ceramic tile flooring, and updated bathrooms with newer fixtures. The property also features fresh interior and exterior paint and newer A/C units in all four residences, offering enhanced comfort and efficiency. This property includes a gated, secured parking area with space for up to 10 vehicles—a rare and valuable amenity in this central Los Angeles location. The smart layout, contemporary upgrades, and generous parking make this property a standout among nearby multi-unit offerings. Conveniently located near USC, Downtown Los Angeles, LA LIVE, Crypto.com Arena, and Koreatown, the property provides excellent access to employment centers, public transportation, shopping, and dining. Its central location supports long-term tenant demand and stable occupancy.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.5 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 | 3,648 | 1,900 | 80% |
| Lot Size | 6,382 | 5,100 | 60% |
| Price | $1.15M | $840.0K | 80% |
| Price per sq ft | $315 | $429 | 20% |
| Built year | 1907 | 1922 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 203 | 20% |
Feb 18, 2026
$1,150,000
$1,190,000
-3% Price Drop
Initial Listing
Jan 23, 2026
$1,190,000
Initial Listing
Apr 26, 2022
$975,000
Public Record
Dec 17, 2010
$340,000
Public Record
Dec 23, 2008
$285,000
Public Record
Aug 22, 2005
$725,000
Public Record
Apr 15, 2004
$499,000
Public Record