
Los Angeles, California 90062
This 1925 duplex represents a High-Potential Investment Opportunity with a List Price of $729,000—positioned well below the $746,353 Fair Market Value by 2%. This valuation gap offers $17,353 in Instant Equity for buyers. With a Fair Condition Rating, the property requires modernization, yet its 5,852-square-foot lot and 2,470 square feet of living space provide significant upside. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset housing costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1862 W 54th Street Subject 0 bd · 0 ba · 2,470 sqft · $302 | $729,000* List Price | 0 | 0 | 2,470 | $302 | - |
A 1736 W 51st Sold 0 bd · 0 ba · 2,475 sqft · $327 · 0.3 mi | $810,000 | 0 | 0 | 2,475 | $327 | 0.3 mi |
B 1736 W 51st Sold 4 bd · 4 ba · 2,475 sqft · $327 · 0.3 mi | $810,000 | 4 | 4 | 2,475 | $327 | 0.3 mi |
C 1496 W Vernon Avenue Sold 0 bd · 0 ba · 2,107 sqft · $380 · 0.8 mi | $800,000 | 0 | 0 | 2,107 | $380 | 0.8 mi |
D 1826 W 46th St Sold 4 bd · 2 ba · 2,300 sqft · $283 · 0.6 mi | $650,000 | 4 | 2 | 2,300 | $283 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925 with no mentioned renovations to kitchens, bathrooms, or major systems (HVAC/Electric). The listing is marketed as an 'opportunity for investors,' which typically indicates the property requires a full interior rehab and modernization to address its nearly 100-year-old age.
As a duplex, this property offers excellent flexibility for investors seeking rental income or owner-occupants looking to offset their mortgage through house-hacking.
With approximately 2,470 square feet of living area on a nearly 6,000-square-foot lot, the property provides substantial scale for the Chesterfield Square neighborhood.
Proximity to major thoroughfares and public transportation enhances tenant appeal and ensures long-term desirability in an established Los Angeles submarket.
Built in 1925, the property may require significant capital expenditures for system upgrades or structural maintenance typical of century-old buildings.
With only two bathrooms serving four bedrooms across two units, the layout may be less competitive for modern tenants or larger families.
Excellent opportunity to own a two-unit property in the Chesterfield Square neighborhood of Los Angeles. Situated on an approximately 5,852-square-foot lot, this 1925-built duplex offers approximately 2,470 square feet of living space, with a total of 4 bedrooms and 2 bathrooms. The property presents an opportunity for investors seeking rental income, multigenerational living, or an owner-occupant looking to offset housing expenses with rental income from a second unit. Conveniently located near major thoroughfares, neighborhood amenities, and public transportation, this property offers flexibility and long-term potential in an established Los Angeles neighborhood. Explore the possibilities and make this duplex your next investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,470 | 2,090.331 |
| Lot Size | 5,852 | 5,852.908 |
| Price | $729.0K | $830.9K |
| Price per sq ft | $295 | $394 |
| Built year | 1925 | 1928 |
| HOA | $0 | $0 |
| Days on market | 24 | 87 |
Oct 16, 2026
$729,000
Initial Listing