1920 Thomas, Los Angeles, California 90031, Los Angeles, 90031 - bed, bath
ACTIVE$1,200,000
1920 Thomas, Los Angeles, California 90031
0Bed
0Bath
1,469Sqft
5,999Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income Generating Potential: This duplex offers excellent income potential, allowing for either full rental income or an owner-occupant to live in one unit and rent the other, a highly desirable feature in the Los Angeles market.
Top Cons:
Property Age: Built in 1911, despite being fully updated, the property's age may still present potential for underlying infrastructure issues (e.g., plumbing, electrical, foundation) that could require future maintenance or investment.
Compared to the nearby listings
Price:$1.20M vs avg $1.07M (+$125,000)69%
Size:1,469 sqft vs avg 2,386 sqft15%
Price/sqft:$817 vs avg $40392%
More Insights
Built in 1911 (114 years old).
Condition: Despite being built in 1911, the property is described as 'fully updated' and the images strongly support a very recent and comprehensive renovation. Both kitchens feature modern grey shaker cabinets, white quartz countertops, new tile flooring, and recessed lighting. The exteriors also appear freshly painted and updated. While specific appliances are not visible in the kitchens, the overall condition and modern finishes of the visible components indicate a high-quality, recent renovation, meeting current standards with minimal physical depreciation.
Year Built
1911
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$817
HOA
-
Days on market
-
Sold On
-
MLS number
DW25251666
Home ConditionExcellent
Features
View-
About this home
Welcome home! Fully updated 2 units in Lincoln Heights. Close to USC Medical and all major freeways. Great income potential or live in 1 and rent the other. Features 2 separate homes with plenty of privacy and yard space. Front unit consists of spacious 3 bedrooms and 2 full baths, laundry area and very spacious family room. Rear Unit consists of 3 bedrooms and 1 full bath. Living room has an open feel into the kitchen which also has laundry hookups. Units also feature own garage spaces for additional parking and storage.
Nearby schools
4/10
Gates Street Elementary School
Public,•K-5•0.3mi
4/10
Griffin Avenue Elementary School
Public,•K-5•0.4mi
6/10
Multnomah Street Elementary School
Public,•K-5•0.7mi
2/10
Murchison Street Elementary School
Public,•K-6•0.7mi
3/10
Albion Street Elementary School
Public,•K-6•0.9mi
4/10
Bridge Street Elementary School
Public,•K-5•1.2mi
4/10
Huntington Drive Elementary School
Public,•K-6•1.3mi
2/10
Hillside Elementary School
Public,•K-5•1.3mi
3/10
Ann Street Elementary School
Public,•K-6•1.5mi
4/10
Loreto Street Elementary School
Public,•K-5•1.5mi
5/10
Glen Alta Elementary School
Public,•K-8•1.2mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.6mi
5/10
El Sereno Middle School
Public,•6-8•1.7mi
6/10
Hollenbeck Middle School
Public,•6-8•2.2mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•0.5mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•1.1mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•2.0mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.1mi
Price History
Date
Event
Price
01/05/24
Sold
$520,000
Condition Rating
Excellent
Despite being built in 1911, the property is described as 'fully updated' and the images strongly support a very recent and comprehensive renovation. Both kitchens feature modern grey shaker cabinets, white quartz countertops, new tile flooring, and recessed lighting. The exteriors also appear freshly painted and updated. While specific appliances are not visible in the kitchens, the overall condition and modern finishes of the visible components indicate a high-quality, recent renovation, meeting current standards with minimal physical depreciation.
Pros & Cons
Pros
Income Generating Potential: This duplex offers excellent income potential, allowing for either full rental income or an owner-occupant to live in one unit and rent the other, a highly desirable feature in the Los Angeles market.
Fully Updated Units: Both units are described as 'fully updated,' suggesting modern finishes and systems, which minimizes immediate renovation costs and appeals to a broad range of tenants or owner-occupants.
Separate Homes with Privacy: The property features two separate homes with ample privacy and individual yard space, enhancing desirability for tenants and providing a more appealing living arrangement than typical duplexes.
Strategic Location: Its proximity to USC Medical and major freeways ensures convenient access to employment centers, educational institutions, and transportation, attracting a strong tenant pool.
Dedicated Parking & Storage: Each unit includes its own garage space for parking and additional storage, a significant and valuable amenity in a dense urban area like Los Angeles.
Cons
Property Age: Built in 1911, despite being fully updated, the property's age may still present potential for underlying infrastructure issues (e.g., plumbing, electrical, foundation) that could require future maintenance or investment.
Significant Price Appreciation: The property is listed at $1.2 million, a substantial increase from its $520,000 sale price in January 2024, which may raise questions about market valuation and justification for such rapid appreciation.
Total Square Footage for Price: With a total of 1469 sqft for both units at a $1.2 million list price, some buyers may perceive the property as having a relatively high price per square foot, potentially impacting its value proposition.