
Los Angeles, California 90047
This Strong Value Opportunity is a detached triplex listed at $699,999—positioned well below the $772,374 Fair Market Value by 9%. This valuation gap offers $72,375 in Instant Equity. With a Condition Rating of 4, the property requires modernization to maximize rental yields. Its proximity to major entertainment hubs like SoFi Stadium ensures high demand, while the month-to-month leases provide immediate operational flexibility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1930 W Manchester Subject | $699,999* List Price | 0 | 0 | 1,920 | $402 | - |
A 9650 S Western Sold | $790,000 | 0 | 0 | 1,724 | $458 | 0.9 mi |
B 2016 W Manchester Active | $800,000 List Price | 0 | 0 | 1,920 | $417 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1943, the property is over 80 years old. Although the listing mentions recent paint and improvements, the exterior shows dated features and the age suggests that core systems (HVAC/Electric) and interiors likely require modernization beyond cosmetic updates to meet current standards.
High School: Middle College High School (9/10).
The property features three fully detached residences with no shared walls, providing tenants with a rare single-family home feel and enhanced privacy compared to traditional multi-family units.
Situated near premier entertainment hubs like SoFi Stadium, Intuit Dome, and Hollywood Park, the property is positioned to benefit from high rental demand and significant long-term appreciation.
The local public schools carry low performance ratings (ranging from 1 to 3), which may deter long-term family tenants and impact the property's appeal to a broader demographic.
Housing three detached units and four parking spaces on a 5,171 sqft lot results in limited private outdoor space and high site density, which may restrict future expansion or landscaping options.
Exceptional Investment opportuniy featuring 3 detached residenses on on e lot )1930, 1932 and 11934) in South Los Angeles near the Inglewood border. All three units offer 2 bedroom, with no shared walls, providing increased privacy and a true single-family feel. The property has benefited from recent improvements, paint, updates. All units on a month to month term. Additional features include separate meters, a gated fenced lot, rear alley access, and four parking spaces for convenience and security. Situated near major entertainment and sports destinations including Kia Forum, SoFi Stadium, Intuit Dome, and Hollywood Park Casino, with convenient access to shopping parks, schools, public transportation, and major freeways. A compelling opportunity for investors seeking an income-producing property with long-term potentioal and
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,920 | 2,187.451 |
| Lot Size | 5,171 | 5,841.385 |
| Price | $700.0K | $841.5K |
| Price per sq ft | $365 | $385 |
| Built year | 1943 | 1928 |
| HOA | $0 | $0 |
| Days on market | 8 | 85 |
Sep 1, 2026
$699,999
Initial Listing
Oct 5, 2017
$469,000
Public Record
Sep 12, 2016
$357,000
Public Record
Jan 11, 2005
$350,000
Public Record
Jan 5, 2005
$350,000
Public Record