1972 N Marianna Avenue, Los Angeles, California 90032, Los Angeles, 90032 - bed, bath
1972 N Marianna Avenue
Los Angeles, California 90032
Property Price
SUMMARY
Analysis of 1972 N Marianna Avenue, Los Angeles, California 90032 is currently available with a list price of $799,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1935, this duplex is functional but significantly outdated, showing signs of age throughout. The kitchens and bathrooms feature vintage cabinetry, laminate countertops, and older appliances that likely date back several decades. While the original hardwood floors are a plus, the property requires modernization of its major systems, fixtures, and finishes to meet current market standards, aligning with the listing's appeal to investors and developers.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
The duplex configuration allows for a 'live-in and rent' strategy, providing immediate rental income to offset mortgage costs or serve as a pure investment vehicle.
- Strategic Location
Situated minutes from Cal State LA and the 10 and 710 freeways, the property is ideally positioned for student/faculty rentals and easy commuting.
- Development Opportunity
The availability of three adjacent R1-zoned lots (sold separately) offers a rare chance for developers to acquire a significant footprint in a rapidly growing area.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1935, the property likely requires modernization of major systems and potential repairs to meet contemporary building standards.
- Compact Lot Size
The 4,467 square foot lot is relatively small for a multi-unit property, which may limit private outdoor space and parking capacity for tenants.
- Acquisition Complexity
To fully realize the development potential mentioned, a buyer must coordinate the purchase of multiple adjacent listings, increasing the complexity and capital requirements of the deal.
About 1972 N Marianna Avenue
Calling all home buyers, investors and developers. We are pleased to offer this duplex for sale in the El Sereno. Live in one and rent the other. Two units; 1 bedroom + 1 bathroom and 2 bedrooms 1 bathroom. This duplex offers the perfect blend of comfort and convenience; situated just minutes away from Cal State LA and the 10 and 710 freeways. Ideal for families or investors, this duplex presents a unique opportunity in a rapidly growing area. In addition, there are 3 adjacent lots zoned R1 that are being sold as well with this duplex; Listing IDs: SB25091032, SB25091026, SB25091023. Don't miss your chance to grow your portfolio and own this fantastic property in El Sereno.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1935
- Lot Size
- 4,467 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,592 | 1,592 | 50% |
| Lot Size | 4,467 | 4,808 | 20% |
| Price | $800.0K | $720.0K | 80% |
| Price per sq ft | $503 | $463 | 60% |
| Built year | 1935 | 1947 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 305 | 219 | 80% |
Pricing History
Listed for Sale
Oct 11, 2025
$799,999
Initial Listing
Price Change
May 5, 2025
$940,000
Initial Listing