2007 Thurman Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 0 bed, 0 bath
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Los Angeles, California 90016
This Turnkey Duplex Asset is a Strong Value Opportunity, listed at $1,049,000—positioned well below the $1,144,839 Fair Market Value by 8%. This valuation gap provides $95,839 in Instant Equity for the incoming owner. Both units boast a Good Condition Rating following extensive renovations, featuring granite kitchens, custom cabinetry, and recessed lighting. Situated on a gated corner lot with private garages, this property offers immediate rental upside in a high-demand Mid-LA corridor. It is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2007 Thurman Avenue Subject | $1,049,000* List Price | 0 | 0 | 1,684 | $680 | - |
A 2734 S Redondo Boulevard Sold | $820,000 | 4 | 2 | 1,286 | $638 | 0.9 mi |
B 2734 S Redondo Boulevard Sold | $820,000 | 0 | 0 | 1,286 | $638 | 0.9 mi |
C 2428 S Dunsmuir Active Under Contract | $1,150,000 List Price | 0 | 0 | 1,600 | $719 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1947 duplex is move-in ready and has undergone extensive cosmetic renovations. Both units feature updated kitchens with granite countertops and custom cabinetry, refreshed bathrooms, and modern interior touches such as recessed lighting and crown molding. While the property is older, the 'turnkey' nature of the renovations, updated flooring, and new garage doors align with the 'good' condition criteria.
This duplex offers an ideal owner-user opportunity, allowing a buyer to live in one unit while generating rental income from the other to offset mortgage costs.
Both units have been extensively redone with modern finishes, including granite countertops, custom cabinetry, and recessed lighting, minimizing immediate capital expenditure.
Situated on a gated corner lot, the property features professional landscaping and a large fenced-in grassy yard, providing both aesthetic appeal and a sense of security.
The front and back yards are shared between units, which may reduce the sense of privacy for both the owner and the tenant.
Built in 1947, the property may have underlying aged plumbing or electrical systems common to mid-century builds that were not addressed in the cosmetic renovations.
With only one garage space per two-bedroom unit, residents with multiple vehicles may find the parking arrangements restrictive, especially in a busy metropolitan area.
Duplex with fantastic owner's unit---live in one and rent out the other! There are two 2+1 units on a pretty, gated, corner lot in a great location! Unit 2007 is the owner's unit and features a large, light-filled living room with crown moulding & view to landscaped grounds; formal dining room; redone eat-in kitchen w/ granite countertops & custom cabinetry; two generously sized bedrooms & redone bath. 2nd unit, (Unit 2009), is also completely redone with similar finishes. Large fenced-in grassy yard & professionally landscaped grounds. Front yard and back yard are shared between units. Separately metered for gas and electric. Units also feature recessed lighting, carpet/tile & laminate flooring, and two 1-car private garages with new garage doors.
No exterior & parking available.
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 | 1,684 | 3,585.5 | 25% |
| Lot Size | 5,866 | 6,170 | 38% |
| Price | $1.05M | $1.09M | 38% |
| Price per sq ft | $623 | $441 | 75% |
| Built year | 1947 | 1946 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 156 | 13% |
Feb 10, 2026
$1,049,000
Initial Listing
Sep 5, 2012
$473,504
Public Record
Apr 27, 2012
$252,000
Public Record
Oct 23, 2003
$332,000
Public Record
Apr 22, 2003
$235,000
Public Record