2015 Pennsylvania Avenue, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath
2015 Pennsylvania Avenue
Los Angeles, California 90033
Property Price
SUMMARY
Analysis of 2015 Pennsylvania Avenue, Los Angeles, California 90033 is currently available with a list price of $1,200,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1922, this multi-unit property exhibits significant deferred maintenance. Exterior images show peeling paint, weathered wood siding, and cracked concrete. The reliance on window AC units and the absence of interior photos suggest that the major systems (electrical, plumbing, and HVAC) and interior finishes are likely outdated and require substantial rehabilitation to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Diverse Unit Mix
The property features a versatile mix of seven units, including a 3-bedroom house and bungalow-style layouts, catering to a wide range of tenant needs and maximizing income potential.
- High-Demand Rental Location
Situated in Boyle Heights where 75% of the population rents, the property benefits from a high-demand market driven by its proximity to major freeways and trendy local amenities.
- Bungalow-Style Privacy
The separate bungalow configuration offers tenants more privacy and a residential feel compared to traditional apartment blocks, which often leads to higher tenant satisfaction and retention.
CONSRISKS & DEFICIENCIES
- Historical Maintenance Requirements
Built in 1922, the century-old structures likely require significant capital expenditure for modernizing aging infrastructure, including plumbing, electrical, and seismic upgrades.
- Operational Complexity
Managing seven detached or semi-detached units across a large lot increases the complexity and cost of exterior maintenance and landscaping compared to a single consolidated building.
About 2015 Pennsylvania Avenue
An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community.7 units all separate like small bungalows 2 are 2 bedrooms 1 bath each. 4 are 1 bedroom 1 bath each 1 is a house 3-bedroom 1 bath, Easy accesses to major freeway's such as the 5 and 10 and 101.Boyle Heights mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renter's desire to live with the community being 75% of residence are renters.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1922
- Lot Size
- 8,891 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 | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1922 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 3, 2026
$1,200,000
Initial Listing