
Los Angeles, California 90059
This Duplex Residential Income property is a Strong Value Opportunity, listed at $725,000—positioned well below the $784,528 Fair Market Value by 7%. This valuation gap offers $59,528 in Instant Equity. Featuring a 3BR/1BA and 2BR/1BA configuration with separate meters and a 6-car driveway, the property is in Fair Condition with recent cosmetic updates. The large 6,389 sq. ft. lot provides significant ADU potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a house-hacking strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2017 E 112th Subject 0 bd · 0 ba · 1,418 sqft · $553 | $725,000* List Price | 0 | 0 | 1,418 | $553 | - |
A 1648 E 110th Sold 0 bd · 0 ba · 1,866 sqft · $461 · 0.5 mi | $860,000 | 0 | 0 | 1,866 | $461 | 0.5 mi |
B 1637 E 115th Pending 0 bd · 0 ba · 1,181 sqft · $491 · 0.6 mi | $579,900 List Price | 0 | 0 | 1,181 | $491 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1929, the property has undergone a recent renovation (likely <5 years) featuring modern white shaker-style kitchen cabinets, updated countertops, and contemporary grey-toned laminate flooring. The exterior shows well-maintained stucco and new fencing, making it move-in ready with no immediate maintenance required.
High School: Compton Early College High (9/10).
The property features two distinct units (3BR/1BA and 2BR/1BA) with separate entrances and individual gas/electric meters, offering an ideal setup for house-hacking or a multi-stream investment portfolio.
Situated on a generous 6,389 sq. ft. lot with rear alley access, the property provides significant value-add opportunity for the construction of an Accessory Dwelling Unit (ADU) to further increase rental yield.
Built in 1929, the structure may require substantial updates to major systems; furthermore, the use of digitally enhanced photos suggests the actual interior condition may need immediate cosmetic or structural attention.
The majority of the immediate neighborhood's public schools are rated poorly (2/10 to 3/10), which may deter long-term family tenants and impact the property's rate of appreciation compared to other sub-markets.
DUPLEX! Great opportunity for first-time buyers or investors. This property features a 3BR/1BA unit and a 2BR/1BA unit, each with separate entrances, private outdoor space, and separate electric and gas meters. Situated on a large 6,389 sq. ft. lot with a long driveway accommodating approximately 6 cars, alley access. The spacious lot offers ADU potential. Conveniently located near Imperial Courts, DTLA, LAX, SoFi Stadium, shopping, parks, and major freeways. Live in one unit and rent the other, or add this versatile property to your investment portfolio. Some picture were digitally enhance
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,418 | 2,148.648 |
| Lot Size | 6,389 | 5,855.757 |
| Price | $725.0K | $831.8K |
| Price per sq ft | $511 | $387 |
| Built year | 1929 | 1928 |
| HOA | $0 | $0 |
| Days on market | 24 | 87 |
Sep 30, 2026
$725,000
Initial Listing
Jun 6, 2024
$660,000
Public Record
Jan 19, 2018
$350,000
Public Record
Dec 7, 2017
$285,000
Public Record