2019 City View, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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2019 City View
Los Angeles, California 90033
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,104Sq Ft
4,000Lot Size
Property Price
LIST PRICE$800,000
EST. MARKET VALUE
$848,453
5% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a turnkey Quadruplex listed at $800,000, positioned well below the $837,790 Fair Market Value by 4%. This valuation gap offers $37,790 in Instant Equity. Featuring a Condition Rating of 2, the property includes two fully remodeled units and two brand-new 2024 ADUs with individual HVAC. Its proximity to major healthcare hubs ensures strong rental demand. This is a stable, cash-flowing asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Estimated Market Value
$848,453+$48,453 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2019 City View Subject 0 bd · 0 ba · 2,104 sqft · $403 | $800,000* List Price | 0 | 0 | 2,104 | $403 | - |
A 2043 City View Sold 0 bd · 0 ba · 1,512 sqft · $403 · 0.0 mi | $610,000 | 0 | 0 | 1,512 | $403 | 0.0 mi |
B 2925-2927 Michigan Sold 0 bd · 0 ba · 2,079 sqft · $404 · 0.9 mi | $839,000 | 0 | 0 | 2,079 | $404 | 0.9 mi |
C 1542 Ricardo Sold 5 bd · 4 ba · 2,361 sqft · $381 · 0.9 mi | $900,000 | 5 | 4 | 2,361 | $381 | 0.9 mi |
D 2731 Wabash Avenue Active 0 bd · 0 ba · 1,587 sqft · $439 · 0.6 mi | $697,000 List Price | 0 | 0 | 1,587 | $439 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features two brand-new 2024 constructed ADUs with individual split-system HVACs and two fully remodeled front units (2019/2021) with updated kitchens, bathrooms, and flooring. The entire quadruplex is turnkey, individually metered, and requires no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Income Potential
The property is 100% occupied and cash-flowing from day one, featuring two brand-new 2024 ADUs and a fully remodeled original duplex, minimizing immediate capital expenditure for the buyer.
- Strategic Employment Hub Proximity
Located minutes from DTLA and major healthcare institutions like LAC+USC and Keck Hospital, the property benefits from a robust and stable tenant base tied to high-demand employment sectors.
- Modernized Infrastructure
Each unit is individually metered for electricity and the new ADUs include dedicated split-system HVAC, which reduces landlord utility overhead and enhances tenant comfort.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2104, other record living area = 1484.
- High Density on Small Lot
With four units situated on a 4,000-square-foot lot, there is limited outdoor space and potentially constrained on-site parking, which may impact long-term tenant retention.
- Vintage Primary Structure
Despite the extensive interior remodels, the main duplex dates back to 1924, which may necessitate ongoing maintenance of century-old structural or plumbing systems not replaced during the renovation.
About 2019 City View
Turnkey 4 unit in the heart of Boyle Heights, minutes from Downtown LA and steps from everything East LA has to offer. 100% occupied and cash flowing from day one, with easy 10 Freeway access and less than a mile to the Metro L Line at Soto Station. The original 1923 duplex sits up front (2019: 1BD/1BA, 2021: 2BD/1BA), both fully remodeled with new flooring, paint, kitchens and bathrooms, move-in ready. Behind it, two permitted studio ADUs constructed in 2024 with a valid Certificate of Occupancy on file (issued 9/17/24). ADU's are completely turnkey with new cabinets, countertops, flooring, bathrooms, and each one running its own split-system HVAC. Every unit is individually metered for electric. Prime location near White Memorial, LAC+USC, and Keck Hospital of USC makes this a strong hold for tenant demand tied to the area's massive healthcare and university employment base. Grant of up to $20,000 may be available to eligible buyers, subject to lender approval and program terms. Inquire with listing agent for more details.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1924
- Lot Size
- 4,000 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,104 | 2,090.331 |
| Lot Size | 4,000 | 5,852.908 |
| Price | $800.0K | $830.9K |
| Price per sq ft | $380 | $394 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 44 | 87 |
Pricing History
Listed for Sale
Sep 26, 2026
$800,000
Initial Listing
Sold
Sep 18, 2017
$320,000
Public Record
Sold
Jun 15, 2016
$360,000
Public Record