2043 City View, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This tenant-occupied duplex represents a High-Potential Investment Opportunity, listed at $595,000—positioned well below the $615,311 Fair Market Value by 3%. This valuation gap provides $20,311 in Instant Equity. With a Fair Condition Rating, the property offers significant value-add potential through cosmetic updates and the possibility of a detached garage ADU conversion. This asset is ideal for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants looking to offset housing expenses through a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2043 City View Subject | $595,000* List Price | 0 | 0 | 1,512 | $407 | - |
A 2627 Pomeroy Avenue Sold | $587,000 | 0 | 0 | 1,544 | $380 | 0.6 mi |
B 2112 City View Avenue Active | $515,000 List Price | 0 | 0 | 1,560 | $330 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924, this property shows signs of aging with renovations likely dating back over 20 years. Interior features like ceramic tile flooring and window AC units indicate a lack of modern central systems, while the exterior stucco and concrete show visible wear and cracking. It remains functional and tenant-occupied but requires cosmetic updates and system modernizations.
As a tenant-occupied duplex with two 2-bedroom units, this property offers immediate cash flow and versatility for investors or owner-occupants looking to offset housing costs.
The detached garage at the rear of the property provides significant flexibility, offering the potential for an ADU conversion to further maximize rental yield and property value.
Unlike many multi-unit properties, each unit features its own dedicated front yard and separate entrance, enhancing tenant privacy and increasing the long-term desirability of the rentals.
Built in 1924, the property may require significant capital investment for maintenance or upgrades to century-old systems such as plumbing, electrical, and roofing.
Being a multi-unit property in Los Angeles, it is likely subject to local rent control ordinances, which can restrict an owner's ability to adjust rents to market rates or transition tenants.
Exceptional investment opportunity offering immediate income potential. This tenant-occupied duplex presents an attractive option for investors, owner-occupants, and buyers seeking a versatile multi-unit property. Each unit features two spacious bedrooms and one bathroom, along with separate entrances that provide privacy and independence. Both units also offer their own dedicated front yard areas, creating inviting outdoor spaces for residents to enjoy. A detached garage is situated at the rear of the property, providing additional flexibility and income potential. Whether you're looking to expand your investment portfolio, accommodate multigenerational living, or offset housing expenses by living in one unit while renting the other, this property offers a variety of possibilities. Conveniently located with easy access to the I-10 Freeway, the property offers connectivity to commuting, shopping, dining, schools, and everyday amenities. Opportunities like this are increasingly difficult to find—don't miss the chance to add this versatile duplex to your real estate portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,512 | 2,250 |
| Lot Size | 4,000 | 5,864 |
| Price | $595.0K | $826.7K |
| Price per sq ft | $394 | $395 |
| Built year | 1924 | 1925 |
| HOA | $0 | $0 |
| Days on market | 30 | 83 |
Jun 22, 2026
$595,000
Initial Listing
Sep 10, 2010
$300,000
Public Record
Apr 13, 2010
$157,000
Public Record
Oct 6, 2000
$211,000
Public Record
Sep 27, 1999
$105,500
Public Record