
Los Angeles, California 90032
This Duplex Residential Income property represents a High-Potential Investment Opportunity, listed at $949,999—positioned well below the $1,099,242 Fair Market Value by 13%. This valuation gap offers $149,243 in Instant Equity. Featuring a Condition Rating of 2, the front unit is fully remodeled with modern finishes, while the dual-metered layout provides immediate rental flexibility. With its strategic location near major medical centers and freeways, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2057 N Eastern Subject | $949,999* List Price | 0 | 0 | 2,142 | $513 | - |
A 4128 Abner Street Sold | $925,000 | 0 | 0 | 1,830 | $505 | 0.8 mi |
B 2616 Haven Active | $699,000 List Price | 4 | 3 | 2,008 | $348 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1948, the property has been recently remodeled (under 5 years) with new engineered wood flooring, updated kitchen cabinets, new bathroom fixtures, and new split-system HVAC units. The interior shows mint condition with recessed lighting and fresh paint, making it move-in ready with no immediate maintenance required.
As a duplex with separate gas and electric meters, this property offers excellent versatility for owner-occupants looking to offset their mortgage or investors seeking a turnkey rental opportunity in a high-demand area.
The front unit features significant recent upgrades including a remodeled kitchen, new engineered wood flooring, recessed lighting, and energy-efficient split-system AC units, ensuring immediate move-in readiness and reduced initial capital expenditure.
Centrally located near Downtown L.A., Cal State LA, and Keck USC Medical Center with rapid access to the I-10, 101, and I-5 freeways, the property is perfectly positioned to attract a stable professional tenant pool.
The conversion of the family room into a third bedroom and the splitting of the original bathroom may result in a non-traditional floor plan and potentially smaller room scales compared to original designs.
The exterior areas are primarily covered in concrete; while this offers low maintenance, the lack of traditional landscaping or softscaping may reduce the property's aesthetic curb appeal and outdoor recreational utility.
Welcome to this charming two-unit property. The front unit has been recently remodeled and thoughtfully refreshed with interior paint, updated kitchen cabinets, new bathroom fixtures, new engineer wood flooring, recessed lighting, and two new split-system air conditioning units for year-round comfort. The family room was converted into 3rd bedroom. The huge bathroom and closet space were converted into 2nd bathrooms. The inviting updates create a bright, clean, and cozy atmosphere that feels ready to call home and practical floor plan. The rear unit features 1 bedroom and 1 bathroom, with a den that has been converted into a second bedroom. Each unit has its own gas and electrical meters, providing convenient utility management and added appeal for both homeowners and investors. Easy-to-maintain yard. Most exterior areas are covered with concrete, offering easy maintenance and practical outdoor space. Property is centrally located, close to Downtown L.A., California State University of Los Angeles, KECK USC Medical Hospital,... Easy access to Fwy I-10, 101 and I-5. Don't miss this great opportunity to live in one and rent out the other one to help in mortgage payment. Income and expenses Analysis is an estimate for reference only, not actual numbers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,142 | 2,187.451 |
| Lot Size | 7,003 | 5,841.385 |
| Price | $950.0K | $841.5K |
| Price per sq ft | $444 | $385 |
| Built year | 1948 | 1928 |
| HOA | $0 | $0 |
| Days on market | 24 | 85 |
Aug 16, 2026
$949,999
Initial Listing
Oct 23, 2023
$830,000
Public Record