
Los Angeles, California 90003
This Residential Income Duplex represents a Strong Value Opportunity, listed at $780,000—positioned well above the $727,772 Fair Market Value. While the property is priced above the current estimation, it offers a Condition Rating of 3, featuring a modernized main unit with updated finishes and a functional secondary unit. The 3-bedroom main house provides significant rental demand, making this an ideal asset for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through a proven house-hacking strategy in a high-demand Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 215 E 76 Place Subject 0 bd · 0 ba · 1,378 sqft · $525 | $780,000* List Price | 0 | 0 | 1,378 | $525 | - |
A 314 W 66th Sold 0 bd · 0 ba · 1,632 sqft · $438 · 0.8 mi | $715,000 | 0 | 0 | 1,632 | $438 | 0.8 mi |
B 158 E 85th Sold 0 bd · 0 ba · 1,453 sqft · $568 · 0.7 mi | $825,000 | 0 | 0 | 1,453 | $568 | 0.7 mi |
C 146 W 81st Sold 0 bd · 0 ba · 1,820 sqft · $412 · 0.4 mi | $749,999 | 0 | 0 | 1,820 | $412 | 0.4 mi |
D 246 E 87th Place Sold 0 bd · 0 ba · 980 sqft · $607 · 0.9 mi | $595,000 | 0 | 0 | 980 | $607 | 0.9 mi |
E 215 76th Place Active 4 bd · 2 ba · 1,378 sqft · $566 · 0.0 mi | $780,000 List Price | 4 | 2 | 1,378 | $566 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1922, the property has undergone significant renovations. The main unit features a modern kitchen with dark cabinetry, a tile backsplash, and stainless steel appliances. The bedrooms and living areas have updated flooring and finishes. The second unit's kitchen is more basic but clean and functional, making the entire duplex well-maintained and move-in ready.
The duplex configuration provides a versatile opportunity for owner-occupants to offset mortgage costs through rental income or for investors to secure dual revenue streams.
Unlike many older multi-family properties, the main house features three bedrooms, offering ample living space that appeals to larger families and increases rental demand.
Positioned as a 'Residential Income' property in Los Angeles, this listing serves as an ideal entry point for building long-term equity in a high-demand metropolitan area.
Originally built in 1922, the property likely requires updates to major systems such as plumbing, electrical, and roofing to meet modern efficiency and safety standards.
The main three-bedroom unit is served by only one bathroom, which may be a significant drawback for modern families and could limit the maximum achievable rent.
Great opportunity to own a duplex and take advantage of the benefits of owner-occupied living. Live comfortably in one unit while renting out the other to help offset your mortgage and ownership expenses. This property offers an ideal setup for homeowners looking to generate rental income while building long-term equity. It can also be a great option for investors seeking a two-unit property with multiple income possibilities. Main House 3beds/ 1bath, back Unit 1bed/ 1bath.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,378 | 2,090.331 |
| Lot Size | 5,120 | 5,852.908 |
| Price | $780.0K | $830.9K |
| Price per sq ft | $566 | $394 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 45 | 87 |
Sep 25, 2026
$780,000
Initial Listing
Jan 19, 2022
$310,000
Public Record
May 2, 1997
$139,000
Public Record