
Los Angeles, California 90026
This Value-Add Duplex Asset is listed at $1,360,000, positioned relative to its $1,182,635 Fair Market Value within the competitive Echo Park market. Currently holding a Condition Rating of 5, the property requires comprehensive modernization but offers two detached residences with private yards, providing significant upside for forced appreciation. Located within the boundaries of Clifford Street Elementary and John Marshall Senior High, the site ensures consistent tenant demand and long-term desirability. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to capitalize on dual-income potential in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2226 Berkeley Ave Subject | $1,360,000* List Price | 0 | 0 | 1,813 | $652 | - |
A 2132 Branden Street Sold | $1,056,000 | 4 | 3 | 1,733 | $609 | 0.3 mi |
B 2201 Avon Pending | $1,450,000 List Price | 0 | 0 | 1,982 | $732 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1926 (98 years old) and shows no evidence of recent major renovations to kitchens, bathrooms, or core systems. The exterior displays significant aging with cracked concrete and dated fixtures, while the interior features original hardwood and older windows, suggesting the need for a full rehab to address likely outdated electrical and plumbing systems.
The property features two detached houses on a single lot, providing an ideal opportunity for 'house hacking,' multi-generational living, or generating dual rental income in a high-demand rental market.
Unlike traditional shared-wall duplexes, these two separate residences each offer their own private yard and individual entrances, ensuring a higher level of privacy and a single-family residential feel for occupants.
Situated in one of Los Angeles' most desirable neighborhoods, the property is conveniently located near high-rated schools like Clifford Street Elementary and the vibrant lifestyle amenities of the Silver Lake and Echo Park areas.
With only one parking space allocated per house in a neighborhood known for dense street parking, the property may pose a challenge for households with multiple vehicles or frequent guests.
Dating back to 1926, the property likely requires ongoing maintenance or significant capital improvements to modernize its systems and structural integrity to meet contemporary standards.
Nice and convenient location near all. 2 separated houses on a lot. front house : 2 brs,1 ba; rear house: 2brs,1.5 bas and garage . both have own yard and privacy. Live in one and rent the other. or rent both fore good incomes. or just use both for 2 families. Each house has one parking space in front of house.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,813 | 2,208 | 23% |
| Lot Size | 5,002 | 5,002 | 50% |
| Price | $1.36M | $1.20M | 69% |
| Price per sq ft | $750 | $490 | 85% |
| Built year | 1926 | 1922 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 172 | 8% |
Apr 27, 2026
$1,360,000
Initial Listing