
Los Angeles, California 90061
This Duplex Residential Income property represents a High-Potential Investment Opportunity, listed at $875,000. While currently priced above the $790,373 Fair Market Value, the asset offers immediate cash flow with a rear unit generating $3,000/month. Built in 2004, the property maintains a Condition Rating of 3, featuring a recently remodeled, vacant front unit with modern luxury vinyl plank flooring and updated fixtures. This turnkey setup is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income in a high-demand urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 227 E 110th Subject 0 bd · 0 ba · 2,056 sqft · $390 | $855,000* List Price | 0 | 0 | 2,056 | $390 | - |
A 315 E 118th Sold 0 bd · 0 ba · 2,183 sqft · $344 · 0.6 mi | $750,000 | 0 | 0 | 2,183 | $344 | 0.6 mi |
B 327 E Lanzit Sold 6 bd · 4 ba · 2,656 sqft · $350 · 0.3 mi | $930,000 | 6 | 4 | 2,656 | $350 | 0.3 mi |
C 150 E 108th Sold 4 bd · 2 ba · 1,392 sqft · $467 · 0.2 mi | $650,000 | 4 | 2 | 1,392 | $467 | 0.2 mi |
D 11106 S Avalon Boulevard Active 0 bd · 0 ba · 2,793 sqft · $358 · 0.3 mi | $999,000 List Price | 0 | 0 | 2,793 | $358 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, the property is around 22 years old but features a recently remodeled front unit with new luxury vinyl plank flooring, updated vanities, and newer kitchen appliances. The units are well-maintained, functional, and move-in ready.
The property offers a unique owner-occupant or investment opportunity with a vacant, remodeled front unit and a rear unit already generating $3,000 per month in rental income.
Built in 2004, this duplex is significantly newer than typical Los Angeles income properties, featuring modern building standards, updated systems, and separately metered gas and electric.
The front unit has been recently updated with luxury vinyl plank flooring, new vanities, fixtures, and appliances, minimizing immediate capital expenditure for the buyer.
The property offers no views and is situated in a high-density urban environment, which may limit its appeal to buyers seeking aesthetic surroundings.
Located near the 110 and 105 freeway interchange, the property may be subject to increased noise levels and urban traffic congestion.
***THIS PROPERTY QUALIFIES FOR A 20,000 GRANT PROGRAM/OWNER OCCUPIED BUYERS/ 5% DOWN/WITH LENDER APPROVAL*** Rare owner-occupant or investment opportunity. Enjoy the benefits of owning a duplex with a vacant, remodeled front unit and a rear unit currently generating $3,000/month in rental income! If you’ve been looking for a newer 3 bedroom/2 bath home, but thought you couldn’t afford it, THIS MAY BE THE OPPORTUNITY YOU’VE BEEN SEARCHING FOR! Built in 2004, the front (vacant) unit has updated luxury vinyl plank flooring, doors, vanities, fixtures, stove, microwave, and more along with a 2-car garage! The rear home (229) also offers 3 bedrooms and 2 baths along with 1-car garage and was remodeled in 2003 . Both units have washer/dryers included and abundant driveway parking. Electric and gas are separately metered. Conveniently located to the 110 and 105 freeways, Locke College, schools, stores and medical facilities, this is the deal you’ve been waiting for! DON’T MISS THIS ONE!
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 | 2,056 | 2,090.331 |
| Lot Size | 5,323 | 5,852.908 |
| Price | $855.0K | $830.9K |
| Price per sq ft | $416 | $394 |
| Built year | 2004 | 1928 |
| HOA | $0 | $0 |
| Days on market | 59 | 87 |
Oct 28, 2026
$855,000
$869,000
-2% Price Drop
Initial Listing
Oct 9, 2026
$869,000
$875,000
-1% Price Drop
Initial Listing
Sep 11, 2026
$875,000
Initial Listing
Dec 8, 2022
$775,000
Public Record
Feb 2, 2012
$280,000
Public Record
Apr 12, 2004
$340,000
Public Record
Sep 2, 2003
$175,000
Public Record
Apr 15, 2003
$105,000
Public Record