228 Rosemont Ave, Los Angeles, California 90026, Los Angeles, 90026 - 0 bed, 0 bath
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Los Angeles, California 90026
This Value-Add Duplex Asset is positioned at a List Price of $1,400,000, which sits above the $1,294,195 Fair Market Value. Despite the pricing premium, the property offers significant upside in the high-appreciation Echo Park neighborhood. Currently maintaining a Condition Rating of 4, the 1908-built residence requires cosmetic improvements to reach market-peak rents. The layout includes a 3-bedroom front unit and a 2-bedroom upper unit, located steps from Rosemont Avenue Elementary. This acquisition is best suited for Value-Add Investors or Owner-Occupants looking to capitalize on a prime Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 228 Rosemont Ave Subject | $1,400,000* List Price | 0 | 0 | 2,094 | $618 | - |
A 2958 London Street Sold | $1,200,000 | 0 | 0 | 2,494 | $481 | 0.6 mi |
B 3538 London Active | $1,359,000 List Price | 5 | 3 | 2,258 | $602 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908, this property is well-maintained enough to be owner-occupied but shows significant signs of age and dated aesthetics. The kitchen and bathrooms feature older tile work and cabinetry that, while functional, do not meet modern luxury standards. The listing description explicitly mentions the need for cosmetic work, and the property analysis notes deferred maintenance. While there are some updates like laminate flooring, the overall condition reflects a home that has had occasional upkeep rather than a full recent renovation.
Situated in the high-demand Echo Park area with immediate access to Downtown LA and major freeways (101, 5, 110, 2), offering excellent long-term appreciation and rental demand.
This duplex configuration, featuring a 3-bedroom front unit and a 2-bedroom upper unit plus additional bonus rooms, provides a versatile layout for high-yield rental income or multi-generational living.
With both units currently owner-occupied, a buyer may have a smoother path to occupying the property or resetting rents to current market rates compared to properties with long-term tenants.
The property requires cosmetic work and, given its 1908 construction date, may need additional capital investment for modern upgrades and repairs.
The sale is subject to the sellers finding a replacement property, which introduces potential timing uncertainties and may extend the escrow period for the buyer.
This property is in a great location near echo park, providing quick access to downtown Los Angeles, with freeway access to many arterials locations 101, 5, 110, 2, the front unit consist of 3 bedrooms, 2 bath, formal dinning room, a bonus room on the outside, the upstairs units is a 2 bedroom, 1 bath, there is another bonus room next to the garage, they are both owner occupied. Subject to sellers finding another property. Long-standing neighborhood and great appreciation, excellent opportunity for investors. Property needs some cosmetic work.
No exterior & parking available.
Grades K-1 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 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 | 2,094 | 2,351 | 43% |
| Lot Size | 5,634 | 5,158 | 50% |
| Price | $1.40M | $1.21M | 79% |
| Price per sq ft | $669 | $485 | 79% |
| Built year | 1908 | 1922 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 193 | 7% |
Feb 25, 2026
$1,400,000
Initial Listing
Mar 3, 2005
$614,000
Public Record