228 Rosemont, Los Angeles, California 90026, Los Angeles, 90026 - 0 bed, 0 bath
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228 Rosemont
Los Angeles, California 90026
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,094Sq Ft
5,634Lot Size
Property Price
LIST PRICE$1,000,000
EST. MARKET VALUE
$875,122
14% AboveMARKET VALUE
SUMMARY
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $1,000,000—positioned well below the $875,123 Fair Market Value by -14%. Featuring a Condition Rating of 4, the property offers significant value-add potential through cosmetic updates. With both units delivered vacant, this asset is primed for immediate market-rate leasing or owner-occupancy. Its strategic location near downtown LA and major freeways ensures long-term demand, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property.
Estimated Market Value
$875,122
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 228 Rosemont Subject 0 bd · 0 ba · 2,094 sqft · $418 | $1,000,000* List Price | 0 | 0 | 2,094 | $418 | - |
A 981 W Kensington Sold 0 bd · 0 ba · 1,993 sqft · $414 · 0.9 mi | $825,000 | 0 | 0 | 1,993 | $414 | 0.9 mi |
B 406 N Rampart Boulevard Sold 0 bd · 0 ba · 2,280 sqft · $351 · 0.3 mi | $800,000 | 0 | 0 | 2,280 | $351 | 0.3 mi |
C 1131 Echo Park Ave Active 0 bd · 0 ba · 2,080 sqft · $505 · 0.8 mi | $1,050,000 List Price | 0 | 0 | 2,080 | $505 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Originally built in 1908, the property is significantly aged. While the upstairs unit features a remodeled kitchen and bath, the downstairs unit and exterior are noted to need cosmetic work. The property is functional and owner-occupied but dated overall, requiring updates to the older sections and systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
Situated in the high-demand Silver Lake/Echo Park area, the property offers exceptional access to Downtown LA and four major freeways, ensuring strong long-term appreciation and high tenant demand.
- Delivered Vacant
Both units will be delivered vacant at closing, a significant advantage in Los Angeles that allows the new owner to immediately set market-rate rents or occupy the property without tenant relocation issues.
- Versatile Layout & Bonus Spaces
The property features a duplex configuration plus additional bonus rooms with bathrooms off the garage and exterior, providing substantial potential for multi-generational living or increased rental yield.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
Built in 1908 and requiring cosmetic work, the property likely needs additional capital investment to modernize aging systems and improve its overall aesthetic appeal.
- Mixed School Ratings
While there are many nearby educational options, the assigned middle and high schools currently hold lower performance ratings, which may be a drawback for families prioritizing top-tier public education.
About 228 Rosemont
GREAT OPPORTUNITY NEW PRICE. Property recently appraised by an independent appraiser, great location, quick access to downtown Los Angeles, Echo Park, easy freeways access locations to 101, 5, 110, 2. Downstairs unit consist of 3 bedrooms, 2 bath, formal dinning room plus a bonus room on the outside with bathroom and another room of the garage with bathroom, 2nd units upstairs is a very nice 2 bedroom 1 bath remodeled kitchen and bath, they are both owner occupied and both units are to be delivery vacant. Property needs some cosmetic work, excellent opportunity for a buyer looking to call this property home.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1908
- Lot Size
- 5,634 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Lake Street Primary School
Grades K-1 • 0.2 mi
0/10
Rosemont Avenue Elementary School
Grades K-5 • 0.2 mi
5/10
Union Avenue Elementary School
Grades K-5 • 0.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,094 | 2,090.331 |
| Lot Size | 5,634 | 5,852.908 |
| Price | $1.00M | $830.9K |
| Price per sq ft | $478 | $394 |
| Built year | 1908 | 1928 |
| HOA | $0 | $0 |
| Days on market | 55 | 87 |
Pricing History
Listed for Sale
Sep 15, 2026
$1,000,000
Initial Listing
Sold
Mar 3, 2005
$614,000
Public Record