
Los Angeles, California 90031
This Turnkey Residential Income Duplex is a High-Potential Investment Opportunity, listed at $1,699,900. While currently priced slightly above the $1,635,391 Fair Market Value, the property offers significant long-term stability through its 8-bedroom, 5-bathroom configuration. Featuring a Condition Rating of 2, both units are fully renovated with modern quartz kitchens and LVP flooring, ensuring immediate rental readiness. With its dual-residence layout, this asset is perfectly suited for Buy-and-Hold Investors seeking high-yield income or Owner-Occupants looking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2326 Riverdale Avenue Subject 0 bd · 0 ba · 2,640 sqft · $575 | $1,574,900* List Price | 0 | 0 | 2,640 | $575 | - |
A 2229 Shoredale Sold 5 bd · 5 ba · 2,578 sqft · $562 · 0.2 mi | $1,449,999 | 5 | 5 | 2,578 | $562 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1928, the property has undergone a complete, high-quality modern renovation within the last 5 years. Both units feature fully updated kitchens with quartz countertops and stainless steel appliances, newly remodeled bathrooms with contemporary tile work and fixtures, new LVP flooring, new windows, and updated systems including recessed lighting and central HVAC.
The property features two separate, renovated homes (3BR/2BA and 5BR/3BA), offering exceptional flexibility for multigenerational living or high-yield rental income strategies.
Both units have been comprehensively updated with contemporary finishes, including quartz countertops, LVP flooring, and new windows, minimizing immediate maintenance costs for the buyer.
With a rare total of 8 bedrooms across both units, this duplex maximizes potential rental revenue and accommodates large families in a competitive Los Angeles market.
The property was recently sold within the past year on 2026-05-07. The sold price is $900,000.00.
The high-density configuration of two large residences on a modest 4,837 sqft lot results in minimal yard space and potentially constrained private outdoor areas.
Originally built in 1928, the property may still possess aging underlying systems despite cosmetic upgrades, which could lead to higher long-term maintenance requirements.
Two homes. One property. Endless possibilities. Welcome to 2326 Riverdale Ave, a beautifully renovated duplex offering two separate residences and an exceptionally versatile opportunity for homeowners, multigenerational living, or investors. The front residence features 3 bedrooms and 2 bathrooms, while the spacious rear residence offers an impressive 5 bedrooms and 3 bathrooms—giving you a total of 8 bedrooms and 5 bathrooms across the property. Both homes have been thoughtfully updated with a fresh, modern aesthetic, including new windows, durable LVP flooring, quartz countertops, updated kitchens and bathrooms, and contemporary finishes throughout. Warm wood-tone cabinetry, stylish tilework, upgraded showers, abundant natural light, and inviting living spaces create interiors that feel polished yet comfortable. The front home is especially charming with its distinctive arched window, while both residences offer their own character and sense of separation. The layout opens the door to multiple ownership strategies. Live in one home while renting the other to help offset your monthly payment, create space for extended family while maintaining privacy, or rent both residences and take advantage of the property as a true income-producing investment. With two renovated homes on one lot and a rare combination of space, functionality, and flexibility, 2326 Riverdale Ave is the kind of property that works just as well as a home as it does an investment.
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 | 2,640 | 2,090.331 |
| Lot Size | 4,837 | 5,852.908 |
| Price | $1.57M | $830.9K |
| Price per sq ft | $597 | $394 |
| Built year | 1928 | 1928 |
| HOA | $0 | $0 |
| Days on market | 48 | 87 |
Nov 3, 2026
$1,574,900
$1,599,900
-2% Price Drop
Initial Listing
Oct 14, 2026
$1,599,900
$1,649,800
-3% Price Drop
Initial Listing
Oct 10, 2026
$1,649,800
$1,649,900
+0% Price Increase
Initial Listing
Oct 6, 2026
$1,649,900
$1,699,800
-3% Price Drop
Initial Listing
Oct 4, 2026
$1,699,800
$1,699,900
+0% Price Increase
Initial Listing
Sep 22, 2026
$1,699,900
Initial Listing
May 7, 2026
$900,000
Public Record