
Los Angeles, California 90007
This property presents a High-Potential Investment Opportunity with a List Price of $975,000—positioned well below the $1,008,527 Fair Market Value by 3%. This valuation gap offers $33,527 in Instant Equity for buyers. Featuring a Fair Condition Rating, this 1899 duplex requires a full rehab, yet offers significant upside through its 7-bedroom layout and detached 3-car garage. Ideally located near USC and DTLA, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2422 Juliet Street Subject | $975,000* List Price | 7 | 4 | 2,856 | $353 | - |
A 1320 W 25th Street Pending | $1,000,000 List Price | 0 | 0 | 2,628 | $381 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1899 and explicitly marketed as a 'fixer-upper' and 'value-add opportunity,' this property requires a full rehab. While interior photos show some cosmetic surface updates like laminate flooring and paint, the age and listing description suggest significant deferred maintenance and outdated major systems (HVAC/Electric) and kitchens/baths.
Situated in the desirable West Adams District near USC, Exposition Park, and DTLA, offering excellent rental demand and strong income potential for investors or owner-users.
Delivered fully vacant, providing an immediate value-add opportunity to renovate and lease both units at market rates without tenant relocation complications.
Features a detached 3-car garage plus additional parking space behind the house, which is a highly valuable and rare amenity in this dense Los Angeles neighborhood.
Built in 1899, this historic property requires significant renovation and updates, which will demand substantial upfront capital and construction management.
The listing requires the buyer to independently verify all square footage, permits, and intended use with the City, indicating potential unpermitted work or compliance hurdles.
Charming 1899 duplex in the West Adams District offering 7 bedrooms, 4 baths, and 2,856 sq ft of living space on a 7,178 sq ft lot. Fully vacant as of July 1, this property is a true value-add opportunity, ideal for investors or owner-users seeking income potential near USC, Exposition Park, and DTLA. Additional parking is available in the back behind the house, plus a detached 3-car garage. A great fixer-upper with classic character details, generous room sizes, and strong upside for renovation. Buyer to verify all square footage, permits, and intended use with the City of Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 5.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,856 | 2,250 |
| Lot Size | 7,178 | 5,864 |
| Price | $975.0K | $826.7K |
| Price per sq ft | $341 | $395 |
| Built year | 1899 | 1925 |
| HOA | $0 | $0 |
| Days on market | 34 | 83 |
Jun 25, 2026
$975,000
$1,050,000
-7% Price Drop
Initial Listing
Jun 18, 2026
$1,050,000
Initial Listing
Dec 1, 1967
$6,500
Public Record