2426 Medford, Los Angeles, California 90033, Los Angeles, 90033 - 2 bed, 2 bath
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Los Angeles, California 90033
This Residential Income Duplex represents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well below the $690,256 Fair Market Value by 13%. This valuation gap offers $91,256 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring a brand-new roof and a 2021 remodel of one unit with modern shaker cabinets and stone countertops. With stable rental income and low maintenance costs, this turnkey asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2426 Medford Subject | $599,000* List Price | 2 | 2 | 808 | $854 | - |
A 2428 Zonal Avenue Sold | $750,000 | 0 | 0 | 872 | $860 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a brand-new roof installed last year and a 2021 remodel of one unit. The updated kitchen includes modern white shaker cabinets, stone countertops, and stainless steel appliances. While the 1926 structure utilizes older wall heaters and window AC units, the updated laminate flooring and recent capital improvements meet the criteria for a well-maintained, functional property.
The property features a brand-new roof installed last year and one unit that was remodeled in 2021, significantly reducing immediate deferred maintenance for the buyer.
This duplex is a turnkey investment with reliable, on-time paying tenants already in place, ensuring immediate cash flow upon acquisition.
Maintenance expenses are minimized as tenants are responsible for lawn care, and the inclusion of an extra storage room adds tenant value without increasing overhead.
With a total of only 808 square feet for two units, the individual living areas are quite small, which may limit long-term rental growth and appeal to a broader tenant base.
Built in 1926 and sold in 'as-is' condition, the property likely possesses aged plumbing or electrical systems typical of its era that may require future capital investment.
Well-maintained duplex in a convenient, desirable location. This is a fantastic investment opportunity with reliable tenants who pay on time. The roof was replaced last year, adding value and peace of mind for the new owner. Unit 2428 has been remodeled since 2021, offering updated features and added appeal. There is also an extra storage room, providing added convenience and value for tenants. Tenants are responsible for mowing the lawn, helping keep maintenance costs low. Property is being sold as-is. Don’t miss this opportunity to own a solid, income-producing property in a great area!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 0.0 | 82% |
| Baths | 2.0 | 0.0 | 82% |
| Square foot | 808 | 2,156 | 9% |
| Lot Size | 2,500 | 5,840 | 9% |
| Price | $599.0K | $685.0K | 36% |
| Price per sq ft | $741 | $408 | 91% |
| Built year | 1926 | 1925 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 204 | 18% |
Feb 24, 2026
$599,000
Initial Listing
Dec 29, 2020
$450,000
Public Record
Apr 30, 2018
$345,000
Public Record
Feb 11, 2013
$188,000
Public Record