2426 Medford, Los Angeles, California 90033, Los Angeles, 90033 - 2 bed, 2 bath
2426 Medford
Los Angeles, California 90033
Property Price
SUMMARY
Analysis of 2426 Medford, Los Angeles, California 90033 is currently available with a list price of $599,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
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.
- Stable Rental Income
This duplex is a turnkey investment with reliable, on-time paying tenants already in place, ensuring immediate cash flow upon acquisition.
- Low Operating Costs
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.
CONSRISKS & DEFICIENCIES
- Limited Living Space
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.
- Aged Infrastructure
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.
About 2426 Medford
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!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1926
- Lot Size
- 2,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | - | 85% |
| Baths | 2.0 | - | 85% |
| Square foot | 808 | 2,269 | 8% |
| Lot Size | 2,500 | 5,849 | 8% |
| Price | $599.0K | $750.0K | 31% |
| Price per sq ft | $741 | $380 | 85% |
| Built year | 1926 | 1925 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 211 | 8% |
Pricing History
Listed for Sale
Feb 24, 2026
$599,000
Initial Listing
Sold
Dec 29, 2020
$450,000
Public Record
Sold
Apr 30, 2018
$345,000
Public Record
Sold
Feb 11, 2013
$188,000
Public Record