2428 S Dunsmuir, Los Angeles, California 90016, Los Angeles, 90016 - bed, bath

2428 S Dunsmuir, Los Angeles, California 90016 home-pic-0
ACTIVE$1,150,000$1,600/sqft
2428 S Dunsmuir, Los Angeles, California 90016
0Bed
0Bath
1,600Sqft
6,494Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Rental Income & Investment Potential: The property generates a substantial $5,025 in monthly rental income, positioning it as an excellent investment opportunity with immediate cash flow.
Top Cons:
Advanced Age of Construction: Built in 1924, the property is nearly a century old, which may indicate aging infrastructure (plumbing, electrical) and potential for higher maintenance costs or future system upgrades.

Compared to the nearby listings

Price:$1.15M vs avg $1.25M ($-100,000)50%
Size:1,600 sqft vs avg 3,156 sqft50%
Price/sqft:$719 vs avg $54683%

More Insights

Built in 1924 (102 years old).
Condition: Built in 1924, this property is well-maintained for its age, as described, and appears clean throughout. However, the kitchen features dated white tile countertops, older white appliances, and a vintage sink, while the bathroom also retains a classic, albeit dated, style with hexagonal mosaic floor tiles and a pedestal sink. The hardwood floors in the living areas show significant wear and tear, and the heating/cooling consists of wall heaters and window AC units, not modern central systems. While functional and cared for, these elements require substantial updates to meet current aesthetic and amenity standards, aligning with the 'Fair' category's description of an aged but maintained home where major components are functional but show signs of being outdated.
Year Built
1924
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$719
HOA
-
Days on market
-
Sold On
-
MLS number
OC26006418
Home ConditionFair
Features
Deck
View-

About this home

EXCELLENT INVESTMENT OPPORTUNITY for those looking to purchase a rare, impeccably maintained Spanish-style duplex in prime Mid-City, just minutes from vibrant Downtown Culver City. GENERATING $5,025 IN MONTHLY RENTAL INCOME, this charming single-story property features two side-by-side units, each offering 2 bedrooms and 1 bath with hardwood floors and original Spanish details throughout. Both units provide approximately 800 square feet of bright, well-designed living space and have been meticulously cared for. One unit is MTM, with the other unit's lease expiring in June 2026. Nestled in a quiet, tranquil neighborhood near Venice Boulevard and the 10 Freeway, this location delivers the perfect blend of serenity and convenience—close to top dining, shopping, entertainment, and major commuter routes. A true gem combining charm, comfort, and an unbeatable location.

C
Christopher Carlson
Listing Agent

Price History

Date
Event
Price
05/18/16
Sold
$685,500
07/19/05
Sold
$535,000
Condition Rating
Fair

Built in 1924, this property is well-maintained for its age, as described, and appears clean throughout. However, the kitchen features dated white tile countertops, older white appliances, and a vintage sink, while the bathroom also retains a classic, albeit dated, style with hexagonal mosaic floor tiles and a pedestal sink. The hardwood floors in the living areas show significant wear and tear, and the heating/cooling consists of wall heaters and window AC units, not modern central systems. While functional and cared for, these elements require substantial updates to meet current aesthetic and amenity standards, aligning with the 'Fair' category's description of an aged but maintained home where major components are functional but show signs of being outdated.
Pros & Cons

Pros

High Rental Income & Investment Potential: The property generates a substantial $5,025 in monthly rental income, positioning it as an excellent investment opportunity with immediate cash flow.
Desirable Mid-City Location: Situated in a prime Mid-City neighborhood, offering a blend of tranquility and convenience with close proximity to Downtown Culver City, major commuter routes, dining, shopping, and entertainment.
Charming & Well-Maintained Spanish Duplex: Features a rare, impeccably maintained Spanish-style architecture with original details and hardwood floors, enhancing its aesthetic appeal and long-term value.
Flexible Tenancy for One Unit: One of the two units is on a month-to-month lease, providing immediate flexibility for a new owner to adjust rents, occupy, or re-tenant.
Income-Generating Duplex Configuration: The property's duplex layout with two 2-bed/1-bath units offers diversified rental income streams and potential for owner-occupancy with supplementary income.

Cons

Advanced Age of Construction: Built in 1924, the property is nearly a century old, which may indicate aging infrastructure (plumbing, electrical) and potential for higher maintenance costs or future system upgrades.
Unspecified Parking & Modern Amenities: The listing does not specify dedicated parking, a critical feature in Los Angeles, nor does it explicitly mention modern amenities such as central air conditioning, which could be a drawback for tenants.
Long-Term Lease on One Unit: One unit has a lease expiring in June 2026, which, while providing stable income, limits the new owner's immediate flexibility to increase rent or occupy that unit for over two years.
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