243 E 68th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$780,000
243 E 68th Street, Los Angeles, California 90003
0Bed
0Bath
1,964Sqft
5,408Lot
Year Built
1964
Close
-
List price
$780K
Original List price
$775K
Price/Sqft
$397
HOA
-
Days on market
-
Sold On
-
MLS number
IV25230202
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $780.0K(94th), sqft - 1964(94th), beds - undefined(2th), baths - undefined(2th).
PRICE REDUCTION!!!!!CENTRALY LOCATED. NICE DUPLEX, BACK UNIT 3 BED 1.5 BATH. OWNER OCCUPIED. FRONT UNIT 2 BED. 1 BATH. CLOSE TO FREEWAYS AND TRANSPORTATIONS. Both units have new floors and updated bathrooms. SELLERS VERY MOTIVATED. MUST SEE, BRING YOUR OFFER.
Price History
Date
Event
Price
10/03/25
Listing
$775,000
10/03/25
Price Change
$780,000
01/11/07
Sold
$560,000
08/24/99
Sold
$168,000
11/18/94
Sold
$168,000
Condition Rating
Fair
Built in 1964, this property is aged. While the listing mentions 'new floors and updated bathrooms,' which is evident in the laminate flooring and one bathroom's modern tiling and vanity, the kitchens present an inconsistent picture. One kitchen (Image 7) is significantly outdated with old white cabinets and no modern features, while the other (Image 5) also appears dated. Light fixtures are basic, and the presence of portable AC units suggests a lack of central cooling. The property is functional and has received some recent cosmetic updates, but major systems are likely original or old, and further significant updates are needed, especially in the kitchens, to meet current standards.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex with two distinct units (3 bed/1.5 bath and 2 bed/1 bath), offering significant income potential for investors or an owner-occupant looking to offset mortgage costs.
Recent Cosmetic Updates: Both units feature new floors and updated bathrooms, reducing immediate renovation needs and enhancing the property's appeal to potential tenants or residents.
Central & Accessible Location: Strategically located in Los Angeles, the property offers excellent access to freeways and public transportation, a key advantage for commuters and urban living.
Motivated Sellers: The listing explicitly states 'SELLERS VERY MOTIVATED' and 'PRICE REDUCTION', indicating a strong willingness to negotiate and potentially secure a favorable deal for buyers.
Owner-Occupancy Potential: With one unit currently owner-occupied, the property presents an opportunity for a buyer to live in one unit while renting out the other, or for an investor to potentially acquire a vacant unit.
Cons
Age of Property & Unspecified System Updates: Built in 1964, the property is 60 years old. While cosmetic updates are noted, the description lacks details on major system upgrades (e.g., plumbing, electrical, HVAC, roof), which may require significant future investment.
Inconsistent Listing Information: The property is described as a 'DUPLEX' but listed as a 'Single Family Residence,' and the 'PRICE REDUCTION' claim contradicts the provided price history showing an increase from the initial list price, which can create buyer confusion.
Limited Scope of Noted Renovations: Only 'new floors and updated bathrooms' are highlighted. This suggests that other critical areas, such as kitchens (beyond bathrooms), windows, or exterior elements, may not have been updated, potentially leading to additional buyer expenses.