245 E 64th, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90003
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $880,000—positioned well below the $919,294 Fair Market Value by 4%. This valuation gap offers $39,294 in Instant Equity. Featuring a newly built 2025 ADU and an upgraded front unit, the property maintains a Condition Rating of 2, ensuring immediate rental readiness. With three distinct units and dedicated laundry, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hacking strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 245 E 64th Subject | $880,000* List Price | 0 | 0 | 2,200 | $418 | - |
A 217 E 77th Street Sold | $905,000 | 0 | 0 | 2,120 | $427 | 0.8 mi |
B 146 W Gage Avenue Sold | $885,000 | 0 | 0 | 2,460 | $360 | 0.3 mi |
C 204 E Gage Pending | $780,000 List Price | 0 | 0 | 2,014 | $387 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new ADU completed in 2025 and a recently upgraded front unit. With contemporary design, new construction elements, and a move-in ready status, it meets the criteria for a renovation/new build within the last 5 years.
The property features three distinct living units (Duplex + brand-new ADU), providing a versatile opportunity for high rental yield or a house-hacking strategy for owner-occupants.
With a newly completed ADU in 2025 and recent upgrades to the front unit, the property offers modern functionality and reduced immediate capital expenditure for maintenance.
Each of the three units includes its own dedicated laundry area, a premium convenience that significantly increases tenant appeal and long-term retention.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2200, other record living area = 1600.
The original structure dates back to 1920, which may present underlying maintenance challenges or require future updates to aging plumbing and electrical systems.
Fitting three separate units on a 5,405 sqft lot likely results in minimal private outdoor space and potential parking constraints for multiple households.
Beautiful income producing property featuring a duplex plus a newly built ADU completed in 2025! The front unit has been recently upgraded and offers 2 bedrooms, 1 bathroom, plus an office that can easily be used as a 3rd bedroom, providing added flexibility for extended family, guests, or a work-from home setup. The second unit features 1 bedroom and 1 bathroom, while the brand-new ADU offers 2 bedrooms and 1 bathroom with contemporary design and excellent functionality. All three units include their own laundry area, adding convenience for occupants. Situated in a great location near schools, shopping, dining, and major freeways, this property offers a fantastic opportunity for investors or owner-occupants looking for additional rental income. A versatile and move-in ready property with strong income potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,200 | 2,252 | 50% |
| Lot Size | 5,405 | 5,278.5 | 75% |
| Price | $880.0K | $765.0K | 67% |
| Price per sq ft | $400 | $359 | 58% |
| Built year | 1920 | 1929 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 198 | 3% |
May 15, 2026
$880,000
Initial Listing
Oct 3, 2023
$650,000
Public Record
Aug 31, 2018
$430,000
Public Record
Dec 15, 2017
$345,000
Public Record