
Los Angeles, California 90033
This Income-Producing Duplex represents a High-Potential Investment Opportunity, listed at $849,900. While the list price exceeds the estimated market value, the property’s No Rent Control status and Good Condition Rating provide significant long-term stability. The lower unit’s recent remodel and vacant delivery allow for immediate market-rate leasing. Situated near the Los Angeles General Medical Center, this asset is perfectly positioned for high-demand professional rentals. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2500 Fairmount Subject 0 bd · 0 ba · 1,676 sqft · $443 | $849,900* List Price | 0 | 0 | 1,676 | $443 | - |
A 2043 City View Sold 0 bd · 0 ba · 1,512 sqft · $403 · 0.4 mi | $610,000 | 0 | 0 | 1,512 | $403 | 0.4 mi |
B 2925-2927 Michigan Sold 0 bd · 0 ba · 2,079 sqft · $404 · 0.6 mi | $839,000 | 0 | 0 | 2,079 | $404 | 0.6 mi |
C 2627 Pomeroy Avenue Pending 0 bd · 0 ba · 1,544 sqft · $544 · 0.3 mi | $834,900 | 0 | 0 | 1,544 | $544 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2006 (18 years old), placing it in the 'Good' age bracket. The lower unit has a recent renovation (<5 years) with new flooring and paint, while the upper unit appears well-maintained with original 2006 finishes. Systems like wall heaters are functional but dated, and the overall structure is move-in ready.
As a 2006 construction, this duplex is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), providing investors with rare flexibility to set and adjust rents to full market value.
The property's proximity to Los Angeles General Medical Center and Downtown LA makes it a prime target for high-quality tenants, including healthcare professionals and traveling nurses.
The lower unit is newly remodeled and delivered vacant at close of escrow, allowing an owner-occupant or investor to immediately capitalize on market-rate rents without renovation delays.
Each unit features three bedrooms but only one bathroom, which may be a competitive disadvantage for larger families or professional roommates seeking more convenience.
With a lot size of just 3,094 square feet, the property offers minimal outdoor space and limited yard area, which may reduce its appeal to tenants with pets or those desiring private outdoor living.
REMODELED VACANT UNIT! NO RENT CONTROL! PRIME LOS ANGELES DUPLEX OPPORTUNITY! Welcome to 2500 Fairmount St., Los Angeles, CA 90033! An exceptional opportunity for investors and owner-occupants seeking rental income potential and long-term value! This duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, for a combined total of 6 bedrooms and 2 bathrooms. The lower unit has been newly remodeled, featuring new flooring, fresh interior paint, and an updated kitchen, creating a modern and inviting living space. BEST OF ALL, THE LOWER UNIT WILL BE DELIVERED VACANT AT CLOSE OF ESCROW! This provides an excellent opportunity for buyers looking to occupy one unit while collecting rental income from the other, or investors seeking to secure a new tenant. Each unit includes its own washer and dryer hookups, offering added convenience and functionality. MAJOR INVESTMENT ADVANTAGE: NO RENT CONTROL! This property presents an attractive opportunity for investors seeking rental flexibility and long-term income potential. Ideally situated near Los Angeles General Medical Center (formerly USC Medical Center), Downtown Los Angeles, major freeways, and surrounding employment centers, this location offers convenient access to some of the city's major destinations. Its proximity to the medical center also creates potential appeal for healthcare professionals, traveling nurses, and other prospective tenants. Whether you're looking to expand your investment portfolio, establish a rental income stream, or take advantage of owner-occupied multifamily living, this property checks all the boxes! DON'T MISS THIS OPPORTUNITY TO OWN A REMODELED, INCOME-PRODUCING DUPLEX WITH NO RENT CONTROL IN LOS ANGELES! SCHEDULE YOUR PRIVATE SHOWING TODAY!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,676 | 2,090.331 |
| Lot Size | 3,094 | 5,852.908 |
| Price | $849.9K | $830.9K |
| Price per sq ft | $507 | $394 |
| Built year | 2006 | 1928 |
| HOA | $0 | $0 |
| Days on market | 14 | 87 |
Oct 26, 2026
$849,900
Initial Listing
Oct 19, 2011
$340,003
Public Record
May 16, 2007
$599,000
Public Record
Mar 21, 2006
$200,000
Public Record
May 7, 2004
$275,000
Public Record