251 E 105th, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Prime Investment Opportunity is a turnkey duplex listed at $735,000, positioned well below the $760,100 Fair Market Value by 3%. This valuation gap offers $25,100 in Instant Equity. With a Condition Rating of 3, the property features a 2025-renovated unit and generates $4,976 in monthly income. The inclusion of water submeters and tenant-paid utilities ensures efficient operations. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking immediate cash flow and long-term stability in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 251 E 105th Subject | $735,000* List Price | 0 | 0 | 1,688 | $450 | - |
A 157 E 104th Street Sold | $775,000 | 0 | 0 | 1,734 | $447 | 0.1 mi |
B 155 157 W 103 Street Sold | $710,000 | 0 | 0 | 1,352 | $525 | 0.4 mi |
C 147 E 95th Street Sold | $599,000 | 0 | 0 | 1,440 | $416 | 0.7 mi |
D 233 E 105th Active | $849,990 List Price | 0 | 0 | 1,778 | $478 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1925 duplex that benefits from a very recent (2025) renovation in one unit, including the kitchen and bathroom, while the second unit received a paint refresh. Although the interiors are move-in ready and turnkey for tenants, the aerial photography reveals visible wear and patching on the flat roofs. This indicates the property is well-maintained and functional but does not meet the 'mint condition/no maintenance' requirement for an Excellent rating.
The property generates a robust monthly income of $4,976, offering immediate cash flow and a high gross yield for investors in the Los Angeles market.
Significant updates in 2025, including a remodeled kitchen, renovated bathroom, and new flooring in the primary unit, reduce the need for immediate capital expenditures.
The installation of water submeters and the arrangement for tenants to pay all utilities significantly lowers owner overhead and simplifies expense tracking.
Unit 251 is subject to the Los Angeles Rent Stabilization Ordinance (RSO), which limits annual rent increases and imposes stricter tenant protections.
Originally built in 1925, the property may have underlying maintenance requirements typical of century-old structures that are not addressed by recent cosmetic renovations.
Excellent income-producing duplex opportunity in Los Angeles! This well-maintained property features two separate units totaling 1,688 square feet on a 3,500-square-foot lot. Unit (251) offers 2 bedrooms and 1 bathroom and was tastefully updated in 2025 with new flooring throughout, a remodeled kitchen, and a beautifully renovated bathroom. This unit falls under RSO/SCEP. Unit (253) features a 1 bedroom and 1 bathroom recently painted inside in 2025. This unit is not subject to RSO but still falls under yearly SCEP inspections. This duplex provides a desirable unit mix for tenants or an owner-occupant. Currently generating $4,976 per month in rental income, this property offers immediate cash flow with tenants responsible for all utilities. Additional features include driveway parking, owner-installed water submeters to allocate water usage, and a convenient location with easy access to shopping, schools, public transportation, and major freeways. Whether you're expanding your investment portfolio or looking for the flexibility of living in one unit while generating rental income from the other, this duplex presents an outstanding opportunity with recent improvements and strong income potential. Don't miss your chance to own a turnkey investment in the heart of Los Angeles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,688 | 2,250 |
| Lot Size | 3,500 | 5,864 |
| Price | $735.0K | $826.7K |
| Price per sq ft | $435 | $395 |
| Built year | 1925 | 1925 |
| HOA | $0 | $0 |
| Days on market | 9 | 83 |
Jul 13, 2026
$735,000
Initial Listing
Feb 16, 2007
$250,000
Public Record