253 E 82nd, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

253 E 82nd, Los Angeles, California 90003 home-pic-0
ACTIVE UNDER CONTRACT$750,000
253 E 82nd, Los Angeles, California 90003
0Bed
0Bath
1,612Sqft
2,612Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Duplex Configuration & Income Potential: This property is a versatile duplex, offering excellent rental income potential for investors or the flexibility for an owner-occupant to live in one unit and rent the other.
Top Cons:
Age of Original Structure: Built in 1964, while the units are remodeled, the underlying structure's age may raise concerns about older systems (e.g., plumbing, electrical, foundation) that might not have been fully updated.

Compared to the nearby listings

Price:$750.0K vs avg $747.5K (+$2,500)50%
Size:1,612 sqft vs avg 1,783 sqft38%
Price/sqft:$465 vs avg $37579%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, this duplex has been fully and extensively remodeled, as stated in the description and clearly visible in the images. Both units feature modern kitchens with new gray shaker-style cabinets, white quartz countertops, stylish mosaic backsplashes, and contemporary black fixtures. The bathrooms are equally updated with floor-to-ceiling marble-look tile, new vanities, and modern shower fixtures. New large-format marble-look tile flooring and fresh paint are consistent throughout, giving the entire property a virtually new and modern feel. While kitchen appliances are not shown, the installed components are of excellent, current quality, indicating a recent, comprehensive renovation.
Year Built
1964
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$465
HOA
-
Days on market
-
Sold On
-
MLS number
DW25239005
Home ConditionExcellent
Features
Patio
View-

About this home

Beautifully Remodeled Duplex in the Heart of Los Angeles! Welcome to 253 E 82nd St, a versatile 4-bedroom, 2-bathroom duplex offering an incredible opportunity for both investors and owner-occupants. Each unit features 2 spacious bedrooms and 1 bathroom, and both units have been fully remodeled, showcasing stylish modern finishes and move-in-ready appeal. With both units currently ready to occupy or rent, this property provides flexibility — live in one and rent the other, or lease both for excellent rental income potential. The home sits on a well-utilized lot with parking for each unit. Ideally located near parks, schools, shopping, and major freeway access, this turnkey duplex offers the perfect blend of comfort, income potential, and location. Don’t miss this rare chance to own a fully updated, ready-to-go investment property in the heart of Los Angeles!

Price History

Date
Event
Price
03/29/18
Sold
$340,000
Condition Rating
Excellent

Despite being built in 1964, this duplex has been fully and extensively remodeled, as stated in the description and clearly visible in the images. Both units feature modern kitchens with new gray shaker-style cabinets, white quartz countertops, stylish mosaic backsplashes, and contemporary black fixtures. The bathrooms are equally updated with floor-to-ceiling marble-look tile, new vanities, and modern shower fixtures. New large-format marble-look tile flooring and fresh paint are consistent throughout, giving the entire property a virtually new and modern feel. While kitchen appliances are not shown, the installed components are of excellent, current quality, indicating a recent, comprehensive renovation.
Pros & Cons

Pros

Duplex Configuration & Income Potential: This property is a versatile duplex, offering excellent rental income potential for investors or the flexibility for an owner-occupant to live in one unit and rent the other.
Fully Remodeled & Turnkey: Both units have been fully remodeled with stylish modern finishes, making the property move-in ready and minimizing immediate renovation costs for a new owner.
Strategic Los Angeles Location: Located in the 'Heart of Los Angeles,' the property boasts an ideal position near parks, schools, shopping, and major freeway access, enhancing its desirability and convenience.
Broad Buyer Appeal: The property's configuration and condition appeal to a wide range of buyers, including both owner-occupants seeking supplemental income and pure real estate investors.
Dedicated Parking: The well-utilized lot provides parking for each unit, a significant advantage in a dense urban area like Los Angeles.

Cons

Age of Original Structure: Built in 1964, while the units are remodeled, the underlying structure's age may raise concerns about older systems (e.g., plumbing, electrical, foundation) that might not have been fully updated.
Limited Lot Size: With a lot size of 2612 sqft, the property offers relatively limited outdoor space, which could be a drawback for buyers seeking larger yards or expansion potential.
Lack of Highlighted Luxury Amenities: Despite being remodeled, the description does not specify high-end or luxury amenities (e.g., central air conditioning, smart home features, premium appliances) that could differentiate it in a competitive market.

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