
Los Angeles, California 90032
This duplex presents a High-Potential Investment Opportunity with a List Price of $789,000—positioned well below the $971,063 Fair Market Value by 18%. This valuation gap offers $182,063 in Instant Equity for buyers. Featuring a Fair Condition Rating, the property requires modernization but provides immediate cash flow through existing tenancies. Its strategic location near upcoming global events ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income while building significant equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2616 Haven Subject | $789,000* List Price | 0 | 0 | 2,008 | $484 | - |
A 5141 Oakland Sold | $750,000 | 4 | 3 | 1,764 | $425 | 0.8 mi |
B 3817 Drysdale Active | $829,000 List Price | 0 | 0 | 1,992 | $416 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, this duplex shows a mix of conditions; while some bedrooms have updated laminate flooring, other areas feature dated drop ceilings, older carpeting, and wood paneling. The description's focus on 'upside potential' and the lack of mentioned upgrades to major systems or kitchens suggest the property is functional but requires significant cosmetic and system modernization.
Both units are currently tenant-occupied, providing immediate cash flow and making it a turnkey opportunity for investors from day one.
Centrally located near major transportation and amenities, the property is well-positioned to benefit from the appreciation driven by upcoming global events like the World Cup and Olympics.
The duplex configuration offers excellent flexibility for multi-generational living, pure investment, or an owner-user looking to live in one unit while renting the other.
Built in 1949, the property may require capital improvements or updates to its older systems to maintain competitiveness and meet modern building standards.
Since both units are currently occupied, an owner-user would need to navigate existing lease agreements and local tenant laws to secure possession of a unit.
Rare chance to own a beautifully positioned duplex in the heart of Los Angeles, offering incredible convenience, strong rental demand, and outstanding future potential. This location is truly unbeatable — centrally positioned near the excitement and global attention surrounding upcoming world-class events including the World Cup and Olympic Games, making this an even more desirable long-term investment in one of the nation’s most dynamic real estate markets. Each unit offers privacy, comfortable living spaces, and strong tenant appeal, while the overall property presents tremendous upside potential for future appreciation. Opportunities like this are becoming increasingly rare in Los Angeles.
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 | 2,008 | 1,783 | 64% |
| Lot Size | 4,800 | 7,154 | 27% |
| Price | $789.0K | $750.0K | 55% |
| Price per sq ft | $393 | $499 | 27% |
| Built year | 1949 | 1930 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 106 | 18% |
May 13, 2026
$789,000
Initial Listing
Apr 29, 2002
$224,000
Public Record
May 10, 1996
$230,000
Public Record