2622 Idell, Los Angeles, California 90065, Los Angeles, 90065 - bed, bath

2622 Idell, Los Angeles, California 90065 home-pic-0

2622 Idell

Los Angeles, California 90065

ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,208Sq Ft
7,080Lot Size

Property Price

LIST PRICE$975,000

SUMMARY

Analysis of 2622 Idell, Los Angeles, California 90065 is currently available with a list price of $975,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1917, this property is a century-old structure that has been maintained through regular upkeep and occasional cosmetic updates, such as the installation of newer laminate flooring and interior paint seen in the photos. While the units appear functional and are currently tenant-occupied, the listing's 'value-add' designation and the age of the building suggest that major systems (plumbing, electrical) and exterior elements are outdated and will require modernization to meet current market standards.

PROSSTRENGTHS & OPPORTUNITIES

  • ADU Development Potential

    The oversized 7,080 SF lot is significantly underutilized, providing a prime opportunity to construct Accessory Dwelling Units (ADUs) in the rear to maximize density and cash flow.

  • Strategic Central Location

    Ideally situated near the 110 and 5 Freeway entrances, the property offers tenants exceptional access to Downtown Los Angeles, Dodger Stadium, and major employment hubs.

  • Substantial Rental Upside

    With all four units currently leased at below-market rates, the property presents a classic value-add opportunity for an investor to capture significant income growth through renovations.

CONSRISKS & DEFICIENCIES

  • Historic Age and Maintenance

    Built in 1917, the century-old structure likely requires significant capital expenditure for system upgrades, including plumbing, electrical, and structural maintenance.

  • Compact Living Spaces

    With a total building size of 2,208 SF, the units average only 552 SF each, which may limit the tenant pool to individuals or couples and cap the maximum achievable rent per unit.

  • Regulatory Repositioning Hurdles

    Capturing the rental upside in Los Angeles involves navigating complex rent control ordinances and potential tenant relocation costs, which can delay the implementation of a value-add program.

About 2622 Idell

We are pleased to present 2622 Idell Street, a value-add, 4-unit investment opportunity located in the Cypress Park neighborhood of Los Angeles. Situated on an oversized 7,080 SF lot, 2620 Idell Street is a 2,208 SF apartment building comprised of four one-bedroom/one-bathroom units with below market rents. The large lot is underutilized and presents an opportunity to add square footage by building ADU’s in the rear of the property. 2622 Idell Street is ideally located near the entrance to both the 110 Freeway and the 5 Freeway, giving tenants quick access to all Greater Los Angeles. The central location in Cypress Park allows tenants to easily enjoy many of the main attractions of Los Angeles such as Dodger Stadium, Downtown Los Angeles, Echo Park, the University of Southern California and the Westside of Los Angeles. 2622 Idell Street offers an amazing opportunity for an astute investor or owner-user to implement a value-add program to capture the rental upside along with the possibility of building ADU’s in the rear of the lot to fully maximize the density and potential of the property. Located in one of the most up and coming neighborhoods of Los Angeles with incredibly low inventory available, 2622 Idell Street is positioned well to capture the long-term appreciation and transformation that is underway in the neighborhood.

Property Details

Public Facts

Property Type
Quadruplex
Year Built
1917
Lot Size
7,080 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,2081,532
86%
Lot Size7,0806,062
57%
Price$975.0K$975.0K
50%
Price per sq ft$442$572
14%
Built year19171923
29%
HOA$0$0
50%
Days on market23137
14%

Pricing History

Listed for Sale

Feb 11, 2026

$975,000

Initial Listing

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