
Los Angeles, California 90065
This recently remodeled duplex represents a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,168,968 Fair Market Value by 5%. This valuation gap provides $68,968 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the property offers turnkey interiors and an expansive backyard with scenic hillside views. This versatile asset is perfectly suited for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2626 Crestmoore Place Subject | $1,100,000* List Price | 2 | 2 | 1,440 | $812 | - |
A 3770 Cazador Street Sold | $1,400,000 | 3 | 2 | 1,460 | $959 | 0.5 mi |
B 2823 W Avenue 32 Sold | $1,352,823 | 2 | 2 | 1,627 | $831 | 0.4 mi |
C 4020 W Avenue 40 Sold | $1,185,000 | 3 | 3 | 1,649 | $719 | 0.7 mi |
D 3663 Roderick Road Sold | $1,203,663 | 3 | 2 | 1,410 | $854 | 0.4 mi |
E 2409 Yorkshire Drive Sold | $1,367,000 | 3 | 3 | 2,016 | $678 | 0.3 mi |
F 3828 Toland Way Sold | $1,140,000 | 3 | 2 | 1,200 | $950 | 0.4 mi |
G 3217 Future Street Sold | $1,273,250 | 3 | 2 | 1,505 | $846 | 0.8 mi |
H 2101 Rome Drive Active | $1,295,000 List Price | 4 | 3 | 1,699 | $762 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a recent full renovation with a modern kitchen including shaker cabinets and stone countertops, new flooring, updated appliances, and fresh interior/exterior paint, meeting the criteria for a mint-condition remodel under 5 years old.
As a recently remodeled duplex, this property offers excellent flexibility for owner-occupants to generate rental income from one unit or for investors to maximize cash flow by leasing both residences.
Both units feature modern upgrades including new flooring, updated appliances, and high-quality finishes throughout, significantly reducing the need for immediate capital improvements.
Situated on a quiet street near the Glassell Park Recreation Center, the property boasts an expansive backyard with established fruit vines, offering rare outdoor space for gardening and entertaining.
Being a bank-owned property, the sale may involve more rigid terms, specific lender requirements, and a less flexible negotiation process than a traditional equity sale.
With a total of 1,440 square feet split between two units, the individual living spaces are relatively compact, which may limit appeal for larger households or those seeking more spacious interiors.
Bank-Owned Duplex in the scenic hills of Glassell Park. Featuring two recently remodeled units, this versatile property presents an excellent opportunity for investors, owner-occupants, or multigenerational households. Live in one unit while generating rental income from the other, or lease both units to maximize the property's income potential. Each residence offers an open floor plan filled with natural light, new flooring, updated appliances, and high-quality finishes throughout. The expansive backyard features a large grassy area, established passion fruit vines, and trellises ready for grapevines providing abundant space to garden, entertain, or enjoy the outdoors. Tucked away on a quiet street, the property is conveniently located near the Glassell Park Recreation Center, offering baseball fields, tennis and basketball courts, a swimming pool, gym, barbecue areas, and more. A rare opportunity to acquire a wonderful property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,440 | 1,664.159 |
| Lot Size | 4,890 | 6,066.556 |
| Price | $1.10M | $1.35M |
| Price per sq ft | $764 | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 12 | 55 |
Aug 28, 2026
$1,100,000
Initial Listing
Sep 9, 2024
$849,500
Public Record