2626 E 2nd Street, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This Residential Income Duplex represents a strategic Value-Add Opportunity in Boyle Heights. With a List Price of $600,000, the asset is valued near its $570,670 Fair Market Value. The property features two detached houses on a 6,377 sqft lot, providing exceptional Dual-Unit Income Potential and rare urban parking. Due to a Condition Rating of 5, the 1921 infrastructure requires significant modernization to maximize ROI. Located in the Los Angeles Unified district near White Memorial Hospital, this is a high-upside acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2626 E 2nd Street Subject | $600,000* List Price | 0 | 0 | 1,352 | $422 | - |
A 465 S Savannah Street Sold | $582,850 | 4 | 2 | 1,430 | $408 | 0.3 mi |
B 465 S Savannah Street Sold | $582,850 | 0 | 0 | 1,430 | $408 | 0.3 mi |
C 2966 2966-68 E 2nd Street Active | $660,300 List Price | 0 | 0 | 1,487 | $444 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921, this property is over a century old and retains vintage infrastructure that likely requires significant capital improvements to electrical, plumbing, and structural systems. The kitchen and bathrooms feature dated tile countertops and older cabinetry, and the presence of older wall heaters suggests outdated HVAC systems. The substantial price reductions and the listing's own analysis regarding deferred maintenance indicate that the home requires substantial rehabilitation to meet modern safety and quality standards.
The property features two detached houses on a single lot, offering excellent flexibility for multi-generational living or a high-yield rental strategy in a high-demand area.
Situated in the heart of Boyle Heights near White Memorial Hospital and East LA College, the location ensures strong tenant appeal and convenient access to major Los Angeles freeways.
With a 6,377 square foot lot, the property provides rare urban amenities including front and back yards, a carport, and ample off-street parking for multiple vehicles.
Built in 1921, the structures likely require significant capital improvements to modernize electrical, plumbing, and structural systems to meet current building standards.
The substantial price reduction from the original $790,000 list price suggests the property has struggled with market interest, potentially due to deferred maintenance or initial overpricing.
Two detached houses are situated in the heart of Boyle Heights. The front house offers two bedrooms, a living room, a dining room, a kitchen, one bathroom with a tub, and a service porch. Features include high ceilings in the living room, dining room, and one of the bedrooms. The rear unit features one bedroom, a spacious closet, a living room, a dining room, a kitchen, and one bathroom. The property includes front and back yards, ample parking, and a carport. It is located near East LA College, White Memorial Hospital, and various restaurants, providing urban convenience and easy access to major freeways.
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 | 1,352 | 2,150 | 7% |
| Lot Size | 6,377 | 5,864 | 67% |
| Price | $600.0K | $720.0K | 20% |
| Price per sq ft | $444 | $335 | 87% |
| Built year | 1921 | 1912 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 314 | 139 | 93% |
Mar 14, 2026
$600,000
$650,000
-8% Price Drop
Initial Listing
Feb 24, 2026
$650,000
$750,000
-13% Price Drop
Initial Listing
Aug 20, 2025
$750,000
$790,000
-5% Price Drop
Initial Listing
Aug 3, 2025
$790,000
Initial Listing
Feb 20, 2013
$240,000
Public Record