264 Margaret, Los Angeles, California 90022, Los Angeles, 90022 - bed, bath
264 Margaret
Los Angeles, California 90022
Property Price
SUMMARY
Analysis of 264 Margaret, Los Angeles, California 90022 is currently available with a list price of $770,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1947, this property is over 75 years old with no indication of recent major renovations. The exterior shows significant deferred maintenance, including faded paint, peeling stucco on the garages, and an old awning. The presence of a window AC unit suggests outdated cooling systems. Crucially, there are no interior images provided, especially of the kitchens and bathrooms, which strongly implies they are original or very outdated and would require substantial rehabilitation and modernization to be considered functional and appealing. The property analysis also highlights 'Advanced Property Age' and 'Unspecified Current Condition & Renovation Status' as weaknesses, indicating a need for significant capital expenditures for system upgrades and cosmetic improvements.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Income Potential
The property offers significant rental income opportunities, featuring a total of four distinct units (three 1-bedroom/1-bathroom units with laundry, plus a bonus studio unit) along with four dedicated garages.
- Strategic Location & Accessibility
Situated in a quiet neighborhood, the property boasts excellent connectivity with easy access to the 60 freeway, metro stations, and proximity to key areas like Monterey Park, Montebello, East Los Angeles, and essential local amenities.
- Valuable Dedicated Parking
The inclusion of four separate garages provides a substantial advantage for tenants, offering secure parking or additional storage space, which is highly sought after in urban environments.
CONSRISKS & DEFICIENCIES
- Advanced Property Age
Built in 1947, the property is over 75 years old, suggesting potential for outdated infrastructure (plumbing, electrical) and a higher likelihood of requiring significant capital expenditures for system upgrades or general modernization.
- Unspecified Current Condition & Renovation Status
The listing lacks details regarding recent renovations or the current condition of the individual units, which could imply a need for substantial cosmetic or functional improvements to maximize rental value.
- Potential Unit Count Discrepancy
While advertised with '3 units AND bonus bachelor unit,' the property's subtype is listed as 'Triplex.' This discrepancy could raise questions regarding the legal permitting or status of the fourth 'bonus' unit, potentially impacting financing or future compliance.
About 264 Margaret
For Sale: Bonus Unit + 3 Units + 4 Garages on a lot. Welcome to this quiet and peaceful neighbor: Conveniently located with easy access to Monterey Park, Montebello, East Los Angeles, local churches, grocery stores, parks, shops, metro stations, and the 60 freeway. The property includes: 3 units AND bonus bachelor unit (studio layout). Each of the 3 units has its own kitchen, 1 bathroom, 1 bedroom and laundry area. The bonus unit is a bachelor or studio layout. GREAT FOR YOUR INVESTMENT.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1947
- Lot Size
- 6,088 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,174 | 1,977 | 70% |
| Lot Size | 6,088 | 6,351 | 35% |
| Price | $770.0K | $774.5K | 50% |
| Price per sq ft | $354 | $381 | 25% |
| Built year | 1947 | 1928 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 219 | 5% |
Pricing History
Listed for Sale
Jan 10, 2026
$770,000
Initial Listing