
Los Angeles, California 90039
This duplex presents a High-Potential Investment Opportunity with a List Price of $1,099,000—positioned well below the $1,152,575 Fair Market Value by 4%. This valuation gap offers $53,575 in Instant Equity for buyers. Featuring a Fair Condition Rating, the property offers significant upside through modernization of its 1920s infrastructure. Its prime location between Silver Lake and Atwater Village ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs.
Property is moderate renovation needed.
This 1920s duplex is well-maintained and 'clean,' but remains largely dated with vintage finishes. The presence of window AC units indicates a lack of modern central HVAC, and the interior flooring and fixtures suggest renovations are likely over 20 years old, requiring minor repairs and cosmetic updates to meet modern standards.
Ideally situated between Silver Lake and Atwater Village, the property boasts a high walkability score with immediate access to the LA River, trendy dining, and popular local amenities.
This duplex configuration offers a flexible opportunity for an owner-occupant to live in one unit while generating rental income from the other, or for an investor to capitalize on a high-demand rental market.
The 1920s architectural charm provides a unique aesthetic appeal, while the 'real upside' pricing suggests significant potential for equity growth through strategic modernizations.
Given the 1920 construction date, the property likely requires updates to major systems such as plumbing, electrical, and roofing to meet modern standards and efficiency.
The 1-bedroom, 1-bath layout for both units may limit the potential tenant pool and cap rental income compared to properties offering multi-bedroom configurations.
This duplex with 1920s character is nestled between Silver Lake and Atwater Village — perfect for an investor or owner/occupant looking to live in one unit and rent the other. Two oversized, clean 1-bed, 1-bath units plus a detached 2-car garage at the end of a long driveway on a 5,255 sqft lot. Highly walkable and quick access to freeways. Steps to the LA River, minutes from Dodger Stadium, Silver Lake Reservoir, Gingergrass, the Silver Lake library, and the restaurants and coffee shops that have made this stretch of Glendale Boulevard one of LA's most coveted neighborhoods. Going, going, gone…vintage charm, priced with real upside, and in a location that does not come up often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 38% |
| Baths | 0.0 | 2.0 | 38% |
| Square foot | 1,664 | 1,971 | 25% |
| Lot Size | 5,255 | 5,328 | 38% |
| Price | $1.10M | $1.42M | 13% |
| Price per sq ft | $660 | $769 | 38% |
| Built year | 1920 | 1924 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 121 | 13% |
May 15, 2026
$1,099,000
Initial Listing