2712 Kenwood Avenue, Los Angeles, California 90007, Los Angeles, 90007 - 6 bed, 2 bath
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Los Angeles, California 90007
This Value-Add Legal Duplex represents a strategic acquisition listed at $1,168,800—positioned well below the $1,191,410 Fair Market Value by 1%. This valuation offers $22,610 in Instant Equity for an asset delivered vacant. With a Condition Rating of 4, the property requires light updates to maximize rental yields near USC and the DPS Patrol Zone. The R2 Zoning provides significant upside for ADU development within the Los Angeles Unified district. This is an ideal opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2712 Kenwood Avenue Subject | $1,168,800* List Price | 6 | 2 | 2,866 | $448 | - |
A 2921 Kenwood Avenue Active | $1,199,999 List Price | 6 | 2 | 2,544 | $472 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1905, this duplex is accurately described as a 'light fixer.' While the kitchens have been updated with granite countertops and stainless steel appliances, the bathrooms remain dated and show signs of wear. The interior features a mix of flooring types including tile, laminate, and worn carpeting. The property is functional and livable but requires minor updates and cosmetic repairs to meet modern standards, consistent with the 'fair' criteria for a well-maintained but aged home.
Situated just one mile from USC and within the DPS Patrol Zone, the property is perfectly positioned to capture high demand from the lucrative student housing market.
Both units are delivered vacant, allowing an investor or owner-occupant to immediately lease at current market rates without the complications of tenant relocation.
The R2 zoning and generous 6,636 sqft lot provide significant opportunities for expansion or the addition of ADUs to increase density and long-term appreciation.
Identified as a 'light fixer' built in 1905, the property will require an upfront capital investment to modernize interiors and address potential age-related maintenance.
Being located within a Historic Preservation Overlay Zone (HPOZ) means exterior renovations and developments are subject to strict guidelines and approval processes.
With only one bathroom per three-bedroom unit, the configuration may be less competitive compared to modern renovations that typically offer higher bed-to-bath ratios.
2 UNITS for the price of one! Attention investors and owner-occupants-this two-story legal DUPLEX offers exceptional upside. Each unit features 3 bedrooms and 1 bathroom, making it ideal for rental income, multigenerational living or future development. Located just minutes from USC ( only 1mile, 4-5 min drive ) and within the DPS Patrol Zone, the property is well-positioned for student housing, long-term rentals, or value-add investors. The R2 zoning provides potential to expand or add additional units (buyer to verify), enhancing long-term appreciation and cash-flow opportunities. Situated in the highly desirable West Adams / Normandie HPOZ, the property benefits from strong rental demand and convenient access to public transportation, DTLA, and major employment hubs. Both units are delivered VACANT. A rare combination of location, zoning, and vacancy makes this a standout opportunity for investors, developers, or large families seeking an income-producing property with future upside. Light fixer. BEST PRICED IN THE IMMEDIATE AREA. This is a must see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 75% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 2,866 | 1,791 | 75% |
| Lot Size | 6,636 | 3,429 | 75% |
| Price | $1.17M | $809.5K | 88% |
| Price per sq ft | $408 | $432 | 38% |
| Built year | 1905 | 1907 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 177 | 25% |
Feb 5, 2026
$1,168,800
Initial Listing
May 15, 2013
$525,000
Public Record
Aug 10, 2012
$279,000
Public Record
Jul 9, 2001
$260,000
Public Record