2728 Queen Street, Los Angeles, California 90039, Los Angeles, 90039 - 2 bed, 2 bath
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Los Angeles, California 90039
Analysis of 2728 Queen Street, Los Angeles, California 90039 is currently available with a list price of $1,050,000. 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.
Property is extensive renovation needed.
Built in 1930 and on the market for the first time in 80 years, this property is highly likely to be in original, severely dated condition. The complete absence of interior images, especially of kitchens and bathrooms, strongly suggests these areas are in very poor, unrenovated states, requiring substantial repairs and modernization. The exterior images show an older, somewhat neglected property. This aligns with the 'Poor' criteria, indicating significant rehabilitation is needed.
Situated in the vibrant 'Frogtown' community, directly across from local parks, trendy cafes, the LA River bike path, and adjacent to Dodger Stadium, offering an exceptional blend of urban convenience and outdoor recreation.
The property is a duplex, featuring two 1-bedroom, 1-bathroom units, providing immediate rental income potential for investors or an owner-occupant looking to offset mortgage costs.
This property is on the market for the first time in approximately 80 years, presenting a unique and rare acquisition opportunity in a highly sought-after Los Angeles neighborhood.
Built in 1930 and on the market for the first time in 80 years, the property is likely in original or dated condition, requiring significant renovation, modernization, and potential system upgrades.
With a total of 920 sqft for two 1-bedroom, 1-bathroom units, each unit is relatively small, which may limit appeal to tenants or owner-occupants seeking more spacious living arrangements.
The property description focuses heavily on location and opportunity but lacks specific details regarding the interior condition, recent renovations, or amenities within the units, implying potential unknown costs for a buyer.
First time on the market in about 80 years! Duplex - 1) 2728 Queen is a 1+1, 2) 1926 Blake is a 1+1. Situated in the vibrant community of Elysian Valley, also known as "Frogtown." Across the street from local parks, trendy cafes, the LA River bike path, and Dodger Stadium adjacent, this property is a perfect blend of urban living and outdoor lifestyle. Don’t miss out on this prime Los Angeles property! The following lots are available for purchase and in the MLS: 1) 5442-011-030 -2724 Queen St 2) 5442-011-031- 2728 Queen St 3) 5442-011-032 – 1930 Blake Ave 4) 5442-011-009 – 2723 Pirtle St 5) 5442-013-002 – 2746 Benedict St
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 920 | 1,930 | 11% |
| Lot Size | 5,444 | 5,444 | 50% |
| Price | $1.05M | $1.41M | 22% |
| Price per sq ft | $1.1K | $877 | 67% |
| Built year | 1930 | 1940 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 592 | 139 | 0% |
Sep 7, 2024
$1,050,000
Initial Listing