2728 Queen Street, Los Angeles, California 90039, Los Angeles, 90039 - 2 bed, 2 bath
2728 Queen Street
Los Angeles, California 90039
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Lifestyle
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.
- Income-Generating Duplex
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.
- Rare Market Opportunity
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.
CONSRISKS & DEFICIENCIES
- Age and Potential Condition
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.
- Compact Unit Sizes
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.
- Limited Interior Details
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.
About 2728 Queen Street
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
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1930
- Lot Size
- 5,444 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Allesandro Elementary School
Grades K-6 • 0.4 mi
Glassell Park Elementary School
Grades K-6 • 0.6 mi
Dorris Place Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 920 | 1,950 | 14% |
| Lot Size | 5,444 | 6,083 | 29% |
| Price | $1.05M | $1.05M | 50% |
| Price per sq ft | $1.1K | $507 | 86% |
| Built year | 1930 | 1933 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 545 | 290 | 0% |
Pricing History
Listed for Sale
Sep 7, 2024
$1,050,000
Initial Listing