2737 Pomeroy, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath

ACTIVE$989,999
2737 Pomeroy, Los Angeles, California 90033
0Bed
0Bath
3,115Sqft
7,994Lot
Year Built
1925
Close
-
List price
$990K
Original List price
$990K
Price/Sqft
$318
HOA
-
Days on market
-
Sold On
-
MLS number
DW25264952
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $990.0K(69th), sqft - 3115(75th), beds - undefined(50th), baths - undefined(50th).
Price History
Date
Event
Price
11/21/25
Listing
$989,999
Condition Rating
Poor
Built in 1925, this quadruplex shows significant signs of advanced age and severe deferred maintenance from the exterior. The stucco is worn, garage doors are dilapidated, and window-mounted AC units suggest outdated cooling systems. The property analysis explicitly states a need for 'substantial capital expenditure for system upgrades (plumbing, electrical), structural repairs, and modernization.' Without interior photos, it's highly probable that kitchens and bathrooms are original or very old, requiring complete renovation. This property requires substantial repairs and rehabilitation to meet current living standards.
Pros & Cons
Pros
Income Potential: As a quadruplex, the property offers significant rental income generation, making it an attractive asset for investors or owner-occupiers seeking passive income streams.
Generous Lot Size: The 7994 sqft lot is substantial for Los Angeles, providing potential for future expansion, additional dwelling units (ADUs), or desirable outdoor amenities.
Substantial Square Footage: With 3115 sqft across four units, the property offers considerable living space, which can translate to comfortable units and potentially higher rental values.
Strategic Location: Situated in Los Angeles, the property benefits from strong rental demand, a robust real estate market, and potential for long-term appreciation.
Competitive Price Point: A list price of $989,999 for a quadruplex in Los Angeles presents a relatively accessible entry point for multi-family investment in a high-demand market.
Cons
Advanced Age: Built in 1925, the property is likely to require substantial capital expenditure for system upgrades (plumbing, electrical), structural repairs, and modernization to meet current standards and tenant expectations.
Lack of Financial Transparency: Absence of current rental income, occupancy rates, or unit-specific condition details makes it challenging for potential buyers to accurately assess investment performance and financial viability.
Undefined MLS Area: The '699 - Not Defined' MLS area provides no specific market context, potentially indicating a less established sub-market or a data anomaly, which could impact market perception and valuation.