
Los Angeles, California 90033
This duplex presents a High-Potential Investment Opportunity with a List Price of $685,000—positioned above the $665,090 Fair Market Value. While the property requires capital expenditure due to its Fair Condition Rating, the 5,848 sqft lot offers significant upside through ADU development. Featuring a 5-bedroom, 3-bathroom configuration and scenic city light views, this asset provides strong rental income potential. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to modernize a vintage 1920s structure in a high-demand urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2812 Blanchard Subject | $685,000* List Price | 5 | 3 | 1,302 | $511 | - |
A 2627 Pomeroy Avenue Sold | $587,000 | 0 | 0 | 1,544 | $380 | 0.4 mi |
B 2626 E 2nd Street Active Under Contract | $600,000 List Price | 0 | 0 | 1,352 | $444 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Property is a 1920s build with dated interior renovations likely exceeding 20 years in age. Kitchen and bathrooms are functional but feature older cabinetry and finishes. Exterior shows window AC units indicating a lack of central HVAC, and the 'value-add' description suggests the need for cosmetic updates and system modernizations.
The expansive 5,848 sqft lot provides a significant opportunity to construct an Accessory Dwelling Unit (ADU), maximizing rental income and overall property value.
Featuring a 5-bedroom, 3-bathroom layout across two units, this duplex offers versatile rental options and strong cash flow potential in a high-demand market.
The property boasts desirable city light views, a premium feature that enhances tenant appeal and distinguishes the home from other local inventory.
The property is being sold in its current condition, indicating a need for immediate capital expenditure for repairs or modernization.
Built in 1920, the structure likely requires updates to major systems such as electrical, plumbing, and insulation to meet modern standards and efficiency.
This duplex at 2812 Blanchard St sits on a large lot with tremendous upside potential. Spacious lot offers plenty of room to add an ADU for additional income potential (buyer to verify). Property sold As-Is. Showing by appointment only. Don’t miss this rare value-add opportunity with endless possibilities!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 0.0 | 85% |
| Baths | 3.0 | 0.0 | 85% |
| Square foot | 1,302 | 2,156 | 8% |
| Lot Size | 5,848 | 5,849 | 46% |
| Price | $685.0K | $735.0K | 46% |
| Price per sq ft | $526 | $318 | 92% |
| Built year | 1920 | 1920 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 132 | 8% |
Jun 1, 2026
$685,000
Initial Listing