2917 Kenwood Avenue, Los Angeles, California 90007, Los Angeles, 90007 - 0 bed, 0 bath
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Los Angeles, California 90007
This Residential Income Duplex is a strategic Value-Add Asset with a List Price of $1,049,999. While positioned above the $905,671 Fair Market Value, the valuation is anchored by its Student Housing Development Potential and prime location within the USC DPS Patrol Zone. The property holds a Condition Rating of 5, requiring significant modernization to the 2,366 sqft interior to maximize ROI. Featuring a private patio, this high-demand location is an ideal acquisition for Buy-and-Hold Investors or Developers looking to capitalize on the university submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2917 Kenwood Avenue Subject | $1,049,999* List Price | 0 | 0 | 2,366 | $383 | - |
A 1261 Exposition Pending | $825,000 List Price | 0 | 0 | 2,321 | $355 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922, this property shows significant age and a clear lack of modern updates from the exterior. The property analysis explicitly states it will 'require significant capital investment for modernization, repairs, and system upgrades.' Without interior images, it's highly probable that the kitchen, bathrooms, flooring, and major systems are severely outdated and in need of substantial rehabilitation, consistent with a property of this age that hasn't undergone recent extensive renovation. It is likely uncomfortable to live in its current state and requires major work.
The property is minutes from USC and within the DPS Patrol Zone, ensuring high rental demand and enhanced security, ideal for student housing.
As a duplex, the property offers immediate potential for rental income, appealing to both investors and large families seeking multi-unit living.
The lot presents a strong opportunity for conversion into student housing, offering substantial long-term value appreciation (buyer to verify).
Built in 1922, the property is likely to require significant capital investment for modernization, repairs, and system upgrades to meet current standards or maximize rental income.
The potential for student housing conversion requires extensive buyer due diligence and carries inherent risks related to zoning, permits, and development costs, as explicitly stated 'buyer to verify'.
While offering a better deal, the series of price reductions could suggest initial overpricing or underlying challenges that have deterred previous buyers, potentially impacting future resale value or time on market.
Attention investors or families looking for a Real Estate opportunity! 2917 and 2919 Kenwood Ave are ready to be purchased. This duplex is located minutes from USC (property is in the DPS Patrol Zone). Great for a big family or investor looking for a duplex rental. The lot can possibly be converted into a Student Housing Development area (buyer to verify). The duplex can be sold together with 2921 Kenwood Ave, Los Angeles, CA 90007.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.5 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 2,366 | 3,232 | 50% |
| Lot Size | 6,583 | 6,237.5 | 50% |
| Price | $1.05M | $1.21M | 50% |
| Price per sq ft | $444 | $389 | 50% |
| Built year | 1922 | 1958 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 576 | 504 | 0% |
Feb 1, 2026
$1,049,999
$1,099,999
-5% Price Drop
Initial Listing
Nov 21, 2025
$1,099,999
$1,199,999
-8% Price Drop
Initial Listing
Oct 15, 2025
$1,199,999
$1,249,999
-4% Price Drop
Initial Listing
Sep 3, 2025
$1,249,999
Initial Listing
Sep 23, 2024
$1,399,999
Initial Listing
May 6, 2003
$179,000
Public Record