2966 2966-68 E 2nd Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath
2966 2966-68 E 2nd Street
Los Angeles, California 90033
Property Price
SUMMARY
Analysis of 2966 2966-68 E 2nd Street, Los Angeles, California 90033 is currently available with a list price of $660,300. 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.
Originally built in 1914, this property is marketed as a 'value-add' investor opportunity, indicating a need for significant rehabilitation. The listing analysis highlights aging infrastructure, including potential issues with electrical, plumbing, and structural systems. The kitchens and bathrooms feature dated styles, older appliances, and fixtures consistent with a property that has not undergone a major renovation in several decades.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Cash Flow
The property features two units occupied by stable, long-term tenants, providing a reliable and immediate income stream for investors from the date of purchase.
- High-Demand Location
Situated in the prime Boyle Heights market, this centrally located duplex benefits from high rental demand and strong potential for long-term capital appreciation.
- Value-Add Potential
With a 5,250 square foot lot and a 1914 build, there is significant opportunity for future renovations or improvements to increase rental yields and overall equity.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally constructed in 1914, the property may require significant capital expenditure for maintenance or upgrades to aging electrical, plumbing, and structural systems.
- Limited Unit Configuration
The current layout of two 1-bedroom, 1-bathroom units may limit the tenant pool to individuals or couples, potentially capping the maximum rental income compared to larger multi-bedroom units.
About 2966 2966-68 E 2nd Street
Investor Opportunity in Prime Boyle Heights LocationThis centrally located duplex features two 1-bedroom, 1-bathroom units, both occupied by stable, long-term tenants. With consistent rental income and potential for future value-add improvements, this property offers strong upside for the seasoned investor or first-time landlord. Situated in the high-demand Boyle Heights market, this is a smart addition to any portfolio -- whether you're looking for immediate cash flow or long-term appreciation.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1914
- Lot Size
- 5,250 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,487 | 2,270.5 | 29% |
| Lot Size | 5,250 | 5,886 | 14% |
| Price | $660.3K | $785.0K | 29% |
| Price per sq ft | $444 | $379 | 79% |
| Built year | 1914 | 1925 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 212 | 7% |
Pricing History
Listed for Sale
Feb 22, 2026
$660,300
Initial Listing