3185 Perlita Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 0 bed, 0 bath
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Los Angeles, California 90039
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $1,475,000—positioned slightly above the $1,458,745 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, the versatile configuration—featuring two units plus a separate private living space—offers significant rental upside. Located in the vibrant Atwater Village near Ivanhoe Elementary (9/10), this asset provides a rare blend of location and flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage income-producing real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3185 Perlita Avenue Subject | $1,475,000* List Price | 0 | 0 | 2,454 | $606 | - |
A 3416 -3418 Garden Avenue Sold | $1,330,000 | 4 | 2 | 2,012 | $661 | 0.5 mi |
B 2575 Riverside Terrace Active | $1,399,000 List Price | 0 | 0 | 2,862 | $489 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1926, the property shows a mix of dated and partially refreshed elements. While some rooms feature newer laminate flooring and fresh paint, the kitchens and bathrooms appear to have 20-30 year old finishes, including dated tile work and cabinetry. The presence of popcorn ceilings and wall heaters indicates that the primary systems and aesthetic finishes are due for modernization.
Elementary School: Ivanhoe Elementary School (9/10).
The property features a duplex configuration plus a separate private living space with its own entrance and kitchenette, offering exceptional flexibility for rental income, multigenerational living, or a home office.
Ideally situated in one of Northeast Los Angeles' most sought-after neighborhoods, the home offers high walkability to Glendale Boulevard’s trendy shops, cafes, and the weekly farmers market.
Built in 1926, the property may require significant capital investment to modernize aging mechanical, electrical, or plumbing systems common in century-old structures.
While the area boasts some high-performing schools, the most immediate elementary school carries a lower rating, which may impact appeal for families specifically targeting top-tier public education.
Exceptional duplex opportunity in the heart of Atwater Village, one of Northeast Los Angeles' most vibrant and sought-after neighborhoods. This versatile property offers two well-appointed units, presenting an ideal opportunity for owner-occupants, investors, or multigenerational living. In addition to the duplex, the property features a separate private living space with its own entrance, bedroom, bathroom, and kitchenette, offering added flexibility and a variety of potential uses. Ideally situated near the shops, cafes, restaurants, and weekly farmers market along Glendale Boulevard, this property provides convenient access to many of Los Angeles' most beloved destinations. Enjoy close proximity to Glassell Park, Los Feliz, Silver Lake, and Eagle Rock, as well as outdoor recreation at Griffith Park and the iconic Griffith Observatory. Commuters will appreciate the easy access to major freeways and nearby destinations, including Downtown Los Angeles, Hollywood, and Burbank. Combining location, versatility, and investment potential, this is a rare opportunity to own income-producing real estate in a thriving Atwater Village community.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,454 | 2,250 |
| Lot Size | 5,400 | 5,864 |
| Price | $1.48M | $826.7K |
| Price per sq ft | $601 | $395 |
| Built year | 1926 | 1925 |
| HOA | $0 | $0 |
| Days on market | 41 | 83 |
Jun 11, 2026
$1,475,000
Initial Listing