319 S Lorena, Los Angeles, California 90063, Los Angeles, 90063 - 0 bed, 0 bath
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319 S Lorena
Los Angeles, California 90063
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,590Sq Ft
4,427Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$927,579
8% BelowMARKET VALUE
SUMMARY
This Residential Income Duplex represents a Strong Value Opportunity, listed at $849,000—positioned well below the $927,580 Fair Market Value by 8%. This valuation gap provides $78,580 in Instant Equity for the buyer. Built in 2007, the property maintains a Good Condition Rating, offering modern systems and a functional upper-and-lower layout. Its strategic location near the Arts District ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating asset in Boyle Heights.
Estimated Market Value
$927,579+$78,579 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 319 S Lorena Subject 0 bd · 0 ba · 2,590 sqft · $358 | $849,000* List Price | 0 | 0 | 2,590 | $358 | - |
A 457 N Fresno Sold 6 bd · 4 ba · 2,528 sqft · $386 · 0.6 mi | $975,000 | 6 | 4 | 2,528 | $386 | 0.6 mi |
B 3942 Gleason Street Sold 0 bd · 0 ba · 2,349 sqft · $400 · 1.0 mi | $940,000 | 0 | 0 | 2,349 | $400 | 1.0 mi |
C 3411 E 2nd St Active 0 bd · 0 ba · 2,518 sqft · $338 · 0.1 mi | $850,000 List Price | 0 | 0 | 2,518 | $338 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007, the property is approximately 17-19 years old, placing it squarely in the 'Good' category. The exterior appears well-maintained with modern stucco and stone accents. While interiors are likely original to the build date, the systems and layout are modern enough to be functional and move-in ready without immediate major rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2007, this duplex is significantly newer than the typical housing stock in Boyle Heights, offering modern building standards and reduced immediate maintenance requirements.
- Strategic Location
The property boasts excellent proximity to Downtown Los Angeles, the Arts District, and local landmarks like Mercadito de Los Angeles, ensuring high tenant demand and convenience.
- Versatile Income Potential
The upper-and-lower configuration provides approximately 2,590 square feet of living space, offering flexibility for multi-generational living or a high-yield rental portfolio expansion.
CONSRISKS & DEFICIENCIES
- Local School Ratings
Several immediate neighborhood schools, such as Lorena Street Elementary and First Street Elementary, have lower performance ratings, which may deter families prioritizing education.
- Limited Outdoor Space
With a 2,590 square foot structure situated on a 4,427 square foot lot, the property offers minimal yard or outdoor recreational space for tenants.
About 319 S Lorena
Discover a versatile duplex opportunity in the heart of Boyle Heights. Built in 2007, 319 South Lorena Street features two residences in an upper-and-lower configuration, offering approximately 2,590 square feet of living space on a 4,427-square-foot lot. Conveniently located near neighborhood dining, shopping, Mercadito de Los Angeles, and public transportation, with easy access to Downtown Los Angeles and the Arts District. Whether expanding a rental portfolio or exploring future owner-occupancy, this property offers flexibility and rental potential in an established Los Angeles neighborhood.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2007
- Lot Size
- 4,427 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Euclid Avenue Elementary School
Grades K-5 • 0.6 mi
5/10
First Street Elementary School
Grades K-6 • 0.6 mi
2/10
Belvedere Elementary School
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,590 | 2,090.331 |
| Lot Size | 4,427 | 5,852.908 |
| Price | $849.0K | $830.9K |
| Price per sq ft | $328 | $394 |
| Built year | 2007 | 1928 |
| HOA | $0 | $0 |
| Days on market | 8 | 87 |
Pricing History
Listed for Sale
Nov 1, 2026
$849,000
Initial Listing
Sold
Aug 30, 2018
$685,000
Public Record
Sold
Oct 23, 2015
$480,000
Public Record
Sold
Jul 18, 2006
$310,000
Public Record