
Los Angeles, California 90003
This property presents a High-Potential Investment Opportunity with a List Price of $705,000—positioned well above the $618,945 Fair Market Value by -13%. While the property requires significant capital expenditure due to its Fair Condition Rating and 1946 vintage, the Dual-Unit Income Potential and Generous Lot Size provide a clear path to forced appreciation. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants capable of managing a full-scale renovation to unlock the underlying value of this centrally located duplex.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 321 E 101st Subject | $705,000* List Price | 0 | 0 | 1,416 | $437 | - |
A 157 E 104th Street Sold | $775,000 | 0 | 0 | 1,734 | $447 | 0.3 mi |
B 147 E 95th Street Sold | $599,000 | 0 | 0 | 1,440 | $416 | 0.4 mi |
C 350 E 97th Sold | $770,000 | 0 | 0 | 1,888 | $408 | 0.2 mi |
D 433 W Century Sold | $675,000 | 0 | 0 | 1,640 | $412 | 0.8 mi |
E 212 W 103rd Active | $560,000 List Price | 0 | 0 | 1,344 | $417 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 (78 years old) with no evidence of recent renovations. The exterior shows significant weathering, and the listing description's emphasis on 'room to add value' and 'buyer to verify permits' suggests deferred maintenance and a need for a full rehab.
As a duplex with two 2-bedroom, 1-bathroom units, this property offers high versatility for investors seeking rental income or owner-occupants looking to house-hack and offset their mortgage.
The 5,176 square foot lot provides ample parking and outdoor space, a significant asset in Los Angeles that enhances tenant retention and offers potential for future value-add improvements.
The property’s proximity to major freeways, public transportation, and local schools ensures consistent rental demand and provides excellent accessibility for commuters.
With only 1,416 total square feet divided between two units, the individual living spaces are relatively small for two-bedroom layouts, which may limit appeal for tenants with more furniture or larger households.
Built in 1946, the property likely requires updates to its core systems and cosmetic finishes to remain competitive and command top-of-market rental rates.
Welcome to this great opportunity in the heart of Los Angeles! This versatile duplex property features 2 spacious units, each offering 2 bedrooms and 1 bathroom, making it ideal for owner-occupants, investors, or multi-generational living. Situated on a generously sized lot with ample parking, this property offers excellent income potential and room to add value. Conveniently located near schools, shopping, public transportation, and major freeways. Don’t miss the chance to own a property with endless possibilities in a centrally located neighborhood! Buyer to verify all information and permits to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,416 | 2,250 |
| Lot Size | 5,176 | 5,864 |
| Price | $705.0K | $826.7K |
| Price per sq ft | $498 | $395 |
| Built year | 1946 | 1925 |
| HOA | $0 | $0 |
| Days on market | 57 | 83 |
May 26, 2026
$705,000
Initial Listing
Oct 8, 2015
$338,000
Public Record
May 6, 2005
$292,000
Public Record