This duplex presents a High-Potential Investment Opportunity with a List Price of $705,000—positioned well above the $552,519 Fair Market Value by -27%. While the property requires significant capital expenditure due to its Fair Condition Rating and aging infrastructure, the 5,176-square-foot lot and dual-income potential provide a foundation for long-term value-add strategies. Buyers must conduct thorough due diligence regarding permits and zoning compliance. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants capable of managing a comprehensive renovation project.
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 | $390 | - |
A 147 E 95th Street Sold | $599,000 | 0 | 0 | 1,440 | $416 | 0.4 mi |
B 157 E 104th Street Sold | $775,000 | 0 | 0 | 1,734 | $447 | 0.3 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 (80 years old) with no mention of recent renovations to kitchens, bathrooms, or systems. The listing's emphasis on 'room to add value' and 'opportunity' typically indicates a property in need of significant rehabilitation and modernization to meet current standards.
As a duplex featuring two 2-bedroom units, this property offers excellent versatility for investors seeking rental income or owner-occupants looking to offset their mortgage through house-hacking.
The 5,176-square-foot lot provides ample parking and outdoor space, which is a highly desirable and rare asset for multi-unit residential properties in this area of Los Angeles.
The property is conveniently situated near major freeways and public transportation, ensuring high rental demand and easy accessibility for commuters.
Built in 1946, the property likely requires updates to major systems such as plumbing, electrical, and roofing to meet modern standards and improve efficiency.
The explicit requirement for the buyer to verify all permits suggests the potential for unpermitted work or zoning discrepancies that could complicate financing or future renovations.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,416 | 2,120 | 14% |
| Lot Size | 5,176 | 5,202 | 46% |
| Price | $705.0K | $755.0K | 30% |
| Price per sq ft | $498 | $362 | 89% |
| Built year | 1946 | 1930 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 197 | 3% |
May 26, 2026
$705,000
Initial Listing
Oct 8, 2015
$338,000
Public Record
May 6, 2005
$292,000
Public Record