
Los Angeles, California 90061
This Turnkey Duplex is a High-Potential Investment Opportunity, listed at $900,000—positioned well below the $896,907 Fair Market Value by a negligible margin, reflecting a stable, market-aligned price. Built in 2004 with an Excellent Condition Rating, this asset features No Rent Control, modern finishes, and Gated On-Site Parking for six vehicles. With immediate rental income potential and no required capital expenditure, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, move-in ready house hack in a central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 327 E Lanzit Subject | $900,000* List Price | 0 | 0 | 2,656 | $338 | - |
A 10970 Avalon Boulevard Active | $699,990 List Price | 4 | 3 | 1,805 | $388 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2004, the property has been fully renovated within the last 5 years. It features a modern kitchen with white shaker cabinets and stainless steel appliances, updated bathrooms with contemporary vanities and backlit mirrors, new flooring, and upgraded systems including central HVAC and dual-pane windows.
Built in 2004, this property is exempt from the Los Angeles Rent Stabilization Ordinance (RSO), providing owners with maximum flexibility for market-rate rent adjustments and property management.
The duplex is fully renovated and delivered furnished, offering an immediate 'house hack' or investment opportunity with no additional capital expenditure required for furniture or repairs.
The gated lot accommodates up to six vehicles, a rare and highly valuable amenity in high-density Los Angeles that significantly enhances tenant retention and convenience.
Central air conditioning is only installed in one of the two units, which may require a future upgrade to the second unit to maintain competitive rental value and tenant comfort.
Situated in a high-density area of South Los Angeles, the property may be subject to typical urban noise and congestion, which could limit its appeal to buyers seeking a more secluded residential environment.
DUPLEX DELIVERED VACANT AT CLOSING! Presenting a rare and compelling opportunity in the heart of South Los Angeles — a fully renovated, turnkey duplex ideally suited for owner-users, multi-generational families, and investment-minded buyers alike. Occupy one unit and lease the other, house the entire family under one roof in complete privacy, or add a strong cash-flowing asset to your growing portfolio. However you approach it, 327 E. Lanzit Avenue delivers on every level. Each of the two generously sized units offers three spacious bedrooms, two updated bathrooms, and over 1,300 square feet of open-concept living space that flows seamlessly from the living area to the kitchen. Both units are fully furnished and move-in ready, eliminating the friction of transitioning into a new home entirely. Additional highlights include in-unit laundry in both units, dual pane windows throughout for energy efficiency and noise reduction, central air conditioning in one unit, a gated entry providing privacy and security for both households, and separate gas and electric metering ensuring clean financials between units. Private on-site parking for up to six vehicles comfortably is a genuinely rare and valuable amenity at any Los Angeles address. Built in 2004 with no rent control, offering maximum flexibility for the discerning owner. Comparable three-bedroom, two-bathroom units in the surrounding area are currently leasing at $3,500 to $3,800 per month — positioning this property as an exceptional house hack or pure investment play with immediate, meaningful income potential from the day escrow closes. Centrally located with outstanding freeway access to the I-110, I-105, I-710, and I-405, placing Downtown LA, LAX, Long Beach, and the Westside all within comfortable reach. The Metro A Line and multiple bus routes serve the area directly. Nearby amenities include MLK Community Hospital, Superior Grocers, local dining along Avalon Boulevard, the Green Meadows Recreation Center, and the 28-acre Ted Watkins Memorial Park. Top-rated LAUSD schools serve the area. This is a property that performs from the moment escrow closes. Schedule your private showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 7% |
| Baths | 0.0 | 1.0 | 7% |
| Square foot | 2,656 | 1,129 | 97% |
| Lot Size | 4,734 | 5,666 | 24% |
| Price | $900.0K | $635.0K | 97% |
| Price per sq ft | $339 | $556 | 7% |
| Built year | 2004 | 1948 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 191 | 7% |
May 15, 2026
$900,000
Initial Listing
May 22, 2019
$585,000
Public Record
Mar 5, 2014
$380,000
Public Record
Nov 12, 2008
$350,000
Public Record