
Los Angeles, California 90003
This duplex represents a Strong Value Opportunity, listed at $1,050,000—positioned above the $971,660 Fair Market Value. While the price reflects a premium, the property maintains a Good Condition Rating (17 years old) and features high-demand 4-bedroom, 2-bathroom units with Granite Kitchen Countertops. With long-term tenants providing immediate, stable cash flow, this asset is a reliable choice for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a central Los Angeles location with strong rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 329 E 82nd Subject | $1,050,000* List Price | 0 | 0 | 2,824 | $344 | - |
A 213 E 87th Pl Sold | $739,000 | 0 | 0 | 2,723 | $271 | 0.5 mi |
B 431 W 78th Sold | $900,000 | 0 | 0 | 2,415 | $373 | 0.8 mi |
C 431 W 81st St Sold | $920,000 | 7 | 3 | 2,539 | $362 | 0.8 mi |
D 217 E 77th Street Sold | $905,000 | 0 | 0 | 2,120 | $427 | 0.4 mi |
E 154 E 82nd Place Active | $899,999 List Price | 8 | 4 | 2,894 | $311 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, the property is 17 years old, fitting the 10-20 year 'Good' criteria. It features functional granite countertops and laminate flooring; while the bathroom shows some cosmetic wear typical of long-term tenants, the systems and overall structure remain move-in ready.
Built in 2007, this duplex is significantly newer than the average multi-family inventory in the area, offering better structural integrity and lower immediate maintenance requirements.
Both units feature a rare 4-bedroom, 2-bathroom layout, providing high rental demand and the ability to accommodate large families or maximize Section 8 voucher potential.
The property features modern finishes like granite countertops and laminate flooring, and comes with long-term tenants already in place, ensuring immediate cash flow upon acquisition.
Being located in Los Angeles with long-term tenants, the property is subject to strict rent stabilization ordinances which may limit the ability to bring rents to current market value quickly.
With two large units and ample assigned parking on a 5,221 sqft lot, there is very little remaining green space or private yard area for tenants.
Standard Sale! 329 & 331 E. 82nd St. offers a fantastic investment opportunity. Built in 2007, these two spacious units each feature 4 bedrooms and 2 bathrooms, making them ideal for investors or owner-occupants seeking rental income. Both the upstairs and downstairs units feature open floor plans, granite kitchen countertops, laminate flooring throughout, indoor laundry hookups, private entrances, and ample assigned parking. The functional layouts create a bright and spacious living environment. Currently occupied by long-term tenants, the property provides immediate and stable rental income. Conveniently located near Downtown Los Angeles, shopping, public transportation, major freeways, and Metro access, this property combines strong cash-flow potential with an excellent location. Don’t miss this outstanding investment opportunity!
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 | 2,824 | 2,250 |
| Lot Size | 5,221 | 5,864 |
| Price | $1.05M | $826.7K |
| Price per sq ft | $372 | $395 |
| Built year | 2007 | 1925 |
| HOA | $0 | $0 |
| Days on market | 28 | 83 |
Jun 24, 2026
$1,050,000
Initial Listing
Apr 1, 2010
$310,000
Public Record
Apr 6, 2006
$305,000
Public Record