3311 Alice, Los Angeles, California 90065, Los Angeles, 90065 - 0 bed, 0 bath
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3311 Alice
Los Angeles, California 90065
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,254Sq Ft
5,241Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$1,031,914
3% BelowMARKET VALUE
SUMMARY
This duplex presents a High-Potential Investment Opportunity with a List Price of $995,000—positioned well below the $1,031,914 Fair Market Value by 3%. This valuation gap offers $36,914 in Instant Equity for buyers. With a Condition Rating of 5, the property requires a full rehab, yet its 2,254 sqft layout and dual-income potential provide a clear path to forced appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a renovation project in the Cypress Park market.
Estimated Market Value
$1,031,914+$36,914 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 |
|---|---|---|---|---|---|---|
★ 3311 Alice Subject | $995,000* List Price | 0 | 0 | 2,254 | $458 | - |
A 2677 Roseview Active | $999,000 List Price | 0 | 0 | 2,014 | $496 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1909 and explicitly marketed as a fixer-upper, the property shows significant age with dated interiors, popcorn ceilings, and a kitchen/bath area requiring a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
The duplex configuration, featuring a 3-bedroom rear home and a 2-bedroom front unit, provides excellent flexibility for house-hacking or generating multiple rental income streams.
- Significant Value-Add Opportunity
As a fixer-upper, this property offers a prime opportunity for investors to force equity through strategic renovations and modernization in the high-demand Cypress Park market.
- Spacious Unit Layouts
With 2,254 square feet of living space, the units offer generous proportions, particularly the 3-bedroom rear residence, which is a rare and desirable find for multi-family properties.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property is in need of significant improvements and repairs, necessitating a substantial upfront capital investment and a clear vision for construction management.
- Century-Old Infrastructure
Built in 1909, the property likely requires updates to aging systems such as plumbing, electrical, and foundation, which are common challenges for homes of this vintage.
About 3311 Alice
Excellent Investment & Renovation Opportunity! This two-unit property offers a great opportunity for an owner-occupant or investor. Live in one unit while renting the other, or utilize both units as income-producing properties. The rear home features 3 bedrooms and 2 bathrooms, while the front unit offers 2 bedrooms and 1 bathroom. The property is a fixer-upper in need of renovation and improvements, providing an opportunity for the right buyer to bring their vision and personal touch. With its two separate living units and potential for improvements, this property offers plenty of possibilities. Don’t miss this opportunity to create value and make this property your next investment!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1909
- Lot Size
- 5,241 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
Aragon Avenue Elementary School
Grades K-5 • 0.2 mi
2/10
Dorris Place Elementary School
Grades K-6 • 0.7 mi
7/10
Glassell Park Elementary School
Grades K-6 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,254 | 2,187.451 |
| Lot Size | 5,241 | 5,841.385 |
| Price | $995.0K | $841.5K |
| Price per sq ft | $441 | $385 |
| Built year | 1909 | 1928 |
| HOA | $0 | $0 |
| Days on market | 6 | 85 |
Pricing History
Listed for Sale
Sep 3, 2026
$995,000
Initial Listing