339 E 65th, Los Angeles, California 90003, Los Angeles, 90003 - 4 bed, 2 bath
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Los Angeles, California 90003
This Value-Add Residential Income Duplex is listed at $694,000, representing a stable entry point near its $672,583 Fair Market Value. Holding a Condition Rating of 5, the property requires a comprehensive renovation to address deferred maintenance within the 1926 structure. The 5,409 square foot lot provides significant utility for potential ADU development, while the dual 2-bedroom unit configuration aligns with strong local rental demand. Located in the Los Angeles Unified district, this asset is a strategic acquisition for Buy-and-Hold Investors or Contractors focused on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 339 E 65th Subject | $694,000* List Price | 4 | 2 | 1,452 | $463 | - |
A 352 W 59th Place Sold | $750,000 | 0 | 0 | 1,580 | $475 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1926 (98 years old) and the listing explicitly states it 'Needs TLC,' indicating significant deferred maintenance. With no mention of recent renovations to kitchens, baths, or systems, and the presence of window AC units, it likely requires a full rehab to address outdated electrical, plumbing, and structural needs.
As a duplex featuring two 2-bedroom, 1-bathroom units, this property offers excellent opportunities for rental income or a house-hacking strategy in a high-demand rental market.
The 5,409 square foot lot provides ample space for potential ADU development or outdoor improvements, adding significant long-term value to the investment.
The identical 2-bedroom configurations are highly sought after by small families and professional tenants, ensuring lower vacancy rates and consistent cash flow.
The property is noted as needing 'TLC,' indicating that immediate renovations and repairs are necessary, which will require additional upfront capital from the buyer.
Built in 1926, the property likely features aged systems and structural elements that may require costly modernization to meet current building codes and tenant expectations.
Two units consisting of 2 bedrooms 1 bath each. Needs TLC
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 86% |
| Baths | 2.0 | 0.0 | 86% |
| Square foot | 1,452 | 1,907 | 16% |
| Lot Size | 5,409 | 5,202 | 79% |
| Price | $694.0K | $755.0K | 33% |
| Price per sq ft | $478 | $360 | 86% |
| Built year | 1926 | 1925 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 190 | 2% |
Apr 24, 2026
$694,000
Initial Listing