
Los Angeles, California 90003
This Residential Income Duplex is a strategic Value-Add Opportunity listed at $606,000, positioned relative to its $558,968 Fair Market Value. Currently in Poor Condition Rating and requiring a full-scale restoration to its legal two-unit configuration, the property offers significant potential for forced appreciation. The expansive 6,356 sqft lot provides ample space for constructing two detached ADUs, maximizing the asset's long-term rental yield. This project is a high-potential acquisition for Fix-and-Flip Investors or Developers looking to capitalize on density-driven growth in the Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 339 W 76th Subject | $606,000* List Price | 0 | 0 | 1,462 | $382 | - |
A 146 83rd Street Sold | $760,000 | 0 | 0 | 1,800 | $422 | 0.7 mi |
B 138 W Gage Avenue Sold | $755,000 | 0 | 0 | 1,680 | $449 | 0.8 mi |
C 112 W 62nd Street Sold | $680,000 | 0 | 0 | 1,364 | $499 | 0.9 mi |
D 151 E 67th Street Sold | $485,000 | 0 | 0 | 1,471 | $330 | 0.7 mi |
E 439 W 76th Street Active | $599,999 List Price | 0 | 0 | 1,412 | $425 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1914-built property is explicitly marketed as a 'fixer' requiring extensive rehabilitation and a full-scale renovation to restore its legal duplex functionality. The home shows significant signs of age and deferred maintenance, with outdated kitchens, bathrooms, and systems that do not meet current quality standards. The description highlights the need for a complete overhaul to achieve modern habitability, placing it firmly in the poor category.
The property sits on a generous 6,356 sqft lot with ample rear space, offering a prime opportunity to build two detached ADUs to maximize density and ROI.
As a residential income duplex, this property provides the foundation for dual rental streams in a high-demand Los Angeles submarket once restored.
The 'fixer' status and current single-home configuration allow an investor to force significant equity through a complete renovation and strategic reconfiguration.
The property is currently converted into a single-family layout and requires a full-scale renovation to restore its legal duplex functionality and modern habitability.
Inaccurate assessor records and the need to reconcile the physical structure with LADBS records may complicate the permitting process and traditional financing.
Fixer DUPLEX property with LOTS of space in the back for new development. The family that lived here converted it into on home, so any buyer would need to come in and convert it back. See supplements for LADBS records. Assessor records appear to be inaccurate. As a duplex, the property is ideal for an investor, developer, builder to come in and build two detached ADUs (max. 16 feet in height).
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 | 1,462 | 1,897.5 | 20% |
| Lot Size | 6,356 | 5,185 | 91% |
| Price | $606.0K | $765.0K | 20% |
| Price per sq ft | $415 | $364 | 61% |
| Built year | 1914 | 1925 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 203 | 2% |
Mar 8, 2026
$606,000
Initial Listing