
Los Angeles, California 90003
This Value-Add Residential Income Duplex represents a strategic acquisition for those targeting the high-demand Los Angeles rental market. With a List Price of $606,000, the property is positioned relative to its $558,968 Fair Market Value, reflecting its current Condition Rating of 5. The primary value lies in the generous 6,356 sqft lot, which offers significant density upside through the potential construction of two detached ADUs. Requiring a comprehensive rehab to restore its duplex status, this asset is a high-potential project for Developers or Buy-and-Hold Investors looking to force appreciation and maximize rental yield.
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 151 E 67th Street Sold | $485,000 | 0 | 0 | 1,471 | $330 | 0.7 mi |
C 112 W 62nd Street Sold | $680,000 | 0 | 0 | 1,364 | $499 | 0.9 mi |
D 138 W Gage Avenue Sold | $755,000 | 0 | 0 | 1,680 | $449 | 0.8 mi |
E 439 W 76th Street Pending | $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.
Built in 1914 and explicitly marketed as a fixer, this property requires a full rehab. The kitchen and bathrooms are severely dated, the laundry area is unfinished with exposed framing, and the exterior siding shows significant peeling and wear. The home lacks central HVAC, utilizing dated wall heaters and window units, and requires structural reconfiguration to return it to its original duplex status.
The generous 6,356 sqft lot provides ample space for expansion, specifically offering the opportunity to build two detached ADUs to maximize the property's density and rental yield.
As a recorded duplex, the property offers a versatile investment structure that allows for dual rental income streams in a high-demand Los Angeles rental market.
Priced competitively for the area, this property serves as an ideal project for investors or builders looking to build equity through a comprehensive renovation and reconfiguration.
The property requires substantial rehabilitation and capital expenditure to address deferred maintenance and modernize the 1914 structure.
The buyer faces the complexity of converting the property back into a duplex from its current single-home state, including navigating inaccurate assessor records and LADBS compliance.
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 | 1,907 | 20% |
| Lot Size | 6,356 | 5,200 | 91% |
| Price | $606.0K | $760.0K | 22% |
| Price per sq ft | $415 | $362 | 62% |
| Built year | 1914 | 1925 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 191 | 2% |
Mar 8, 2026
$606,000
Initial Listing