
Los Angeles, California 90039
This vacant duplex presents a Strong Value Opportunity, listed at $1,398,000—positioned well below the $1,520,190 Fair Market Value by 8%. This valuation gap offers $122,190 in Instant Equity for the buyer. With a Fair Condition Rating, the property requires a full rehab, yet its location near Ivanhoe Elementary (9/10) and the Atwater Village corridor ensures high rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a value-add asset in a prime Northeast LA neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3421 Larga Subject | $1,398,000* List Price | 3 | 1 | 1,746 | $871 | - |
A 3937 Revere Sold | $1,060,000 | 4 | 2 | 1,175 | $902 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 with no mention of recent renovations to kitchens, bathrooms, or major systems. The exterior shows visible deferred maintenance, including peeling paint on the eaves and aged windows, indicating the property likely requires a full interior and exterior rehab to meet modern standards.
Elementary School: Ivanhoe Elementary School (9/10).
Both units are delivered vacant, providing immediate flexibility for an owner-user to move in or for an investor to secure market-rate tenants without the legal complexities of existing tenancies.
Situated in a highly sought-after area near Atwater Village and Silver Lake, the property offers excellent proximity to trendy dining, the LA River, and high-rated schools like Ivanhoe Elementary.
Built in 1923, the property likely requires updates to major systems and structural components to meet modern standards, potentially necessitating a significant initial capital investment.
With only one bathroom per unit (and a total of one bath listed in metadata), the low bathroom-to-bedroom ratio may limit appeal for larger families or high-end renters.
Excellent opportunity to own a VACANT DUPLEX at 3421 Larga Ave in the desirable 90039 area of Northeast Los Angeles! Both units will be delivered vacant, offering an exceptional opportunity for an owner-user, investor, or buyer looking for a flexible multi-unit property. The front unit features 2 bedrooms and 1 bathroom, while the rear unit offers 1 bedroom and 1 bathroom. With both residences vacant, the new owner has the flexibility to occupy one unit and lease the other, accommodate extended living arrangements, or lease both units at current market rates, subject to applicable laws and regulations. Ideally positioned near Atwater Village, Glassell Park, Silver Lake, the Los Angeles River, local dining, shopping, recreation, and major transportation routes. This central Northeast Los Angeles location provides convenient access to many of the area's popular destinations. Whether you're searching for an owner-user opportunity or looking to add a duplex to your investment portfolio, 3421 Larga Ave offers versatility, income potential, and an attractive Los Angeles location. Two units, delivered vacant and ready for their next chapter! Buyer and buyer’s agent are advised to independently verify all information, including but not limited to unit count, bedroom/bathroom count, square footage, lot size, rental potential, permits, zoning, and property use with the appropriate agencies.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.6 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,746 | 2,187.451 |
| Lot Size | 6,754 | 5,841.385 |
| Price | $1.40M | $841.5K |
| Price per sq ft | $801 | $385 |
| Built year | 1923 | 1928 |
| HOA | $0 | $0 |
| Days on market | 7 | 85 |
Sep 2, 2026
$1,398,000
Initial Listing