
Los Angeles, California 90065
This property presents a Strong Value Opportunity with a List Price of $769,999—positioned well below the $703,721 Fair Market Value by -9%. While the property requires a full renovation due to its Condition Rating of 5, the Dual-Unit Income Potential provides a significant foundation for forced appreciation. The 5,602 sq. ft. lot with alley access offers rare flexibility for development. This is a high-reward acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize ROI through a comprehensive value-add strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3428 Maceo Subject | $769,999* List Price | 5 | 3 | 1,788 | $394 | - |
A 437 Isabel Sold | $650,000 | 0 | 0 | 1,754 | $371 | 0.5 mi |
B 456 Ulysses Street Active | $719,000 List Price | 3 | 3 | 1,512 | $476 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910 and held by the same owner for over 50 years, the property is described as a 'blank canvas' and 'awaiting a new vision.' The marketing remarks 'bring your palate' and 'original hardwood floors' suggest that the kitchen, bathrooms, and major systems have not been updated in over 50 years, requiring a full rehab.
This duplex features two separate residences (a 3BR/2BA front house and a 2BR/1BA back house), providing an ideal opportunity for house-hacking, multi-generational living, or dual rental income streams.
Nestled in the trendy Cypress Park neighborhood near Glassell Park and Mt. Washington, the property offers a desirable 'hip' atmosphere with mountain views and strong long-term appreciation potential.
The property includes a long driveway for ample parking plus rare alley access, offering significant convenience and flexibility for future development or ADU considerations on the 5,602 sq. ft. lot.
Described as a 'blank canvas' held by the same owner for 50 years, the property requires substantial renovation and modernization to meet current market standards and realize its full value.
Built in 1910, the century-old structures likely possess outdated electrical, plumbing, and mechanical systems that may necessitate costly upgrades during the remodeling process.
Loved for over 50 years, this 2 on one lot ( Duplex ) is a blank canvas just waiting for your vision. Nestled in the hip, hilly neigborhood Cypress Park nearby, Glassell Park and Mt. Washington. While enjoying the evening air on the front porch you will welcome the mountains. Front home has 3 bedrooms and 2 bathrooms. Original hardwood floors embrace the bedrooms and livingroom. Don't forget your large table for this eat in kitchen. The back home is 2 bedrooms and 1 bathroom. The front porch is charming. Alley access.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,788 | 2,187.451 |
| Lot Size | 5,602 | 5,841.385 |
| Price | $770.0K | $841.5K |
| Price per sq ft | $431 | $385 |
| Built year | 1910 | 1928 |
| HOA | $0 | $0 |
| Days on market | 28 | 85 |
Aug 12, 2026
$769,999
Initial Listing