
Los Angeles, California 90023
This Residential Income Duplex represents a Prime Investment Opportunity with a List Price of $624,800—positioned well below the $768,082 Fair Market Value by 18%. This significant valuation gap secures $143,282 in Instant Equity for the incoming buyer. While the property holds a Condition Rating of 4 and remains move-in ready, the 1966-built interiors offer a clear Value-Add path through modernization. Boasting Mountain Views and a strategic Boyle Heights location near Downtown LA, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3446 E Hunter Street Subject | $624,800* List Price | 0 | 0 | 1,448 | $530 | - |
A 1270 S Hicks Avenue Sold | $670,000 | 0 | 0 | 1,392 | $481 | 0.8 mi |
B 1125 Orme Sold | $750,000 | 7 | 4 | 1,828 | $410 | 0.9 mi |
C 3016 Inez Active | $699,888 List Price | 0 | 0 | 1,620 | $432 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, the property appears well-maintained but is significantly outdated. The kitchen features older wood cabinetry and white appliances, while the bathrooms and fixtures reflect mid-to-late 20th-century styles. Although it has some newer laminate flooring and is move-in ready, it lacks the modern renovations required for a higher rating.
As a duplex, this property offers a versatile investment opportunity for rental income or a house-hacking strategy in a high-demand Los Angeles rental market.
Situated in the Boyle Heights area, the property provides excellent proximity to Downtown Los Angeles and major transit corridors, ensuring long-term desirability.
Listed at $624,800, this multi-unit residence represents an accessible entry point for investors or first-time buyers looking for a residential income property.
The 4,472 square foot lot is relatively compact for a duplex, which may limit outdoor living space and future expansion or ADU potential.
Built in 1966, the property may require capital improvements or cosmetic updates to compete with newer developments and achieve top-tier market rents.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
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 | 1,448 | 1,758 | 38% |
| Lot Size | 4,472 | 5,983 | 31% |
| Price | $624.8K | $705.0K | 31% |
| Price per sq ft | $431 | $410 | 54% |
| Built year | 1966 | 1923 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 180 | 8% |
Mar 9, 2026
$624,800
Initial Listing