
Los Angeles, California 90023
This Dual-Unit Residential Asset is a Strong Value Opportunity, listed at $825,000—positioned well below the $837,401 Fair Market Value by 1%. This valuation gap offers $12,401 in Instant Equity. Featuring a newly constructed front residence and an updated rear unit with separate utility meters, the property maintains a Condition Rating of 2. Its turnkey status and flexible layout make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3452 Estrada Subject 4 bd · 3 ba · 1,696 sqft · $459 | $777,888* List Price | 4 | 3 | 1,696 | $459 | - |
A 3454 Hunter Street Sold 0 bd · 0 ba · 1,612 sqft · $531 · 0.0 mi | $856,000 | 0 | 0 | 1,612 | $531 | 0.0 mi |
B 1106 Spence Street Active 4 bd · 2 ba · 1,675 sqft · $507 · 0.2 mi | $849,000 List Price | 4 | 2 | 1,675 | $507 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a newly constructed front residence and an updated rear unit. The interior shows a brand-new kitchen with modern cabinetry, stainless steel appliances, new luxury vinyl plank flooring, recessed lighting, and fresh paint throughout, indicating a complete renovation within the last 5 years.
The property features two legal, separately addressed homes delivered completely vacant, providing an immediate opportunity for rental income, multi-generational living, or house-hacking.
The front residence is a new construction featuring contemporary finishes, luxury vinyl plank flooring, and a primary suite, significantly reducing the need for immediate capital improvements.
Both residences are equipped with separate gas and electric meters, simplifying property management for investors and enhancing privacy for occupants of both units.
With two residences situated on a 4,199-square-foot lot, private outdoor space is limited, which may be a drawback for buyers prioritizing a large yard or garden.
The list price was recently adjusted upward from $788,000 to $825,000, which may impact the property's competitive positioning and appraisal valuation in the local market.
This price is not a misprint! The shrewd move is to get into escrow on this incredible opportunity before The Fed increase rates again or someone else buys it 1st. The newly constructed front residence offers approximately 1,250 square feet with 3 bedrooms and 2 bathrooms designed for today's lifestyle. Bright and inviting, the open-concept floor plan features recessed lighting, luxury vinyl plank flooring, contemporary finishes, a spacious living area, generously sized bedrooms, an indoor laundry room with additional cabinetry, and a beautiful primary suite complete with a walk-in closet and private bath. The stylish kitchen opens seamlessly to the living space, creating an ideal setting for everyday living and family gatherings. And there's more, this is a rare opportunity to own, not one but two legal, separately addressed homes on one lot, offering exceptional flexibility for owner-occupants, multi-generational living, or investment. Both homes delivered completely vacant, this unique property allows the new owner to immediately occupy, lease, or customize both residences to fit their needs. Privately situated on the property, the updated rear residence offers approximately 400 square feet with 1 bedroom, 1 bathroom, a full kitchen, and comfortable living area, making it ideal for extended family, guests, or rental income. Together, the homes provide approximately 1,650 square feet of permitted living space on. Each residence has its own address, separate gas and electric meters, and independent living environment, providing flexibility that is increasingly difficult to find. The property includes gated access with a sliding driveway gate, fenced grounds, off-street parking for multiple vehicles, storage space, and low-maintenance outdoor areas. Conveniently located with easy access to Downtown Los Angeles, major freeways, public transportation, schools, shopping, and neighborhood dining. Buy real estate and start building wealth for you and your family.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,696 | 1,670.836 |
| Lot Size | 4,199 | 6,152.156 |
| Price | $777.9K | $1.34M |
| Price per sq ft | $459 | $807 |
| Built year | 2026 | 1941 |
| HOA | $0 | $238 |
| Days on market | 94 | 56 |
Nov 4, 2026
$777,888
$808,000
-4% Price Drop
Initial Listing
Oct 20, 2026
$808,000
$825,000
-2% Price Drop
Initial Listing
Sep 15, 2026
$825,000
$788,000
+5% Price Increase
Initial Listing
Aug 7, 2026
$788,000
Initial Listing
May 21, 2010
$192,000
Public Record
Mar 1, 2007
$525,000
Public Record