350 E 97th, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Value-Add Residential Income Duplex presents a Prime Investment Opportunity with a List Price of $770,000—positioned below the $786,725 Fair Market Value by 2%. This valuation gap offers $16,725 in Instant Equity for buyers. While maintaining a Fair Condition Rating, the 1937 vintage infrastructure provides significant upside for forced appreciation through targeted modernizations. The property features a 3-bedroom upper unit and Exceptional Parking Capacity for seven vehicles, ensuring high rental demand. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 350 E 97th Subject | $770,000* List Price | 0 | 0 | 1,888 | $408 | - |
A 157 E 104th Street Sold | $775,000 | 0 | 0 | 1,734 | $447 | 0.5 mi |
B 147 E 95th Street Sold | $599,000 | 0 | 0 | 1,440 | $416 | 0.3 mi |
C 127 E 95th Street Sold | $820,000 | 0 | 0 | 2,304 | $356 | 0.3 mi |
D 155 157 W 103 Street Sold | $710,000 | 0 | 0 | 1,352 | $525 | 0.6 mi |
E 433 W Century Sold | $675,000 | 0 | 0 | 1,640 | $412 | 0.8 mi |
F 9223 S San Pedro Active | $589,000 List Price | 0 | 0 | 1,934 | $305 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937, this duplex is characterized by vintage infrastructure and likely outdated mechanical, electrical, and plumbing systems. While the exterior appears maintained and the units are described as 'nice,' the property's age and lack of documented recent renovations suggest it is functional but shows significant signs of being outdated, fitting the criteria for fair condition.
This duplex configuration featuring a 3-bedroom upper unit and a 1-bedroom lower unit offers excellent versatility for owner-occupiers or investors seeking dual rental streams.
Rare for the area, the property includes a 2-car garage and additional yard space accommodating up to seven vehicles, a significant value-add for multi-generational living or high-occupancy rentals.
Situated in a high-demand area of Los Angeles, the property provides convenient access to public transportation, shopping, and essential services, ensuring low vacancy rates.
Built in 1937, the property may require substantial capital expenditures for modernizing systems such as electrical, plumbing, or structural components to meet current standards.
The 'do not disturb occupants' instruction suggests potential challenges with immediate interior inspections and may involve navigating existing tenant rights or lease agreements.
TWO NICE UNITS IN CENTRAL LOS ANGELES, CLOSE TO SHOPPING & PUBLIC SERVICES & TRANSPORTATION. THREE BEDROOMS, ONE BATH UPSTAIRS, ONE BDRM, ONE BATH DOWNSTAIRS & 2 CAR GARAGE, FENCED YARD, ROOM FOR SEVEN CARS IN YARD,SHOW AND SELL, DO NOT DISTURB OCCUPANTS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,888 | 2,250 |
| Lot Size | 5,102 | 5,864 |
| Price | $770.0K | $826.7K |
| Price per sq ft | $408 | $395 |
| Built year | 1937 | 1925 |
| HOA | $0 | $0 |
| Days on market | 133 | 83 |
Mar 11, 2026
$770,000
Initial Listing
May 15, 2008
$319,000
Public Record
Jun 10, 2005
$390,000
Public Record
Mar 25, 2005
$255,000
Public Record