
Los Angeles, California 90018
This duplex presents a High-Potential Investment Opportunity with a List Price of $935,000—positioned above the $886,865 Fair Market Value. While the property requires capital expenditure due to its Condition Rating of 4, the ability to deliver units vacant provides immediate flexibility for repositioning. The 5,607 sqft lot offers significant value-add potential for ADU development in a high-demand Mid-City location. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage a value-add strategy in an evolving urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3529 10th Avenue Subject | $935,000* List Price | 0 | 0 | 2,146 | $413 | - |
A 2725 Obama Sold | $1,150,000 | 0 | 0 | 2,354 | $489 | 0.3 mi |
B 1805 W 35th Street Sold | $937,500 | 0 | 0 | 2,116 | $443 | 0.9 mi |
C 2640 S Bronson Sold | $1,010,000 | 0 | 0 | 2,518 | $401 | 0.6 mi |
D 3553 Cimarron Street Sold | $951,000 | 0 | 0 | 2,068 | $460 | 0.7 mi |
E 3417 4th Avenue Active Under Contract | $779,000 List Price | 3 | 2 | 2,422 | $322 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1948, the property shows signs of partial renovations (laminate flooring and some subway tiling) likely performed 15-20 years ago. However, the bathrooms are dated, with one showing significant wear, peeling finishes, and questionable plumbing configurations. The use of window AC units suggests a lack of updated central HVAC, and the listing's emphasis on 'upside potential' and 'value-add' confirms the need for cosmetic and system updates.
The ability to deliver all units vacant is a significant advantage in Los Angeles, allowing an investor to immediately set market-rate rents or an owner-user to move in without tenant relocation hurdles.
Positioned in a rapidly evolving neighborhood near USC, Downtown LA, and major Metro lines, the property is ideally located for high rental demand and long-term capital appreciation.
The generous 5,607 sqft lot offers substantial upside, providing enough space for potential ADU addition or further improvements to maximize the property's income-generating capacity.
The property is served by local schools with low ratings (mostly 2/10), which may deter families and limit the pool of long-term residential tenants.
Dating back to 1948, the property likely requires significant capital expenditure for modernizing major systems and cosmetic updates to meet contemporary tenant expectations.
*ALL UNITS CAN BE DELIVERED VACANT** Located in the heart of rapidly growing South Los Angeles, this exceptional duplex presents a rare opportunity for both investors and owner-users alike. Situated on a spacious lot in a prime Mid-City location, this property offers incredible upside potential with strong income-producing possibilities and flexible living options. Each unit features generous living spaces filled with natural light, functional floor plans, and classic character details that create warmth and charm throughout. Whether you're looking to live in one unit and rent the other, expand your investment portfolio, or explore future value-add opportunities, this property checks all the boxes. The expansive lot provides ample outdoor space with potential for additional improvements, parking, or future development possibilities (buyer to verify). Conveniently located near Downtown Los Angeles, USC, Exposition Park, Banc of California Stadium, Metro lines, major freeways, shopping, dining, and entertainment, this duplex is perfectly positioned in one of LA’s most active and evolving neighborhoods. A fantastic opportunity to own an income-generating property with long-term growth potential in a highly desirable Los Angeles location. Don’t miss your chance to capitalize on this versatile and valuable duplex opportunity!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
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 | 2,146 | 2,370 | 44% |
| Lot Size | 5,607 | 6,046 | 31% |
| Price | $935.0K | $857.5K | 50% |
| Price per sq ft | $436 | $431 | 50% |
| Built year | 1948 | 1923 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 153 | 6% |
May 25, 2026
$935,000
Initial Listing
Apr 13, 2007
$585,000
Public Record