
Los Angeles, California 90018
This Strong Value Opportunity is a Residential Income Duplex listed at $600,000—positioned well below the $635,000 Fair Market Value by 5%. This valuation gap offers $35,000 in Instant Equity for buyers. With a Condition Rating of 5, the property requires a full interior rehab, offering significant upside for forced appreciation. Featuring a 3-car garage and corner-lot layout, this asset is ideal for Buy-and-Hold Investors or Contractors seeking to maximize rental yield in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3773 S La Salle Avenue Subject | $600,000* List Price | 0 | 0 | 1,200 | $529 | - |
A 3705 4th Avenue Sold | $710,000 | 0 | 0 | 1,176 | $604 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941 with no evidence of major renovations in the last 30-50 years. Interior photos reveal significant wear and tear, specifically heavily distressed hardwood flooring and dated kitchen cabinetry. The property appears to require a full interior rehab and likely system updates to meet modern standards.
As a fully tenant-occupied duplex with separate laundry hookups for each unit, this property offers immediate cash flow and a turnkey investment opportunity in a high-demand central Los Angeles location.
The inclusion of a spacious 3-car garage is a rare and highly valuable feature for a property of this size, providing significant utility for tenants and potential for additional storage income.
Situated on a corner lot, the property features gated entries and a private backyard for the upper unit, enhancing privacy, natural light, and curb appeal compared to standard mid-block parcels.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 2788.
With both units currently occupied, an owner-user may face challenges or delays in moving in, and investors must navigate Los Angeles rent stabilization ordinances regarding rent adjustments and possession.
The 1-bedroom, 1-bathroom configuration for each unit limits the appeal to smaller households, potentially capping the maximum rental yield compared to properties with multi-bedroom units.
Corner-Lot Duplex in the Heart of Los Angeles! This well-positioned two-story duplex offers an excellent investment opportunity with both units currently tenant occupied. Each unit features 1 bedroom and 1 bathroom, along with its own separate laundry room with washer and dryer hookups. The property also includes a spacious 3-car garage, providing valuable parking and storage options. The front of the property has been newly landscaped and features a gated entrance along S La Salle Avenue. The upper-level second unit faces Exposition Boulevard and offers its own gated entry, private backyard, and a mature avocado tree. Conveniently located near shopping, dining, transportation, and major Los Angeles destinations, this duplex presents an attractive opportunity for investors or owner-users looking for income potential in a desirable central Los Angeles location!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,200 | 2,187.451 |
| Lot Size | 3,223 | 5,841.385 |
| Price | $600.0K | $841.5K |
| Price per sq ft | $500 | $385 |
| Built year | 1941 | 1928 |
| HOA | $0 | $0 |
| Days on market | 13 | 85 |
Aug 28, 2026
$600,000
Initial Listing
Aug 27, 2026
$635,000
Initial Listing
Aug 21, 2023
$562,500
Public Record
May 19, 2009
$197,000
Public Record
May 21, 2007
$530,000
Public Record
Apr 14, 2005
$350,000
Public Record