
Los Angeles, California 90037
This 1911 duplex presents a High-Potential Investment Opportunity with a List Price of $900,000—positioned well above the $680,538 Fair Market Value by -32%. While the property requires a full rehab due to its Condition Rating of 5, the 2,384 square feet of living space offers significant value-add potential in a high-demand rental market near USC and downtown Los Angeles. This asset is best suited for Buy-and-Hold Investors or experienced contractors capable of modernizing major systems to capture long-term rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3914 Wisconsin Place Subject | $900,000* List Price | 0 | 0 | 2,384 | $285 | - |
A 1323 W 41st Sold | $699,998 | 0 | 0 | 1,807 | $387 | 0.5 mi |
B 1361 W Vernon Avenue Sold | $690,000 | 0 | 0 | 1,892 | $365 | 0.8 mi |
C 1171 W 38th Street Active | $799,000 List Price | 0 | 0 | 2,100 | $380 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1911, this century-old duplex shows significant deferred maintenance. The exterior features unlandscaped dirt grounds, debris, and dated windows. Given the age and lack of visible upgrades, the property likely requires a full rehab of kitchens, bathrooms, and major systems (HVAC/Electrical) to meet modern standards.
As a duplex in a high-demand Los Angeles rental market, this property offers excellent investment potential for steady cash flow or a house-hacking opportunity.
With 2,384 square feet of living space, the units are likely spacious, making them more attractive to long-term tenants and increasing the overall rental value.
Situated in the 90037 zip code, the property is conveniently located near major employment and entertainment hubs like USC, Exposition Park, and downtown Los Angeles.
Built in 1911, the property may require significant capital expenditures for modernizing systems such as electrical, plumbing, and foundation to meet current building codes.
The 4,039 square foot lot is relatively compact for a multi-family residence, providing minimal outdoor space for tenants and limited potential for future expansion or ADU additions.
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 |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,384 | 2,250 |
| Lot Size | 4,039 | 5,864 |
| Price | $900.0K | $826.7K |
| Price per sq ft | $378 | $395 |
| Built year | 1911 | 1925 |
| HOA | $0 | $0 |
| Days on market | 41 | 83 |
Jun 11, 2026
$900,000
Initial Listing
Feb 1, 2000
$195,000
Public Record