
Los Angeles, California 90062
This Prime Investment Opportunity features two detached homes listed at a List Price of $930,000, positioned well below the $958,547 Fair Market Value by 3%. This valuation gap provides $28,547 in Instant Equity. With a Mint Condition Rating following comprehensive renovations, including quartz kitchens and updated systems, this property offers immediate rental readiness. Its strategic location near USC ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey multi-unit asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3959 Halldale Avenue Subject | $930,000* List Price | 0 | 0 | 2,086 | $460 | - |
A 3904 Dalton Sold | $947,250 | 0 | 0 | 1,820 | $520 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1923, the property has undergone a comprehensive renovation within the last few years, with specific updates to the rear unit completed within months. The renovation includes modern kitchens with quartz countertops and stainless steel appliances, updated bathrooms, new flooring, dual-pane windows, and critical system upgrades to the electrical panels and plumbing, meeting the criteria for mint condition.
The property features two completely detached single-story homes, providing rare privacy and individual yard spaces for both units, which significantly enhances rental appeal and owner-user flexibility.
Extensive recent renovations including updated plumbing, electrical panels, dual-pane windows, and designer kitchens with quartz countertops ensure low immediate maintenance costs and a move-in-ready experience.
Situated near the University of Southern California (USC) and major Metro stations, the property is positioned in a high-demand rental corridor, offering strong potential for consistent occupancy and long-term appreciation.
Despite modern cosmetic and system updates, the 1923 construction may still present inherent challenges associated with aging foundations or structural elements typical of vintage Los Angeles properties.
Both units are limited to a 2-bedroom, 1-bathroom layout, which may restrict the tenant pool to smaller households and limit the maximum rental ceiling compared to larger multi-family configurations.
Two updated & detached single-story homes. Each offers 2 bedrooms and 1 bathroom with their own yards, recent upgrades throughout designed for modern living. Improvements include updated flooring, baseboards, dual-pane windows, plumbing enhancements, and electrical panels and updates. The kitchens have been refreshed with quartz countertops, stainless steel appliances, custom tile backsplashes, and contemporary cabinetry. rear unit flooring and bathrooms updated within the last few months. Both units have parking. Abundant natural light enhances the interior spaces, creating a bright and comfortable atmosphere. Conveniently situated near a variety of restaurants, shopping, entertainment venues, parks, museums, the University of Southern California (USC), Metro stations, and major transportation routes. This property may be suitable for owner-users, extended households, or investors seeking a multi-unit opportunity
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,086 | 2,187.451 |
| Lot Size | 5,394 | 5,841.385 |
| Price | $930.0K | $841.5K |
| Price per sq ft | $446 | $385 |
| Built year | 1923 | 1928 |
| HOA | $0 | $0 |
| Days on market | 6 | 85 |
Sep 3, 2026
$930,000
Initial Listing
May 28, 2024
$883,500
Public Record
Oct 30, 2015
$335,500
Public Record