
Los Angeles, California 90061
This Residential Income Duplex presents a Strong Value Opportunity, listed at $839,000—positioned well below the $884,514 Fair Market Value by 5%. This valuation gap offers $45,514 in Instant Equity. With a Condition Rating of 2, the property features a fully renovated interior, providing immediate cash flow from the tenant-occupied lower unit. This turnkey asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage expenses through rental income in the Los Angeles Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 W 109th Subject | $879,000* List Price | 6 | 4 | 2,736 | $334 | - |
A 321 111 Place Active Under Contract | $899,999 List Price | 7 | 4 | 2,710 | $332 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure was built in 2004, the property has undergone a full modern renovation within the last 5 years. The kitchen features updated cabinetry and stainless steel appliances, and the bathrooms have been completely remodeled with contemporary tile work and black fixtures. The interior is in mint condition and move-in ready.
Built in 2004 and recently fully renovated, this duplex offers modern construction standards and updated interiors, significantly reducing the need for immediate capital expenditures.
The property features a tenant-occupied lower unit generating $2,900 monthly, providing immediate cash flow while offering the upper unit for owner-occupancy or additional market-rate rental income.
With a total of 6 bedrooms and 4 bathrooms across two units, the property maximizes rental capacity and appeals to a wide range of tenants or multi-generational families.
The property was recently sold within the past year on 2026-02-04. The sold price is $679,000.00. The property was recently sold within the past year on 2026-02-03. The sold price is $650,000.00.
The 3,102 sqft lot is quite small relative to the 2,736 sqft building size, leaving very little room for private yards, landscaping, or extensive outdoor amenities.
The property is noted as having no views, which may impact its long-term appreciation potential compared to similar residential income properties in more scenic or elevated Los Angeles neighborhoods.
Beautifully renovated duplex offering excellent income in Los Angeles. Both units have been fully remodeled with updated interiors and modern finishes. Both units are three bedrooms and two bath, almost same layout. Both units are currently tenant-occupied, generating $5,600 per month in rental income, Conveniently located near schools, shopping, dining, freeways, and public transportation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 5.0 | 60% |
| Baths | 4.0 | 3.0 | 60% |
| Square foot | 2,736 | 2,220 | 60% |
| Lot Size | 3,102 | 6,057 | 20% |
| Price | $879.0K | $707.0K | 60% |
| Price per sq ft | $321 | $318 | 60% |
| Built year | 2004 | 1947 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 201 | 20% |
Jun 5, 2026
$879,000
$839,000
+5% Price Increase
Initial Listing
May 21, 2026
$839,000
Initial Listing
May 20, 2026
$8,390,000
Initial Listing
Feb 4, 2026
$679,000
Public Record
Feb 3, 2026
$650,000
Public Record