401 W Avenue 37, Los Angeles, California 90065, Los Angeles, 90065 - 0 bed, 0 bath
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Los Angeles, California 90065
This Turnkey Duplex represents a High-Potential Investment Opportunity, listed at $1,089,000. While priced slightly above the $1,060,010 Fair Market Value, the property features a Mint Condition Rating following a comprehensive modern renovation. With an expansive 8,086 sqft lot and proximity to top-rated schools like Mt. Washington Elementary, this asset offers significant rental demand and ADU potential. It is a stable, income-generating asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through high-end, move-in ready multi-unit living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 401 W Avenue 37 Subject | $1,089,000* List Price | 0 | 0 | 2,334 | $454 | - |
A 2676 Roseview Sold | $960,000 | 0 | 0 | 2,330 | $412 | 0.8 mi |
B 514 W River Street Active | $1,279,000 List Price | 0 | 0 | 2,566 | $498 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1907 build date, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features high-end finishes including a waterfall quartz island, new shaker cabinetry, recessed lighting, and updated flooring throughout, indicating mint condition with no immediate maintenance required.
As a duplex in a high-demand Los Angeles submarket, this property offers excellent versatility for investors or owner-occupants looking to generate rental income to offset mortgage costs.
The generous 8,086 square foot lot is significantly larger than many urban parcels, providing ample space for outdoor amenities or the potential addition of an Accessory Dwelling Unit (ADU) to maximize ROI.
The property is situated within the boundaries of well-regarded schools, including Mt. Washington Elementary and Benjamin Franklin Senior High, which are both rated 7/10, driving consistent tenant and buyer demand.
Originally constructed in 1907, the property may possess aging systems such as plumbing, electrical, or foundation elements that could require significant capital expenditure if not recently modernized.
The current list price reflects a substantial increase over the most recent sale price of $655,000, which may lead to appraisal challenges unless extensive, high-quality renovations have been completed.
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.
Grades K-5 • 0.3 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,334 | 2,250 |
| Lot Size | 8,086 | 5,864 |
| Price | $1.09M | $826.7K |
| Price per sq ft | $467 | $395 |
| Built year | 1907 | 1925 |
| HOA | $0 | $0 |
| Days on market | 19 | 83 |
Jul 3, 2026
$1,089,000
Initial Listing
Nov 7, 2024
$655,000
Public Record