
Los Angeles, California 90023
This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well below the $753,488 Fair Market Value by 0.46%. This duplex features separate utility meters and a large 7,470 sqft lot, offering significant value-add potential through renovation. With a Condition Rating of 5, the asset requires substantial capital investment to address deferred maintenance. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to maximize rental yield in East Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4015 Hubbard Subject 0 bd · 0 ba · 2,161 sqft · $349 | $750,000* List Price | 0 | 0 | 2,161 | $349 | - |
A 830 S Record Avenue Sold 0 bd · 0 ba · 2,184 sqft · $380 · 0.2 mi | $830,000 | 0 | 0 | 2,184 | $380 | 0.2 mi |
B 938 S Eastman Sold 5 bd · 3 ba · 2,075 sqft · $386 · 0.3 mi | $800,000 | 5 | 3 | 2,075 | $386 | 0.3 mi |
C 729 S Bernal Sold 6 bd · 3 ba · 2,250 sqft · $360 · 1.0 mi | $811,000 | 6 | 3 | 2,250 | $360 | 1.0 mi |
D 729 S Bernal Sold 0 bd · 0 ba · 2,250 sqft · $360 · 1.0 mi | $811,000 | 0 | 0 | 2,250 | $360 | 1.0 mi |
E 650 S Indiana St Sold 0 bd · 0 ba · 2,035 sqft · $383 · 0.4 mi | $780,000 | 0 | 0 | 2,035 | $383 | 0.4 mi |
F 1151 Calzona Street Sold 6 bd · 4 ba · 1,704 sqft · $376 · 0.8 mi | $640,000 | 6 | 4 | 1,704 | $376 | 0.8 mi |
G 3720 Princeton Active 0 bd · 0 ba · 2,162 sqft · $333 · 0.4 mi | $720,000 List Price | 0 | 0 | 2,162 | $333 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1906, this duplex requires significant rehab. The front house lacks essential systems, specifically a furnace and water heater. Interior images reveal a severely outdated and deteriorated kitchen with missing cabinet doors, worn flooring, popcorn ceilings, and extensive deferred maintenance throughout.
The property features two detached residences on a single lot, offering excellent flexibility for high rental yield, multi-generational living, or a live-in-one-rent-the-other strategy.
Both houses are equipped with separate utility meters, which simplifies property management and reduces owner expenses by shifting utility responsibility directly to tenants.
The large 7,470 sqft fully fenced lot includes a detached two-car garage and a carport, providing rare and ample storage and parking capacity for a multi-unit property in East Los Angeles.
The front unit requires substantial rehabilitation, specifically lacking essential systems such as a furnace and water heater, necessitating immediate capital investment.
Built in 1906, the property features a dated rear unit and aging structural elements that may require extensive modernization to meet current market standards and building codes.
Nice area of E Los Angeles, great investor property... Rear unit is a 4 bedroom, 2 bathroom detached house that is livable, but dated. This home is approx 1400 sq ft.. The front house is a 2 bedroom, 1 bathroom house that needs work, currently has wood walls in both bedrooms, no furnace or water heater... There is the equivaent of a 2 car detached garage garage in the very back of the property being used for storage and also has a carport.. The entire property is fully fenced..Both houses have separate utility meters..
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,161 | 2,090.331 |
| Lot Size | 7,470 | 5,852.908 |
| Price | $750.0K | $830.9K |
| Price per sq ft | $347 | $394 |
| Built year | 1906 | 1928 |
| HOA | $0 | $0 |
| Days on market | 49 | 87 |
Sep 21, 2026
$750,000
Initial Listing