
Los Angeles, California 90062
This Residential Income Duplex is a Strong Value Opportunity, listed at $885,000—positioned well below the $961,376 Fair Market Value by 7%. This valuation gap offers $76,376 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property includes recent upgrades like a reflective shingle roof and wainscoting. With an established tenant, this asset provides immediate cash flow, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, income-generating property near USC and Downtown Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4034 Brighton Ave Subject 0 bd · 0 ba · 2,628 sqft · $337 | $850,000* List Price | 0 | 0 | 2,628 | $337 | - |
A 1496 W Vernon Avenue Sold 0 bd · 0 ba · 2,107 sqft · $380 · 0.5 mi | $800,000 | 0 | 0 | 2,107 | $380 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1939, the property has undergone significant recent renovations including new flooring, wainscoting, and stone stairs. Key systems have been updated, including a new reflective shingle roof, plumbing upgrades, and new water heaters. The kitchen and bathrooms appear functional and well-maintained with mid-range updates (granite counters and tile), making it move-in ready.
This spacious duplex features an established long-term tenant in one unit, providing immediate cash flow and versatile options for investors or owner-occupants seeking to offset their mortgage.
Ideally situated near USC, Exposition Park, and major freeways, the property is positioned in a high-demand rental area with excellent proximity to Downtown Los Angeles employment hubs.
Significant upgrades including a new reflective shingle roof, plumbing enhancements, and new water heaters reduce immediate maintenance concerns and improve energy efficiency.
The property is sold subject to existing tenancy, which may limit immediate access for buyers wanting to occupy both units or those looking to perform extensive renovations on the entire building.
With only 2.5 bathrooms serving a total of 4 bedrooms across two units, the bathroom-to-bedroom ratio is relatively low, which could impact the property's competitive edge in the rental market.
Opportunity awaits at 4034 Brighton Avenue! This spacious Los Angeles duplex offers a combined 4 bedrooms, 2 & 1/2 bathrooms, approximately 2,628 square feet of living space, and a 6,963 lot size. Featuring an open floor plan, the property offers comfortable, versatile living with two separate residential units. This property presents an excellent opportunity for an investor looking to expand a rental portfolio or a buyer seeking the flexibility of multi-unit living and potential rental income. One unit is occupied by a long-term, reliable tenant with an established rental history. Recent interior upgrades include new flooring, elegant wainscoting in the dining room that adds character and architectural charm, and beautiful natural beige stone stairs complemented by decorative black wrought-iron-style metal railings, creating a warm and inviting atmosphere. Additional improvements include a roof with reflective shingles designed to help reduce heat absorption, plumbing upgrades, new water heaters, and convenient motion-activated bathroom lighting. Enjoy the convenience of a long driveway leading to a detached two-car garage, with additional parking in the backyard. The generous backyard offers ample outdoor space for relaxation, entertaining, or creating your own private retreat. Conveniently located near shopping, dining, schools, transportation, the Crypto.com Arena, the California Science Center, Exposition Park, USC, shopping, dining, and public transportation. Approximately 10 minutes from the 110 and 10 freeways, providing easy access to Downtown Los Angeles and surrounding communities. The property will be sold subject to the existing tenancy, offering an excellent opportunity for an owner-occupant seeking multi-generational living or an investor looking to expand a rental portfolio and generate potential rental income. Please do not disturb occupants. Buyer to independently verify square footage, bedroom and bathroom configuration, permits, roof specifications, improvements, parking, rental information, tenancy terms, and applicable rent-control requirements.
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 | 2,628 | 2,090.331 |
| Lot Size | 6,963 | 5,852.908 |
| Price | $850.0K | $830.9K |
| Price per sq ft | $323 | $394 |
| Built year | 1939 | 1928 |
| HOA | $0 | $0 |
| Days on market | 48 | 87 |
Oct 14, 2026
$850,000
$885,000
-4% Price Drop
Initial Listing
Sep 22, 2026
$885,000
Initial Listing
Feb 1, 2019
$685,000
Public Record
Dec 2, 2014
$451,000
Public Record