4064 Perlita, Los Angeles, California 90039, Los Angeles, 90039 - 0 bed, 0 bath
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Los Angeles, California 90039
This Versatile Atwater Village Duplex is a Strong Value Opportunity, listed at $1,235,000—positioned well below the $1,306,359 Fair Market Value by 5%. This valuation gap provides $71,359 in Instant Equity. Featuring two detached homes with hardwood floors and a private deck, the property maintains a Fair Condition Rating, offering significant upside through modernization. Located near the 9/10 rated Ivanhoe Elementary School, it balances investment potential with lifestyle appeal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4064 Perlita Subject | $1,235,000* List Price | 0 | 0 | 1,479 | $883 | - |
A 3937 Revere Active | $1,035,000 List Price | 4 | 2 | 1,175 | $881 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1941, is in livable condition but shows significant signs of age and requires updates. While the interior features well-maintained hardwood floors and a partially updated bathroom vanity, the kitchen remains dated with older fixtures and open cabinetry. Exterior elements, specifically the wooden deck and screened-in porch, show noticeable weathering and deferred maintenance. The property fits the 'fair' category as it is functional but requires minor repairs and modernization of major systems and finishes.
Elementary School: Ivanhoe Elementary School (9/10).
The property features two separate detached homes on a single lot, offering excellent flexibility for owner-occupancy with rental income or a pure investment strategy in a high-demand area.
Situated in one of Los Angeles’s most sought-after neighborhoods, the property benefits from a high walkability score and close proximity to trendy dining, nightlife, and the popular Sunday Farmer’s Market.
Built in 1941, the property may require updates to major systems such as plumbing, electrical, or roofing to meet modern standards and ensure long-term structural integrity.
With a list price of $1,235,000 for approximately 1,479 square feet, the property commands a significant premium that may challenge buyers looking for more interior living space.
This property consists of two separate homes, providing flexible living and rental opportunities. The front house offers one bedroom and one full bathroom and beautiful hardwood floors. It is currently on a month-to-month rental. The rear home features two bedrooms and one full bathroom, hardwood floors, two-car garage and rear yard and will be delivered vacant upon closing, allowing for immediate occupancy or the option to seek new tenants. Historic Atwater Village is recognized as one of Los Angeles’s most desirable neighborhoods. The area boasts a high walkability score and offers convenient proximity to neighboring communities, including Los Feliz, Silverlake, and Elysian Valley. Residents and visitors alike appreciate Atwater Village for its diverse array of popular restaurants, vibrant nightlife, unique shopping experiences, and the highly attended Sunday Farmer’s Market.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.7 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 44% |
| Baths | 0.0 | 2.0 | 44% |
| Square foot | 1,479 | 1,930 | 33% |
| Lot Size | 5,459 | 5,459 | 50% |
| Price | $1.24M | $1.41M | 44% |
| Price per sq ft | $835 | $835 | 50% |
| Built year | 1941 | 1941 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 73 | 139 | 44% |
Feb 8, 2026
$1,235,000
Initial Listing
Sep 15, 2003
$440,000
Public Record