
Los Angeles, California 90003
This duplex presents a Strong Value Opportunity, listed at $625,000—positioned well below the $689,857 Fair Market Value by 9%. This valuation gap offers $64,857 in Instant Equity for the buyer. Featuring R2 zoning and a vacant rear unit, the property provides immediate income potential. While the Condition Rating of 4 indicates a need for modernization of aging infrastructure, the large 6,643 sqft lot offers significant long-term upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 408 W 107th Street Subject | $625,000* List Price | 0 | 0 | 1,741 | $396 | - |
A 157 E 104th Street Sold | $775,000 | 0 | 0 | 1,734 | $447 | 0.6 mi |
B 350 E 97th Sold | $770,000 | 0 | 0 | 1,888 | $408 | 1.0 mi |
C 147 E 95th Street Sold | $599,000 | 0 | 0 | 1,440 | $416 | 0.9 mi |
D 251 E 105th Active | $735,000 List Price | 0 | 0 | 1,688 | $435 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1935, the property shows some cosmetic interior updates such as newer laminate flooring and fresh paint. However, the exterior stucco, wall heating units, and electrical components appear dated (>20 years), and the overall structure requires modernization to meet current standards.
The duplex configuration with a vacant rear unit offers immediate rental income potential or a perfect 'house-hack' opportunity for an owner-occupant seeking to offset their mortgage.
Situated near SoFi Stadium and major entertainment hubs, the property is positioned to benefit from significant local investment and high rental demand from the surrounding workforce.
The generous 6,643 sqft lot paired with R2 zoning provides significant long-term upside and flexibility for future expansion or density improvements in a high-demand area.
Originally built in 1935, the property likely requires updates to major systems or structural components to meet modern efficiency standards and reduce long-term maintenance costs.
The use of a hutch as a third bedroom in the front unit suggests a potentially cramped interior flow that may not meet formal bedroom requirements for certain financing types.
Discover a spacious duplex on a generous R2-zoned lot, featuring two separate units, each with its own private entrance, laundry facilities, yard, and ample parking for residents and guests. The front unit offers 2 spacious bedrooms and 1 bathroom, plus a hutch currently being used as a 3rd bedroom, providing added flexibility for living arrangements. The vacant rear unit is a charming 1-bedroom, 1-bathroom with its own gated backyard—ideal for an investor looking to generate rental income or an owner-user seeking additional flexibility. Conveniently located near schools, shopping, restaurants, parks, major freeways, and public transportation, the property also benefits from its proximity to SoFi Stadium and the Chargers’ stadium, putting it near major entertainment, development, and continued investment in the area. With R2 zoning, two independent units, private outdoor space, parking, and a vacant rear unit, this property offers a compelling combination of income potential, flexibility, and long-term upside. Whether you're adding to your portfolio or looking to live in one unit and rent out the other, this one is worth a look. Schedule your private showing today and see the potential for yourself before it’s gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,741 | 2,187.451 |
| Lot Size | 6,643 | 5,841.385 |
| Price | $625.0K | $841.5K |
| Price per sq ft | $359 | $385 |
| Built year | 1935 | 1928 |
| HOA | $0 | $0 |
| Days on market | 16 | 85 |
Aug 24, 2026
$625,000
Initial Listing