
Los Angeles, California 90062
This duplex presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well above the $575,289 Fair Market Value by 21%. While the property requires a strategic renovation due to its Condition Rating of 5, the 5,860 sqft lot provides significant ADU expansion potential. Located near USC and Downtown Los Angeles, this asset offers strong rental demand for Buy-and-Hold Investors and Owner-Occupants looking to leverage house-hacking strategies in a rapidly evolving urban neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4129 La Salle Subject | $699,000* List Price | 0 | 0 | 1,802 | $319 | - |
A 4284 La Salle Sold | $800,000 | 4 | 2 | 2,119 | $378 | 0.2 mi |
B 1736 W 51st Sold | $810,000 | 4 | 4 | 2,475 | $327 | 0.9 mi |
C 1736 W 51st Sold | $810,000 | 0 | 0 | 2,475 | $327 | 0.9 mi |
D 3968 3970 S Hobart Boulevard Pending | $799,900 List Price | 0 | 0 | 1,818 | $440 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1921 (103 years old) with no mention of recent renovations to kitchens, bathrooms, or critical systems like HVAC and electrical. The exterior shows significant weathering, and the listing's emphasis on 'potential' and 'investor opportunity' typically indicates a property requiring a full rehab to address age-related defects.
The property is strategically located near USC, Exposition Park, and Downtown Los Angeles, ensuring high rental demand from students and urban professionals.
With a generous 5,860 sqft lot, there is significant potential to add an Accessory Dwelling Unit (ADU), allowing for increased density and higher future cash flow.
As a duplex, this property offers flexibility for 'house hacking' where an owner can live in one unit while the other offsets the mortgage, or as a pure multi-family investment.
Built in 1921, the property likely requires updates to major systems such as plumbing, electrical, and roofing to meet modern standards and reduce maintenance costs.
Located in a 'rapidly evolving' neighborhood, the immediate surroundings may still experience urban growing pains, which could affect short-term appreciation and tenant profile.
Welcome to 4129 - 4131 La Salle Ave — a beautiful income property nestled in the heart of Los Angeles’ rapidly evolving Vermont Square neighborhood. This property offers the perfect opportunity for both homeowners and savvy investors. Step inside to discover a bright, open layout filled with natural light. The home features spacious living areas, and comfortable bedrooms designed for everyday living. Situated on a generous lot, the property offers ample outdoor space with endless potential. If you’re envisioning entertaining, creating a private retreat, or exploring future expansion opportunities such as an ADU this property is for you. Conveniently located near major freeways, USC, Exposition Park, BMO Stadium, and Downtown Los Angeles, this duplex places you right in the center of it all while still offering a neighborhood feel. Whether you’re looking to move in, invest, or expand, 4129 & 4131 La Salle Ave is an opportunity you don’t want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,802 | 2,484 | 13% |
| Lot Size | 5,860 | 6,056 | 43% |
| Price | $699.0K | $862.5K | 30% |
| Price per sq ft | $388 | $327 | 74% |
| Built year | 1921 | 1924 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 198 | 4% |
May 29, 2026
$699,000
Initial Listing