
Los Angeles, California 90063
This Value-Add Multi-Unit Asset is listed at $569,900, positioned well below the $579,900 Fair Market Value by 1%. This valuation gap offers $10,000 in Instant Equity for a property featuring two detached houses on a 6,000 sf lot. Currently holding a Condition Rating of 4, the asset provides significant upside through garage-to-ADU conversion and attic modernization to leverage DTLA Skyline Views. Near STEM Academy of Boyle Heights, this is a high-demand rental opportunity ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 415 Euclid Avenue Subject | $569,900* List Price | 0 | 0 | 1,447 | $401 | - |
A 3339 E 4th Street Sold | $560,000 | 0 | 0 | 1,695 | $330 | 0.4 mi |
B 422 N Townsend Sold | $660,000 | 0 | 0 | 1,827 | $361 | 1.0 mi |
C 543 S Ditman Active | $710,000 List Price | 3 | 2 | 1,430 | $497 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this multi-unit property is functional and currently tenant-occupied, but shows significant signs of age with no evidence of recent major renovations. The listing's emphasis on 'upside potential' for investors and the need for 'architectural renderings' to add value indicates that the kitchens, bathrooms, and major systems are likely outdated and require modernization to meet current market standards.
Two detached houses, each with their own yard area and separate utilities, on a 6,000 sf lot. This up and coming Boyle Heights neighborhood is great value compared to other areas this close to downtown LA. The front house is 2 bedrooms, 1 bathroom downstairs with 3 additional rooms upstairs in the finished attic. See view of DTLA from attic rooms! (Ask about architectural rendering for converting this area to more bedrooms and a bathroom). The separate back house is 1 bedroom, 1 bathroom with an attached 2 car garage- A perfect setup to convert garage to additional ADU or add to existing one bedroom unit. (Check with city for possibilities). Excellent upside potential for the savvy investor or owner occupy one unit and let the other help pay the mortgage. Don't miss this opportunity to buy TWO HOUSES that are just minutes away from DTLA, Arts District, 6th St Bridge, Mariachi Plaza, Convention Center, etc. Buy now while it is still relatively affordable here compared to Echo Park, Los Feliz, Silver Lake, Atwater Village, etc. Buyers to do their own due diligence to verify accuracy of all information. BOTH UNITS TO BE DELIVERED WITH TENANTS IN PLACE. DO NOT DISTURB TENANTS. PROPERTY SOLD AS IS.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-6 • 0.6 mi
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 | 1,447 | 1,879.5 | 30% |
| Lot Size | 6,000 | 5,686 | 55% |
| Price | $569.9K | $705.0K | 35% |
| Price per sq ft | $394 | $386 | 55% |
| Built year | 1950 | 1923 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 217 | 15% |
Mar 6, 2026
$569,900
$579,900
-2% Price Drop
Initial Listing
Feb 12, 2026
$579,900
Initial Listing
May 20, 2022
$557,500
Public Record
Feb 27, 2019
$150,000
Public Record
Apr 13, 2018
$170,000
Public Record
Nov 30, 2016
$340,000
Public Record