4155 Bemis, Los Angeles, California 90039, Los Angeles, 90039 - 0 bed, 0 bath
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4155 Bemis
Los Angeles, California 90039
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,257Sq Ft
7,004Lot Size
Property Price
LIST PRICE$1,299,000
EST. MARKET VALUE
$1,359,485
4% BelowMARKET VALUE
SUMMARY
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $1,299,000—positioned well below the $1,359,486 Fair Market Value by 4%. This valuation gap offers $60,486 in Instant Equity. Featuring a Fair Condition Rating, the property requires cosmetic updates to modernize its 1920s infrastructure. With a generous 7,004 sqft lot and private patio, it is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income in a prime Atwater Village location.
Estimated Market Value
$1,359,485+$60,485 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4155 Bemis Subject 0 bd · 0 ba · 2,257 sqft · $602 | $1,299,000* List Price | 0 | 0 | 2,257 | $602 | - |
A 4057 Baywood Pending 0 bd · 0 ba · 2,275 sqft · $425 · 0.1 mi | $968,000 List Price | 0 | 0 | 2,275 | $425 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1920, this duplex is functional but significantly dated. Interior images show worn carpeting, older ceramic tile, and visible plaster cracking/rough wall textures in the laundry area. The bathroom and kitchen features appear to be 20+ years old with basic finishes. While livable, the property requires cosmetic updates and likely system inspections due to its age and lack of mentioned renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ivanhoe Elementary School (9/10).
- Prime Atwater Village Location
Situated in one of Northeast Los Angeles’ most desirable neighborhoods, this property offers exceptional proximity to Griffith Park, Silver Lake, and the Americana at Brand, ensuring high demand and long-term value.
- Dual-Unit Income Potential
As a residential income duplex, the property provides a rare opportunity for an owner-user to offset their mortgage with rental income or for an investor to capitalize on the area's strong rental market.
CONSRISKS & DEFICIENCIES
- Century-Old Infrastructure
Built in 1920, the property likely requires ongoing maintenance or significant capital investment to modernize aging systems such as plumbing, electrical, and foundation to meet contemporary standards.
- Inconsistent School Ratings
While the area has access to some high-performing schools, the immediate local elementary school carries a lower rating, which may be a consideration for families prioritizing top-tier public education.
About 4155 Bemis
Welcome to Atwater Village! A rare opportunity to own a two-unit property in one of Northeast Los Angeles’ most desirable and centrally located neighborhoods, offering the flexibility of rental income in a highly sought after area. Just moments from Griffith Park, neighborhood shops and restaurants, and the charming streets of Atwater Village, the property is also conveniently located near Glendale, the Americana at Brand, Glendale Galleria, the Atwater Village Equestrian District, riverfront trails, parks, and recreation. With Los Feliz, Silver Lake, and Glendale all nearby, this location offers the best of city living with a true neighborhood feel.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1920
- Lot Size
- 7,004 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Glenfeliz Boulevard Elementary School
Grades K-6 • 0.8 mi
5/10
Cerritos Elementary School
Grades K-6 • 1.0 mi
6/10
Columbus Elementary School
Grades K-5 • 1.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,257 | 2,148.648 |
| Lot Size | 7,004 | 5,855.757 |
| Price | $1.30M | $831.8K |
| Price per sq ft | $576 | $387 |
| Built year | 1920 | 1928 |
| HOA | $0 | $0 |
| Days on market | 11 | 87 |
Pricing History
Listed for Sale
Oct 13, 2026
$1,299,000
Initial Listing