
Los Angeles, California 90023
This Dual-Unit Residential Income Property is a strategic acquisition listed at $675,000—positioned below the $686,220 Fair Market Value by 1%. This valuation provides $11,220 in Instant Equity. The asset maintains a Condition Rating of 4, featuring a move-in ready bottom unit with new laminate flooring and quartz countertops, while the upper unit presents a clear value-add opportunity. Located in a central East Los Angeles neighborhood with strong rental demand, this is an ideal match for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4173 Hubbard Street Subject | $675,000* List Price | 0 | 0 | 1,680 | $412 | - |
A 1067 S Rowan Sold | $550,000 | 4 | 2 | 1,758 | $313 | 0.6 mi |
B 1327 S Gage Avenue Sold | $655,000 | 0 | 0 | 1,310 | $500 | 0.8 mi |
C 1059 S Record Active | $699,900 List Price | 0 | 0 | 1,746 | $401 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1963 duplex shows an inconsistent renovation status. While the bottom unit has been recently updated with modern shaker cabinets, quartz countertops, and new laminate flooring, the upper unit remains outdated with older green cabinetry and tile. The presence of original wall heaters, popcorn ceilings, and aged exterior stucco and concrete further aligns the property with the 'Fair' category, as it requires additional updates to the second unit and exterior to meet modern standards throughout.
As a duplex featuring two 2-bedroom units, this property offers excellent flexibility for investors seeking rental income or owner-occupants looking to 'house hack' by living in one unit while renting the other.
The bottom unit is move-in ready with fresh paint, new flooring, and a newly updated kitchen, reducing immediate maintenance costs and increasing its appeal to prospective tenants.
Located in a central East Los Angeles neighborhood, the property provides convenient access to schools, shopping, freeways, and public transit, making it a highly desirable location for commuters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4273, other record lot size in square feet = 4350.
The description highlights significant upgrades to the bottom unit only, suggesting the upper unit may require additional investment to bring it up to the same modern standard and maximize rental yield.
With a lot size of 4,273 square feet, the property offers limited outdoor space and potentially tight parking arrangements, which may be a drawback for tenants with multiple vehicles or those seeking yard space.
Nice remodeled duplex in East Los Angeles! Each unit offers 2 bedrooms and 1 bath, Bottom unit with fresh paint, new flooring, and a newly updated kitchen. Bottom unit is bright and move-in ready. Located in a nice ELA neighborhood, close to schools, shops, freeways, and public transportation. Perfect for owner-occupant or investor looking for strong rental potential.
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 | 1,680 | 1,793 | 43% |
| Lot Size | 4,273 | 5,993 | 29% |
| Price | $675.0K | $708.0K | 36% |
| Price per sq ft | $402 | $387 | 50% |
| Built year | 1963 | 1923 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 184 | 7% |
Mar 27, 2026
$675,000
Initial Listing