4173 Hubbard Street, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath
ACTIVE$679,000
4173 Hubbard Street, Los Angeles, California 90023
0Bed
0Bath
1,680Sqft
4,273Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment & Income Potential: The property is explicitly marketed as a strong investment opportunity, ideal for generating rental income, and offers the flexibility for an owner-occupier to live in one unit while renting out the other.
Top Cons:
Age of Property: Built in 1963, the property is over 60 years old, which may imply outdated systems (plumbing, electrical, HVAC) and aesthetics that could require significant capital expenditure for modernization.
Compared to the nearby listings
Price:$679.0K vs avg $655.0K (+$24,000)62%
Size:1,680 sqft vs avg 1,680 sqft50%
Price/sqft:$404 vs avg $40450%
More Insights
Built in 1963 (62 years old).
Condition: Built in 1963, this property shows significant signs of age and deferred maintenance in key areas. The kitchens in both units are highly outdated with tiled countertops and old cabinet styles (one painted a bright, polarizing green), suggesting renovations from 30-50 years ago. The property lacks central air conditioning, relying on visible window units. While functional and livable, substantial rehabilitation is required to modernize the interiors, upgrade major systems, and improve overall comfort and appeal, aligning with the 'Poor' condition criteria.
Year Built
1963
Close
-
List price
$679K
Original List price
$679K
Price/Sqft
$404
HOA
-
Days on market
-
Sold On
-
MLS number
MB25200424
Home ConditionPoor
Features
View-
About this home
This property offers a great chance for either owner occupiers or investors seeking rental income in an established East LA neighborhood with community features like sidewalks and street lights. Its combination of size, location, and pricing makes it very competitive in the market for multi-family homes in the 90023 zip code. Property is located in a nice area of ELA , close to amenities and is presented as a good investment opportunity, suitable for renting one unit while living in the other.
Condition Rating
Poor
Built in 1963, this property shows significant signs of age and deferred maintenance in key areas. The kitchens in both units are highly outdated with tiled countertops and old cabinet styles (one painted a bright, polarizing green), suggesting renovations from 30-50 years ago. The property lacks central air conditioning, relying on visible window units. While functional and livable, substantial rehabilitation is required to modernize the interiors, upgrade major systems, and improve overall comfort and appeal, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Investment & Income Potential: The property is explicitly marketed as a strong investment opportunity, ideal for generating rental income, and offers the flexibility for an owner-occupier to live in one unit while renting out the other.
Competitive Market Value: Its combination of size, location, and pricing positions it as very competitive within the multi-family home market in the 90023 zip code, suggesting good value for buyers.
Desirable East LA Location: Situated in a 'nice area of ELA' with close proximity to amenities, enhancing its appeal to both tenants and owner-occupiers seeking convenience.
Established Neighborhood Features: Located in an established East LA neighborhood, benefiting from community features like sidewalks and street lights, which contribute to a stable and livable environment.
Versatile Buyer Appeal: The property's suitability for both owner-occupiers and investors broadens its market appeal, potentially leading to a quicker sale and stronger offers.
Cons
Age of Property: Built in 1963, the property is over 60 years old, which may imply outdated systems (plumbing, electrical, HVAC) and aesthetics that could require significant capital expenditure for modernization.
Unspecified Condition & Renovation Needs: The description lacks details on the current condition of the units or any recent renovations, suggesting potential for deferred maintenance or necessary upgrades to maximize rental income or owner-occupier comfort.
Limited Private Outdoor Space: With a lot size of 4273 sqft for a duplex, there may be limited private outdoor space available for each unit, which could be a drawback for tenants or owner-occupiers desiring more personal yard area.