4206 Mercury Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 0 bed, 0 bath
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Los Angeles, California 90032
This Value-Add Residential Income Duplex is listed at $599,000, representing a stable entry into the Montecito Heights market near its $567,508 Fair Market Value. The property features a 1-bed/1-bath front house and a 2-bed/1-bath rear house, offering immediate rental income potential. While maintaining a Condition Rating of 4 with outdated interiors, the well-kept structure and Terraced Backyard provide a solid foundation for value-add improvements. Located minutes from USC Medical Center, this asset is perfectly suited for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting Northeast Los Angeles.
Property is moderate renovation needed.
Built in 1922, this property features highly outdated kitchens with old cabinets, worn laminate countertops, and basic older appliances. Bathrooms are also very basic and dated. While the property appears structurally sound and functional, it lacks modern amenities like central HVAC (window units are visible) and has not undergone significant renovations in many decades. It is maintained but requires substantial updates to kitchens, bathrooms, and potentially major systems to meet contemporary standards.
The property features two separate units (1 bed/1 bath and 2 bed/1 bath) on one lot, offering excellent potential for rental income or owner-occupancy with supplemental rental.
Situated in the highly sought-after Montecito Heights/Rose Hills area, known for its appeal and proximity to other desirable neighborhoods like Alhambra and South Pasadena.
Conveniently located minutes from major institutions such as Cal State L.A. and USC Medical Center, as well as restaurants, shopping, schools, and freeways.
Built in 1922, the property's age may imply older infrastructure (plumbing, electrical, HVAC) that could require significant updates or maintenance in the future, despite being well-maintained.
With a total of 993 sqft for two units (1 bed/1 bath and 2 bed/1 bath), the individual living spaces are quite small, which might limit appeal to certain tenants or owner-occupants seeking more spacious accommodations.
The description of a staircase leading to multiple backyard areas suggests a terraced or sloped lot, which may not be ideal for all buyers, particularly those desiring a flat, easily accessible yard.
2 Units on one lot in Montecito Heights featuring a front house with 1 bedroom and 1 bath. A rear house fitted with 2 bedrooms and 1 bath. Both units are in good condition and well maintained. The backyard has a stair case that leads up to several areas that could be used for gardening or for a private retreat area. These two homes are located in the highly sought after neighborhood of Montecito Heights/Rose hills area . Your surrounding neighborhoods are Alhambra, South Pasadena, Lincoln Heights and Downtown Los Angeles. This wonderful home is minutes from Cal State L.A., USC Medical Center, restaurants, shopping, schools and freeways. This property is perfect for investment or living in one unit and renting the other.
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 | 993 | 1,360 | 14% |
| Lot Size | 4,898 | 6,306 | 43% |
| Price | $599.0K | $630.0K | 43% |
| Price per sq ft | $603 | $463 | 86% |
| Built year | 1922 | 1929 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 280 | 244 | 0% |
Jul 16, 2025
$599,000
Initial Listing
Nov 5, 2007
$320,000
Public Record
Dec 23, 2004
$320,000
Public Record
May 14, 2003
$139,000
Public Record
Aug 29, 1997
$105,000
Public Record