
Los Angeles, California 90033
This duplex presents a Strong Value Opportunity with a List Price of $695,000—positioned well above the $661,544 Fair Market Value by 5%. While the property requires significant capital expenditure due to its Fair Condition Rating and century-old infrastructure, the vacant unit provides immediate flexibility for renovation or leasing. Featuring a rear yard/patio area and a strategic location near Downtown Los Angeles, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project to build long-term equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 422 N Mott Street Subject | $695,000* List Price | 0 | 0 | 1,900 | $348 | - |
A 2811 -2813 E Boulder Street Sold | $721,000 | 0 | 0 | 2,272 | $317 | 0.2 mi |
B 419 N Mott Sold | $570,000 | 5 | 3 | 2,122 | $269 | 0.0 mi |
C 2482 Pomeroy Ave Sold | $655,000 | 4 | 1 | 1,848 | $354 | 0.5 mi |
D 2626 E 2nd Street Sold | $617,000 | 0 | 0 | 1,352 | $456 | 0.4 mi |
E 2627 Pomeroy Avenue Sold | $587,000 | 0 | 0 | 1,544 | $380 | 0.6 mi |
F 917 N Mott St Sold | $685,000 | 0 | 0 | 2,156 | $318 | 0.4 mi |
G 2731 Malabar Pending | $650,000 List Price | 0 | 0 | 1,868 | $348 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, this century-old duplex shows significant signs of age and deferred maintenance. The bathroom features highly outdated tiling, worn cabinetry, and aged fixtures likely exceeding 30-40 years. The listing's 'value-add' description and 'present condition' sale status confirm the need for a comprehensive rehab of systems and interiors.
The duplex configuration with one vacant unit offers immediate flexibility for owner-occupants to house-hack or for investors to lease at current market rates.
Situated in the established Boyle Heights neighborhood, the property provides convenient access to Downtown Los Angeles, major transportation hubs, and local amenities.
With spacious interiors, charming architectural details, and a vacant unit ready for personalization, there is significant opportunity to build equity through strategic renovations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1900, other record living area = 1800.
The property is being sold in its present condition, which likely necessitates immediate capital expenditure for repairs and modernization.
Given the 1924 construction date and the mention of needed improvements, buyers should anticipate potential upgrades to aging infrastructure and systems.
Opportunity awaits with this Los Angeles duplex offering flexibility for both investors and owner-occupants. Unit 420 is vacant and ready for its next occupant, providing an excellent opportunity to live in one unit while generating income from the other, or to add to an investment portfolio. The property features spacious interiors with abundant natural light, generously sized living areas, kitchens, bathrooms, and charming architectural details throughout. One unit features updated flooring in portions of the living space, while the vacant unit offers an opportunity for improvements and personalization. The property also includes gated entry, outdoor space, and a rear yard/patio area. Conveniently located near major streets, shopping, schools, public transportation, and easy access to Downtown Los Angeles. Property is being sold in its present condition. A great value-add opportunity with income potential in an established Los Angeles neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,900 | 2,187.451 |
| Lot Size | 3,732 | 5,841.385 |
| Price | $695.0K | $841.5K |
| Price per sq ft | $366 | $385 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 26 | 85 |
Aug 14, 2026
$695,000
Initial Listing