4314 Morgan, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This Residential Income Duplex represents a strategic acquisition in the high-demand USC University area. Listed at $800,000, the property is positioned relative to a $569,228 Fair Market Value, reflecting the area's competitive rental landscape and income potential. With a Condition Rating of 5, the 1908-built structure requires a comprehensive rehab to address significant deferred maintenance and outdated systems. The 3-bedroom and 2-bedroom units, paired with a City Lights view and 1031 exchange potential, provide significant forced appreciation. This is an ideal project for Value-Add Investors or Contractors targeting the student housing market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4314 Morgan Subject | $800,000* List Price | 0 | 0 | 1,518 | $375 | - |
A 1684 E Martin Luther King Jr Boulevard Sold | $665,000 | 5 | 2 | 1,544 | $431 | 0.3 mi |
B 1350 E 43rd Active | $649,900 List Price | 0 | 0 | 1,668 | $390 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908, this 116-year-old property shows significant deferred maintenance. Exterior images reveal rotting wood fascia, peeling paint, and exposed wiring. Despite the 'up to date' marketing description, the visible condition of the structure and systems suggests a need for a comprehensive rehab rather than minor updates.
Situated in the high-demand USC area, this duplex offers exceptional rental potential and consistent occupancy prospects for student or faculty housing.
Marketed as an 'up to date' and 'absolutely nice' property, it allows investors to generate immediate cash flow without the need for significant initial renovations.
The combination of a 3-bedroom and a 2-bedroom unit provides a flexible layout that appeals to a wide range of tenant profiles or owner-occupiers.
Built in 1908, the property's age may present long-term maintenance challenges related to century-old plumbing, electrical, or structural components.
The majority of the assigned public schools carry low performance ratings, which may limit the property's attractiveness to families prioritizing education.
UP TO DATE DUPLEX IN THE AREA OF USC UNIVERSITY. IT IS AN ABSOLUTELY NICE DUPLEX WITH ( 1 ) 3 BED 1 BA UNIT AND ( 1 ) 2 BED 1 BA UNIT, PROPERTY TO BE A 1031 EXCHANGE AT NO CHARGE TO NEW BUYER. FOR SALE SIGN GO UP THIS WEEK
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.7 mi
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 | 1,518 | 2,177 | 16% |
| Lot Size | 5,363 | 5,307 | 53% |
| Price | $800.0K | $772.5K | 53% |
| Price per sq ft | $527 | $351 | 84% |
| Built year | 1908 | 1922 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 207 | 3% |
Apr 29, 2026
$800,000
Initial Listing