
Los Angeles, California 90011
This Income-Generating Duplex is a strategic asset in the high-demand USC University area, listed at $850,000. Valued at a $767,210 Fair Market Value, the property provides a 3-bedroom unit and a 2-bedroom unit with significant rental upside. Boasting a City Lights View and a Condition Rating of 4, the structure is well-maintained near Nava College Preparatory Academy, offering clear value-add potential. With a complimentary 1031 exchange offer, this is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers.
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 | $463 | - |
A 1684 E Martin Luther King Jr Boulevard Sold | $665,000 | 5 | 2 | 1,544 | $431 | 0.3 mi |
B 1545 E 41st Sold | $840,000 | 4 | 3 | 1,974 | $426 | 0.2 mi |
C 1375 E 46th Street Sold | $815,000 | 0 | 0 | 1,803 | $452 | 0.4 mi |
D 1350 E 43rd Street Active | $665,000 List Price | 0 | 0 | 1,668 | $399 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1908, shows signs of being maintained and having undergone renovations, as indicated by the 'UP TO DATE DUPLEX' description. However, the provided images of the kitchen and bathroom reveal outdated styles and features, such as older white appliances, basic cabinetry, and tile work that appear to be from a renovation 15-30 years ago, rather than recent. The presence of a wall-mounted AC unit suggests a lack of modern central cooling/heating. While functional and clean, these elements do not meet current quality standards for a 'good' or 'excellent' rating. The property requires minor updates to align with contemporary aesthetics and functionality.
The property is a duplex with two distinct units (1x 3-bed/1-bath and 1x 2-bed/1-bath), providing immediate and diversified rental income potential for investors.
Located in the 'Area of USC University,' the property benefits from high rental demand from students, faculty, and staff, ensuring consistent occupancy and potentially strong rental yields.
The offer to facilitate a 1031 exchange at no charge to the new buyer presents a significant financial advantage for investors seeking to defer capital gains tax.
Built in 1908, the property is over a century old, which may lead to concerns about aging infrastructure (plumbing, electrical, foundation) and potential for costly, unforeseen repairs despite any recent updates.
Both the 3-bedroom and 2-bedroom units are equipped with only one bathroom, which could be inconvenient for multiple occupants and potentially limit tenant appeal or rental rates.
The property description is concise, lacking specific details on the extent of 'up to date' renovations, current rental income figures, operating expenses, or parking availability, necessitating extensive due diligence.
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 | 2,001 | 19% |
| Lot Size | 5,363 | 5,307 | 53% |
| Price | $800.0K | $747.5K | 63% |
| Price per sq ft | $527 | $380 | 78% |
| Built year | 1908 | 1912 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 157 | 209 | 22% |
Apr 9, 2026
$800,000
$850,000
-6% Price Drop
Initial Listing
Feb 28, 2026
$850,000
$875,000
-3% Price Drop
Initial Listing
Dec 15, 2025
$875,000
$900,000
-3% Price Drop
Initial Listing
Nov 16, 2025
$900,000
Initial Listing