
Los Angeles, California 90063
This Turnkey Duplex represents a Strong Value Opportunity, listed at $875,000—positioned slightly above the $848,720 Fair Market Value. Despite the premium, the property’s Mint Condition Rating and complete high-end renovation eliminate immediate capital expenditure. Featuring scenic mountain views and a strategic location near Cal State LA, this asset offers significant income versatility. It is an ideal acquisition for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants looking to offset mortgage costs through rental income in a high-demand urban market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4317 Milburn Subject 0 bd · 0 ba · 1,534 sqft · $553 | $875,000* List Price | 0 | 0 | 1,534 | $553 | - |
A 1074 N Bonnie Beach Place Sold 0 bd · 0 ba · 1,352 sqft · $499 · 0.6 mi | $675,000 | 0 | 0 | 1,352 | $499 | 0.6 mi |
B 930 N Eastman Sold 0 bd · 0 ba · 1,788 sqft · $576 · 0.9 mi | $1,030,000 | 0 | 0 | 1,788 | $576 | 0.9 mi |
C 1258 N Ditman Sold 0 bd · 0 ba · 1,310 sqft · $595 · 0.9 mi | $780,000 | 0 | 0 | 1,310 | $595 | 0.9 mi |
D 1226 Van Pelt Avenue Active 0 bd · 0 ba · 1,652 sqft · $545 · 0.2 mi | $900,000 List Price | 0 | 0 | 1,652 | $545 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete high-end renovation within the last 5 years, featuring a modern kitchen with stainless steel appliances, updated bathrooms with contemporary fixtures, new flooring, and updated electrical systems, making it a turnkey, mint-condition duplex.
The property has been completely renovated and is move-in ready, minimizing immediate capital expenditure for repairs or upgrades for both investors and owner-occupants.
As a duplex, this property offers the flexibility to be an owner-occupied residence with rental income to offset the mortgage or a pure investment for cash flow.
Situated in City Terrace near Cal State LA and Downtown Los Angeles, the property benefits from high rental demand and scenic views of the surrounding area.
Originally constructed in 1928, the property may have aging infrastructure or structural elements typical of older homes that require ongoing maintenance despite recent renovations.
With a lot size of 4,180 square feet shared between two units, outdoor living space and private parking options may be constrained for residents.
Turnkey Investment Opportunity in City Terrace! Discover this beautifully renovated two-unit property offering the perfect combination of modern living, versatility, and income potential! Completely renovated and move-in ready, this property is ideal for an owner-occupant looking to live in one unit while generating rental income from the other, or a savvy investor seeking a fantastic cash-flow opportunity. Enjoy beautiful views and a convenient location just minutes from Cal State LA, major freeways, public transportation, Downtown Los Angeles, and all that the city has to offer. Whether you're looking to offset your mortgage with rental income or expand your real estate portfolio, this property offers endless possibilities. Two units, one incredible opportunity—don't miss out!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,534 | 2,090.331 |
| Lot Size | 4,180 | 5,852.908 |
| Price | $875.0K | $830.9K |
| Price per sq ft | $570 | $394 |
| Built year | 1928 | 1928 |
| HOA | $0 | $0 |
| Days on market | 6 | 87 |
Nov 3, 2026
$875,000
Initial Listing
Mar 30, 2021
$825,000
Public Record
Feb 26, 2020
$562,000
Public Record