
Los Angeles, California 90037
This Duplex Residential Income property represents a Strong Value Opportunity, listed at $999,000—positioned well below the $1,018,261 Fair Market Value by 2%. This valuation gap offers $19,261 in Instant Equity. Featuring a Condition Rating of 2, the property includes modern kitchen finishes and new HVAC systems. With separate utility metering and a dual-structure configuration, it provides significant operational efficiency. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 433 W 55th Subject | $999,000* List Price | 5 | 3 | 1,928 | $528 | - |
A 326 -328 W 47th Sold | $925,000 | 0 | 0 | 1,738 | $532 | 0.6 mi |
B 420 W 53rd Pending | $939,900 List Price | 0 | 0 | 1,893 | $497 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1908, the property has undergone a comprehensive recent renovation (likely within the last 5 years). The interior features a modern kitchen with white shaker cabinets, quartz countertops, and stainless steel appliances, along with updated flooring, recessed lighting, and new mini-split HVAC systems, making it move-in ready with no immediate maintenance needed.
The property features two separate structures on a single lot, offering superior privacy for tenants and flexibility for owner-occupants compared to traditional attached duplexes.
Each unit is equipped with its own individual gas, electric, and water meters, which minimizes landlord overhead and simplifies utility management for investors.
Situated with convenient access to Downtown Los Angeles, major freeways, and public transportation, the property is well-positioned to maintain high rental demand.
Built in 1908, the property may require significant capital expenditure for repairs or modernization of aging infrastructure such as plumbing, electrical, and foundation systems.
With only three bedrooms total across two units at a near-million dollar price point, the property may face challenges in achieving a high cap rate relative to the initial investment.
2 Units! This is an excellent duplex opportunity in South Los Angeles featuring two separate structures on a spacious lot. Both units provide flexibility for owner-occupants or investors. This property offers approximately 2,000 square feet of living space across a 5,400-square-foot lot. Each unit has separate gas, electric, and water meters, and ample driveway parking. Conveniently located near schools, shopping, public transportation, major freeways, and DTLA. Don't miss out on this opportunity to generate rental income or live in one unit while renting the other.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,928 | 2,187.451 |
| Lot Size | 5,406 | 5,841.385 |
| Price | $999.0K | $841.5K |
| Price per sq ft | $518 | $385 |
| Built year | 1908 | 1928 |
| HOA | $0 | $0 |
| Days on market | 30 | 85 |
Aug 10, 2026
$999,000
Initial Listing
May 6, 2016
$440,000
Public Record
Apr 2, 2015
$271,500
Public Record