433 W Century, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

433 W Century, Los Angeles, California 90003 home-pic-0
ACTIVE UNDER CONTRACT$675,000
433 W Century, Los Angeles, California 90003
0Bed
0Bath
1,640Sqft
4,661Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: The property is a duplex, offering dual income streams perfect for an owner-user looking to offset mortgage costs or an investor seeking steady rental income.
Top Cons:
Property Age: Built in 1930, the property is nearly a century old, suggesting potential for aging infrastructure, systems, and deferred maintenance, especially in the un-updated unit.

Compared to the nearby listings

Price:$675.0K vs avg $735.0K ($-60,000)36%
Size:1,640 sqft vs avg 1,783 sqft43%
Price/sqft:$412 vs avg $37560%

More Insights

Built in 1930 (95 years old).
Condition: The property, built in 1930, is a duplex where one unit has been completely updated with new laminate flooring, fresh paint, an upgraded bathroom (new vanity, toilet, modern tile), and a modern kitchen (new white shaker cabinets, countertops, stainless steel appliances). This updated unit is move-in ready and presents in excellent condition. While the second unit is not shown and is implied to be un-updated, and the exterior and common areas show signs of age, the extensive renovation of one entire unit significantly elevates the overall property condition. This aligns with the 'Good' criteria of being move-in ready for at least one unit, having significant recent updates to components, and not having undergone a full recent renovation across the entire property.
Year Built
1930
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$412
HOA
-
Days on market
-
Sold On
-
MLS number
DW25264845
Home ConditionGood
Features
View-

About this home

Great opportunity to own a duplex in the City of Los Angeles! Each unit features 3 bedrooms and 1 bathroom. —perfect for an owner-user or investor—while the other provides steady rental income. One unit has been completely updated with fresh interior paint, new laminate flooring, an upgraded bathroom, new interior doors, and window blinds. Situated on a large lot with plenty of possibilities (buyer to verify with the city). Conveniently located near major landmarks such as Sofi Stadium, Kia Forum, Intuit Dome, LAX, and Downtown LA.

Price History

Date
Event
Price
06/30/06
Sold
$600,000
03/29/06
Sold
$370,000
01/11/06
Sold
$100,000
04/04/03
Sold
$178,000
Condition Rating
Good

The property, built in 1930, is a duplex where one unit has been completely updated with new laminate flooring, fresh paint, an upgraded bathroom (new vanity, toilet, modern tile), and a modern kitchen (new white shaker cabinets, countertops, stainless steel appliances). This updated unit is move-in ready and presents in excellent condition. While the second unit is not shown and is implied to be un-updated, and the exterior and common areas show signs of age, the extensive renovation of one entire unit significantly elevates the overall property condition. This aligns with the 'Good' criteria of being move-in ready for at least one unit, having significant recent updates to components, and not having undergone a full recent renovation across the entire property.
Pros & Cons

Pros

Income-Generating Duplex: The property is a duplex, offering dual income streams perfect for an owner-user looking to offset mortgage costs or an investor seeking steady rental income.
Strategic Location: Conveniently located near major landmarks such as SoFi Stadium, Kia Forum, Intuit Dome, LAX, and Downtown LA, enhancing rental demand and potential for appreciation.
Renovated Unit: One unit has been completely updated with fresh interior paint, new laminate flooring, an upgraded bathroom, new interior doors, and window blinds, making it move-in ready.
Versatile Lot Size: Situated on a large 4661 sqft lot with plenty of possibilities, offering potential for expansion, an Accessory Dwelling Unit (ADU), or enhanced outdoor living space.
Desirable Unit Configuration: Each unit features 3 bedrooms and 1 bathroom, a practical and sought-after layout for families or multiple tenants, maximizing rental appeal.

Cons

Property Age: Built in 1930, the property is nearly a century old, suggesting potential for aging infrastructure, systems, and deferred maintenance, especially in the un-updated unit.
Uneven Unit Condition: While one unit is updated, the other unit's condition is not specified as updated, implying it may require significant renovation to match the renovated unit's appeal and maximize rental income.
Unverified Lot Potential: The description notes 'plenty of possibilities (buyer to verify with the city)' regarding the large lot, indicating potential complexities, costs, or restrictions in realizing development or expansion opportunities.

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