
Los Angeles, California 90022
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $710,000—positioned well below the $712,731 Fair Market Value by 0.38%. Featuring a 5-Condition Rating, the property offers $2,731 in Instant Equity. The 7,003 sq. ft. lot provides significant ADU/JADU development potential, while the vacant storefront unit serves as a blank canvas for renovation. This asset is ideal for Buy-and-Hold Investors or Contractors seeking to maximize rental income in a high-demand East Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 435 S Mcdonnell Subject | $710,000* List Price | 5 | 3 | 2,012 | $354 | - |
A 640 S Mcbride Sold | $675,000 | 0 | 0 | 2,052 | $329 | 0.3 mi |
B 4766 Hammel Sold | $795,000 | 0 | 0 | 1,904 | $418 | 0.8 mi |
C 4616 Hammel Sold | $725,000 | 0 | 0 | 2,116 | $343 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this property is a 'value-add' fixer that fails to qualify for FHA financing due to the condition of Unit 2, which is currently used for storage and described as a 'blank canvas.' While Unit 1 is occupied, interior photos show dated systems (window AC) and finishes (popcorn ceilings). The property requires significant rehab and is being sold as-is.
The property features a generous 7,003 sq. ft. lot with potential for ADU and JADU additions, alongside a vacant 812 sq. ft. unit that serves as a blank canvas for renovation.
Centrally located in the heart of East Los Angeles, this duplex offers excellent proximity to major freeways, public transit, and local amenities, ensuring strong long-term rental demand.
With a 3-bedroom main unit and a separate former storefront, the property provides a unique configuration ideal for investors seeking diverse revenue streams or owner-users looking for a live-work setup.
The property will not qualify for FHA financing due to the 'true fixer' condition of Unit 2, limiting the buyer pool to cash investors or those with specialized renovation loans.
The seller will not provide any repairs or credits, and with Unit 1 being sold tenant-occupied, buyers face immediate management responsibilities and necessary capital expenditures for Unit 2.
*DUPLEX IN THE HEART OF EAST LOS ANGELES – VALUE-ADD OPPORTUNITY!* Excellent opportunity for an investor, contractor, or owner-user! Unit 1 offers approximately 1,200 sq. ft. with 3 bedrooms, 1.5 baths, laundry room, and a detached 2-car garage. Unit 1 will be sold tenant occupied. Unit 2 is approximately 812 sq. ft., was formerly used as a storefront and is currently used for storage. It will be delivered empty at close of escrow, creating a rare blank canvas for a buyer ready to reimagine the space. Unit 2 is a true fixer with tremendous potential. The property may also offer potential for an ADU and JADU in the rear, providing an opportunity to maximize the lot and potentially create additional living space or rental income, subject to applicable approvals. Property will NOT qualify for FHA due to Unit 2 condition. Conveniently located in the heart of East L.A. near shopping, dining, transportation and major freeways. **PROPERTY SOLD AS-IS. Seller will not make repairs or provide credits for repairs. Buyer to independently verify all information, including square footage, bedroom/bath count, current and prior uses, permits, zoning, ADU/JADU feasibility and development potential with the appropriate governmental agencies. *DO NOT DISTURB OCCUPANTS. BY APPOINTMENT ONLY! INTERESTED BUYERS MUST BE PRE-APPROVED PRIOR TO SCHEDULING AN APPOINTMENT.*
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 | 2,012 | 2,187.451 |
| Lot Size | 7,003 | 5,841.385 |
| Price | $710.0K | $841.5K |
| Price per sq ft | $353 | $385 |
| Built year | 1930 | 1928 |
| HOA | $0 | $0 |
| Days on market | 8 | 85 |
Sep 1, 2026
$710,000
Initial Listing