439 W 76th Street, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Income-Producing Duplex is a strategic Value-Add Asset listed at $599,999, positioned accurately at its $599,999 Fair Market Value. Currently maintaining a Fair Condition Rating, the property features two 2-bedroom, 1-bathroom units and a detached garage offering significant ADU Conversion Potential for forced appreciation. With individual utility meters and laundry hookups already in place, the asset is designed for streamlined management and optimized cash flow. Boasting a City Lights view in a high-growth corridor, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 439 W 76th Street Subject | $599,999* List Price | 0 | 0 | 1,412 | $425 | - |
A 146 83rd Street Sold | $760,000 | 0 | 0 | 1,800 | $422 | 0.8 mi |
B 112 W 62nd Street Sold | $680,000 | 0 | 0 | 1,364 | $499 | 1.0 mi |
C 151 E 67th Street Sold | $485,000 | 0 | 0 | 1,471 | $330 | 0.8 mi |
D 138 W Gage Avenue Sold | $755,000 | 0 | 0 | 1,680 | $449 | 0.9 mi |
E 339 W 76th Active | $606,000 List Price | 0 | 0 | 1,462 | $415 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1916, is over a century old. While functional, the exterior shows significant wear and peeling paint. The interior features ceramic tile flooring throughout. Both kitchens and bathrooms are dated; one kitchen has some newer appliances (fridge, range hood) but older cabinets and countertops, while the other appears more significantly outdated with older appliances and cabinets. Bathrooms feature older vanities and tiling styles. The presence of window AC units indicates a lack of central cooling/heating. The home is aged but maintained, requiring minor to moderate updates to modernize and enhance its appeal and efficiency, aligning with the 'Fair' condition criteria.
The property features two separate 2-bedroom, 1-bathroom units, providing immediate rental income potential for investors or owner-occupants looking to offset mortgage costs.
A detached garage offers a significant opportunity to be converted into an Accessory Dwelling Unit (ADU), which could substantially increase rental income and overall property value.
Each unit is equipped with its own gas and electric meter, simplifying tenant utility management and billing, along with convenient laundry hookups.
Built in 1916, the property is over a century old, which may indicate a need for significant capital expenditures for system updates, structural maintenance, or modernization to meet current standards.
While described as having a 'solid foundation,' the listing does not detail recent major renovations, suggesting potential for deferred maintenance or outdated finishes that may require investment.
With 1,412 sq ft divided into two 2-bedroom units (approximately 706 sq ft each), the individual units are relatively compact, which might limit appeal to certain tenant demographics or command lower rental rates compared to larger units.
Discover an excellent investment opportunity in the heart of Los Angeles with this well-laid-out duplex featuring two separate units, each offering 2 bedrooms and 1 bathroom. With a total of 1,412 sq ft of living space, this income-producing property is ideal for an owner-occupant looking to offset their mortgage or a savvy investor seeking strong rental demand in a high-growth area. Sitting on a 4,758 sq ft lot, the property also includes a detached garage that provides off-street parking or the potential to be converted into an ADU for added income. Each unit has its own gas and electric meter, and there are laundry hookups available, making it easy to manage tenants and utilities. Located just minutes from major freeways, schools, and local amenities, this duplex offers a solid foundation with room to add value over time. Whether you're expanding your portfolio or getting started in real estate, this property delivers flexibility, potential, and location all in one.
No exterior & parking available.
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 | 1,412 | 1,907 | 14% |
| Lot Size | 4,758 | 5,200 | 16% |
| Price | $600.0K | $755.0K | 23% |
| Price per sq ft | $425 | $360 | 72% |
| Built year | 1916 | 1924 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 273 | 200 | 72% |
Aug 1, 2025
$599,999
Initial Listing
Aug 1, 2002
$157,500
Public Record