439 W 76th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE UNDER CONTRACT$599,999$1,412/sqft
439 W 76th Street, Los Angeles, California 90003
0Bed
0Bath
1,412Sqft
4,758Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Producing Duplex: This property is a well-laid-out duplex with two separate 2-bed/1-bath units, presenting an excellent investment opportunity for an owner-occupant to offset their mortgage or a savvy investor seeking strong rental demand in a high-growth area.
Top Cons:
Age and Potential for Updates: Built in 1916, the property is over a century old, which may indicate a need for significant updates to its core systems (plumbing, electrical) and overall aesthetics to meet modern standards and maximize rental potential.
Compared to the nearby listings
Price:$600.0K vs avg $725.0K ($-125,001)29%
Size:1,412 sqft vs avg 1,680 sqft18%
Price/sqft:$425 vs avg $38867%
More Insights
Built in 1916 (110 years old).
Condition: Built in 1916, this property is over a century old and shows significant signs of age and deferred maintenance. Both kitchens and bathrooms are very dated, requiring substantial renovation. One kitchen features older wood cabinets and appliances, while the other has slightly newer dark cabinets and a stainless fridge but still lacks modern appeal and functionality (e.g., portable washer in kitchen). Both bathrooms have outdated tile work, vanities, and fixtures, necessitating full remodels. The property lacks central air conditioning, relying on window units, and the exterior shows wear and tear. While livable, it requires extensive rehabilitation to meet current quality and aesthetic standards.
Year Built
1916
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$425
HOA
-
Days on market
-
Sold On
-
MLS number
CV25173156
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights
About this home
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.
J
Joel Valdiviez
Listing Agent
Price History
Date
Event
Price
08/01/02
Sold
$157,500
Condition Rating
Poor
Built in 1916, this property is over a century old and shows significant signs of age and deferred maintenance. Both kitchens and bathrooms are very dated, requiring substantial renovation. One kitchen features older wood cabinets and appliances, while the other has slightly newer dark cabinets and a stainless fridge but still lacks modern appeal and functionality (e.g., portable washer in kitchen). Both bathrooms have outdated tile work, vanities, and fixtures, necessitating full remodels. The property lacks central air conditioning, relying on window units, and the exterior shows wear and tear. While livable, it requires extensive rehabilitation to meet current quality and aesthetic standards.
Pros & Cons
Pros
Income-Producing Duplex: This property is a well-laid-out duplex with two separate 2-bed/1-bath units, presenting an excellent investment opportunity for an owner-occupant to offset their mortgage or a savvy investor seeking strong rental demand in a high-growth area.
ADU Conversion Potential: The detached garage offers significant potential for conversion into an Accessory Dwelling Unit (ADU), which could substantially increase rental income and overall property value.
Independent Utility Management: Each unit is equipped with its own gas and electric meter, simplifying utility management and billing for tenants, which is a desirable feature for both landlords and renters.
Strategic Los Angeles Location: Situated in the heart of Los Angeles, the property benefits from a prime location just minutes from major freeways, schools, and local amenities, ensuring convenience and tenant appeal.
Desirable City Lights View: The property boasts a 'City Lights' view, adding an aesthetic appeal and potentially enhancing its marketability and value.
Cons
Age and Potential for Updates: Built in 1916, the property is over a century old, which may indicate a need for significant updates to its core systems (plumbing, electrical) and overall aesthetics to meet modern standards and maximize rental potential.
Unspecified Interior Condition & Renovation Needs: While described as having a 'solid foundation,' the listing does not detail recent interior renovations or modern amenities, suggesting that a new owner may need to invest in significant upgrades to kitchens, bathrooms, and finishes to attract higher-paying tenants.
Limited Unit Living Space: With a total of 1,412 sq ft for two 2-bedroom units, each unit offers approximately 706 sq ft, which is relatively compact for a 2-bedroom layout and could limit the tenant pool or rental rates compared to larger units.