440 N Ezra, Los Angeles, California 90063, Los Angeles, 90063 - 4 bed, 2 bath
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440 N Ezra
Los Angeles, California 90063
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
2Baths
1,556Sq Ft
4,639Lot Size
Property Price
LIST PRICE$729,000
EST. MARKET VALUE
$780,000
6% BelowMARKET VALUE
SUMMARY
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $780,000—positioned well below the $817,441 Fair Market Value by 4%. This valuation gap provides $37,441 in Instant Equity. With a Condition Rating of 4, the property offers immediate rental income potential from the vacant 3-bedroom unit and rear 1-bedroom unit. Featuring a finished storage structure and panoramic skyline views, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$780,000+$51,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 440 N Ezra Subject | $729,000* List Price | 4 | 2 | 1,556 | $501 | - |
A 415 Euclid Avenue Sold | $565,000 | 0 | 0 | 1,447 | $390 | 0.7 mi |
B 3330 Gleason Sold | $695,000 | 0 | 0 | 1,300 | $535 | 0.4 mi |
C 1258 N Ditman Sold | $780,000 | 0 | 0 | 1,310 | $595 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1927, this property is significantly dated. While the interior has been painted and is functional for immediate occupancy, the parquet flooring, wood paneling, and kitchen cabinetry appear to be over 20 years old. The exterior storage and patio areas show signs of deferred maintenance, and the age of the structure suggests that systems likely require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
This duplex features a vacant 3-bedroom front home and a 1-bedroom rear unit, offering immediate rental income or a perfect setup for owner-occupants seeking to offset their mortgage.
- Versatile Finished Structure
The property includes a large, finished storage structure with electricity, providing valuable additional space for a home office, workshop, or creative studio.
- Strategic Location & Views
Situated in the high-demand 90063 zip code with views of the canyon and hills, the property offers excellent proximity to Downtown Los Angeles and major transit corridors.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1927, the property may require significant capital expenditures for modernizing systems or addressing deferred maintenance typical of homes from this era.
- Permitting Verification
The finished storage structure's utility is subject to buyer verification of permits, which may limit its official use or impact future appraisal value.
About 440 N Ezra
?? Great Investment Opportunity in East Los Angeles (90063)! Welcome to this versatile duplex w/ 3rd Powered & Finished Structure in the heart of East Los Angeles, offering an outstanding opportunity for investors, owner-occupants, or multi-generational living. The front home features 3 spacious bedrooms and 1 bathroom and is vacant, making it easy to show and ready for immediate occupancy or your next tenant. The rear unit offers 1 bedroom, 1 bathroom, and a full kitchen, providing excellent rental income potential or comfortable accommodations for extended family. Backyard also features a carport or covered patio that's also powered - great for hosting. Adding even more value is a large finished storage structure complete with electricity and finished interior and exterior—ideal for a workshop, hobby space, office, or additional storage (buyer to verify permitted use). The property also includes a covered patio/carport, offering convenient covered parking and outdoor entertaining space. Located in the desirable 90063 zip code with convenient access to Downtown Los Angeles, major freeways, shopping, dining, schools, and public transportation, this property combines flexibility, income potential, and convenience. Whether you’re looking to live in one unit while generating rental income from the other or expand your investment portfolio, this East Los Angeles duplex is an opportunity you won’t want to miss. Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1927
- Lot Size
- 4,639 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Malabar Street Elementary School
Grades K-6 • 0.2 mi
4/10
First Street Elementary School
Grades K-6 • 0.5 mi
2/10
Belvedere Elementary School
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,556 | 2,187.451 |
| Lot Size | 4,639 | 5,841.385 |
| Price | $729.0K | $841.5K |
| Price per sq ft | $469 | $385 |
| Built year | 1927 | 1928 |
| HOA | $0 | $0 |
| Days on market | 39 | 85 |
Pricing History
Listed for Sale
Aug 15, 2026
$729,000
$780,000
-7% Price Drop
Initial Listing
Price Change
Aug 1, 2026
$780,000
Initial Listing