
Los Angeles, California 90011
This Turnkey Income-Generating Duplex is listed at $850,000, representing a high-quality asset with an Excellent Condition Rating following an extensive renovation. Positioned near the $777,799 Fair Market Value, the valuation reflects the significant value-add of new quartz kitchens, LVP flooring, and updated systems. The property’s rare 8-car parking capacity and proximity to Downtown L.A. drive robust market demand, as evidenced by its current Pending status. This move-in-ready asset is an ideal match for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a low-maintenance, dual-income stream.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4457 Mettler Street Subject | $797,777* List Price | 0 | 0 | 1,437 | $530 | - |
A 1033 E 57th Sold | $770,000 | 4 | 2 | 1,408 | $547 | 0.9 mi |
B 1257 E 51st Sold | $670,000 | 0 | 0 | 1,256 | $533 | 0.9 mi |
C 4065 Wall Sold | $875,000 | 5 | 2 | 1,892 | $462 | 0.6 mi |
D 4014 Mckinley Avenue Active | $999,000 List Price | 0 | 0 | 1,536 | $650 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1921, the property has undergone a very recent and extensive renovation. The images showcase two distinct kitchens, both featuring new white shaker cabinets, modern countertops (one dark, one white marble-look quartz with backsplash), and new sinks/faucets. The bathroom is completely updated with new tile, vanity, and fixtures. New LVP flooring and fresh paint are visible throughout, along with modern ceiling fans. All visible components appear new or virtually new, indicating a comprehensive renovation within the last 5 years, bringing it to current quality standards.
The property features two units, offering the flexibility for an owner-occupant to live in one and rent the other, or for an investor to generate dual rental income, a highly desirable asset in the Los Angeles market.
A long driveway providing parking for 8 or more cars is a significant and rare advantage in a dense urban area like Los Angeles, adding considerable value and convenience for tenants or residents.
Located in Los Angeles, CA, within the 'C42 - Downtown L.A.' MLS area, the property benefits from its urban setting, offering access to amenities, employment centers, and potential for long-term appreciation.
The property was recently sold within the past year on 2025-02-25. The sold price is $533,000.00.
Built in 1921, the property is over a century old, which typically implies a need for significant updates to major systems (plumbing, electrical, HVAC) and potential for deferred maintenance, lead paint, or asbestos concerns.
The property description is very brief, lacking specifics on interior condition, number of bedrooms/bathrooms per unit, or recent renovations, which could suggest a need for substantial buyer investment in upgrades.
Back on the Market, Buyers did not Perform ,Beautiful 2 Remodeled units in a great area, live in one and rent the other, long driveway and parking for 8 or more cars,
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
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 | 1,437 | 2,001 | 16% |
| Lot Size | 5,802 | 5,307 | 69% |
| Price | $797.8K | $747.5K | 63% |
| Price per sq ft | $555 | $380 | 88% |
| Built year | 1921 | 1913 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 209 | 13% |
Apr 19, 2026
$797,777
$850,000
-6% Price Drop
Initial Listing
Jan 28, 2026
$850,000
Initial Listing
Feb 25, 2025
$533,000
Public Record