447 W 67th, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Value-Add Quadruplex Asset is listed at a List Price of $675,000 relative to a $595,869 Fair Market Value. Carrying a Condition Rating of 5, the property is a major fixer-upper requiring significant capital expenditure to modernize its 1924 infrastructure and address deferred maintenance. However, the 5,195 SqFt Lot and four identical units offer a scalable template for high-yield rental income near the I-110 corridor within the Los Angeles Unified district. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to build equity through comprehensive renovation and forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 447 W 67th Subject | $675,000* List Price | 0 | 0 | 2,112 | $282 | - |
A 5875 S Flower Street Sold | $600,000 | 4 | 3 | 1,972 | $304 | 0.6 mi |
B 134 W 60th Street Sold | $500,000 | 0 | 0 | 1,629 | $307 | 0.6 mi |
C 217 E 77th Street Sold | $630,000 | 0 | 0 | 2,283 | $276 | 0.9 mi |
D 244 - 246 W 66th Street Active | $520,000 List Price | 0 | 0 | 1,860 | $280 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, this property is a major fixer-upper showing significant signs of neglect and deferred maintenance. Interior images reveal peeling paint, damaged and mismatched flooring, and heavily worn kitchens with outdated appliances. The exterior shows peeling siding and overgrown landscaping, and the listing explicitly notes that at least one unit requires significant work and rehabilitation.
As a quadruplex with four individual units, this property offers a strong foundation for generating consistent rental income and long-term passive cash flow in the Los Angeles market.
The property is ideally situated near major traffic corridors including the I-110, I-105, and I-10 freeways, providing excellent accessibility for tenants commuting across the city.
Each unit features a practical one-bedroom design with the added benefit of a dedicated laundry room that doubles as a pantry, maximizing utility and convenience for residents.
One unit is identified as a major fixer requiring significant work, and the overall property needs 'TLC,' which will necessitate immediate capital expenditure and construction management.
Originally built in 1924, the property likely features century-old systems and structural elements that may require costly modernizations to meet current building codes and tenant expectations.
The property is currently in 'Active Under Contract' status, meaning a buyer has already been selected, which limits the opportunity for new investors to secure the asset unless the current deal fails.
Beautiful quadruplex in Los Angeles . 4 units with identical floor plans each with 1 bed 1 bath along with a laundry room that can double as a pantry . This property is brimming . This is the perfect template to adapt to many styles . Flooded by natural light from all rooms on both sides of the units, it welcomes you and is a perfect place for many types of potential tenants . Excellent 4 unit residential income opportunity — ideal for generating future cash flow. Spacious front yard for pets and gatherings . Each window has stylish metal bars for tenant security . Near major traffic corridors such as the I-110, I-105, I-10 and many others . Lots of potential to generate passive income . It is beautiful blue and matches the sky . The smallest TLC makes the biggest difference .Opportunities like this don't last long! Great price per unit . One unit needs significant work, major fixer opportunity !
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 | 2,112 | 1,907 | 51% |
| Lot Size | 5,195 | 5,195 | 50% |
| Price | $675.0K | $760.0K | 29% |
| Price per sq ft | $320 | $360 | 31% |
| Built year | 1924 | 1925 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 212 | 212 | 51% |
Dec 11, 2025
$675,000
$795,000
-15% Price Drop
Initial Listing
Sep 22, 2025
$795,000
Initial Listing