451 S Lorena, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath
451 S Lorena
Los Angeles, California 90063
Property Price
SUMMARY
Analysis of 451 S Lorena, Los Angeles, California 90063 is currently available with a list price of $575,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1924, this property is explicitly described as a 'heavy rehab project' with three out of four units requiring 'substantial rehabilitation prior to occupancy.' Images confirm this, showing exposed studs, dilapidated kitchens with missing appliances and severely outdated fixtures, and bathrooms that are either stripped or in extreme disrepair with visible mold/mildew. While the tenant-occupied unit appears livable, its kitchen and bathroom are very dated with old cabinets, countertops, and fixtures, and the overall property condition is dominated by the extensive repairs needed for the vacant units. The property is sold 'as-is, where-is,' indicating significant defects and a need for major system replacements and structural attention.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Property
This quadruplex offers a significant opportunity for multiple income streams, appealing directly to investors seeking diversified rental revenue.
- Value-Add Potential
Explicitly described as a 'value-add' property, it presents a clear path for investors to increase equity and rental income through strategic renovations.
- Strong Rental Market
Located in Boyle Heights, a market noted for its strong rental demand, ensuring a robust tenant pool post-rehabilitation.
CONSRISKS & DEFICIENCIES
- Substantial Rehabilitation Required
Three units demand 'substantial rehabilitation,' implying significant capital expenditure, time commitment, and project management for the investor.
- Sold 'As-Is, Where-Is'
The property is offered without warranties, transferring all responsibility for its current condition and any necessary repairs or upgrades to the buyer.
- Aged Property
Built in 1924, the property is likely to have outdated systems and potential structural issues, which could lead to unforeseen costs and complexities during renovation.
About 451 S Lorena
Value-add 4-unit property in Boyle Heights. Front unit is tenant-occupied; three rear units are vacant and require substantial rehabilitation prior to occupancy. Ideal for investors seeking a heavy rehab project in a strong rental market. Property sold as-is, where-is, with no warranties as to condition or future use.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1924
- Lot Size
- 4,653 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Euclid Avenue Elementary School
Grades K-5 • 0.5 mi
Lorena Street Elementary School
Grades K-5 • 0.6 mi
First Street Elementary School
Grades K-6 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,719 | 2,150 | 76% |
| Lot Size | 4,653 | 5,661 | 38% |
| Price | $575.0K | $750.0K | 24% |
| Price per sq ft | $211 | $384 | 10% |
| Built year | 1924 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 212 | 5% |
Pricing History
Listed for Sale
Feb 3, 2026
$575,000
Initial Listing