
Los Angeles, California 90019
This Multifamily Residential Income property is a Strong Value Opportunity, listed at $1,139,000—positioned well below the $1,151,903 Fair Market Value by 1%. This valuation gap offers $12,903 in Instant Equity. Featuring a Move-in Ready Condition Rating, the property includes modernized copper plumbing, dual-pane windows, and Pre-approved ADU Plans. This asset balances immediate rental income with long-term growth, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4533 Saturn Subject | $1,139,000* List Price | 0 | 0 | 2,512 | $459 | - |
A 1276 S Plymouth Active | $1,399,000 List Price | 0 | 0 | 2,924 | $478 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1923, the property has undergone recent high-quality renovations including a sleek updated kitchen, brand-new laminate flooring, and energy-saving dual-pane windows. Critical systems have been modernized with copper plumbing and ABS sewer lines, meeting the criteria for a move-in ready home with no immediate maintenance needed.
The vacant 3-bedroom owner's unit allows for immediate move-in, while the additional 2-bedroom and studio units provide instant rental income to significantly offset mortgage costs.
The property comes with pre-approved plans for two Accessory Dwelling Units (ADUs), offering a rare and streamlined opportunity to increase density and maximize long-term cash flow.
Extensive upgrades including copper plumbing, ABS sewer lines, dual-pane windows, and new laminate flooring mitigate the maintenance risks typically associated with a 1920s-era property.
The presence of a long-term tenant in the 2-bedroom unit may limit the owner's ability to immediately adjust rents to market rates or perform comprehensive renovations on that specific unit.
Despite modern updates, the 1923 Spanish-style construction may still possess inherent era-specific limitations such as smaller closet spaces and compact bathroom layouts compared to contemporary builds.
Discover a standout opportunity in the heart of Los Angeles: this VACANT, move-in-ready Spanish-style multifamily property lets you settle into a generous 3-bedroom owner’s unit while tenants help offset your mortgage from day one. Perfect for an owner-occupier who wants the comfort of a real home paired with instant rental income from two additional units. The owner’s residence feels warm and welcoming, featuring an open-concept design, a sleek updated kitchen, three good-sized bedrooms, a full bath, and a convenient powder room for visitors. You’ll also enjoy private use of the two-car garage. The income side delivers steady cash flow immediately: A well-kept 2-bedroom unit with a reliable, long-term tenant already in place. A private studio tucked away with its own full bath, kitchenette, and separate rear entrance for maximum seclusion. Recent upgrades boost both comfort and appeal: brand-new laminate flooring throughout, energy-saving dual-pane windows, modernized copper plumbing, ABS sewer lines, and low-maintenance artificial turf that cuts down on water bills and yard work. Extra conveniences include two additional parking spaces in the rear, providing easy off-street parking for all residents. Looking ahead, the property comes with pre-approved plans for two Accessory Dwelling Units (ADUs)—unlocking future options to boost rental income, house extended family, or customize your living setup even further. This rare combination of lifestyle, income, and growth potential won’t last long!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,512 | 2,250 |
| Lot Size | 7,002 | 5,864 |
| Price | $1.14M | $826.7K |
| Price per sq ft | $453 | $395 |
| Built year | 1923 | 1925 |
| HOA | $0 | $0 |
| Days on market | 16 | 83 |
Jul 7, 2026
$1,139,000
Initial Listing
May 30, 2013
$385,000
Public Record