
Los Angeles, California 90065
This Duplex Residential Income Asset is a Strong Value Opportunity, listed at $740,000—positioned well above the $688,685 Fair Market Value by -7%. While the property requires significant capital expenditure due to its Condition Rating of 5, the 1923 structure offers a versatile layout for rental income. Featuring a Hillside View and a Private Deck, this property is best suited for Buy-and-Hold Investors or Owner-Occupants capable of managing a comprehensive renovation to modernize the aging infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 456 Ulysses Street Subject | $740,000* List Price | 3 | 3 | 1,512 | $455 | - |
A 437 Isabel Sold | $650,000 | 0 | 0 | 1,754 | $371 | 0.2 mi |
B 3325 Merced Sold | $820,000 | 0 | 0 | 1,532 | $535 | 0.4 mi |
C 315 Isabel Street Active | $650,000 List Price | 0 | 0 | 1,536 | $423 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 (100+ years old) with no mention of recent renovations to kitchens, bathrooms, or critical systems like HVAC and electrical. The listing's emphasis on 'opportunity to make this home yours' is a standard industry indicator for a property requiring significant rehab. The exterior shows signs of age and deferred maintenance, suggesting the interior likely requires a full update to meet modern safety and functional standards.
Configured as a duplex with a 2-bedroom upper unit and a 1-bedroom lower unit, this property offers excellent versatility for rental income, multigenerational living, or an owner-occupant looking to offset mortgage costs.
Situated in a trendy corridor between Mount Washington and Highland Park, the home provides exceptional access to the Figueroa Street dining scene, local boutiques, and the Metro A Line for easy commuting.
Perched in the hills, the property benefits from natural hillside breezes and elevated views, offering a sense of privacy and a serene atmosphere while remaining close to urban amenities.
Built in 1923, the property likely requires updates to major systems and structural elements to meet modern standards, as suggested by the invitation for buyers to 'make this home yours.'
The modest 2,842-square-foot hillside lot provides very limited flat outdoor space, which may be a drawback for those seeking a traditional yard or significant room for outdoor entertaining.
Perched in the hills near Mount Washington, 456 Ulysses Street presents a rare opportunity to own a 3-bedroom, 3-bathroom in Northeast Los Angeles. The upper unit features 2 bedrooms and 2 bathrooms, while the lower unit offers 1 bedroom and 1 bathroom, providing flexibility for rental income, multigenerational living, or owner occupancy. Enjoy natural hillside breezes throughout the home and the opportunity to make this home yours. Located between Mount Washington, Cypress Park, and Highland Park, the property provides access to nearby restaurants, cafés, boutiques, and entertainment along the Figueroa Street corridor. Local destinations including For The Win, Hippo, HomeState, and Loquat Coffee are within reach, along with the Metro A Line. Spend your days exploring Northeast Los Angeles—from morning coffee at a neighborhood café to evenings dining along Figueroa Street, visiting local businesses, or catching a game at Dodger Stadium. With access to Downtown Los Angeles, Highland Park, Eagle Rock, and Pasadena, the location provides connectivity to surrounding communities. Whether you're looking to live in one unit while generating rental income from the other or add a duplex to your investment portfolio, 456 Ulysses Street offers a versatile property with multiple possibilities.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 5.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,512 | 2,250 |
| Lot Size | 2,842 | 5,864 |
| Price | $740.0K | $826.7K |
| Price per sq ft | $489 | $395 |
| Built year | 1923 | 1925 |
| HOA | $0 | $0 |
| Days on market | 9 | 83 |
Jul 13, 2026
$740,000
Initial Listing