
Los Angeles, California 90029
This Duplex Residential Income property is a High-Potential Investment Opportunity, listed at $999,000—positioned well below the $1,034,340 Fair Market Value by 3%. This valuation gap offers $35,340 in Instant Equity. Featuring a Mint Condition Rating with 2025/2018 renovations, modern kitchens, and a private deck, this asset provides immediate rental stability. Its prime location near major hospitals and Silver Lake ensures high demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4563-4565 Lexington Subject | $999,000* List Price | 0 | 0 | 1,600 | $646 | - |
A 1251 N Commonwealth Pending | $1,169,000 List Price | 4 | 3 | 1,750 | $668 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent significant renovations in 2018 and 2025, placing the most recent updates within the <5-year threshold. It features modern kitchens with updated appliances and countertops, new wood-style flooring, and updated HVAC systems, presenting in mint, move-in ready condition.
Ideally situated near Silver Lake, East Hollywood, and major hospitals, this property offers high rental demand and proximity to premier LA attractions and studios.
Extensively remodeled in 2018 and 2025, both units feature updated kitchens, wood-style flooring, and modern air conditioning, reducing immediate capital expenditure for buyers.
Rare for the area, the property includes a motorized electric gate and ample parking spaces, providing significant convenience and security for residents.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 1488.
The front unit is currently tenant-occupied, which may limit immediate owner-occupancy options and requires coordinated scheduling for showings.
There is a notable discrepancy between the floor plan (1,600 SF) and assessor records (1,488 SF), which could impact appraisal valuations and financing.
Investment or home opportunity! Great Duplex perfectly located close to Silver Lake, East Hollywood, Downtown LA and Echo Park. Remodeled/Updated 2025/2018. Back unit: 3 bedroom and 2 bathrooms approx. 1,000 SF; Front Unit: 1 bedroom 1 Bathroom, approx. 600 SF. Both units feature updated appliances, kitchen countertops, wood style floor and updated air conditioners. The property offers plenty parking spaces and motorized electric gate. Minutes away from three major hospitals. Surrounded by iconic LA attractions: Silver Lake, Griffith Park and premier studios. All information deemed reliable but not guaranteed. Buyer(s) and selling agent(s) are advised to verify all details to own satisfaction. Front unit occupied by Tenants. Show by appointment only. Please do not talk/disturb the Tenants. Building size: about 1600 SQFT by Floor Plan. 1488 SQFT by Assessor.
No exterior & parking available.
Grades K-2 • 0.1 mi
Grades K-6 • 0.3 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,600 | 2,250 |
| Lot Size | 6,002 | 5,864 |
| Price | $999.0K | $826.7K |
| Price per sq ft | $624 | $395 |
| Built year | 1925 | 1925 |
| HOA | $0 | $0 |
| Days on market | 43 | 83 |
Jun 9, 2026
$999,000
Initial Listing
Jan 7, 2019
$860,000
Public Record
Apr 16, 2018
$690,000
Public Record