457 N Fresno, Los Angeles, California 90063, Los Angeles, 90063 - 6 bed, 4 bath
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457 N Fresno
Los Angeles, California 90063
ACTIVE UNDER CONTRACT
CONDITION: GOOD
6Beds
4Baths
2,528Sq Ft
5,750Lot Size
Property Price
LIST PRICE$875,000
EST. MARKET VALUE
$898,472
SUMMARY
This Rare Vacant Duplex represents a Prime Investment Opportunity, listed at $875,000—positioned well below the $898,473 Fair Market Value by 2%. This valuation gap offers $23,473 in Instant Equity. Featuring two 3-bedroom, 2-bathroom units in Condition Rating 3, the property provides immediate rental flexibility or owner-occupancy potential. With a spacious corner lot, detached garage, and private parking, it is an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property in Boyle Heights.
Estimated Market Value
$898,472
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 457 N Fresno Subject | $875,000* List Price | 6 | 4 | 2,528 | $355 | - |
A 322 N Ditman Sold | $950,000 | 0 | 0 | 2,694 | $353 | 0.4 mi |
B 3538 City Terrace Drive Sold | $1,087,000 | 0 | 0 | 2,784 | $390 | 0.8 mi |
C 3411 E 2nd St Active | $850,000 List Price | 0 | 0 | 2,518 | $338 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1922, the property has been well-maintained and updated, fitting the 5-15 year renovation window. Interior photos show updated walk-in tile showers, modern laminate flooring, and clean paint. The listing describes the units as 'turnkey' and 'move-in ready' with separately metered gas and electric, indicating functional systems and a lack of immediate major maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- Fully Vacant Delivery
Both units are delivered vacant at the close of escrow, a rare and highly desirable feature in Los Angeles that allows for immediate market-rate rent setting or seamless owner-occupancy.
- High-Value Unit Configuration
The property features two large 3-bedroom, 2-bathroom units with separate meters, offering superior rental income potential and flexibility for multi-generational living compared to standard smaller duplexes.
- Exceptional Parking and Lot Utility
Situated on a spacious corner lot, the property provides a detached garage, a long private driveway, and a large backyard parking area, solving the common neighborhood challenge of limited off-street parking.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
- Century-Old Structure
Built in 1922, the property may have underlying maintenance requirements or aging infrastructure typical of 100-year-old buildings that could necessitate future capital expenditures.
- Low-Rated Local Schools
The majority of the assigned elementary and middle schools carry low performance ratings (2 to 4 out of 10), which may impact the property's appeal to education-focused long-term tenants.
About 457 N Fresno
Rare Duplex! Two 3 BEDROOM, 2 BATHROOM units, both delivered FULLY VACANT at the close of escrow ! Whether you're looking to house hack by living in one unit and renting the other, create the perfect setup for multi-generational living, or add a turnkey investment to your portfolio, this property offers the flexibility buyers have been waiting for. Both units are equally sized and feature their own private entrances along with separately metered gas and electric service. Situated on a spacious corner lot, the property offers abundant off-street parking, including a large backyard parking area, plus a long private driveway and detached garage for the second unit. Located in the heart of Boyle Heights, you'll enjoy quick access to Downtown Los Angeles, the Arts District, USC Medical Center, and major freeways including the 5, 10, 60, 101, and 710, making commuting throughout Los Angeles simple and convenient. You're also just minutes from shopping, dining, parks, schools, and public transportation. Opportunities like this don't come around often. A FULLY VACANT DUPLEX with TWO 3 BEDROOM, 2 BATHROOM UNITS gives you the freedom to move in immediately, choose your own tenants, and maximize rental income from day one. Don't miss your chance to own a versatile property with exceptional income potential in one of Los Angeles' most centrally located neighborhoods! **OPEN HOUSES 12:00PM-3:00PM SAT/SUN 8/15 & 8/16**
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 5,750 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Malabar Street Elementary School
Grades K-6 • 0.1 mi
4/10
First Street Elementary School
Grades K-6 • 0.5 mi
2/10
Evergreen Avenue Elementary School
Grades K-6 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,528 | 2,187.451 |
| Lot Size | 5,750 | 5,841.385 |
| Price | $875.0K | $841.5K |
| Price per sq ft | $346 | $385 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 34 | 85 |
Pricing History
Listed for Sale
Aug 6, 2026
$875,000
Initial Listing
Sold
Jan 14, 2002
$64,500
Public Record
Sold
Dec 13, 1999
$175,000
Public Record
Sold
Dec 29, 1998
$75,000
Public Record