4616 Hammel, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
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Los Angeles, California 90022
This Value-Add Duplex Asset is listed at $749,000, positioned relative to its $691,904 Fair Market Value. Currently holding a Condition Rating of 5, the property requires a full-scale renovation to modernize its 2,116 square feet of living space. Sold strictly "AS IS," the 1930s structure offers significant upside for forced appreciation through system upgrades and interior remodeling. Located on a 5,415 sqft lot in the high-demand Boyle Heights area, this project is a prime acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors targeting long-term rental growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4616 Hammel Subject | $749,000* List Price | 0 | 0 | 2,116 | $327 | - |
A 468 S Fetterly Sold | $700,000 | 5 | 2 | 1,888 | $371 | 0.9 mi |
B 4766 Hammel Active | $819,999 List Price | 0 | 0 | 1,904 | $431 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930 and explicitly sold 'AS IS,' the property's exterior exhibits significant deferred maintenance, including stained stucco, dated stone veneer, old windows, and overgrown landscaping. The absence of interior photos, coupled with the property's age and 'AS IS' condition, strongly suggests that major systems and interior components, including kitchens and bathrooms, are severely outdated and require substantial rehabilitation and upgrades to meet modern standards and safety codes.
As a duplex, this property offers immediate potential for rental income from two separate units, making it attractive to investors or owner-occupants looking to offset mortgage costs.
Situated in Los Angeles, specifically the Boyle Heights area (90022), the property benefits from a desirable urban location with access to amenities, transportation, and a potentially strong rental market.
With 2116 square feet, the property provides ample interior space, allowing for comfortable living arrangements across its units, as highlighted by the description 'plenty of room'.
The property is explicitly sold 'AS IS,' indicating that the seller will not make repairs and the buyer should anticipate potential significant renovation costs or deferred maintenance.
Built in 1930, the property is nearly a century old, suggesting potential for outdated infrastructure (plumbing, electrical, HVAC) and requiring substantial upgrades to meet modern standards and safety codes.
The brief description lacks specific information about recent upgrades, current condition of individual units, or amenities, which could imply a need for extensive renovation to enhance market appeal and functionality.
Property is being sold AS IS. Great Duplex with plenty of room.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,116 | 1,892.5 | 86% |
| Lot Size | 5,415 | 6,252 | 36% |
| Price | $749.0K | $754.0K | 50% |
| Price per sq ft | $354 | $411 | 14% |
| Built year | 1930 | 1929 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 239 | 7% |
Jan 15, 2026
$749,000
Initial Listing