4616 Hammel, Los Angeles, California 90022, Los Angeles, 90022 - bed, bath

ACTIVE$749,000$2,116/sqft
4616 Hammel, Los Angeles, California 90022
0Bed
0Bath
2,116Sqft
5,415Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Asset: As a duplex, the property offers immediate potential for rental income, appealing to investors or owner-occupants seeking to offset housing costs.
Top Cons:
As-Is Sale Condition: The property is explicitly sold 'AS IS,' indicating that buyers should anticipate potential needs for repairs, renovations, or system upgrades, which could incur significant additional costs.
Compared to the nearby listings
Price:$749.0K vs avg $820.0K ($-71,000)17%
Size:2,116 sqft vs avg 1,994 sqft61%
Price/sqft:$354 vs avg $41128%
More Insights
Built in 1930 (96 years old).
Condition: Built in 1930 and explicitly sold 'AS IS,' this property shows significant signs of age and deferred maintenance on the exterior, including unkempt landscaping and dated features. Without interior photos, it's highly probable that the kitchen, bathrooms, and major systems are original or very old, requiring substantial repairs and rehabilitation to meet modern standards and ensure functionality. This aligns with the 'poor' condition criteria, indicating a need for extensive renovation.
Year Built
1930
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$354
HOA
-
Days on market
-
Sold On
-
MLS number
DW26010965
Home ConditionPoor
Features
View-
About this home
Property is being sold AS IS. Great Duplex with plenty of room.
E
Elvis Navarro
Listing Agent
Condition Rating
Poor
Built in 1930 and explicitly sold 'AS IS,' this property shows significant signs of age and deferred maintenance on the exterior, including unkempt landscaping and dated features. Without interior photos, it's highly probable that the kitchen, bathrooms, and major systems are original or very old, requiring substantial repairs and rehabilitation to meet modern standards and ensure functionality. This aligns with the 'poor' condition criteria, indicating a need for extensive renovation.
Pros & Cons
Pros
Income-Generating Asset: As a duplex, the property offers immediate potential for rental income, appealing to investors or owner-occupants seeking to offset housing costs.
Desirable Los Angeles Location: Situated in Los Angeles, specifically Boyle Heights, the property benefits from strong rental demand and potential for long-term appreciation in a vibrant urban market.
Generous Space: With 2116 sqft of living space and a 5415 sqft lot, the property provides ample room for residents and potential for outdoor amenities or expansion.
Investment Opportunity: The duplex format in a prime location presents a solid investment opportunity for capital growth and consistent cash flow.
Historic Charm Potential: Built in 1930, the property may possess architectural character and solid construction, offering a unique appeal for buyers interested in restoring or enhancing its original features.
Cons
As-Is Sale Condition: The property is explicitly sold 'AS IS,' indicating that buyers should anticipate potential needs for repairs, renovations, or system upgrades, which could incur significant additional costs.
Age-Related Maintenance: A 1930 build suggests that major systems (plumbing, electrical, roofing, HVAC) are likely original or significantly aged, potentially requiring immediate or future capital expenditures.
Limited Property Information: The brief description lacks specific details regarding the condition of individual units, recent upgrades, or key amenities, which may create uncertainty for prospective buyers and necessitate thorough due diligence.


