
Los Angeles, California 90011
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $735,000 positioned at its $735,000 Fair Market Value. The asset features two detached dwellings—a 3-bedroom front home and a 2-bedroom rear home—offering superior privacy and immediate cash flow. With a Condition Rating of 4, there is clear Value-Add Potential through modernization. Including a seller credit for tenant relocation and gated parking near Santee Education Complex, this is a strategic choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4618 Wall Subject | $735,000* List Price | 0 | 0 | 2,231 | $329 | - |
A 5123 S San Pedro St Sold | $775,000 | 0 | 0 | 2,517 | $308 | 0.4 mi |
B 203 E 56th Street Sold | $745,000 | 0 | 0 | 1,926 | $387 | 0.7 mi |
C 5125 Avenue Woodlawn Sold | $600,000 | 0 | 0 | 1,608 | $373 | 0.4 mi |
D 1150 E 51st Active | $799,000 List Price | 0 | 0 | 2,264 | $353 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1906, this property is aged but functional and currently tenant-occupied. The exterior shows typical signs of wear for its age, including cracked concrete and dated siding. The listing's mention of 'value-add potential through light renovation' suggests that while the homes are livable, the kitchens, bathrooms, and systems are likely outdated and require modernization to meet current market standards.
The property features two detached homes on a single lot, offering superior privacy and flexibility for multi-generational living or rental strategies compared to traditional attached duplexes.
Both units are currently tenant-occupied, providing the new owner with instant rental income and long-term financial stability from the date of closing.
With a recommendation for light renovations, there is a clear path to increasing the property's market value and maximizing rental yields in a high-demand market.
Constructed in 1906, the property may require ongoing maintenance and potential upgrades to aging electrical, plumbing, and structural systems to meet modern standards.
Inheriting two sets of tenants requires immediate property management oversight and may delay comprehensive interior renovations or full possession of the site.
The majority of assigned public schools in the immediate area carry low performance ratings, which may limit the property's appeal to families prioritizing education.
Welcome to 4618 Wall Street—a rare investment opportunity featuring two detached homes on one lot. Both units are tenant-occupied, delivering instant rental income and long-term stability. The front home offers 3 bedrooms, 2 baths, a laundry room, and approx. 1,259 sq ft. The rear home includes 2 bedrooms, 2 baths and approx. 1,060 sq ft. The property is gated with off-street parking and offers strong value-add potential through light renovation. Perfect for investors or owner-users—live in one and rent the other, or upgrade both to maximize returns. Seller will provide a credit for buyers to relocate one tenant, adding even more flexibility. A high-demand rental market and two solid units make this an opportunity you don’t want to miss.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
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 | 2,231 | 2,040.5 | 63% |
| Lot Size | 6,671 | 5,307 | 81% |
| Price | $735.0K | $740.0K | 50% |
| Price per sq ft | $329 | $364 | 41% |
| Built year | 1906 | 1912 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 209 | 13% |
Jan 23, 2026
$735,000
Initial Listing
Dec 12, 2014
$330,000
Public Record
Sep 21, 2011
$175,000
Public Record