
Los Angeles, California 90019
This 1922 Mid-City duplex represents a High-Potential Investment Opportunity, listed at $1,050,000—positioned above the $994,085 Fair Market Value. While priced at a premium, the asset features Fully Split Utilities and a brand-new roof, providing immediate operational efficiency. With a Fair Condition Rating and a 5,770 sqft lot, the property offers significant upside through ADU expansion. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage the flexible unit configuration in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4809 Pickford Subject | $1,050,000* List Price | 0 | 0 | 1,388 | $716 | - |
A 1532 Carmona Active | $899,888 List Price | 0 | 0 | 1,562 | $576 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1922, the property is over 100 years old and is marketed for its 'original character,' implying dated kitchens and bathrooms that likely exceed 20 years without major renovation. While the roof is brand new (4 months old) and utilities are modernized with split meters, the interior likely requires cosmetic updates and system modernization to meet current standards.
The property features rare separate meters for water, gas, and electricity, which significantly minimizes owner operating expenses and simplifies utility management for investors.
With a generous 5,770 sqft lot and a brand-new roof installed in 2026, there is significant upside potential to build an ADU and increase the property's total yield.
The 3-bedroom/2-bathroom and 2-bedroom/1-bathroom mix in the high-demand Mid-City area offers excellent flexibility for both multi-generational living and high-yield rental income.
At only 1,388 total square feet for five bedrooms, the interior living spaces and individual rooms are likely very small and may feel cramped for modern tenant expectations.
As a 1920s multi-family property in Los Angeles, buyers must navigate complex Rent Stabilization Ordinance (RSO) rules and potential tenant relocation requirements for owner-occupancy.
Charming 1920s Mid-City Duplex – Fully Split Utilities & Timeless Character! Located in the highly desirable Mid-City Los Angeles area, this classic 1922 detached duplex seamlessly blends vintage charm with highly sought-after investment features. Rich in original character, the property offers a spacious 3-bedroom, 2-bathroom unit alongside a well-appointed 2-bedroom, 1-bathroom unit, totaling approximately 1,388 square feet of living space. A standout feature for investors is the rare benefit of separate meters for water, gas, and electricity—helping minimize owner utility expenses and maximize efficiency. The property also includes ample on-site parking and private yard spaces for each unit, ideal for outdoor enjoyment and tenant appeal. Additional highlights include a recently installed roof (within the past four months) and excellent potential for future expansion with space to build an ADU (buyer to verify). This is an exceptional opportunity for both owner-users and investors. The property may offer the flexibility for an owner-user to occupy one unit after close of escrow (buyer to verify city relocation requirements and local ordinances). Conveniently located near dining, transportation, and all that vibrant Mid-City has to offer, this property is a rare find combining character, functionality, and upside potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,388 | 2,250 |
| Lot Size | 5,770 | 5,864 |
| Price | $1.05M | $826.7K |
| Price per sq ft | $756 | $395 |
| Built year | 1922 | 1925 |
| HOA | $0 | $0 |
| Days on market | 15 | 83 |
Jul 7, 2026
$1,050,000
Initial Listing
Dec 5, 2008
$280,000
Public Record
Feb 23, 2007
$615,000
Public Record