505 Williamson, East Los Angeles, California 90022, East Los Angeles, 90022 - 0 bed, 0 bath
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East Los Angeles, California 90022
This 1926 duplex presents a High-Potential Investment Opportunity with a List Price of $648,888—positioned above the $622,169 Fair Market Value. While requiring significant renovation, the property features a 5,219 sq ft lot with ADU potential and a flexible layout for multi-generational living. Located in a high-demand rental area near transit and shopping, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project. With a Condition Rating of 5, this as-is sale requires a strategic renovation plan to maximize long-term rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Williamson Subject | $648,888* List Price | 0 | 0 | 1,553 | $401 | - |
A 658 Oakford Active | $699,800 List Price | 0 | 0 | 1,786 | $392 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this property is nearly 100 years old and is explicitly described as a fixer opportunity where both units require renovation. Interior photos show missing flooring and baseboards, and the listing states it is being sold as-is, indicating significant rehab is necessary to address its dated and unfinished state.
As a dual-unit duplex, this property offers an ideal opportunity for owner-occupiers to house-hack by living in one unit while renting the other, or for multi-generational families seeking separate living spaces.
The 5,219 sq ft lot includes a garage positioned between the units, providing a prime opportunity for an ADU conversion to increase density and rental yield, subject to buyer verification.
Situated minutes from Atlantic and Beverly Blvd, the property boasts excellent walkability to major shopping centers, restaurants, and parks, with convenient access to both bus and metro lines for commuters.
Both units are in need of significant renovation and modernization, which will require a substantial additional capital investment beyond the purchase price to bring the property to market standards.
The property is being sold in its current state with no seller repairs or credits, placing the full responsibility for permit verification and structural due diligence on the buyer.
1926 duplex with some authentic vintage character and the possibility to renovate, restore, modernize, reconfigure, or expand. This property sits on a 5,219 sq ft lot and is classified as a two-unit duplex. This property may be ideal for investors looking to rent, buyers seeking a possible fixer opportunity, or homeowners looking to live in one unit while renting the other. The duplex layout also offers flexibility for the possibility of multi-generational living. There is a garage between both units with the potential for an ADU (buyer to verify). Located just minutes from Atlantic Blvd and Beverly Blvd, for an easy walk, stroll, or ride to local shopping centers, restaurants, grocery shopping, and a movie theater. There is a large shopping mall just minutes away. This property is also close to the bus and metro. Close to Family-friendly amenities like Parks. Neighbors have reported that there are typically strong rental demands in the area. Both units require renovation. Buyer to verify all permits, square footage, zoning, and development potential. Property to be sold as-is with no repairs or credits. Unit One: 2 Bedrooms • 1 Bathroom and Unit Two: 2 Bedrooms • 1 Bathroom
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,553 | - |
| Lot Size | 5,219 | - |
| Price | $648.9K | $773.4K |
| Price per sq ft | $418 | $471 |
| Built year | 1926 | 0 |
| HOA | $0 | $0 |
| Days on market | 23 | 67 |
Jun 29, 2026
$648,888
Initial Listing