514 W River Street, Los Angeles, California 90065, Los Angeles, 90065 - 0 bed, 0 bath
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514 W River Street
Los Angeles, California 90065
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,566Sq Ft
6,472Lot Size
Property Price
LIST PRICE$1,279,000
EST. MARKET VALUE
$1,142,426
11% AboveMARKET VALUE
SUMMARY
This Legal Duplex represents a High-Potential Investment Opportunity, listed at $1,279,000—positioned above the $1,142,427 Fair Market Value. While priced at a premium, the property features a Good Condition Rating following comprehensive 2018 updates, including modern kitchens and private yard spaces. The Dual-Detached Configuration provides superior rental appeal, making this a stable, income-producing asset. Despite local school ratings, the high rental capacity and turnkey status offer immediate cash flow. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Estimated Market Value
$1,142,426
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 514 W River Street Subject | $1,279,000* List Price | 0 | 0 | 2,566 | $445 | - |
A 2676 Roseview Sold | $960,000 | 0 | 0 | 2,330 | $412 | 0.7 mi |
B 401 W Avenue 37 Active | $983,000 List Price | 0 | 0 | 2,334 | $421 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1937, the property underwent a full update in 2018 (8 years ago). It features modern kitchens and baths, open layouts, and appears well-maintained and move-in ready, falling within the 5-15 year renovation window for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Detached Configuration
The property features two separate houses on a single lot, providing superior privacy and tenant appeal compared to traditional attached duplexes.
- Modernized Interiors
Both units were significantly updated in 2018 with open layouts, modern kitchens, and updated bathrooms, reducing the need for immediate capital expenditures.
- High Rental Capacity
With a 4-bedroom/3-bathroom front unit and a 2-bedroom/2-bathroom rear unit, the property offers substantial income-producing potential in the desirable Cypress Park market.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy Constraints
Both units are currently tenant-occupied, which may complicate immediate owner-occupancy plans or the ability to adjust rents to current market rates.
- Local School Ratings
Several assigned elementary schools in the immediate vicinity have lower performance ratings, which could be a drawback for family-oriented long-term investors.
About 514 W River Street
Legal duplex featuring two separate houses on one lot located in desirable Cypress Park. Front unit offers 4 beds and 3 baths; rear unit offers 2 beds and 2 baths. Both units have been updated in 2018, open layouts, modern kitchens and baths, private yard spaces, gated parking for multiple cars, and in-unit laundry hookups. Both units are tenant occupied, offering an excellent income-producing opportunity.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1937
- Lot Size
- 6,472 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Loreto Street Elementary School
Grades K-5 • 0.3 mi
4/10
Hillside Elementary School
Grades K-5 • 0.5 mi
2/10
Aragon Avenue Elementary School
Grades K-5 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,566 | 2,187.451 |
| Lot Size | 6,472 | 5,841.385 |
| Price | $1.28M | $841.5K |
| Price per sq ft | $498 | $385 |
| Built year | 1937 | 1928 |
| HOA | $0 | $0 |
| Days on market | 19 | 85 |
Pricing History
Listed for Sale
Aug 21, 2026
$1,279,000
Initial Listing
Sold
May 1, 2018
$1,100,000
Public Record
Sold
Jun 18, 2015
$565,000
Public Record
Sold
Feb 3, 2000
$202,000
Public Record