
Los Angeles, California 90022
This property presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well above the $717,203 Fair Market Value by 11%. While the price reflects a premium, the Multi-Unit Income Potential of two detached homes and the ADU Development Opportunity on a 5,353 sqft lot provide significant long-term value. With a Condition Rating of 4, the property requires modernization to maximize rental yields. Located in the Montebello School District, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mortgage-helper property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 522 Simmons Subject | $800,000* List Price | 0 | 0 | 1,473 | $487 | - |
A 5354 Louis Sold | $807,000 | 3 | 3 | 1,831 | $441 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property shows signs of an older renovation. The bathroom is fully functional but features dated tiling, older fixtures, and a style consistent with a remodel done over 20 years ago, indicating a need for cosmetic updates and modernization.
The property features two separate detached homes (1BR/1BA and 2BR/1BA), offering excellent flexibility for rental income, owner-occupancy with a mortgage helper, or multi-generational living.
With a 5,353 sqft lot and explicit mention of room to build an Additional Dwelling Unit (ADU), there is significant potential to increase the property's density and overall market value.
Situated within the Montebello School District and zoned for Schurr High School, the property holds strong appeal for families prioritizing quality education.
Originally built in 1951, the property may require updates to major systems such as plumbing, electrical, and roofing to meet modern standards and buyer expectations.
With only 1,473 total square feet divided between two separate residences, the individual units offer relatively small living spaces which may limit the pool of prospective long-term tenants.
Exceptional Opportunity to purchase 2 separate homes 1bed 1 bath w/ laundry room second unit 2bedroom 1 bath w/ laundry room with room to build an ADU. Montebello School District Schurr High School.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,473 | 2,187.451 |
| Lot Size | 5,353 | 5,841.385 |
| Price | $800.0K | $841.5K |
| Price per sq ft | $543 | $385 |
| Built year | 1951 | 1928 |
| HOA | $0 | $0 |
| Days on market | 32 | 85 |
Aug 8, 2026
$800,000
Initial Listing
Jul 16, 2024
$715,000
Public Record
Jul 14, 2014
$409,000
Public Record
Nov 19, 2007
$2,000
Public Record
Apr 23, 1996
$180,000
Public Record