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529 S Sydney Drive, Los Angeles, California 90022, Los Angeles, 90022 - 5 bed, 2 bath

529 S Sydney Drive, Los Angeles, California 90022 home-pic-0
ACTIVE$799,900
529 S Sydney Drive, Los Angeles, California 90022
5Beds
2Baths
1,611Sqft
6,820Lot
Year Built
1965
Close
-
List price
$800K
Original List price
$825K
Price/Sqft
$497
HOA
-
Days on market
-
Sold On
-
MLS number
SR25174759
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $799.9K(41th), sqft - 1611(24th), beds - 5(82th), baths - 2(71th).

Duplex, two separate homes with Endless Potential in East Los Angeles. Discover a rare gem at 529-531 S. Sydney Drive, a duplex in the heart of vibrant East Los Angeles, ready for your personal touch. The property features a spacious 3-bedroom, 1-bathroom unit boasting an open-concept living area perfect for family living, and a separate charming 2-bedroom, 1-bathroom unit, ideal for smaller households or tenants. Extensive driveway includes a 2-car carport for convenient parking, complemented by mature, fruit-bearing mango, fig, and tangerine trees. Sold as is, sale includes current tenant in place. Upon sale other unit delivered vacant. Nestled in a dynamic neighborhood with easy access to I-5, I-710, Cal State LA, and local shops, schools, and dining, this duplex is perfect for owner-occupants looking to live in one unit while renting the other. Please do not disturb tenants.

Price History

Date
Event
Price
08/25/25
Price Change
$799,900-1.2%
08/17/25
Price Change
$809,900-1.8%
08/04/25
$825,000
Condition Rating
Poor
The property was built in 1965, making it 59 years old. The description states 'Endless Potential' and 'Sold as is,' which are strong indicators that the property requires substantial updates and rehabilitation. The complete absence of interior images, especially of the kitchen and bathrooms, suggests these critical areas are likely outdated or in poor condition, consistent with a property of this age that has not undergone significant recent renovations. This aligns with the 'Poor' condition criteria, indicating major components may require repair and the property may be uncomfortable to live in its current state without significant investment.
Pros & Cons

Pros

Income-Generating Duplex: Offers significant income potential as a duplex, ideal for owner-occupants seeking rental income or investors.
Strategic East LA Location: Prime East Los Angeles location with excellent freeway access (I-5, I-710) and proximity to Cal State LA, local amenities, and public transport.
Ample Off-Street Parking: Features an extensive driveway and a 2-car carport, providing convenient and secure off-street parking for multiple vehicles.
Mature Fruit Trees: Unique amenity with mature, fruit-bearing mango, fig, and tangerine trees, enhancing curb appeal and offering fresh produce.
Flexible Unit Configuration: Comprises a spacious 3-bedroom unit and a separate 2-bedroom unit, offering versatile living arrangements and rental options.

Cons

Sold As-Is Condition: The property is sold in 'as-is' condition, indicating potential for required repairs or significant updates, necessitating additional buyer investment.
Existing Tenant in Place: One unit is currently tenant-occupied, which may limit immediate owner-occupancy options for that unit and requires adherence to tenant rights.
Age and Potential for Updates: Built in 1965, the property may require substantial modernization of systems and aesthetics to maximize its market value and appeal.

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