
Los Angeles, California 90012
This Historic Solano Canyon Duplex is a Prime Investment Opportunity, listed at $975,000—positioned well below the $996,659 Fair Market Value by 2%. This valuation gap offers $21,659 in Instant Equity. The property maintains a Good Condition Rating with updated HVAC and plumbing, complemented by panoramic DTLA views and proximity to the top-rated Solano Avenue Elementary. With approved plans for a three-townhome subdivision, it provides exceptional development upside alongside immediate rental potential. This is a premier choice for Developers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 534 Casanova Street Subject | $975,000* List Price | 2 | 2 | 1,208 | $825 | - |
A 1512 N Boylston Street Sold | $975,000 | 3 | 2 | 1,184 | $823 | 0.8 mi |
B 534 Casanova Street Active | $975,000 List Price | 2 | 2 | 1,208 | $807 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1909, the property has undergone significant recent renovations including new plumbing, energy-efficient windows, and four mini-split HVAC systems. The interior is clean and move-in ready with updated flooring and functional, well-maintained kitchen and bathroom spaces that align with the 'Good' criteria for a 5-15 year renovation cycle.
The property offers significant upside with approved plans for a small lot subdivision featuring three architect-designed townhomes, plus existing basement space suitable for ADU conversion.
This 1909 duplex perfectly balances character with modern utility, featuring four newly installed mini-split systems, energy-efficient windows, and updated plumbing for immediate comfort.
Nestled in historic Solano Canyon within a Blue Ribbon school district, the elevated lot provides coveted views of Downtown Los Angeles and easy access to Elysian Park and Chinatown.
Despite recent upgrades, a property built in 1909 on a hillside may present ongoing maintenance challenges and structural considerations typical of vintage Los Angeles homes.
The home is currently vacant and no longer staged, which may make the 1,208 square foot layout feel less expansive and harder for traditional buyers to visualize compared to the listing photography.
Located in the heart of historic Solano Canyon, this enchanting c.1909 duplex offers a rare blend of character, privacy, and future potential in one of Los Angeles' most storied hillside neighborhoods. Set back from the street on a generous lot, the home is surrounded by private gardens, creating a peaceful retreat just moments from the energy of the city. The property features two spacious units, each offering a large kitchen, living room, bedroom, full bath, mudroom, washer/dryer hookups, and a private deck. Recent upgrades include all-new energy-efficient windows, a newly enclosed sunroom, and four newly added mini-split systems, and plumbing, providing modern comfort while preserving the home's historic charm. Each unit also includes approximately 400 square feet of private basement storage, or potential for an ADU. Outdoor amenities include a gated front yard, multi-level garden spaces, a sizable backyard with alley access, and two highly coveted parking spaces. Elevated positioning allows for views of Downtown Los Angeles, enhancing both livability and long-term value. Situated within a top-rated Blue Ribbon school district, the property is ideally located near Chinatown, Dodger Stadium, Elysian Park, and beloved Eastside destinations, offering effortless access to dining, culture, recreation, and major commuter routes. Whether you choose to live in one unit and rent the other or capitalize on the approved plans for a small lot subdivision featuring three architect-designed townhomes by Richard Corsini, this is a truly special opportunity in a historically rich enclave with strong upside potential. Eligible buyers may qualify for up to $13,000 in closing cost assistance through approved lender and program guidelines. Ask your agent for details. Home is vacant and no longer staged - listing photos show the property with staging.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,208 | 1,184 | 60% |
| Lot Size | 5,544 | 5,544 | 50% |
| Price | $975.0K | $840.0K | 60% |
| Price per sq ft | $807 | $807 | 50% |
| Built year | 1909 | 1909 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 58 | 40% |
Apr 20, 2026
$975,000
Initial Listing
Aug 25, 2022
$830,000
Public Record
Apr 27, 2016
$467,000
Public Record
Oct 26, 2015
$415,000
Public Record