
Los Angeles, California 90012
This historic 1909 duplex represents a Strong Value Opportunity, listed at $925,000—positioned well below the $974,634 Fair Market Value by 5%. This valuation gap offers $49,634 in Instant Equity. Featuring a Condition Rating of 3, the property includes modern upgrades like new mini-split systems and plumbing, alongside approved plans for a small lot subdivision. With panoramic city views and a location in a Blue Ribbon school district, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 534 Casanova Street Subject | $925,000* List Price | 2 | 2 | 1,208 | $818 | - |
A 1512 N Boylston Street Sold | $975,000 | 3 | 2 | 1,184 | $823 | 0.8 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 all-new energy-efficient windows, updated plumbing, and the installation of four new mini-split HVAC systems. The interior appears well-maintained, functional, and move-in ready, successfully bridging historic character with modern system reliability.
The property includes approved plans for a small lot subdivision featuring three architect-designed townhomes, offering massive value-add potential for developers or investors.
This 1909 duplex seamlessly blends vintage charm with essential modern upgrades, including new energy-efficient windows, updated plumbing, and four newly installed mini-split HVAC systems.
Nestled in historic Solano Canyon with views of Downtown Los Angeles, the home is steps from Elysian Park and falls within a top-rated Blue Ribbon school district.
With only 1,208 total square feet divided into two units, the individual living spaces are relatively small, which may limit appeal for owner-occupiers seeking more interior volume.
Despite recent improvements, the 1909 construction date suggests potential ongoing maintenance requirements and structural considerations inherent in century-old hillside properties.
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, one bedroom, full bath, mudroom, washer/dryer, 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 $20k grant through approved lender - Ask your agent for details. Home is vacant and no longer staged - listing photos show the property with staging. Note: Map programs may take you to the back of the property.
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 | 1,117.5 | 67% |
| Lot Size | 5,544 | 4,783.5 | 50% |
| Price | $925.0K | $882.5K | 50% |
| Price per sq ft | $766 | $795 | 50% |
| Built year | 1909 | 1916 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 82 | 33% |
May 14, 2026
$925,000
Initial Listing
Aug 25, 2022
$830,000
Public Record
Apr 27, 2016
$467,000
Public Record
Oct 26, 2015
$415,000
Public Record