5354 Louis, Los Angeles, California 90022, Los Angeles, 90022 - 3 bed, 3 bath
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Los Angeles, California 90022
This duplex presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned slightly above the $795,558 Fair Market Value. While the property requires updates due to its Fair Condition Rating, the dual-unit configuration provides immediate rental income potential. Featuring a City Lights View and a Private Patio, the asset offers functional versatility for modern tenants. This property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in the Los Angeles Unified school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5354 Louis Subject | $799,000* List Price | 3 | 3 | 1,831 | $434 | - |
A 468 S Fetterly Sold | $700,000 | 5 | 2 | 1,888 | $371 | 0.8 mi |
B 631 Leonard Avenue Sold | $735,000 | 5 | 3 | 1,960 | $375 | 0.8 mi |
C 549 Williamson Active | $849,000 List Price | 5 | 2 | 1,872 | $454 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the kitchen has received a modern renovation with shaker cabinets and stone countertops, the property overall shows its 1926 age. The bathrooms remain dated, and the exterior exhibits significant wear including peeling stucco, cracked concrete, and older window AC units, indicating the need for minor repairs and system updates.
This duplex configuration offers excellent versatility for investors or owner-occupiers looking to house-hack, providing two distinct units to maximize rental yield in a high-demand Los Angeles market.
The primary unit features a dedicated laundry area and a bonus office space, addressing the modern demand for work-from-home functionality and enhancing overall tenant desirability.
With separate entrances for each unit and ample on-site parking, the property provides a level of privacy and convenience that serves as a significant competitive advantage in a dense urban neighborhood.
Originally built in 1926, the property may possess aging systems that could necessitate significant capital expenditures for plumbing, electrical, or structural updates to meet modern standards.
The substantial gap between the 2024 recorded sale price of $96,000 and the current $799,000 asking price may lead to valuation challenges during the appraisal and financing process.
Welcome to 5354 Louis Place, where smart living meets savvy investing in the heart of Los Angeles 90022! This exceptional duplex is your gateway to financial freedom. Nestled in a established neighborhood with schools, shopping centers, and dining, just minutes away! Unit 1 offers 2 spacious bedrooms, 1 full bath, a convenient half bath, a dedicated laundry area, and a bonus office area — perfect for working from home. Unit 2 offers 1 bedroom, 1 full bath, perfect rental income potential to maximize your investment. Each unit enjoys complete privacy with its own separate entrance and ample parking space making this property an exceptional opportunity in the heart of East Los Angeles. Whether you're a first-time buyer, seasoned investor, or looking to build generational wealth, this duplex checks all the boxes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 58% |
| Baths | 3.0 | 0.0 | 67% |
| Square foot | 1,831 | 1,663.5 | 50% |
| Lot Size | 5,125 | 5,791 | 25% |
| Price | $799.0K | $712.5K | 67% |
| Price per sq ft | $436 | $471 | 33% |
| Built year | 1926 | 1929 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 220 | 8% |
May 21, 2026
$799,000
Initial Listing
Feb 20, 2024
$96,000
Public Record