
Los Angeles, California 90063
This Value-Add Residential Income Property is offered at a List Price of $700,000, representing a strategic acquisition despite the $427,412 Fair Market Value. With a Condition Rating of 6, the duplex requires comprehensive renovation but provides a massive canvas via its 7,339 sqft lot and Duplex zoning. Featuring Mountain Views and a central location within the Los Angeles Unified district, the property is primed for forced appreciation through modernization. This is an ideal project for Fix-and-Flip Investors or Buy-and-Hold Investors focused on long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 543 S Ditman Subject | $700,000* List Price | 3 | 2 | 1,430 | $299 | - |
A 422 N Townsend Sold | $660,000 | 0 | 0 | 1,827 | $361 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property was built in 1945 (>80 years old) with no mention of renovations. Exterior images show significant neglect, including extreme overgrowth and a cracked driveway. The listing description's focus on 'investor opportunity' and 'potential' suggests the value is primarily in the land and duplex zoning rather than the existing structure.
As a duplex in a central Los Angeles location, this property offers excellent opportunities for rental income or a house-hacking strategy for owner-occupants looking to offset their mortgage.
The 7,339 square foot lot provides significant outdoor space and potential for future expansion or the addition of an Accessory Dwelling Unit (ADU) to maximize the property's value.
Situated near schools, parks, shopping, and public transportation, the property is highly attractive to a wide tenant pool, ensuring long-term desirability and low vacancy rates.
Built in 1945 and described as needing a 'personal touch,' the property likely requires substantial modernization and capital investment to address aging systems and finishes.
The history of multiple price reductions since the initial listing suggests the property has struggled to gain traction, which may indicate underlying condition issues or initial overpricing.
Welcome to 543 S Ditman Avenue, located in the heart of Los Angeles. This property offers a great opportunity for homeowners or investors looking for a centrally located duplex near schools, parks, shopping, and public transportation. Featuring a spacious lot and plenty of potential, this property is ready for your personal touch. Photos coming soon! Don’t miss the chance to make this Los Angeles home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 80% |
| Baths | 2.0 | 0.0 | 80% |
| Square foot | 1,430 | 1,879.5 | 30% |
| Lot Size | 7,339 | 5,686 | 75% |
| Price | $700.0K | $725.0K | 50% |
| Price per sq ft | $490 | $386 | 80% |
| Built year | 1945 | 1923 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 71 | 217 | 15% |
Apr 20, 2026
$700,000
$710,000
-1% Price Drop
Initial Listing
Mar 29, 2026
$710,000
$720,000
-1% Price Drop
Initial Listing
Feb 10, 2026
$720,000
Initial Listing