552 Cypress Avenue, Los Angeles, California 90065, Los Angeles, 90065 - bed, bath
552 Cypress Avenue
Los Angeles, California 90065
Property Price
SUMMARY
Analysis of 552 Cypress Avenue, Los Angeles, California 90065 is currently available with a list price of $758,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1923, this property is over 100 years old. While the description mentions 'beautiful wood floors' and the exterior appears maintained, there are no interior images to assess the condition, style, and features of the kitchen, bathrooms, appliances, or other systems. The lack of visible modern updates and the age of the property suggest that major components are likely functional but outdated, requiring minor updates or repairs to meet current standards. It fits the 'Fair' criteria of being aged but maintained through regular upkeep, without evidence of extensive recent renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Versatility
As a duplex, the property offers significant income potential for investors or allows an owner-occupant to live in one unit and rent out the other, providing a strong financial advantage.
- Prime Los Angeles Location
Situated in the 'highly desirable 90065 area' and described as a 'nice neighborhood' with a 'prime location in the heart of Los Angeles,' ensuring strong demand and appreciation potential.
- Charming Character & Features
The property is noted as a 'charming duplex' with 'beautiful wood floors,' appealing to buyers seeking character and classic architectural details.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential Updates
Built in 1923, the property's age suggests potential for deferred maintenance or the need for significant updates to major systems (plumbing, electrical, HVAC) to meet modern standards.
- Compact Unit Sizes
With 1344 sqft for two units, each individual unit is relatively small, which might limit the appeal to tenants or owner-occupants seeking more spacious living areas.
- Lack of Explicit Modern Amenities
While charming, the description does not mention recent renovations to kitchens or bathrooms, or the presence of central air conditioning, which could necessitate further investment for a buyer seeking contemporary comforts.
About 552 Cypress Avenue
Welcome to 552 Cypress, a charming duplex located in the highly desirable 90065 area of Los Angeles. This unique property features two side-by-side units, offering both privacy and convenience. Each unit showcases beautiful wood floors that add warmth and character throughout. A detached garage provides additional parking or storage space. Situated in a nice neighborhood, this property is perfect for an investor seeking rental income or an owner-occupant looking to live in one unit and rent out the other. With its prime location and versatile layout, 552 Cypress presents an excellent opportunity in the heart of Los Angeles.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1923
- Lot Size
- 2,822 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Loreto Street Elementary School
Grades K-5 • 0.2 mi
Hillside Elementary School
Grades K-5 • 0.5 mi
Aragon Avenue Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,344 | 1,344 | 50% |
| Lot Size | 2,822 | 6,062 | 14% |
| Price | $759.0K | $820.0K | 14% |
| Price per sq ft | $565 | $572 | 43% |
| Built year | 1923 | 1923 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 200 | 200 | 57% |
Pricing History
Listed for Sale
Aug 18, 2025
$758,999
Initial Listing
Sold
May 13, 2024
$410,000
Public Record