
Los Angeles, California 90037
This Residential Income Duplex is a strategic Value-Add Asset listed at $900,000, currently above the $804,230 Fair Market Value. Holding a Condition Rating of 4, the property features vintage wood beam ceilings, original wood flooring, and a three-car garage that provide character but require modernization. Its location near USC, Exposition Park, and West Vernon Avenue Elementary ensures a high-demand rental pipeline. This acquisition is ideally suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage a multi-unit configuration in a central, high-growth Los Angeles corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 W 43rd Subject | $900,000* List Price | 0 | 0 | 1,748 | $460 | - |
A 621 W 54th Street Sold | $722,000 | 0 | 0 | 1,790 | $403 | 0.8 mi |
B 916 W 53rd St Street Sold | $805,000 | 0 | 0 | 2,012 | $400 | 0.9 mi |
C 547 W 43rd Street Active | $694,000 List Price | 0 | 0 | 1,921 | $361 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937, the property retains much of its original character, including wood beam ceilings and an original bathroom, which indicates it is aged and lacks modern updates. While the interior has been recently painted to maintain a clean appearance, the kitchen and bathroom fixtures, along with the wall heating systems, are outdated and do not meet current high-end renovation standards.
Featuring two separate residences on a single lot, including a front house and a rear unit above a three-car garage, this property offers exceptional versatility for rental income or owner-occupancy.
Situated in a high-demand area near USC, the Los Angeles Memorial Coliseum, and major museums, the property benefits from central accessibility and a consistent pool of potential tenants.
Built in 1937, the home retains its classic charm with original wood flooring, natural wood beam ceilings, and rich wood trim, providing a unique aesthetic that stands out in the market.
With its 1937 construction and original bathroom, the property likely requires significant capital expenditure for modernizing systems and fixtures to meet contemporary standards.
The local public schools assigned to this address have predominantly low performance ratings, which may limit the property's appeal to families prioritizing education.
Excellent income-producing opportunity featuring two separate residences on one lot in a prime South Los Angeles location. This versatile property offers strong potential for an investor seeking rental income or an owner-occupant looking to offset expenses. The front residence includes two bedrooms plus a convertible den that may function as a third bedroom. Architectural details include natural wood beam ceilings, rich wood trim, original wood flooring throughout, and a formal dining room with a built-in china cabinet. The living room features a decorative faux fireplace, and the home retains its original bathroom for classic character. The dining room, living room, and two bedrooms have been recently painted, enhancing the home’s appeal while maintaining its vintage charm. The rear unit is a one-bedroom apartment situated above a three-car garage. It is equipped with a wall heater and gas range, offering comfortable and efficient living space with added rental flexibility. Conveniently located near the Natural History Museum of Los Angeles County, California Science Center, Los Angeles Memorial Coliseum, BMO Stadium, and University of Southern California, the property benefits from strong rental demand and central accessibility. An excellent opportunity for the right investor or owner-occupant. Contact the listing agent for additional details.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,748 | 2,000 | 21% |
| Lot Size | 4,381 | 5,377 | 16% |
| Price | $900.0K | $900.0K | 50% |
| Price per sq ft | $515 | $392 | 79% |
| Built year | 1937 | 1923 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 242 | 16% |
Feb 26, 2026
$900,000
Initial Listing