
Los Angeles, California 90037
This duplex presents a High-Potential Investment Opportunity with a List Price of $689,000—positioned well above the $622,854 Fair Market Value by -10%. While the property requires significant capital expenditure due to its Condition Rating of 5, the Dual-Unit Income Potential and 5,297 SqFt Lot provide a foundation for long-term value-add strategies. Located near USC and major transit, this asset is suited for Buy-and-Hold Investors or Contractors capable of executing a full-scale renovation to stabilize the rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5611 S Normandie Subject | $689,000* List Price | 2 | 2 | 1,728 | $360 | - |
A 1159 W 54th Street Sold | $670,000 | 0 | 0 | 2,144 | $313 | 0.3 mi |
B 1132 W 56th Sold | $644,000 | 0 | 0 | 1,758 | $366 | 0.3 mi |
C 1361 W Vernon Avenue Sold | $690,000 | 0 | 0 | 1,892 | $365 | 0.9 mi |
D 1146 W 52nd Active | $890,000 List Price | 0 | 0 | 1,720 | $517 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1922 with no evidence of recent renovations. The kitchen and bathroom are in severe disrepair with missing cabinet doors, outdated fixtures, and significant grime, requiring a full rehab.
The property features a side-by-side duplex configuration with two 2-bedroom, 1-bathroom units, offering immediate rental income opportunities in a high-demand rental market.
Situated near USC, BMO Stadium, and Downtown Los Angeles, the property boasts excellent proximity to major employment hubs, entertainment venues, and the 110 freeway.
With a lot exceeding 5,000 square feet, there is significant potential for future expansion or the addition of an Accessory Dwelling Unit (ADU) to maximize the property's value.
The property is sold with tenants in place and will not be delivered vacant, which may complicate financing for owner-occupants and delay the ability to set market-rate rents.
Marketed as a 'diamond in the rough' and sold in 'as-is' condition, the 1922 structure likely requires substantial capital investment for repairs and modernization.
Dimond in the rough! Great Investment Opportunities! Duplex! Two units number 5611 & number 5613, side by side with separate entries. Each unit has two bedrooms and one bathroom. Large lot, over SqFt 5000. Located in the heart of Los Angeles. Close to BMO Stadium, La Memorial Coliseum, CA Science Center. You are just moments away from the 110 freeway, Downtown Los Angles, USC, and an abundance of Local business. DO NOT DISTURB TENANTS!Property is being sold AS IS with TENANT IN PLACE! Seller WILL NOT DELIVER THE PROPERTY VACANT!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,728 | 2,187.451 |
| Lot Size | 5,297 | 5,841.385 |
| Price | $689.0K | $841.5K |
| Price per sq ft | $399 | $385 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 21 | 85 |
Aug 19, 2026
$689,000
Initial Listing