
Los Angeles, California 90062
This duplex presents a High-Potential Investment Opportunity with a List Price of $756,000—positioned slightly above the $753,899 Fair Market Value. While the property requires renovation, its Fair Condition Rating and dual-unit configuration offer significant upside for forced appreciation. Featuring a 5,460 sqft lot with dedicated garages and backyard space, this asset is primed for value-add strategies. The property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income while building long-term equity in the Los Angeles market.
Property is extensive renovation needed.
Built in 1922, the property shows significant age with bathrooms featuring highly dated tile and fixtures likely over 30 years old. The listing explicitly states the property 'needs some work' and is a renovation opportunity, aligning with the criteria for a property needing rehab despite being currently occupied.
The property is a duplex where each unit features a 2-bedroom, 2-bathroom layout, providing a highly desirable configuration for maximizing rental income or multi-generational living.
Sold in its current condition, this property offers a significant opportunity for investors to build equity through strategic renovations and modernization.
The lot includes dedicated garage space for each unit and a large backyard, rare amenities in Los Angeles that enhance tenant retention and property value.
The property requires repairs and is being sold in 'as-is' condition, necessitating immediate additional capital investment for improvements.
Being fully tenant-occupied with restricted access complicates the viewing process and may delay possession for owner-users or the start of renovations.
PRICE IMPROVEMENT!!!!!!! JUST DROPPED! GREAT INVESTMENT OPPORTUNITY IN LOS ANGELES. Excellent opportunity to own a two-unit duplex, with each unit offering 2 bedrooms and 2 baths. This tenant occupied property presents a great opportunity for owner/users. buyers and investors to add value and build equity. The property needs some work and is being sold in its current condition, offering plenty of potential for renovation and improvement. One unit already has new flooring throughout. The property features garages for each unit and plenty of back yard space. Conveniently located in Los Angeles on a large street also with front parking, it has access to freeways, shopping, schools, and quiet neighborhood. Property is tenant occupied. DO NOT DISTURB TENANTS. Showings and access are subject to seller instructions and applicable tenant requirements. Buyer and buyer's agents to verify all property details, permits, sq ft, zoning, and intended use independently. Bring your vision and unlock the potential of this income producing investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.5 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,720 | 2,090.331 |
| Lot Size | 5,460 | 5,852.908 |
| Price | $700.0K | $830.9K |
| Price per sq ft | $407 | $394 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 52 | 87 |
Oct 21, 2026
$700,000
$756,000
-7% Price Drop
Initial Listing
Sep 18, 2026
$756,000
Initial Listing
Oct 29, 2015
$400,000
Public Record
Jun 4, 2010
$280,000
Public Record
Jul 23, 2009
$126,000
Public Record
Jul 27, 2007
$570,000
Public Record
Apr 7, 2006
$455,000
Public Record
May 20, 1998
$95,000
Public Record