631 Leonard, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
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Los Angeles, California 90022
This Turnkey Duplex with R3 Zoning is listed at $949,999, representing a stable entry point near its $931,326 Fair Market Value. The property boasts an Excellent Condition Rating after extensive upgrades, including fully remodeled kitchens and bathrooms, new roofs, and updated HVAC systems. Its R3-zoned lot provides a clear path for value-add through ADU potential. Featuring separate utilities and a 3-car carport, this versatile asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, income-producing residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 631 Leonard Subject | $949,999* List Price | 0 | 0 | 1,960 | $475 | - |
A 727 S Eastmont Avenue Active | $815,000 List Price | 0 | 0 | 1,927 | $423 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1927 property has undergone a complete, high-quality renovation within the last 5 years, qualifying it as 'Excellent' per the criteria. The listing and images confirm fully renovated kitchens and bathrooms with modern finishes, new flooring, recessed lighting, and updated systems including new roofs, new electrical panels, and new HVAC (mini-splits and central air). It is in turnkey, mint condition.
The property has undergone extensive renovations including new roofs, electrical panels, and modern kitchens and bathrooms, minimizing immediate capital expenditure for a new owner.
Zoned R3 with identified ADU potential, this lot offers significant long-term value through the possibility of adding additional units or increasing density.
With two distinct units featuring separate laundry facilities and a 3-car carport, the property is perfectly suited for either a 1031 exchange investor or an owner-occupant seeking rental income.
The property was recently sold within the past year on 2026-01-23. The sold price is $735,000.00.
Originally built in 1927, the property may still possess underlying structural or plumbing elements typical of century-old homes that were not fully replaced during the cosmetic remodel.
The front unit is currently configured as a 2-bedroom despite being marketed as a 3-bedroom, which may require additional modification to achieve its maximum rental potential.
Welcome to 631 Leonard Ave! Fully Remodeled Duplex with R3 Zoning & ADU Potential Excellent opportunity to own a beautifully remodeled duplex, perfect for investors or owner-occupants alike. Both units have been thoughtfully upgraded with major improvements including a new main electrical panel and subpanels, new roofs, updated flooring throughout, along with fully renovated kitchens and bathrooms. Mini split for heating and cooling in the front unit and central air and heating in the rear. The front unit features a 3-bedroom, 1-bath layout (currently configured as a 2-bedroom, 1-bath), offering flexibility to suit various living needs. The rear unit is a spacious 3-bedroom, 2-bath. Each unit includes its own in-unit washer and dryer area, providing added convenience and independence for occupants. Also parking situated behind the units that consist or a carport for 3 cars and plenty of space. Situated on an R3-zoned lot, the property offers excellent potential for future development, including the possibility of adding an ADU (buyer to verify). This property is ideal for a 1031 exchange buyer or for someone looking to live in one unit while generating rental income from the other. Turnkey, versatile, and full of upside—don’t miss this opportunity.
No exterior & parking available.
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 | 1,960 | 1,630.5 | 75% |
| Lot Size | 5,427 | 5,791 | 42% |
| Price | $950.0K | $717.5K | 92% |
| Price per sq ft | $485 | $471 | 67% |
| Built year | 1927 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 218 | 8% |
Apr 28, 2026
$949,999
Initial Listing
Jan 23, 2026
$735,000
Public Record