
Los Angeles, California 90011
This property presents a High-Potential Investment Opportunity with a List Price of $699,999—positioned above the $629,890 Fair Market Value. While the property requires significant capital investment due to its Condition Rating of 5, the 2,000 sqft duplex layout on a 6,131 sqft lot offers substantial value-add potential. The inclusion of a private patio and proximity to major transit routes support consistent rental demand. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to maximize long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 632 E 45th Subject | $699,999* List Price | 0 | 0 | 2,000 | $315 | - |
A 288 E 43rd Sold | $686,734 | 0 | 0 | 1,740 | $395 | 0.3 mi |
B 1407 E 50th Street Sold | $734,000 | 0 | 0 | 2,141 | $343 | 0.9 mi |
C 1134 E 45th Street Sold | $575,000 | 4 | 4 | 2,037 | $282 | 0.5 mi |
D 725 E 40th Place Active | $849,995 List Price | 0 | 0 | 2,135 | $398 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no evidence of major recent renovations. Interior photos reveal peeling paint, dated tile flooring, and aging windows, indicating the property requires a significant rehab to address cosmetic and likely systemic obsolescence.
As a 2,000 sqft duplex in a high-demand rental market, this property offers excellent cash flow opportunities for investors or owner-occupants looking to offset their mortgage.
Situated near major transit routes and employment centers in the Downtown L.A. area, the property ensures consistent tenant demand and long-term appreciation potential.
The generous 6,131 sqft lot provides significant space for future improvements, such as an ADU or outdoor upgrades, to further increase the property's equity and utility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 2322.
The majority of assigned public schools in the immediate vicinity have low performance ratings, which may limit the property's appeal to families prioritizing education.
Built in 1964 and described as needing personalization, the property likely requires immediate capital investment for updates to compete with modernized units in the area.
A versatile South LA property offering strong potential for both homeowners and investors. The home features a functional layout with ample room to personalize, along with a usable lot that supports future improvements or added value. Located near major transit routes, schools, and employment centers, this property sits in a high-demand area known for consistent rental activity and long-term growth. With solid fundamentals and flexible possibilities, it presents an excellent opportunity for those looking to build equity or expand their portfolio.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,000 | 2,187.451 |
| Lot Size | 6,131 | 5,841.385 |
| Price | $700.0K | $841.5K |
| Price per sq ft | $350 | $385 |
| Built year | 1964 | 1928 |
| HOA | $0 | $0 |
| Days on market | 8 | 85 |
Sep 1, 2026
$699,999
Initial Listing
Feb 19, 2021
$580,000
Public Record