
Los Angeles, California 90011
This Residential Income Duplex presents a Strong Value Opportunity with a List Price of $719,000—positioned well below the $762,440 Fair Market Value by 5%. This valuation gap provides $43,440 in Instant Equity. Featuring a substantial 7-bedroom configuration and a 6,131 sqft lot, the property holds a Condition Rating of 4, indicating functional systems that require cosmetic modernization. Its proximity to major transit and the potential for an ADU make it a high-demand rental asset. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 632 E 45th Subject | $699,999* List Price | 7 | 3 | 2,322 | $310 | - |
A 1241 E 43rd Sold | $555,000 | 0 | 0 | 2,362 | $235 | 0.7 mi |
B 5123 S San Pedro St Sold | $775,000 | 0 | 0 | 2,517 | $308 | 0.6 mi |
C 1334 E 43rd Street Sold | $843,000 | 0 | 0 | 2,440 | $345 | 0.8 mi |
D 203 E 56th Street Sold | $745,000 | 0 | 0 | 1,926 | $387 | 0.8 mi |
E 317 E 36th Sold | $695,000 | 0 | 0 | 2,868 | $242 | 1.0 mi |
F 1138 E 45th Street Pending | $600,000 List Price | 5 | 4 | 2,460 | $244 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is functional and appears maintained but is significantly dated. The kitchens feature older cabinetry and countertops, and the bathrooms show aged tiling and fixtures. While there are some updates like laminate flooring, the overall interior and exterior require cosmetic modernization and likely system updates to meet current standards.
As a duplex featuring a substantial 7-bedroom and 3-bathroom configuration, this property offers significant rental yield potential or a flexible multi-generational living arrangement in a high-demand market.
Located in the Downtown L.A. area with proximity to major transit routes and employment centers, the property is well-positioned for consistent occupancy and long-term growth.
The generous 6,131 sqft lot and functional layout provide a solid foundation for future improvements or the potential addition of an ADU, allowing investors to maximize the property's equity.
The majority of local public schools are rated 2 or 3 out of 10, which may limit the property's appeal to families seeking high-quality educational environments.
Given the 1964 construction and the description's emphasis on personalization, the property likely requires capital investment for modern upgrades and repairs to achieve top-tier market value.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 0.0 | 97% |
| Baths | 3.0 | 0.0 | 81% |
| Square foot | 2,322 | 2,040.5 | 63% |
| Lot Size | 6,131 | 5,307 | 69% |
| Price | $700.0K | $735.0K | 47% |
| Price per sq ft | $301 | $364 | 34% |
| Built year | 1964 | 1913 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 209 | 6% |
Apr 15, 2026
$699,999
$719,000
-3% Price Drop
Initial Listing
Mar 3, 2026
$719,000
Initial Listing
Feb 19, 2021
$580,000
Public Record