634 Romulo Street, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 3 bath
Loading property details...
634 Romulo Street
Los Angeles, California 90065
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,276Sq Ft
5,049Lot Size
Property Price
LIST PRICE$777,777
EST. MARKET VALUE
$745,969
4% AboveMARKET VALUE
SUMMARY
This triplex presents a High-Potential Investment Opportunity with a List Price of $777,777—positioned well below the $745,970 Fair Market Value by -4%. Featuring a Condition Rating of 5, this century-old asset requires significant capital expenditure, yet offers substantial upside through unit repositioning and ADU Development Potential. Located in the high-demand Cypress Park area, this property is a strategic acquisition for Buy-and-Hold Investors or Experienced Developers seeking to maximize rental income and long-term equity growth in a transit-oriented neighborhood.
Estimated Market Value
$745,969
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 634 Romulo Street Subject 3 bd · 3 ba · 1,276 sqft · $585 | $777,777* List Price | 3 | 3 | 1,276 | $585 | - |
A 2908 Future Street Active 2 bd · 2 ba · 1,395 sqft · $487 · 0.9 mi | $680,000 List Price | 2 | 2 | 1,395 | $487 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1925 and marketed as a 'value-add' investment, this century-old triplex requires significant improvements and repositioning. The lack of mentioned upgrades to kitchens, baths, or systems, combined with the age and 'upside' potential, indicates a property in need of a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Value-Add Investment Opportunity
This triplex offers significant upside through repositioning and improvements, allowing an investor to capture market-rate rents in the high-demand Cypress Park area.
- ADU Development Potential
The property features a rear area with potential for an Accessory Dwelling Unit (ADU), providing a clear path to increase unit count, rental income, and overall asset value.
- Prime Rental Location
Situated near local businesses, dining, and transportation, the property is ideally located to attract long-term tenants in a rapidly developing Los Angeles neighborhood.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy Constraints
The property is currently tenant-occupied, which may present challenges for immediate renovations or rent adjustments under Los Angeles rent stabilization ordinances.
- Aging Infrastructure
Originally built in 1925, the property likely requires significant capital expenditure for modern upgrades to address its nearly century-old systems and structure.
About 634 Romulo Street
Excellent value-add investment opportunity in the city of Cypress Park. This tenant occupied Triplex offers an investor the opportunity to acquire an income-producing property with significant upside through future improvements and repositioning. The property offers three one bedroom residential units and a rear area that may offer potential for an ADU, creating an opportunity to increase the property's income and overall value. Conveniently located near local businesses, shopping, restaurants and transportation. Don't miss out on this amazing opportunity!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1925
- Lot Size
- 5,049 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Loreto Street Elementary School
Grades K-5 • 0.4 mi
4/10
Aragon Avenue Elementary School
Grades K-5 • 0.4 mi
2/10
Hillside Elementary School
Grades K-5 • 0.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.5 |
| Baths | 3.0 | 2.9 |
| Square foot | 1,276 | 2,090.331 |
| Lot Size | 5,049 | 5,852.908 |
| Price | $777.8K | $830.9K |
| Price per sq ft | $610 | $394 |
| Built year | 1925 | 1928 |
| HOA | $0 | $0 |
| Days on market | 60 | 87 |
Pricing History
Listed for Sale
Sep 10, 2026
$777,777
Initial Listing