634 Romulo Street, Los Angeles, California 90065, Los Angeles, 90065 - bed, bath

634 Romulo Street, Los Angeles, California 90065 home-pic-0

634 Romulo Street

Los Angeles, California 90065

ACTIVE
CONDITION: POOR
0Beds
0Baths
1,276Sq Ft
5,049Lot Size

Property Price

LIST PRICE$925,000

SUMMARY

Analysis of 634 Romulo Street, Los Angeles, California 90065 is currently available with a list price of $925,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1925, this property is nearly a century old. The listing explicitly states 'advanced age & potential for deferred maintenance,' 'outdated systems (plumbing, electrical),' and 'requires substantial renovation/customization.' The exterior images confirm a very dated appearance with an old roof, worn paint, and security bars, indicating no significant recent updates. While it's an income-generating triplex, its current condition necessitates substantial repairs and rehabilitation, including likely full replacement of kitchens and bathrooms, to meet modern standards or provide comfortable living. This aligns with the 'poor' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Income-Generating Triplex

    Offers three 1-bedroom units, providing immediate rental income potential for investors or owner-occupants seeking mortgage offset.

  • Prime & Growing Neighborhood

    Located in the 'vibrant' and 'on the rise' Cypress Park, known for its creative energy, diverse dining, and proximity to popular LA hotspots like Highland Park and the LA River Bike Path, promising excellent long-term value.

  • Significant ADU Development Potential

    Features a generously sized 5049 sqft lot, explicitly noted for its potential for future Accessory Dwelling Unit (ADU) development, offering substantial value addition and increased income capacity.

CONSRISKS & DEFICIENCIES

  • Advanced Age & Potential for Deferred Maintenance

    Built in 1925, the property is nearly a century old, suggesting potential for outdated systems (plumbing, electrical) and significant deferred maintenance requiring substantial capital investment for renovations and upgrades.

  • Small Unit Footprint

    The total 1276 sqft for three 1-bedroom units indicates relatively small individual unit sizes, which could limit tenant appeal or command lower rental rates compared to properties with larger units.

  • Requires Substantial Renovation/Customization

    The description implies the property is not turn-key, highlighting 'opportunity for customization' and being 'ready to shine,' indicating that significant renovation and modernization efforts will be necessary to maximize its market value and appeal.

About 634 Romulo Street

Nestled in the heart of the vibrant and centrally located Cypress Park neighborhood, this triplex offers endless potential for homeowners and investors alike. Featuring three units, each with unique character and charm, this property provides the perfect blend of functionality and opportunity for customization. The property includes three 1-bedroom units. Set on a generously sized lot, there’s plenty of outdoor space to reimagine for entertaining, gardening, or future ADU Development. Situated on a quiet street with easy access to shops, restaurants, and parks, this property is also a commuter’s dream, with close proximity to major freeways and public transportation options. Cypress Park is a neighborhood on the rise, known for its growing creative energy, diverse dining options, and outdoor recreation. Just minutes from hotspots like Highland Park, Frogtown, and the LA River Bike Path, this triplex is ideally positioned for those seeking a dynamic lifestyle and excellent long-term value. Whether you’re looking to generate rental income, create a multi-generational living space, or craft your dream home, this property is a rare opportunity to own in one of LA’s most exciting neighborhoods. Don’t miss out—this gem is ready to shine!

Property Details

Public Facts

Property Type
Triplex
Year Built
1925
Lot Size
5,049 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot1,2761,316
29%
Lot Size5,0496,062
14%
Price$925.0K$925.0K
50%
Price per sq ft$725$608
71%
Built year19251925
50%
HOA$0$0
50%
Days on market403213
0%

Pricing History

Listed for Sale

Jan 27, 2025

$925,000

Initial Listing

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