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

634 Romulo Street
Los Angeles, California 90065
Property Price
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
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 The listing explicitly states 'advanced age & potential for deferred maintenance,' 'outdated systems (plumbing, electrical),' and 'requires substantial renovation/customization.'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Built in 1925, the property is nearly a century old, suggesting potential for outdated systems (plumbing, electrical) and significant deferred maintenance requiring substantial capital investment for renovations and upgrades.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
Aragon Avenue Elementary School
Grades K-5 • 0.4 mi
Hillside Elementary School
Grades K-5 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,276 | 1,316 | 29% |
| Lot Size | 5,049 | 6,062 | 14% |
| Price | $925.0K | $925.0K | 50% |
| Price per sq ft | $725 | $608 | 71% |
| Built year | 1925 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 403 | 213 | 0% |
Pricing History
Listed for Sale
Jan 27, 2025
$925,000
Initial Listing







