
Los Angeles, California 90022
This property presents a High-Potential Investment Opportunity with a List Price of $815,000—positioned slightly above the $793,664 Fair Market Value. While the price reflects current market stability, the asset offers significant upside through its Multi-Unit Income Potential and ADU Conversion Opportunity via the existing two-car garage. With a Condition Rating of 4, the property features modern interior updates while allowing for further value-add modernization. This versatile duplex is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Property is moderate renovation needed.
The property was built in 1950 and features cosmetic updates like refinished hardwood floors and newer appliances. However, the kitchen cabinetry, tile countertops, and bathroom fixtures are dated (likely >20 years old) and require modernization to meet current standards.
The property features two separate residences (2BR/1BA and 1BR/1BA) on one lot, offering immediate rental income or flexible multi-generational living options for owner-occupants.
The attached two-car garage presents a significant value-add opportunity for conversion into a third income-generating unit (ADU), maximizing the property's total return on investment.
Both units boast attractive modern updates including refinished hardwood floors, updated kitchens, and fresh interior finishes, significantly reducing the need for immediate capital expenditure.
Originally built in 1950, the property may require more frequent maintenance or future upgrades to aging core systems like plumbing and electrical compared to newer constructions.
With two existing units and a garage situated on a sub-5,000 sq. ft. lot, the shared outdoor area is relatively compact, which could impact tenant privacy and appeal if a third unit is added.
Exceptional Duplex Opportunity – Ideal for Owner-Occupants or Investors! Welcome to this Amazing duplex offering two separate homes on one lot, perfectly designed for multi-generational living or income-producing potential. The front residence features 2 spacious bedrooms and 1 bathroom, highlighted by refinished hardwood floors, an inviting living room with abundant natural light, and a charming decorative fireplace. The updated kitchen includes a cozy dining area and convenient indoor laundry hookups. Privately situated in the rear, the second residence offers 1 bedroom, 1 bathroom ,now vacant fresh interior finishes, hardwood flooring, and its own attached 2-car garage, providing excellent flexibility for rental income, extended family, or a private home office. The double-car garage is a perfect opportunity for an ADU that could generate a third income. Situated on an approximately 4,952 sq. ft. lot, this property offers ample parking, a shared outdoor space for entertaining or relaxing, and separate entrances for added privacy. Conveniently located near the city of Montebello, with access to shopping, dining, schools, parks, major freeways, and public transportation, this is an outstanding opportunity to own a versatile duplex in a highly accessible East Los Angeles location. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this property delivers exceptional value and endless possibilities
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,661 | 2,090.331 |
| Lot Size | 4,954 | 5,852.908 |
| Price | $815.0K | $830.9K |
| Price per sq ft | $491 | $394 |
| Built year | 1950 | 1928 |
| HOA | $0 | $0 |
| Days on market | 101 | 87 |
Jul 31, 2026
$815,000
Initial Listing
Aug 2, 2019
$600,000
Public Record