
East Los Angeles, California 90022
This Value-Add Residential Income Duplex is listed at $815,000, representing a strategic acquisition aligned with its $740,484 Fair Market Value. The property’s primary strength lies in its R3 Zoned Lot and two detached units, which provide a clear path for expansion via an ADU or a third unit. Currently maintaining a Condition Rating of 4, the dated interior offers significant potential for forced appreciation through modern updates. Featuring Separately Metered Utilities and proximity to the Los Angeles Unified School District, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 658 Oakford Subject | $699,800* List Price | 0 | 0 | 1,786 | $451 | - |
A 629 Eastmont Avenue Sold | $900,000 | 0 | 0 | 1,897 | $474 | 0.2 mi |
B 946 S Ferris Active | $730,000 List Price | 0 | 0 | 1,610 | $453 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1967, the property is over 50 years old and shows signs of age. The presence of window AC units indicates a lack of modern central HVAC systems, and the exterior stucco and concrete show typical wear for a property of this vintage. While functional as a duplex, it is dated and likely requires interior updates to kitchens and bathrooms to meet modern standards.
The R3 zoning and detached unit configuration provide a significant opportunity to add value and increase cash flow by constructing an ADU or an additional third unit.
Boasting high walkability to Atlantic, Beverly, and Whittier Boulevards, the property offers tenants easy access to local amenities and major freeway arteries including the 60, 5, and 710.
The units are separately metered for utilities, which minimizes landlord overhead expenses and simplifies the management of tenant-paid services.
Built in 1967, the property may require immediate capital expenditures for system upgrades or cosmetic renovations to achieve top-of-market rental rates.
While zoned R3, the sub-5,000 square foot lot size may present challenges in balancing the addition of new units with required parking and outdoor living space.
Prime rental opportunity in ELA! Separately metered, 2 detached two-bedroom units situated on an R3 zoned lot with plenty of parking area. Offering future strong income potential with the possibility to add an additional unit or ADU. Walking distance to Atlantic Blvd, Beverly Blvd & Whittier Blvd offering convenient access to popular restaurants, shops and local food trucks. Close to 60, 5, 710 fwys
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,786 | - |
| Lot Size | 4,998 | - |
| Price | $699.8K | $773.4K |
| Price per sq ft | $392 | $471 |
| Built year | 1967 | 0 |
| HOA | $0 | $0 |
| Days on market | 85 | 67 |
Jun 21, 2026
$699,800
$765,000
-9% Price Drop
Initial Listing
Jun 7, 2026
$765,000
$815,000
-6% Price Drop
Initial Listing
Apr 28, 2026
$815,000
Initial Listing