715 S Record, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This Dual-Unit Residential Income Property is a Strong Value Opportunity listed at $799,000—positioned well below the $846,303 Fair Market Value by 5%. This valuation gap provides $47,303 in Instant Equity for the incoming buyer. Featuring a fully remodeled 3-bedroom front unit with a new roof, HVAC split units, and modern kitchen, the asset maintains a Good Condition Rating while offering value-add potential in the tenant-occupied rear unit. Located minutes from Downtown Los Angeles, it is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 715 S Record Subject | $799,000* List Price | 0 | 0 | 1,903 | $445 | - |
A 1059 S Record Active | $699,900 List Price | 0 | 0 | 1,746 | $401 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a duplex where the front unit has been extensively renovated within the last year, featuring a new roof, HVAC split units, modern laminate flooring, white shaker kitchen cabinets, and updated bathroom vanities. While the front unit meets 'excellent' criteria, the back unit is tenant-occupied and requires 'TLC' and modernization. The combination of a fully turnkey primary unit and a functional but dated secondary unit results in an overall score of good.
As a duplex in a high-demand area, this property offers excellent versatility for an owner-occupant to live in one unit while offsetting their mortgage with rental income from the second unit.
The front unit has been comprehensively remodeled with high-value improvements including a new roof, HVAC electric split units, updated kitchen cabinetry, and modern flooring, ensuring immediate move-in readiness.
Situated just minutes from Downtown Los Angeles with easy freeway access and proximity to local amenities, the property is ideally positioned for long-term appreciation and low vacancy rates.
The property was recently sold within the past year on 2025-10-10. The sold price is $580,000.00. The property was recently sold within the past year on 2025-10-06. The sold price is $580,000.00.
The back unit requires 'TLC' and modernization, which will necessitate additional capital expenditure from the buyer to bring it up to the same standard as the front unit.
The back unit is currently tenant-occupied, which may present challenges for immediate renovations or adjusting rents to current market rates depending on existing lease terms and local regulations.
Come take a look at this DUPLEX in the heart of East Los Angeles. Unit one 3 bedroom 1 bath fully remodeled. New floor, paint (interior & exterior), kitchen cabinets, countertops, bathroom vanity, light fixtures,doors, hardware, HVAC Electric Split Unit, and roof!! Back unit is a 2 bedroom 1 bath as well and spacious jsut needs tome TLC. Back unit is tenant occupied. Great oppurtunity to live in one and collect rent in the other or rent them both for investment! Located near freeways, plenty of shopping, and amazing eateries. Just minutes from DownTown Los Angeles! Must See!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,903 | 1,828 | 54% |
| Lot Size | 5,834 | 5,983 | 46% |
| Price | $799.0K | $710.9K | 69% |
| Price per sq ft | $420 | $410 | 54% |
| Built year | 1904 | 1922 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 180 | 8% |
Feb 27, 2026
$799,000
Initial Listing
Oct 10, 2025
$580,000
Public Record
Oct 6, 2025
$580,000
Public Record