718 S Grande Vista, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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718 S Grande Vista
Los Angeles, California 90023
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,854Sq Ft
5,906Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$792,054
13% AboveMARKET VALUE
SUMMARY
This Residential Income Duplex represents a High-Potential Investment Opportunity, listed at $899,000—positioned well above the $792,054 Fair Market Value by 13%. While priced above current estimates, the property features a Condition Rating of 2, highlighted by a fully remodeled front unit and R2-zoned lot with significant development potential. The combination of high rental demand in Boyle Heights and the ability to add ADUs makes this a strategic asset. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$792,054
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 718 S Grande Vista Subject 0 bd · 0 ba · 1,854 sqft · $427 | $899,000* List Price | 0 | 0 | 1,854 | $427 | - |
A 3065 E 6th Sold 0 bd · 0 ba · 1,777 sqft · $366 · 0.2 mi | $650,000 | 0 | 0 | 1,777 | $366 | 0.2 mi |
B 929 S Lorena Street Active 0 bd · 0 ba · 1,822 sqft · $400 · 0.2 mi | $729,000 List Price | 0 | 0 | 1,822 | $400 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1923, the property features a front unit that has been completely remodeled within the last 5 years. The images show mint-condition, highly modern bathrooms with updated tiling and gold fixtures, fresh interior and exterior paint, new carpeting, and a newly poured concrete driveway, indicating no immediate maintenance is required.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The property sits on a large R2-zoned lot with a spacious rear area, offering a prime opportunity for expansion or the addition of ADUs to maximize density and value.
- Turnkey Front Unit
The front 3-bedroom, 2-bath residence has been completely remodeled, providing an immediate move-in option for owner-occupants or high-market rent potential for investors.
- High Rental Demand Configuration
Featuring two large 3-bedroom units in the growing Boyle Heights market, the property is well-positioned for strong cash flow and appeals to a wide tenant base.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1854, other record living area = 1562.
- Vintage Infrastructure
Built in 1923, the property may have aging underlying systems such as plumbing or electrical that could require maintenance despite the surface-level remodels.
- Inconsistent Unit Condition
While the front unit is fully upgraded, the description suggests the rear unit may not share the same level of renovation, potentially requiring additional capital to achieve top-of-market rents.
About 718 S Grande Vista
LOS ANGELES DUPLEX WITH A REMODELED FRONT UNIT AND ROOM TO EXPLORE EXPANSION! Two 3-bedroom, 2-bath residences sit on a large R2-zoned lot with a spacious rear area offering potential for additional development. The front unit has been completely remodeled, and the upgraded front driveway provides additional parking. A compelling opportunity for buy-and-hold investors or buyers looking to live in one residence and rent the other/ Enjoy the flexibility of two residences while exploring the property’s longer-term possibilities. Have a piece of the pie into the growth and development Boyle Heights is currently undergoing.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1923
- Lot Size
- 5,906 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 1,854 | 2,090.331 |
| Lot Size | 5,906 | 5,852.908 |
| Price | $899.0K | $830.9K |
| Price per sq ft | $485 | $394 |
| Built year | 1923 | 1928 |
| HOA | $0 | $0 |
| Days on market | 56 | 87 |
Pricing History
Listed for Sale
Sep 14, 2026
$899,000
Initial Listing
Sold
May 14, 2020
$655,000
Public Record
Sold
Apr 7, 2006
$531,000
Public Record
Sold
Jul 6, 2005
$250,000
Public Record
Sold
Apr 13, 2004
$142,500
Public Record