
Los Angeles, California 90022
This Residential Income Duplex represents a Prime Investment Opportunity, listed at $825,000—positioned well below the $845,002 Fair Market Value by 2%. This valuation gap provides $20,002 in Instant Equity. The property features two well-maintained units with significant system upgrades, including a newer roof, central air (2018), and updated electrical, all within the desirable Montebello School District. With a Condition Rating of 3, the homes offer immediate rental income or a strategic house-hack setup. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational living arrangement.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 727 S Eastmont Avenue Subject | $815,000* List Price | 0 | 0 | 1,927 | $428 | - |
A 468 S Fetterly Sold | $700,000 | 5 | 2 | 1,888 | $371 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property demonstrates strong pride of ownership with significant system upgrades including a newer roof, central air conditioning installed in 2018, and updated 220v electrical. While the kitchen and bathrooms feature dated aesthetics such as older tile countertops and cabinetry, the units are move-in ready, well-maintained, and feature durable tile flooring throughout.
The 'two-on-a-lot' configuration provides excellent flexibility for investors seeking rental income or owner-users looking for a multi-generational living setup.
The property boasts pride-of-ownership condition with a newer roof, central air conditioning installed in 2018, and updated 220v electrical systems.
Located in the desirable Montebello School District and within walking distance to shopping and multiple bus lines, ensuring high tenant demand.
The rear house is currently used as a 4-bedroom despite being originally built as a 3-bedroom, placing the burden of permit verification on the buyer.
Both units feature high bedroom counts (3 and 4 bedrooms) but only one bathroom each, which may be a drawback for larger families and impact rental value.
Back on the Market. Two-On-A-Lot located in highly desirable location - walk to shopping, multiple bus lines and part of Montebello School District. Pride of Ownership condition with newer roof, central air (installed in 2018), updated electrical (220v for AC), and tile flooring throughout. Front house (729) originally 2-bedroom, 1 bath when built in 1923, but third bedroom added with permits - now 3-bedroom 1 bath. Rear house (727) was built in 1957 - originally 3-bedroom, 1 bath, but currently used as 4-bedroom, 1 bath; Buyers to satisfy themselves as to permits. Long term tenants are month-to-month and would like to stay. Good rental income for investors, and/or great setup for owner-user. Do NOT disturb tenants. Write offer subject to interior inspection.
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 | 1,927 | 1,892.5 | 57% |
| Lot Size | 7,006 | 6,351 | 79% |
| Price | $815.0K | $759.0K | 71% |
| Price per sq ft | $423 | $433 | 50% |
| Built year | 1923 | 1928 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 239 | 7% |
Apr 10, 2026
$815,000
$825,000
-1% Price Drop
Initial Listing
Feb 16, 2026
$825,000
Initial Listing