731 Hendricks, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
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731 Hendricks
Los Angeles, California 90022
ACTIVE
CONDITION: POOR
0Beds
0Baths
1,908Sq Ft
6,616Lot Size
Property Price
LIST PRICE$649,000
EST. MARKET VALUE
$664,350
SUMMARY
This triplex presents a High-Potential Investment Opportunity with a List Price of $649,000—positioned well below the $664,350 Fair Market Value by 2%. This valuation gap offers $15,350 in Instant Equity for buyers. Featuring a Fair Condition Rating, the property requires significant renovation to maximize its rental yield. Its strategic location in East Los Angeles provides strong demand for multi-family assets. This is a value-add acquisition ideal for Buy-and-Hold Investors or Contractors seeking to force appreciation.
Estimated Market Value
$664,350
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 |
|---|---|---|---|---|---|---|
★ 731 Hendricks Subject | $649,000* List Price | 0 | 0 | 1,908 | $348 | - |
A 5354 Louis Sold | $807,000 | 3 | 3 | 1,831 | $441 | 0.9 mi |
B 616 Eastmont Sold | $625,000 | 0 | 0 | 2,250 | $278 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1929 (97 years old) with no evidence of recent renovations, this property is explicitly marketed as an 'AS-IS' investment project that 'needs work.' The exterior shows visible signs of deferred maintenance like peeling paint, and the age suggests that major systems and interiors likely require a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation Potential
As a triplex, this property offers three separate units, providing multiple revenue streams and high desirability for investors seeking long-term rental income in a dense market.
- Strategic Location
Ideally situated in East Los Angeles bordering Montebello, the property benefits from a high-demand rental area with strong proximity to local commerce and transportation.
- Value-Add Opportunity
The property serves as an excellent project for contractors or investors to force appreciation through renovations, allowing for a significant increase in market rent potential.
CONSRISKS & DEFICIENCIES
- Significant Deferred Maintenance
The property is being sold in 'as-is' condition and requires substantial work, necessitating a large upfront capital expenditure for repairs and modernization.
- Aging Infrastructure
Built in 1929, the structure likely features outdated systems that may require costly upgrades to meet current building codes and tenant expectations.
About 731 Hendricks
**Excellent Investment Opportunity**In East Los Angeles Great Opportunity For Investors! This Three-Unit Property Is Ideally Located In The East Los Angeles Area, Conveniently Bordering Montebello. With Strong Rental Potential And A Desirable Location, This Property Offers An Excellent Opportunity For An Investor Looking To Add Value And Build Long-Term Income Potential. The Property Needs Work And Is Being Offered AS-IS CONDITION; NO REPAIRS WILL BE DONE! This Makes It an Ideal Project For Investors, Contractors, Or Buyers Looking For An Opportunity To Renovate And Maximize The Property’s Potential. With The Right improvements, There Is Significant Potential To Enhance The Property And Achieve Strong Market Rents. Don’t Miss This Opportunity! Properties With This Type Of Investment Potential Are Hard To Find. Bring Your Vision And Take Advantage Of This Great Deal In A Well-Located Area. Submit Your Offer Today! This Opportunity Will Not Last.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1929
- Lot Size
- 6,616 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 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,908 | 2,187.451 |
| Lot Size | 6,616 | 5,841.385 |
| Price | $649.0K | $841.5K |
| Price per sq ft | $340 | $385 |
| Built year | 1929 | 1928 |
| HOA | $0 | $0 |
| Days on market | 26 | 85 |
Pricing History
Listed for Sale
Aug 14, 2026
$649,000
Initial Listing