731 Belden Avenue, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
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Los Angeles, California 90022
Analysis of 731 Belden Avenue, Los Angeles, California 90022 reveals a Prime Investment Opportunity with a current list price of $900,000—significantly undercutting the $1,038,446 Fair Market Value by 13%. This valuation gap indicates a +$138,446 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 731 Belden Avenue Subject | $915,000 | 0 | 0 | 2,452 | $424 | - |
A 631 Leonard Avenue Sold | $735,000 | 5 | 3 | 1,960 | $375 | 0.6 mi |
B 468 S Fetterly Sold | $700,000 | 5 | 2 | 1,888 | $371 | 0.8 mi |
C 231 Blackshear Avenue Active | $950,000 List Price | 0 | 0 | 2,271 | $418 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property consists of two homes built in 1924 and 1989. The images show that the kitchen and bathrooms in the newer house are outdated but functional. The older house is not shown in the images. The property appears to be maintained but requires updates to meet current standards.
The property features two separate homes on one lot, providing excellent income potential through renting either or both units.
Located in a prime area of East Los Angeles, close to transportation, shopping, dining, and Downtown LA nightlife.
Ideal for multigenerational families with two separate living spaces and addresses.
The front unit was built in 1924 and may require updates or renovations.
One of the garages has been enclosed, potentially limiting parking space and requiring permits for conversion.
While there is a backyard, the overall lot size is relatively small, potentially limiting outdoor activities.
This amazing property consists of two separate homes on a lot, with two separate addresses: 731 and 729. Perfectly located in prime area of the ELA unincorporated area of LA County. Close to all amenities: transportation, shopping and the exciting dining and night life experience of Downtown LA. Appealing opportunity for multigenerational families. First time on the market for over 45 years. Front unit with approx.. 747 sq.ft. offers 2 bedrooms, 1 bath and covered patio. Back two-story 1,705 sq ft house was built in 1989 with double pane windows and 2 garages. It features of 4 spacious bedrooms and 2 full bathrooms upstairs. The first floor offers a roomy welcoming living room, formal dining room, 1/2 bathroom. The kitchen will please anyone with its ample cabinetry and breakfast bar. Each home has Individual electrical and gas meters. One of the two garages was enclosed with patio sliding doors leading to the side of the property. There are two covered parking spaces off the garages and one single enclosed carport. For those summer days enjoyment, you will find a shady back yard with apple, lemon, and grapefruit mature trees. Agents, please see Private Remarks.
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 | 2,452 | 1,892.5 | 86% |
| Lot Size | 6,630 | 6,351 | 71% |
| Price | $915.0K | $759.0K | 86% |
| Price per sq ft | $373 | $411 | 21% |
| Built year | 1924 | 1928 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 366 | 260 | 79% |
Jun 6, 2025
$915,000
Public Record