731 S Mott, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This Residential Income Duplex in Boyle Heights is a strategic Value-Add Asset listed at $479,000, reflecting a stable valuation relative to its $471,385 Fair Market Value. The property carries a Condition Rating of 4 due to unpermitted updates, offering significant upside through permit regularization and cosmetic modernization. Featuring essential infrastructure like copper plumbing, new roofs, and a private courtyard patio, the location ensures high rental demand near Downtown Los Angeles with local schools within walking distance. This is an ideal acquisition for Buy-and-Hold Investors or Contractors.
Property is moderate renovation needed.
This 1922 duplex is functional but shows clear signs of age and deferred cosmetic maintenance, such as peeling wallpaper and dated finishes. While the owner reports significant system updates like copper plumbing, newer roofs, and electrical wiring, much of the work was unpermitted. The kitchen features dated oak cabinets and older appliances, and while one bathroom is recently updated, the overall aesthetic and the 'DIY' nature of the property require minor to moderate repairs and modernization to meet current market standards.
This duplex offers excellent flexibility for an owner-user to live in one unit while renting the other, or for an investor to lease both units in a high-demand area near Downtown Los Angeles.
The property boasts essential modern updates including copper plumbing, electrical wiring, new roofs for both structures, and a brand-new bathroom in the front residence.
Situated just three miles from DTLA and half a block from public transit, the property is within walking distance to schools, parks, and churches, ensuring strong tenant appeal.
Most renovations were completed by the homeowner without permits, which may present challenges for traditional financing and require future code compliance corrections.
The property is subject to City of Los Angeles rent control ordinances, which limits the owner's ability to increase rents to market rates and impacts long-term ROI.
Great duplex with lots of income potential. Either live in one home and rent the other or just rent both homes. Property is under rent control with the City of Los Angeles. Home is approximately three miles from downtown Los Angeles. Bus transportation half-block away. Elementary, Junior High, and High schools within walking distance. Several public parks and churches nearby. Most work completed by homeowner without permits. Updated copper plumbing, electrical wiring, and new roofs to both homes. A new bathroom with grab bars in the front home in 2025 and an updated bathroom to rear home approx. 15-years ago. The rear home is a studio floor plan. The front home has a large living room with a one bedroom. Front residence has oak floors in the living room and bedroom, with tile in the bathroom, kitchen, laundry room and cover garden porch. Kitchen has oak cabinets. There are two window A/Cs for cooling and a wall furnace for heating. The rear home has a mini-split for cooling and heating in 2021. Vinyl flooring in the studio and bathroom with wood flooring in the kitchen. There are five seasoned fruit trees: Orange, Mandarin, Fig, Pomona Sweet Lemon, and Persimmon. A court yard separates the two homes. These homes are priced right for the DIY person. Save lots of money in property taxes.
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 | 984 | 1,758 | 8% |
| Lot Size | 4,857 | 5,983 | 38% |
| Price | $479.0K | $705.0K | 8% |
| Price per sq ft | $487 | $410 | 62% |
| Built year | 1922 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 180 | 8% |
Apr 14, 2026
$479,000
Initial Listing