
Los Angeles, California 90001
This Residential Income Duplex is a High-Potential Investment Opportunity located in a high-demand rental corridor. Listed at $799,000 with a $704,374 Fair Market Value, the property is positioned for a buyer who can capitalize on its significant "upside potential." The 1935 construction holds a Condition Rating of 5, indicating a need for comprehensive system updates and cosmetic rehabilitation. Proximity to Sofi Stadium, USC, and Wisdom Elementary (rated 5/10) provides a strong foundation for future appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Contractors.
Property is extensive renovation needed.
Built in 1935, this property shows significant signs of age and deferred maintenance. The exterior features faded paint, rusted fencing and stair railings, and an older roof, indicating a need for substantial exterior rehabilitation. The listing description explicitly mentions 'lots of upside potential' and implies a need for 'substantial investment in updates, repairs, and modernization of systems (e.g., plumbing, electrical, HVAC).' Given the age and lack of apparent recent renovations, the kitchens and bathrooms are almost certainly outdated and would require full renovation. This property requires extensive repairs and rehabilitation to meet modern living standards.
As a Duplex classified as 'Residential Income,' the property offers immediate potential for rental income, appealing to investors seeking cash flow.
Its close proximity to major freeways (110 and 105), Downtown Los Angeles, and LAX provides excellent connectivity and makes it highly attractive to potential tenants.
Located minutes away from significant sports and entertainment venues like Sofi Stadium, BMO Stadium, The Coliseum, Hollywood Park, and the future George Lucas Museum, enhancing its desirability and long-term appreciation potential.
Built in 1935, the property is likely to require substantial investment in updates, repairs, and modernization of systems (e.g., plumbing, electrical, HVAC) to meet current standards and maximize its potential.
While offering 'upside potential,' the description lacks details on the current condition of the units, implying that significant renovation or repair work may be necessary to capitalize on this potential, leading to additional upfront costs.
Phrases like 'PRICED FOR QUICK SALE' and 'VERY MOTIVATED SELLER' can suggest a need for a rapid transaction, which might indicate underlying issues with the property or market, requiring thorough due diligence from the buyer.
PRICED FOR QUICK SALE. Two-story building with lots of upside potential. Close proximity to 110 and 105 Freeways, and minutes away from Downtown Los Angeles, USC, BMO Stadium, The Coliseum, Exposition Park, Future George Lucas Museum, Sofi Stadium, Hollywood Park, The Forum, Intuit Dome, home of the Clippers, and LAX and many shops and other amenities. VERY MOTIVATED SELLER, SO BRING ALL REASONABLE OFFERS.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 mi
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 | 2,940 | 2,038 | 86% |
| Lot Size | 4,807 | 5,101.5 | 36% |
| Price | $799.0K | $764.5K | 59% |
| Price per sq ft | $272 | $381 | 9% |
| Built year | 1935 | 1928 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 147 | 153 | 50% |
Nov 26, 2025
$799,000
Initial Listing