7659 Miramonte Boulevard, Los Angeles, California 90001, Los Angeles, 90001 - bed, bath

7659 Miramonte Boulevard, Los Angeles, California 90001 home-pic-0
ACTIVE$725,000$1,400/sqft
7659 Miramonte Boulevard, Los Angeles, California 90001
0Bed
0Bath
1,400Sqft
6,210Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Excellent Income Potential: The duplex configuration explicitly offers 'excellent income potential' and is a 'smart option for homeowners and investors alike' by allowing one unit to be rented out.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 1285.

Compared to the nearby listings

Price:$725.0K vs avg $708.0K (+$17,000)73%
Size:1,400 sqft vs avg 1,320 sqft55%
Price/sqft:$518 vs avg $47864%

More Insights

Built in 1924 (102 years old).
Condition: The property, built in 1924, shows signs of regular upkeep and some cosmetic updates, particularly in the front unit's kitchen (stainless steel appliances, granite countertops, laminate flooring) and one bathroom. However, these updates appear piecemeal and not a comprehensive recent renovation of the entire duplex. The rear unit's kitchen and bathroom are more dated, and some bedrooms show wear. While functional, the age of the property suggests major systems are likely older and may require future attention, aligning with the 'fair' category's description of an aged but maintained home with functional but outdated major components.
Year Built
1924
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$518
HOA
-
Days on market
-
Sold On
-
MLS number
DW26005247
Home ConditionFair
Features
Good View:
Patio
View-

About this home

Welcome to this versatile duplex offering comfort, space, and excellent income potential. The front unit features 3 bedrooms and 2 bathrooms, providing a comfortable layout ideal for owner-occupancy. The rear unit offers a 1-bedroom, 1-bathroom configuration, perfect for extended family, guests, or rental income. Enjoy generous front and backyard spaces, ideal for outdoor entertaining, gardening, play areas, or the possibility of creating a relaxing patio retreat. The ample outdoor areas add flexibility and value rarely found in similar properties. This property presents a fantastic opportunity to live in one unit while renting the other, making it a smart option for homeowners and investors alike. Conveniently located near grocery stores, shopping, and everyday conveniences, this duplex offers both comfort and accessibility.

W
Werner Rosales
Listing Agent

Price History

Date
Event
Price
05/13/94
Sold
$145,000
Condition Rating
Fair

The property, built in 1924, shows signs of regular upkeep and some cosmetic updates, particularly in the front unit's kitchen (stainless steel appliances, granite countertops, laminate flooring) and one bathroom. However, these updates appear piecemeal and not a comprehensive recent renovation of the entire duplex. The rear unit's kitchen and bathroom are more dated, and some bedrooms show wear. While functional, the age of the property suggests major systems are likely older and may require future attention, aligning with the 'fair' category's description of an aged but maintained home with functional but outdated major components.
Pros & Cons

Pros

Excellent Income Potential: The duplex configuration explicitly offers 'excellent income potential' and is a 'smart option for homeowners and investors alike' by allowing one unit to be rented out.
Versatile Living Arrangements: Features a 3-bedroom, 2-bathroom front unit and a 1-bedroom, 1-bathroom rear unit, providing flexibility for owner-occupancy, multi-generational living, or dual rental income.
Generous Outdoor Spaces: Boasts 'generous front and backyard spaces, ideal for outdoor entertaining, gardening, play areas, or the possibility of creating a relaxing patio retreat,' adding significant lifestyle value.
Convenient Urban Location: Situated in Los Angeles, 'conveniently located near grocery stores, shopping, and everyday conveniences,' enhancing desirability and tenant appeal.
Desirable Property Type: A duplex in a major metropolitan area like Los Angeles is a highly sought-after asset class, offering both investment stability and potential for appreciation.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 1285.
Property Age (1924): Built in 1924, the property's age suggests potential for outdated infrastructure (plumbing, electrical) and deferred maintenance, which may require substantial capital expenditure for upgrades.
Unspecified Interior Condition: The description does not highlight any recent interior renovations or modern updates, implying that kitchens, bathrooms, and other living spaces might be dated and require significant investment to appeal to contemporary tastes.
Potential for Higher Operating Costs: Older properties often come with increased maintenance demands and potentially less energy-efficient systems, which could lead to higher ongoing operating costs for the owner.
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