Realkey.ai
RealKey
‪(213) 433-7766‬

7672 Whitsett Avenue, Los Angeles, California 90001, Los Angeles, 90001 - bed, bath

7672 Whitsett Avenue, Los Angeles, California 90001 home-pic-0
ACTIVE$750,000$1,520/sqft
7672 Whitsett Avenue, Los Angeles, California 90001
0Bed
0Bath
1,520Sqft
6,704Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Dual Income Potential: The property features two houses on one lot, classified as a duplex and residential income property, providing immediate or future rental income streams.
Top Cons:
Incomplete ADU Project: The rear ADU is only framed, requiring significant additional capital investment, time, and project management from the buyer to complete construction and obtain final permits.

Compared to the nearby listings

Price:$750.0K vs avg $708.0K (+$42,000)73%
Size:1,520 sqft vs avg 1,320 sqft55%
Price/sqft:$493 vs avg $47855%

More Insights

Built in 1922 (104 years old).
Condition: The front house has been extensively and recently renovated, featuring new flooring, recessed lighting, and modern ceiling fans throughout. The kitchen boasts new white shaker-style cabinetry, new countertops, and a stainless-steel sink, while both bathrooms are completely updated with modern tiling and fixtures. All visible components appear virtually new and meet current quality standards, indicating a comprehensive renovation within the last 5 years.
Year Built
1922
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$493
HOA
-
Days on market
-
Sold On
-
MLS number
PW25281957
Home ConditionExcellent
Features
View-

About this home

Two houses on a lot, located in the Unincorporated Area in the County of Los Angeles, presents an excellent opportunity for an investor or builder looking to complete a partially finished project. The front house has been updated and offers 4 bedrooms and 2 bathrooms, including a primary bedroom with a private ensuite bathroom. Interior upgrades include new flooring throughout, recessed lighting, ceiling fans, and an inside laundry closet. The kitchen features new white shaker-style cabinetry, new countertops, recessed lighting, and a stainless-steel sink. The layout provides ample cabinet and counter space, along with a built-in wine refrigerator for added convenience. The rear ADU is currently under construction and is in the framing stage only, offering additional upside for the right buyer. The property offers convenient access to public transportation and is just minutes from Huntington Park’s Pacific Avenue. Centrally located near major freeways including the 110, 105, 10, and 405, with easy access to Downtown Los Angeles, SoFi Stadium, LAX, and USC.

T
Theresa La Roche
Listing Agent

Price History

Date
Event
Price
05/24/24
Sold
$594,000
Condition Rating
Excellent
The front house has been extensively and recently renovated, featuring new flooring, recessed lighting, and modern ceiling fans throughout. The kitchen boasts new white shaker-style cabinetry, new countertops, and a stainless-steel sink, while both bathrooms are completely updated with modern tiling and fixtures. All visible components appear virtually new and meet current quality standards, indicating a comprehensive renovation within the last 5 years.
Pros & Cons

Pros

Dual Income Potential: The property features two houses on one lot, classified as a duplex and residential income property, providing immediate or future rental income streams.
Recently Updated Front Unit: The primary 4-bedroom, 2-bathroom front house has been extensively updated with new flooring, recessed lighting, modern kitchen cabinetry, countertops, and appliances, making it move-in ready.
Significant Value-Add Opportunity: The rear ADU is framed and ready for completion, offering substantial upside potential for increased property value and additional rental income upon finishing.
Strategic Los Angeles Location: Centrally located with excellent freeway access (110, 105, 10, 405) providing convenient commutes to Downtown LA, SoFi Stadium, LAX, and USC, enhancing its appeal to tenants and owners.
Ideal for Investors/Builders: Explicitly marketed as an 'excellent opportunity for an investor or builder,' targeting a specific buyer demographic seeking a project with clear potential for profit and equity growth.

Cons

Incomplete ADU Project: The rear ADU is only framed, requiring significant additional capital investment, time, and project management from the buyer to complete construction and obtain final permits.
Unincorporated Area Complexities: Located in an unincorporated area of Los Angeles County, which may involve different permitting processes, regulations, and potentially fewer municipal services compared to properties within city limits.
Older Property Infrastructure: Built in 1922, the property's age, despite front unit updates, suggests potential for underlying infrastructure (plumbing, electrical, foundation) that may require future attention or significant capital expenditure.
Browse Properties by State Browse housing market trends by state