7721 Bell Avenue, Los Angeles, California 90001, Los Angeles, 90001 - 0 bed, 0 bath
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Los Angeles, California 90001
This property presents a Strong Value Opportunity with a List Price of $799,000—positioned well above the $744,175 Fair Market Value by 7%. Despite the premium, this Buy-and-Hold Investor asset features a Good Condition Rating with a brand-new, permitted ADU and renovated duplex units. With all units delivered vacant, the property allows for immediate market-rate leasing. This is an ideal acquisition for Owner-Occupants seeking a "house hack" to offset mortgage costs or investors prioritizing efficient, separate-metered utility management in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7721 Bell Avenue Subject | $799,000* List Price | 0 | 0 | 1,568 | $497 | - |
A 7672 Whitsett Avenue Sold | $650,000 | 6 | 4 | 1,520 | $428 | 0.1 mi |
B 1238 E 71st Pending | $740,000 List Price | 0 | 0 | 1,676 | $442 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1943, the property features a brand-new ADU and a fully renovated duplex. Interior images show modern kitchens with shaker cabinets, quartz countertops, and stainless steel appliances (some with protective film still attached), along with new flooring and mini-split HVAC systems, indicating a comprehensive renovation within the last 5 years.
The property features three distinct units including a brand-new, fully permitted ADU, providing multiple revenue streams and maximizing the return on investment for a residential income property.
All units will be delivered vacant at the close of escrow, allowing the new owner to bypass rent control limitations and immediately secure tenants at current market rates.
Each unit is equipped with its own separate meter, significantly reducing landlord operating expenses and simplifying utility billing for tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1568, other record living area = 1008.
With three units situated on a relatively small 3,325 sqft lot, outdoor living space and on-site parking options are likely constrained for the number of residents.
While the ADU is brand new, the original duplex dates back to 1943, which may necessitate ongoing maintenance or upgrades to aging systems compared to modern builds.
Welcome to this prime investment opportunity in the heart of South Los Angeles. This well-maintained duplex with a brand-new, fully permitted ADU offers exceptional income-producing potential for both investors and owner-occupants. Situated on a generously sized lot, the property features a front unit with 2 bedrooms and 1 bathroom, an additional 2-bedroom, 1-bathroom unit upstairs, and a newly constructed ADU also offering 2 bedrooms and 1 bathroom. All of the units will be delivered vacant at the close of escrow. Each unit is equipped with its own separate meter, adding convenience for utility management and maximizing rental efficiency. The spacious lot offers ample room for outdoor entertaining, future expansion, or additional development possibilities. Conveniently located near major freeways, shopping centers, schools, and public transportation, this property combines accessibility with everyday comfort.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,568 | 2,250 |
| Lot Size | 3,325 | 5,864 |
| Price | $799.0K | $826.7K |
| Price per sq ft | $510 | $395 |
| Built year | 1943 | 1925 |
| HOA | $0 | $0 |
| Days on market | 71 | 83 |
May 12, 2026
$799,000
Initial Listing
Aug 1, 2018
$420,000
Public Record
Feb 29, 2016
$285,000
Public Record
Dec 21, 2010
$151,000
Public Record
Jul 15, 2005
$275,000
Public Record