
Los Angeles, California 90001
This Residential Income Duplex represents a Strong Value Opportunity, listed at $850,000—positioned well below the $928,547 Fair Market Value by 8%. This valuation gap provides $78,547 in Instant Equity for the buyer. With a Good Condition Rating and modern 2007 construction, the property offers significant structural stability. The ability to deliver one unit vacant makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through strategic rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7831 Walnut Subject 0 bd · 0 ba · 2,736 sqft · $339 | $850,000* List Price | 0 | 0 | 2,736 | $339 | - |
A 6926 Compton Avenue Sold 0 bd · 0 ba · 2,396 sqft · $348 · 0.8 mi | $834,000 | 0 | 0 | 2,396 | $348 | 0.8 mi |
B 1836 E 71st Active 0 bd · 0 ba · 2,553 sqft · $333 · 0.5 mi | $849,999 List Price | 0 | 0 | 2,553 | $333 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this 17-year-old property fits the 10-20 year age bracket for a 'Good' rating. The exterior and systems appear functional and consistent with its age. While the interior shows typical tenant-related cosmetic wear, such as stained carpeting and minor floor scratches, the units remain move-in ready and do not yet require the major updates associated with a 'Fair' rating.
Built in 2007, this duplex is significantly newer than the typical multi-family inventory in the area, likely offering updated electrical, plumbing, and structural systems that reduce immediate maintenance costs.
The ability to deliver one unit vacant provides a strategic opportunity for an owner-user to occupy the property while utilizing rental income from the second unit to offset mortgage payments.
With 2,736 square feet of living space, the property offers a generous footprint for a duplex, suggesting spacious unit layouts that can command premium market rents.
The list price of $850,000 reflects a substantial premium over its last recorded sale price, which may present challenges during the appraisal process in a fluctuating market.
The listing lacks specific details regarding unit configurations, bedroom/bathroom counts, and interior finishes, necessitating extensive due diligence and physical inspections to verify value.
Great opportunity for your buyers! This two-unit property is located in the unincorporated area of Los Angeles County and was built in 2006. The property offers a great option for buyers looking for a two-unit property in the area. One of the units may be delivered vacant with the right offer, providing some flexibility for buyers interested in occupying the property. Don't miss the opportunity to show your clients this property. Contact the listing agent for additional information or to schedule a showing. All offers are welcome and will be presented to the seller for consideration!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,736 | 2,090.331 |
| Lot Size | 6,725 | 5,852.908 |
| Price | $850.0K | $830.9K |
| Price per sq ft | $311 | $394 |
| Built year | 2007 | 1928 |
| HOA | $0 | $0 |
| Days on market | 3 | 87 |
Nov 6, 2026
$850,000
Initial Listing
Apr 18, 2011
$313,000
Public Record
Apr 17, 2007
$669,000
Public Record
Apr 4, 2006
$600,000
Public Record
Aug 30, 2002
$100,000
Public Record