801 N Hazard, Los Angeles, California 90063, Los Angeles, 90063 - 0 bed, 0 bath
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801 N Hazard
Los Angeles, California 90063
ACTIVE
CONDITION: GOOD
0Beds
0Baths
4,470Sq Ft
10,654Lot Size
Property Price
LIST PRICE$949,000
EST. MARKET VALUE
$968,081
SUMMARY
This High-Potential Investment Opportunity is a Residential Income property listed at $949,000, positioned well below the $968,082 Fair Market Value by 2%, offering $19,082 in Instant Equity. Featuring a Good Condition Rating, the asset includes a fully renovated front unit and significant upside via approved plans for rear SFR and ADU conversions. With all units delivered vacant, this property is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project in Los Angeles.
Estimated Market Value
$968,081
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 N Hazard Subject 0 bd · 0 ba · 4,470 sqft · $217 | $949,000* List Price | 0 | 0 | 4,470 | $217 | - |
A 1070 N Alma Sold 0 bd · 0 ba · 4,696 sqft · $202 · 0.7 mi | $949,950 | 0 | 0 | 4,696 | $202 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1999 (25 years old), the property features a front unit that has been fully renovated with modern laminate flooring, recessed lighting, and updated finishes within the last 5 years. While the front unit is in excellent condition, the overall property is rated 'good' because the rear units are described as needing future improvements and the sale requires the buyer to assume responsibility for bringing all permits current.
PROSSTRENGTHS & OPPORTUNITIES
- Full Vacancy at Closing
All three units will be delivered vacant at the close of escrow, providing a rare opportunity for investors to immediately set market-rate rents or for owner-occupants to move in without tenant relocation hurdles.
- Significant Value-Add Potential
The property features a large 10,654 sqft lot with approved plans for SFR and ADU conversions for the rear units, offering a clear path to increase density and maximize long-term equity.
- Turnkey Front Residence
The front unit is a separate, fully renovated two-story building with three bedrooms, updated interiors, and a private two-car garage, ensuring immediate appeal and rental income potential.
CONSRISKS & DEFICIENCIES
- Probate Sale Requirements
The sale is subject to court approval, which typically involves a more complex and lengthy closing process compared to traditional residential transactions.
- Permit and Compliance Burden
Sold in 'As-Is' condition, the buyer must assume full responsibility for bringing all permits current and completing the necessary work on the rear units, requiring significant additional capital and due diligence.
About 801 N Hazard
EXCELLENT INVESTMENT WITH GREAT POTENTIAL! The property consists of two buildings. The front building is a detached, two-story structure (Unit #801) that has undergone a beautiful, complete interior renovation. The second floor offers a lovely view and is move-in or rent-ready. The rear building lacks the necessary legal permits and is not currently suitable for rental. The Department of Regional Planning has APPROVED plans to convert the ground-floor unit into an Accessory Dwelling Unit (ADU) and the upper-floor unit into a single-family residence, providing a solid foundation for future improvements. Bring your vision and explore the potential of this unique investment opportunity! The rear patio cover must be demolished; this is covered under a separate permit. The property is being sold in its current condition ("AS IS"). Offers must be free of contingencies. The buyer is responsible for conducting their own due diligence with the Los Angeles County Department of Regional Planning and the Department of Public Works (Building and Safety Division)—as well as any other relevant agencies—to verify property information; the buyer will assume responsibility for regularizing all permits. The buyer will be able to make use of them at the close of Escrow. This is a PROBATE SALE and is subject to court approval. Additionally, there are active video security cameras installed throughout the property; these are not included in the sale. Please do not disturb the tenant.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1999
- Lot Size
- 10,654 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 4,470 | 2,090.331 |
| Lot Size | 10,654 | 5,852.908 |
| Price | $949.0K | $830.9K |
| Price per sq ft | $212 | $394 |
| Built year | 1999 | 1928 |
| HOA | $0 | $0 |
| Days on market | 25 | 87 |
Pricing History
Listed for Sale
Oct 15, 2026
$949,000
Initial Listing