
Los Angeles, California 90023
This duplex represents a High-Potential Investment Opportunity, listed at a List Price of $825,000—positioned above the $727,393 Fair Market Value. While the property requires capital for modernization due to its Condition Rating of 4, the dual-unit configuration on a 5,838 sq. ft. corner lot provides significant upside for forced appreciation. This asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through a house-hacking strategy in a central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 S Hicks Avenue Subject 0 bd · 0 ba · 1,729 sqft · $415 | $775,000* List Price | 0 | 0 | 1,729 | $415 | - |
A 1008 S Herbert Ave Sold 0 bd · 0 ba · 1,626 sqft · $495 · 0.5 mi | $805,000 | 0 | 0 | 1,626 | $495 | 0.5 mi |
B 3065 E 6th Sold 0 bd · 0 ba · 1,777 sqft · $366 · 0.9 mi | $650,000 | 0 | 0 | 1,777 | $366 | 0.9 mi |
C 1151 Calzona Street Sold 6 bd · 4 ba · 1,704 sqft · $376 · 0.5 mi | $640,000 | 6 | 4 | 1,704 | $376 | 0.5 mi |
D 4173 Hubbard Street Sold 0 bd · 0 ba · 1,680 sqft · $408 · 0.6 mi | $685,000 | 0 | 0 | 1,680 | $408 | 0.6 mi |
E 830 S Record Avenue Sold 0 bd · 0 ba · 2,184 sqft · $380 · 0.5 mi | $830,000 | 0 | 0 | 2,184 | $380 | 0.5 mi |
F 650 S Indiana St Sold 0 bd · 0 ba · 2,035 sqft · $383 · 0.1 mi | $780,000 | 0 | 0 | 2,035 | $383 | 0.1 mi |
G 938 S Eastman Sold 5 bd · 3 ba · 2,075 sqft · $386 · 0.3 mi | $800,000 | 5 | 3 | 2,075 | $386 | 0.3 mi |
H 729 S Bernal Sold 6 bd · 3 ba · 2,250 sqft · $360 · 0.7 mi | $811,000 | 6 | 3 | 2,250 | $360 | 0.7 mi |
I 1119 Calzona Active 0 bd · 0 ba · 1,648 sqft · $440 · 0.5 mi | $724,449 List Price | 0 | 0 | 1,648 | $440 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1920, the property shows some cosmetic updates such as newer laminate flooring and a modern fireplace insert. However, the kitchen cabinetry and bathrooms appear dated (likely 20+ years old), and the 'as-is' sale status combined with the unfinished appearance of utility/storage areas suggests a need for minor repairs and system modernization.
This corner-lot duplex features two distinct units with private entrances, offering a versatile opportunity for high rental yield or a house-hacking strategy to offset mortgage costs.
Situated in a high-demand area of Los Angeles near major freeways and public transit, the property ensures long-term desirability and convenience for urban commuters.
The property presents significant upside potential for investors to modernize the 1920s structure, allowing for forced appreciation and increased market rent over time.
Both units are sold tenant-occupied, which may present challenges for owner-occupants seeking immediate possession or investors looking to reset rents to current market rates.
The property is sold in as-is condition, likely requiring immediate capital expenditure for repairs or system upgrades typical of a century-old building.
Welcome to 801 S. Hicks and 3846 Percy St. This excellent duplex investment opportunity is in the heart of Los Angeles! This corner lot duplex offers two separate units, 801 S. Hicks is a spacious two bedroom 1 bath approx. 1129 sq. ft. of living space and 3846 Percy is approx. 600 sq. ft. 1 bedroom 1 bath unit making it an ideal property for investors seeking rental income or owner-occupants looking to offset their mortgage by living in one unit while renting the other. Both units are to be sold tenant occupied. Each unit provides comfortable living space with private entrances, offering flexibility and privacy for occupants. The property presents outstanding income potential with the opportunity to update and increase value over time. Conveniently located near shopping, restaurants, schools, public transportation, and major freeways, this duplex is well-positioned for long-term rental demand and everyday convenience. Whether you're expanding your investment portfolio or searching for a versatile multi-family property, this is a rare opportunity to own an income-producing asset in Los Angeles. Property to be sold as-is.
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 | 1,729 | 2,090.331 |
| Lot Size | 5,838 | 5,852.908 |
| Price | $775.0K | $830.9K |
| Price per sq ft | $448 | $394 |
| Built year | 1920 | 1928 |
| HOA | $0 | $0 |
| Days on market | 122 | 87 |
Nov 8, 2026
$775,000
$820,000
-5% Price Drop
Initial Listing
Sep 9, 2026
$820,000
$825,000
-1% Price Drop
Initial Listing
Jul 10, 2026
$825,000
Initial Listing