
Los Angeles, California 90059
This Remodeled Duplex is a High-Potential Investment Opportunity, listed at $695,000—positioned slightly above the $684,033 Fair Market Value. Featuring a Good Condition Rating, this asset offers immediate rental viability with separate gas and electric meters and significant ADU conversion potential on its 5,805 sqft lot. While the compact 1,365 sqft footprint requires efficient management, the turnkey status minimizes upfront capital expenditure. This property serves as a stable, income-generating asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 815 E 109th Street Subject | $695,000* List Price | 0 | 0 | 1,365 | $501 | - |
A 813 E Imperial Sold | $866,000 | 0 | 0 | 1,504 | $576 | 0.4 mi |
B 1648 E 110th Sold | $860,000 | 0 | 0 | 1,866 | $461 | 0.9 mi |
C 802 E 111th Active Under Contract | $639,000 List Price | 0 | 0 | 1,200 | $533 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1945, the property is listed as a remodeled duplex with updated units and separate gas/electric meters. The exterior shows newer vinyl windows and fresh stucco/paint, indicating it is well-maintained and move-in ready, fitting the 5-15 year renovation criteria for a 'Good' rating.
The property features two recently remodeled units, allowing for immediate occupancy or rental without the need for significant upfront renovation costs.
With a generous 5,805 sqft lot, there is significant potential to add an Accessory Dwelling Unit (ADU), providing an opportunity to increase density and rental income.
Separate gas and electric meters for each unit simplify property management and reduce owner-paid utility expenses, enhancing the net operating income.
Originally constructed in 1945, the property may have underlying structural or system components that require ongoing maintenance despite recent cosmetic updates.
At 1,365 total square feet for two units, the individual living areas are relatively compact, which may limit the pool of potential long-term tenants or command lower market rents.
Great Investment Opportunity – Remodeled Duplex with Parking & ADU Potential! featuring two updated units with separate gas and electric meters. The property offers on-site parking and additional potential for an ADU conversion or additional dwelling unit, subject to buyer investigation and verification of zoning, permits, and applicable City requirements. Conveniently located near major freeways with access to Downtown Los Angeles and surrounding areas. Nearby amenities include shopping, dining, entertainment, recreational destinations, and employment centers. Great opportunity to own a remodeled duplex in Los Angeles with separate utilities, parking, and additional development potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,365 | 2,187.451 |
| Lot Size | 5,805 | 5,841.385 |
| Price | $695.0K | $841.5K |
| Price per sq ft | $509 | $385 |
| Built year | 1945 | 1928 |
| HOA | $0 | $0 |
| Days on market | 28 | 85 |
Aug 12, 2026
$695,000
Initial Listing
Dec 3, 2021
$415,500
Public Record
Aug 11, 2004
$205,000
Public Record
Jan 7, 2002
$110,000
Public Record
Oct 18, 1999
$123,000
Public Record
Mar 24, 1999
$69,000
Public Record