
Los Angeles, California 90001
This Income-Generating Duplex is a Strong Value Opportunity, listed at $775,000—positioned well below the $839,410 Fair Market Value by 7%. This valuation gap provides $64,410 in Instant Equity for incoming buyers. While maintaining a Fair Condition Rating with dated infrastructure, the property features durable tile flooring and an exceptional extended driveway for high-capacity parking. Currently tenant-occupied, it offers immediate cash flow and long-term appreciation potential in a high-demand Los Angeles corridor. This asset is ideal for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors looking for a stable rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8214 Alix Subject | $775,000* List Price | 0 | 0 | 1,722 | $510 | - |
A 1959 Firestone Sold | $950,000 | 0 | 0 | 1,634 | $581 | 0.3 mi |
B 7659 Miramonte Boulevard Sold | $750,000 | 0 | 0 | 1,400 | $536 | 0.7 mi |
C 7672 Whitsett Avenue Sold | $650,000 | 6 | 4 | 1,520 | $428 | 0.5 mi |
D 8239 Bell Avenue Active | $700,000 List Price | 3 | 2 | 1,298 | $539 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this duplex is well-maintained and move-in ready for tenants but shows clear signs of age. While there are some updates like tile and laminate flooring, the kitchen cabinetry, patterned linoleum, and bathroom fixtures appear dated. The reliance on window AC units and older electrical/lighting styles, combined with the property's age and lack of a recent full-scale renovation, aligns with the fair condition criteria.
The property is currently tenant-occupied on a month-to-month basis, providing an immediate revenue stream for investors and flexibility for owner-occupants.
The expansive, extended driveway offers significant off-street parking, a highly sought-after and valuable asset in high-density Los Angeles neighborhoods.
Both units feature durable tile flooring throughout, which enhances the aesthetic appeal while minimizing long-term maintenance and turnover costs for landlords.
Constructed in 1960, the property may require future capital investments for aging systems or modern upgrades to remain competitive with newer developments.
Existing tenancies may present challenges for buyers seeking immediate possession or those looking to quickly adjust rents to current market rates under local regulations.
This charming duplex is situated on a lovely, quiet street and offers an excellent opportunity for both investors and owner-occupants. Each unit features a spacious layout with 2 bedrooms and 1 bathroom, filled with abundant natural light throughout. Both units include tile flooring, enhancing the aesthetic appeal while providing durability and easy maintenance. The cozy, well-appointed kitchens create a warm and inviting space—perfect for everyday living and intimate gatherings. One of the standout features of the property is the expansive, extended driveway, offering ample parking—an incredibly valuable asset for both residents and guests. The property is currently tenant-occupied on a month-to-month basis, and tenants are interested in staying, providing immediate rental income potential. Ideally located in a desirable neighborhood close to shopping, schools, and major highways, this duplex offers convenience and long-term value. A fantastic opportunity you don’t want to miss—this is truly a must-see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,722 | 2,084 | 33% |
| Lot Size | 5,741 | 5,732 | 52% |
| Price | $775.0K | $779.0K | 48% |
| Price per sq ft | $450 | $382 | 71% |
| Built year | 1960 | 1928 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 147 | 14% |
Mar 18, 2026
$775,000
Initial Listing