
East Los Angeles, California 90022
This Dual-Unit Residential Property is a Strong Value Opportunity, listed at $650,000—positioned well below the $717,602 Fair Market Value by 9%. This valuation gap provides $67,602 in Instant Equity. Featuring two separate homes on one lot, the property holds a Good Condition Rating following extensive renovations to the vacant unit, including new plumbing and 200-amp electrical service. With one unit already generating rental income, this asset offers immediate cash flow. It is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a turnkey multi-unit setup.
Property is move-in ready.
The property consists of two houses where the vacant unit (830) has undergone significant recent renovations, including updated 200-amp electrical service, new plumbing, new flooring, and a refreshed bathroom with new tile and fixtures. While the structures are original to 1922, the extensive updates to major systems and the move-in ready interior of the primary unit, combined with functional features like mini-splits in the second unit, elevate the overall condition to good.
2 houses on one lot, 830 & 832. House at 832 is currently rented at $1605.68 per month as a 1 BR/1 BA; long-term tenants since 2010; please do not disturb tenants. House at 830 is vacant & has been having renovations done. 830 could be rented for a similar price as 832; it is a 1 BR/1 BA. New plumbing done throughout the 830 house, plus a new combination bathtub/shower, tile, vanity & flooring. Kitchen has a new countertop, sink & fixture. Interior has been newly painted. Both houses' electrical service panels have been updated to 200 amps with new brakers & are 'solar ready.' 830 received two additional countertop circuits. All electrical work was permitted. You could live in 830 or rent it out. Both units have plumbed areas for washer/dryer. 830 has a gate at the front of the property & a concrete pad for parking your car. Exterior house measurement for 830 is 616.26 sq. ft., taped by Realtor. Property Profile shows a total of 1,396 sq. ft., so that would give an approximate size of 742.85 sq. ft. for 832. Tenants pay their own utilities. 832 has mini-splits for A/C. There is a beautiful Avocado tree at the front of 830. Note: All interior photos are of 830. Buyer is advised to independently investigate all aspects of the property, verify the accuracy of all information through personal inspection & with appropriate professionals to Buyer's satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 4% |
| Baths | 0.0 | 1.0 | 4% |
| Square foot | 1,396 | 998 | 83% |
| Lot Size | 4,154 | 4,821 | 39% |
| Price | $650.0K | $655.0K | 48% |
| Price per sq ft | $466 | $636 | 9% |
| Built year | 1922 | 1928 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 163 | 9% |
Mar 26, 2026
$650,000
Initial Listing