830 S Record Avenue, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This Quadruplex Asset represents a rare Value-Add Opportunity in the heart of East Los Angeles. Listed at $828,800, the property is positioned relative to its $749,187 Fair Market Value, reflecting its first market appearance since 1964. With a Condition Rating of 5, the four units require comprehensive rehabilitation to address deferred maintenance and modernize systems. However, the versatile unit mix and 7,099 sqft Lot provide a strong foundation for forced appreciation and high rental demand near Whittier Blvd. This is a strategic acquisition for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 830 S Record Avenue Subject | $828,800* List Price | 0 | 0 | 2,184 | $343 | - |
A 1228 S Ditman Active | $760,000 List Price | 7 | 2 | 1,890 | $402 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and on the market for the first time since 1964, this property shows significant signs of age and deferred maintenance. The exterior images reveal severe wear, peeling paint, and general disrepair. Without any interior photos or mention of recent renovations, it's highly probable that all major systems, kitchens, and bathrooms are original or severely outdated, requiring substantial repairs and rehabilitation to meet modern standards and ensure habitability.
As a quadruplex (four units), this property offers multiple income streams, providing excellent potential for investors seeking consistent rental revenue and portfolio diversification.
Situated in the heart of East Los Angeles, just north of Whittier Blvd, the property benefits from a desirable urban location with strong rental demand and convenient access to amenities and transportation.
Being offered for sale for the first time since 1964, this represents a rare opportunity to acquire a long-held asset in a competitive market, potentially indicating untapped value or a stable investment.
Built in 1960 and held by the same owner since 1964, the property is likely to require significant capital expenditure for system updates (e.g., plumbing, electrical, roofing) and cosmetic renovations to meet modern standards and maximize rental value.
The individual unit sizes (estimated 785 sqft, 400 sqft, 500 sqft) are relatively small, which may limit the tenant demographic or rental income potential compared to properties with larger living spaces.
The listing description provides no information regarding recent upgrades, current interior condition, or specific amenities, suggesting a potential 'as-is' sale that could entail unforeseen renovation costs for a new owner.
Located in the heart of East Los Angeles. Just north of Whittier Blvd. First time on the market since 1964. Front house (est 785 sqft.) 2br & 1 bath, middle unit 1br & 1 bath (est. 400 sqft), plus another duplex 1br & 1 bath (est. 500 sqft each).
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 | 2,184 | 1,828 | 62% |
| Lot Size | 7,099 | 6,003 | 54% |
| Price | $828.8K | $710.9K | 85% |
| Price per sq ft | $379 | $379 | 50% |
| Built year | 1960 | 1923 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 180 | 23% |
Jan 14, 2026
$828,800
Initial Listing