830 S Record Avenue, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath
ACTIVE$828,800$2,184/sqft
830 S Record Avenue, Los Angeles, California 90023
0Bed
0Bath
2,184Sqft
7,099Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Income Potential: As a quadruplex with four distinct units (2-bed, three 1-bed), this property offers substantial rental income generation and diversification, appealing to investors.
Top Cons:
Property Age and Condition: Built in 1960, the property is over six decades old, suggesting a high likelihood of requiring significant updates to plumbing, electrical, and HVAC systems, as well as general cosmetic renovations.
Compared to the nearby listings
Price:$828.8K vs avg $620.0K (+$208,800)85%
Size:2,184 sqft vs avg 1,702 sqft62%
Price/sqft:$379 vs avg $37354%
More Insights
Built in 1960 (66 years old).
Condition: Built in 1960 and on the market for the first time since 1964, this property exhibits significant signs of age and deferred maintenance. The exterior images show weathered siding, old windows, and a general state of disrepair. While interior images are not provided, the property's age and lack of renovation history strongly indicate that the kitchen, bathrooms, and all major systems (plumbing, electrical, HVAC) are severely outdated and require substantial rehabilitation and modernization to meet current standards and functionality.
Year Built
1960
Close
-
List price
$829K
Original List price
$829K
Price/Sqft
$379
HOA
-
Days on market
-
Sold On
-
MLS number
AR26009498
Home ConditionPoor
Features
View-
About this home
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).
M
Michael Dang
Listing Agent
Condition Rating
Poor
Built in 1960 and on the market for the first time since 1964, this property exhibits significant signs of age and deferred maintenance. The exterior images show weathered siding, old windows, and a general state of disrepair. While interior images are not provided, the property's age and lack of renovation history strongly indicate that the kitchen, bathrooms, and all major systems (plumbing, electrical, HVAC) are severely outdated and require substantial rehabilitation and modernization to meet current standards and functionality.
Pros & Cons
Pros
High Income Potential: As a quadruplex with four distinct units (2-bed, three 1-bed), this property offers substantial rental income generation and diversification, appealing to investors.
Desirable East Los Angeles Location: Situated in the heart of East Los Angeles, just north of Whittier Blvd, the property benefits from a high-demand urban location with convenient access to amenities and transportation.
Rare Market Opportunity: Being offered for sale for the first time since 1964 presents a unique opportunity for a new owner to acquire a long-held asset in a competitive market.
Flexible Unit Configuration: The mix of a 2-bedroom unit and three 1-bedroom units provides flexibility in attracting a diverse tenant base and optimizing occupancy rates.
Generous Lot Size: The 7,099 sqft lot provides ample space for a multi-unit property in an urban setting, potentially offering outdoor amenities or future development opportunities (subject to zoning).
Cons
Property Age and Condition: Built in 1960, the property is over six decades old, suggesting a high likelihood of requiring significant updates to plumbing, electrical, and HVAC systems, as well as general cosmetic renovations.
Potential for Deferred Maintenance: The long-term ownership (since 1964) without mention of recent renovations implies that the property may have accumulated deferred maintenance, necessitating considerable capital investment to modernize and maximize rental value.
Compact Unit Sizes: The individual unit sizes (785 sqft for 2-bed, 400-500 sqft for 1-bed units) are relatively small, which could limit the target tenant demographic and potentially impact achievable rental rates.