
Los Angeles, California 90044
This Vacant Duplex Asset is a High-Potential Investment Opportunity listed at $682,500, offering a stable entry point at its $682,500 Fair Market Value. The property boasts a Remodeled 2-Bedroom Rear Unit, a Brand-New Roof on both structures, and a front unit requiring minor TLC to maximize returns. A Detached Garage provides immediate ADU Potential on a large lot, while the 9/10 Rated Middle College High School ensures strong long-term tenant demand. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 837 W W Gage Ave Subject | $682,500* List Price | 0 | 0 | 1,504 | $454 | - |
A 915 W Gage Sold | $717,500 | 0 | 0 | 1,448 | $496 | 0.1 mi |
B 915 W Gage Sold | $717,500 | 4 | 3 | 1,448 | $496 | 0.1 mi |
C 818 W 65th Sold | $799,900 | 0 | 0 | 1,370 | $584 | 0.2 mi |
D 1056 W Gage Sold | $810,000 | 4 | 2 | 1,767 | $458 | 0.3 mi |
E 651 W Gage Pending | $820,000 List Price | 0 | 0 | 1,622 | $506 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a duplex featuring a rear unit that has been completely remodeled with modern shaker cabinets, quartz countertops, recessed lighting, and new laminate flooring. Both units benefit from a brand-new roof. While the 1916 front unit is noted as needing some TLC, the extensive renovation of the rear unit and the major system update (roof) make the property move-in ready and well-maintained overall.
High School: Middle College High School (9/10).
Both units will be delivered vacant upon close of escrow, providing a rare opportunity for an investor to immediately set market-rate rents or for an owner-occupier to move in without the complications of tenant relocation.
The property features a large yard and a detached garage that is ADU-ready, offering a significant opportunity to add a third unit and substantially increase the total rental income and property valuation.
The front unit requires 'TLC' and cosmetic updates, necessitating an additional upfront investment of time and capital before the entire property can achieve its maximum rental potential.
The majority of the assigned public schools in the immediate area have low performance ratings (ranging from 2 to 4), which may limit the property's appeal to families and impact long-term appreciation.
******************Both Units To Be Delivered Vacant Upon Close Of Escrow***************** Duplex front unit 1 bed 1 bath with large living room which has bedroom. Rear unit 2 bedroom and 1 bath. New roof on both units, rear unit remodeled complete. Front unit needs a little TLC. Large yard with detached garage ADU ready with long 4 car driveways. Seller very motivated, Bring all offer's will be considered.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.4 mi
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 | 1,504 | 2,004 | 29% |
| Lot Size | 4,902 | 5,897 | 16% |
| Price | $682.5K | $835.0K | 13% |
| Price per sq ft | $454 | $421 | 58% |
| Built year | 1916 | 1923 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 196 | 192 | 58% |
Nov 22, 2025
$682,500
$740,000
-8% Price Drop
Initial Listing
Oct 9, 2025
$740,000
Initial Listing
Apr 28, 2023
$549,000
Public Record
Nov 29, 2022
$380,000
Public Record