846 San Pascual Avenue, Los Angeles, California 90042, Los Angeles, 90042 - bed, bath
846 San Pascual Avenue
Los Angeles, California 90042
Property Price
SUMMARY
Analysis of 846 San Pascual Avenue, Los Angeles, California 90042 is currently available with a list price of $1,048,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1977, this property is 47 years old. The exterior images show an aged appearance with worn concrete and older-style windows. While no interior images are provided, the property's age and the listing's 'weakness' analysis suggest that major systems and interior finishes, including kitchens and bathrooms, are likely original or have only received minor, dated updates. It requires significant modernization to meet current standards, but is currently functional as an income property.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Income & Value-Add Potential
The property is a triplex with approved permits to build two additional 1-bedroom, 1-bath ADUs, offering significant current rental income and substantial future value appreciation through increased density and rental capacity.
- Prime Highland Park Location
Situated in Highland Park, a highly desirable and appreciating neighborhood in Los Angeles, ensuring strong tenant demand, robust rental rates, and long-term property value growth.
- Tenant-Friendly Amenities
Each unit benefits from an assigned parking space, a premium amenity in Los Angeles, and indoor laundry facilities, enhancing tenant convenience and property marketability.
CONSRISKS & DEFICIENCIES
- Property Age & Potential for Updates
Built in 1977, the property is over 45 years old, suggesting that major systems (e.g., plumbing, electrical) and interior finishes may be original or dated, potentially requiring future capital expenditures for modernization.
- Additional Capital Investment Required
While ADU permits are approved, the actual construction of these units and potential renovations to existing units will necessitate substantial additional capital outlay and project management from the buyer.
- Recent Price Appreciation Justification
The current list price is notably higher than its last sale in June 2023, requiring potential buyers to carefully evaluate the value added by the ADU permits and market appreciation to justify the investment.
About 846 San Pascual Avenue
Amazing Opportunity to add to your real estate portfolio. Highland Park Triplex with Approve Permits to build 2 ADUs at 1 Bedroom - 1 Bath Each. Front Unit consists of 4 bedrooms + 2 baths with a private patio. Back unit is a 1 bedroom, 1 bath. Top unit is 1 bedroom, 1 bath. Each unit has a parking assigned space. All units have indoor Laundry.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1977
- Lot Size
- 5,973 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,554 | 2,203.5 | 63% |
| Lot Size | 5,973 | 6,635.5 | 38% |
| Price | $1.05M | $942.5K | 63% |
| Price per sq ft | $410 | $495 | 38% |
| Built year | 1977 | 1923 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 198 | 13% |
Pricing History
Listed for Sale
Feb 2, 2026
$1,048,000
Initial Listing
Sold
Jun 2, 2023
$975,000
Public Record