
Los Angeles, California 90731
This Detached Duplex represents a Strong Value Opportunity, listed at $799,000—positioned well below the $862,139 Fair Market Value by 7%. This valuation gap provides $63,139 in Instant Equity. Featuring Owned Solar, Updated Systems, and Private Backyards, the property maintains a Good Condition Rating. With established rental income and proximity to top-rated schools like Taper Avenue Elementary, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in the South Bay.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 846 W Santa Cruz Subject | $799,000* List Price | 0 | 0 | 1,496 | $576 | - |
A 584 W 3rd Street Sold | $790,000 | 0 | 0 | 1,428 | $553 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1924, the property is rated Good because the listing confirms updated kitchens, bathrooms, and newer plumbing and electrical systems. The addition of owned solar panels and its current status as a functional, tenant-occupied income property indicates it is well-maintained and move-in ready.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property features two completely detached homes on a single lot, providing tenants with maximum privacy and a single-family residential feel that commands higher rental demand.
Fully owned solar systems and updated plumbing and electrical systems offer significant long-term utility savings and reduced capital expenditure for the investor.
Existing tenancies may limit a buyer's ability to immediately occupy a unit or adjust rents to current market rates due to local rent control regulations.
Originally built in 1924, the property may require more frequent maintenance and structural oversight common to century-old buildings, despite recent interior updates.
A great opportunity for investors, this tenant-occupied property features two detached residences offering privacy, functionality, and established rental income. Both the front and rear units have been updated with newer plumbing and electrical systems, along with updated kitchens and bathrooms. Each residence offers its own private backyard, creating a more independent, single-family-home feel for tenants. Both units also feature their own washer and dryer, along with fully owned solar systems that provide added value without the expense of a solar lease. The property offers three off-street parking spaces, including two spaces for the rear unit and driveway parking for the front unit. With two detached homes, private outdoor spaces, owned solar, updated systems, and existing tenants in place, this property presents a compelling opportunity for an investor looking to add a well-maintained South Bay income property to their portfolio.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,496 | 2,187.451 |
| Lot Size | 6,006 | 5,841.385 |
| Price | $799.0K | $841.5K |
| Price per sq ft | $534 | $385 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 9 | 85 |
Aug 31, 2026
$799,000
Initial Listing
Nov 25, 2024
$788,000
Public Record
Dec 28, 2012
$410,000
Public Record
Jun 1, 2012
$210,000
Public Record