
Los Angeles, California 90003
This property presents a High-Potential Investment Opportunity with a List Price of $650,000—positioned well above the $565,431 Fair Market Value by -14%. Featuring R4 Zoning and Dual Street Access, this Duplex offers significant density upside, including site plans for two additional ADUs. While the Fair Condition Rating reflects its 1934 vintage, the asset is primed for a strategic value-add renovation. This is a complex, income-focused acquisition ideal for Buy-and-Hold Investors or experienced developers seeking to maximize long-term rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9104 S Main Subject | $650,000* List Price | 0 | 0 | 1,258 | $449 | - |
A 147 E 95th Street Sold | $599,000 | 0 | 0 | 1,440 | $416 | 0.2 mi |
B 157 E 104th Street Sold | $775,000 | 0 | 0 | 1,734 | $447 | 0.8 mi |
C 8449 S Main Active | $680,000 List Price | 0 | 0 | 1,192 | $570 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1934 (90 years old) with no mention of recent renovations. Marketed as a 'value-add' investor opportunity with a focus on land density (R4 zoning), suggesting original systems and interiors that require significant rehabilitation.
The R4 zoning designation provides significant development flexibility and higher density potential, allowing for more intensive use of the land than standard residential lots.
With existing site plans for two additional 2-story ADUs, the property offers a clear value-add path to double the unit count and maximize future rental income.
Frontage on Main Street combined with rear alley access facilitates easier construction logistics and provides private entry points for potential new units.
The property is subject to the Los Angeles Rent Stabilization Ordinance (RSO), which limits the owner's ability to adjust rents to market rates and manage tenant turnover.
Constructed in 1934, the property likely requires significant capital investment for modernization and repairs to its aging structural and mechanical systems.
Investor opportunity in Los Angeles! Duplex featuring one 3-bedroom, 1-bath unit and one 2-bedroom, 1-bath unit on an R4-zoned lot. Property offers dual access from Main Street and rear alley access. Seller has a site plan for the potential addition of two unit two-story ADUs, each designed as 2-bedroom, 1-bath units, subject to City approval. Great opportunity for investors, value-add buyers, or 1031 exchange buyers seeking an income property with future upside. Buyer to verify zoning, permits, rents, expenses, ADU feasibility, and all development potential with the City of Los Angeles. RSO
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,258 | 2,250 |
| Lot Size | 3,307 | 5,864 |
| Price | $650.0K | $826.7K |
| Price per sq ft | $517 | $395 |
| Built year | 1934 | 1925 |
| HOA | $0 | $0 |
| Days on market | 15 | 83 |
Jul 7, 2026
$650,000
Initial Listing
Apr 23, 2024
$475,000
Public Record
Apr 30, 2012
$138,000
Public Record
Jun 7, 2005
$355,000
Public Record