
Los Angeles, California 90001
This 1939-built Quadruplex Asset presents a strategic value-add opportunity with a List Price of $940,000. While the current $838,901 Fair Market Value suggests a market premium, the listing is positioned significantly below its 2019 sale price of $1.1 million, offering a clear path for forced appreciation. The property carries a Poor Condition Rating, requiring capital investment in roofing and electrical systems to meet modern standards. Located near McKinley Avenue Elementary, this high-density asset is ideal for Buy-and-Hold Investors or Contractors seeking a high-yield renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 912 E 79th Subject | $940,000* List Price | 0 | 0 | 2,352 | $357 | - |
A 1235 E 75th Street Sold | $840,000 | 0 | 0 | 1,756 | $478 | 0.5 mi |
B 916 E 79th Active | $970,000 List Price | 0 | 0 | 2,264 | $428 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1939-built quadruplex is classified as poor due to its age and the explicit mention of aging infrastructure requiring substantial capital investment for plumbing, electrical, and roofing systems. The property is being listed for significantly less than its 2019 sale price ($940k vs $1.1M), which strongly suggests deferred maintenance and a lack of recent modernization. While the exterior appears intact, the lack of interior updates for a property of this vintage indicates it requires significant rehabilitation to meet modern living standards.
As a quadruplex, this property offers a significant opportunity for steady rental income or a house-hacking strategy in a high-demand Los Angeles rental market.
Listed at $940,000, the property is priced significantly below its 2019 sale price of $1.1 million, representing a potential value-add opportunity for savvy investors.
The property is conveniently located within walking distance of several elementary schools, including McKinley Avenue Elementary just 0.16 miles away, enhancing its appeal to families.
Built in 1939, the property may require substantial capital investment for modernizing systems such as plumbing, electrical, and roofing to meet current standards.
While elementary options are decent, the local middle schools carry very low ratings (1-2), which may impact long-term tenant retention for families with older children.
Exceptional opportunity in Los Angeles. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.6 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 | 2,352 | 2,038 | 68% |
| Lot Size | 5,201 | 5,152.5 | 50% |
| Price | $940.0K | $764.5K | 68% |
| Price per sq ft | $400 | $391 | 50% |
| Built year | 1939 | 1928 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 151 | 5% |
Mar 14, 2026
$940,000
Initial Listing
Feb 7, 2019
$1,100,000
Public Record