
Los Angeles, California 90002
This Duplex Residential Income property represents a Strong Value Opportunity, listed at $649,000—positioned well below the $649,482 Fair Market Value by 0.07%. Built in 2000, the asset features a Fair Condition Rating with functional layouts and a generous 7,155 sqft lot, offering significant potential for value-add improvements or ADU development. With 2,450 square feet of living space, this property provides stable rental demand and long-term appreciation potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating asset in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9307 Bandera Subject | $649,000* List Price | 0 | 0 | 2,450 | $265 | - |
A 8820 Beach Active | $700,000 List Price | 0 | 0 | 2,636 | $266 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is 24 years old and appears to have original finishes. The kitchen features dated oak cabinetry and tile countertops, and the bathroom fixtures are consistent with the year of construction. While functional and move-in ready, the property requires cosmetic updates and lacks modern central HVAC, as evidenced by window units.
Built in 2000, this duplex is significantly newer than the typical multi-family inventory in the area, likely featuring more modern building standards, electrical systems, and plumbing.
With 2,450 square feet of living space across two units, the property offers high flexibility for owner-occupants looking to house-hack or investors seeking stable dual-stream rental income.
The 7,155 square foot lot is generous for a Los Angeles duplex, providing private outdoor areas for tenants and potential for future value-add opportunities such as an ADU.
The property profile indicates no scenic views, which may limit its competitive edge compared to other residential income properties in more elevated or scenic Los Angeles pockets.
Located in the 90002 zip code, the property may be subject to market volatility and neighborhood perceptions that can impact long-term appreciation and the tenant screening process.
Exceptional duplex investment opportunity in a desirable Los Angeles neighborhood. This well-maintained property offers two separate residences, making it an ideal opportunity for investors, owner-occupants, or those seeking rental income. Each unit provides comfortable living spaces with functional layouts, abundant natural light, and private outdoor areas. The property offers excellent flexibility for multi-generational living, generating steady rental income, or living in one unit while leasing the other. Situated on a generous lot, the property is conveniently located near shopping, dining, schools, parks, and major transportation routes, providing easy access to everything Los Angeles has to offer. Whether you're looking to expand your investment portfolio or secure a versatile property with long-term upside, this duplex presents an outstanding opportunity.
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 | 2,450 | 2,250 |
| Lot Size | 7,155 | 5,864 |
| Price | $649.0K | $826.7K |
| Price per sq ft | $265 | $395 |
| Built year | 2000 | 1925 |
| HOA | $0 | $0 |
| Days on market | 13 | 83 |
Jul 9, 2026
$649,000
Initial Listing
Aug 16, 2000
$215,000
Public Record