943 W 65th Street, Los Angeles, California 90044, Los Angeles, 90044 - 7 bed, 4 bath
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Los Angeles, California 90044
This Triplex Residential Income Asset presents a significant Value-Add Opportunity with a List Price of $800,000. Valued at a $744,895 Fair Market Value, the property’s potential is rooted in its "As-Is" condition and detached building configuration. With a Fair Condition Rating, the 3,260 sqft interior requires modernization to address deferred maintenance and unlock market-rate rents. Featuring a private patio and proximity to the Los Angeles Unified district's high-rated Middle College High School, this property is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 943 W 65th Street Subject | $800,000* List Price | 7 | 4 | 3,260 | $228 | - |
A 7319 S Normandie Active | $900,000 List Price | 0 | 0 | 2,960 | $304 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925 and explicitly sold 'As Is,' this property requires substantial repairs and rehabilitation. The kitchens feature very dated cabinets, countertops, backsplashes, and flooring, with older appliances. Bathrooms are extremely outdated with old tile, vanities, and fixtures showing significant wear. Throughout the units, there are popcorn ceilings, older light fixtures, worn flooring/carpets, and evidence of deferred maintenance. The property lacks modern amenities like central AC, relying on window units. It presents a significant 'value add opportunity' precisely because it needs extensive modernization and renovation.
High School: Middle College High School (9/10).
This property is a Triplex with two detached buildings, offering multiple streams of rental income and significant investment potential in the Los Angeles market.
Explicitly marketed as having 'huge potential' and a 'great value add opportunity' due to long-term tenants with low rent, allowing for future rent increases and property improvements.
Built in 1925 and sold 'As Is,' the property likely requires substantial capital investment for necessary renovations, repairs, and modernization to maximize its value.
Current long-term tenants with low rent suppress immediate cash flow, and the 'Do Not Disturb Tenants' clause complicates showings and due diligence, potentially delaying value-add execution.
Due to the existing low rents, the property's current capitalization rate may be lower than desired for some investors, necessitating a longer-term strategy to realize its full income potential.
PRICE REDUCTION! CALLING ALL INVESTORS!! AMAZING INVESTMENT OPPORTUNITY!! This amazing investment property offers huge potential and the opportunity to own a TriPlex located just minutes away from major freeways and local shopping centers. This property has 2 detached buildings. The front 2 units offer 2 bedrooms and 1 bath. The back unit offers 3 bedrooms and 2 baths. This property has Long term Tenants with low rent...great value add opportunity. Property sold in "As Is" condition, with Tenants. PLEASE DO NOT DISTURB TENANTS! THIS PROPERTY IS PRICED TO SELL...SELLER IS MOTIVATED...EXCELLENT INVESTMENT OPPORTUNITY!!!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 0.0 | 90% |
| Baths | 4.0 | 0.0 | 87% |
| Square foot | 3,260 | 2,143 | 81% |
| Lot Size | 7,327 | 6,078 | 77% |
| Price | $800.0K | $835.0K | 35% |
| Price per sq ft | $245 | $411 | 6% |
| Built year | 1925 | 1924 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 154 | 26% |
Mar 11, 2026
$800,000
$850,000
-6% Price Drop
Initial Listing
Jan 21, 2026
$850,000
Initial Listing
Apr 7, 2023
$800,000
Public Record
Apr 11, 2022
$755,000
Public Record
Apr 7, 2020
$689,000
Public Record
Jan 26, 2017
$560,000
Public Record
Jul 11, 2003
$1,000
Public Record