9602 Holmes Avenue, Los Angeles, California 90002, Los Angeles, 90002 - 0 bed, 0 bath
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Los Angeles, California 90002
This Residential Income Duplex represents a strategic entry into the Los Angeles market with a List Price of $639,900, aligning perfectly with its $639,900 Fair Market Value. Currently holding a Condition Score of 4, the 1921-built structure is move-in ready for tenants while offering significant upside through future modernization of its vintage infrastructure. The property’s primary advantage is the oversized 7,151-square-foot lot, which provides ample space for ADU Development Potential within the Los Angeles Unified district. Located near Downtown Los Angeles and LAX, this is a premier opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9602 Holmes Avenue Subject | $639,900* List Price | 0 | 0 | 1,736 | $369 | - |
A 8913 Compton Avenue Sold | $699,000 | 6 | 2 | 1,560 | $448 | 0.6 mi |
B 1535 E 91st Street Sold | $820,000 | 5 | 3 | 2,294 | $357 | 0.5 mi |
C 9429 S Central Avenue Sold | $690,000 | 0 | 0 | 1,536 | $449 | 0.8 mi |
D 9538 Compton Active | $795,000 List Price | 6 | 4 | 1,780 | $447 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1921, the property shows signs of regular maintenance with some cosmetic updates like laminate flooring and fresh paint. However, the kitchen and bathrooms remain dated with older cabinetry, tile countertops, and vintage fixtures. While functional and move-in ready for tenants, the home lacks a comprehensive modern renovation and likely retains aging infrastructure consistent with its century-old construction.
As a two-unit duplex, this property offers excellent flexibility for 'house hacking' or generating dual rental income streams in a high-demand Los Angeles rental market.
The property's proximity to Downtown Los Angeles, LAX, and major landmarks ensures strong tenant appeal and positions the asset for long-term capital appreciation.
The 7,151-square-foot lot is significantly larger than average for the area, providing ample outdoor space and potential for future ADU development to further increase value.
Built in 1921, the property likely requires significant capital improvements to modernize aging systems such as plumbing, electrical, and structural components.
Located in the Watts neighborhood, the property may face challenges regarding historical neighborhood perceptions and local market volatility compared to more established submarkets.
Don’t miss out on an opportunity to own a two-unit property in Los Angeles! This two-unit property offers a fantastic investment opportunity to live in one unit while renting out the other. The property’s prime location near Downtown Los Angeles, LAX and several landmarks enhances its appeal for potential tenants and future appreciation. Don’t let this chance slip away to invest in a property that combines immediate income potential with unbeatable location benefits!
No exterior & parking available.
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 | 1,736 | 2,243.5 | 44% |
| Lot Size | 7,151 | 4,853.5 | 88% |
| Price | $639.9K | $878.5K | 19% |
| Price per sq ft | $369 | $380 | 50% |
| Built year | 1921 | 1950 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 127 | 172 | 25% |
Mar 17, 2026
$639,900
$670,000
-4% Price Drop
Initial Listing
Dec 16, 2025
$670,000
Initial Listing
Apr 7, 2000
$170,000
Public Record