9612 1/2 S Central Avenue, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath
ACTIVE$750,000$1,824/sqft
9612 1/2 S Central Avenue, Los Angeles, California 90002
0Bed
0Bath
1,824Sqft
2,491Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Duplex Configuration: The property is a duplex featuring a 3 bed / 1 bath unit and a 2 bed / 1 bath unit, offering two potential income streams.
Top Cons:
Extensive Renovation & Repair Needs: The property requires 'extensive repairs,' including water damage, indicating a 'heavy-lift project' for any buyer.
Compared to the nearby listings
Price:$750.0K vs avg $880.0K ($-130,000)27%
Size:1,824 sqft vs avg 2,300 sqft33%
Price/sqft:$411 vs avg $34080%
More Insights
Built in 1956 (70 years old).
Condition: Built in 1956, this property requires extensive repairs, including water damage, and currently has no electrical, gas, or water connected, rendering it unlivable. The exterior appears neglected, and the lack of basic utilities indicates a complete overhaul of all major systems is necessary. While intended for renovation, its current state with significant defects and missing essential services aligns with a 'poor' condition, requiring substantial rehabilitation.
Year Built
1956
Close
-
List price
$750K
Original List price
$480K
Price/Sqft
$411
HOA
-
Days on market
-
Sold On
-
MLS number
PW25158381
Home ConditionPoor
Features
View-
About this home
Great opportunity for investors or experienced rehabbers. This duplex features a 3 bed / 1 bath unit and a 2 bed / 1 bath unit, offering solid upside potential through full renovation. One unit is vacant, and the other is currently in the process of being vacated. The property requires extensive repairs, including water damage and restoration of missing utilities (no electrical, gas, or water currently connected). Sold strictly as-is, cash or hard money only due to condition. Located on Central Ave near major transit routes and thoroughfares. This is a heavy-lift project with major potential.
B
Boris Almengor
Listing Agent
Condition Rating
Poor
Built in 1956, this property requires extensive repairs, including water damage, and currently has no electrical, gas, or water connected, rendering it unlivable. The exterior appears neglected, and the lack of basic utilities indicates a complete overhaul of all major systems is necessary. While intended for renovation, its current state with significant defects and missing essential services aligns with a 'poor' condition, requiring substantial rehabilitation.
Pros & Cons
Pros
Duplex Configuration: The property is a duplex featuring a 3 bed / 1 bath unit and a 2 bed / 1 bath unit, offering two potential income streams.
Significant Renovation Upside: Explicitly described as having 'solid upside potential through full renovation' and 'major potential' for value appreciation.
Prime Los Angeles Location: Located in Los Angeles on Central Ave, near major transit routes and thoroughfares, indicating strong rental demand and accessibility.
Vacant Units for Immediate Renovation: One unit is vacant, and the other is in the process of being vacated, allowing for immediate and comprehensive renovation without tenant disruption.
Targeted Investor Opportunity: Marketed as a 'great opportunity for investors or experienced rehabbers,' appealing directly to a specific buyer pool seeking value-add projects.
Cons
Extensive Renovation & Repair Needs: The property requires 'extensive repairs,' including water damage, indicating a 'heavy-lift project' for any buyer.
Lack of Basic Utilities: Currently, there is 'no electrical, gas, or water connected,' which represents a significant and costly hurdle for restoration and habitability.
Restricted Financing & Buyer Pool: Sold 'strictly as-is, cash or hard money only' due to its condition, severely limiting the pool of potential buyers and financing options.