
Los Angeles, California 90044
This Value-Add Residential Income Triplex offers a strategic entry into the Los Angeles rental market with a List Price of $680,000. Positioned as a competitive entry point relative to its $627,882 Fair Market Value, the property’s primary appeal lies in its ADU Development Upside and multi-unit configuration on a 4,474 sqft lot. A Condition Rating of 5 confirms the need for major system updates to the 1941 structure, yet proximity to the 9/10 rated Middle College High School and local elementary schools supports long-term occupancy stability. This asset is best suited 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 |
|---|---|---|---|---|---|---|
★ 9715 S Hoover Subject | $749,000* List Price | 0 | 0 | 1,626 | $428 | - |
A 754 W 104th Pending | $700,000 List Price | 3 | 3 | 1,437 | $487 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941, this property shows clear signs of deferred maintenance and neglect, including a boarded-up window visible in the exterior photos. The listing description focuses on 'potential' and 'ADU development' rather than current interior quality, and the provided analysis confirms aging infrastructure with likely needs for major system updates (plumbing, electrical, and roofing). The property appears to be a fixer-upper requiring substantial rehabilitation to be fully functional and modern.
High School: Middle College High School (9/10).
As a triplex with two existing units on the lot, this property offers immediate rental income opportunities for investors or owner-occupants looking to offset their mortgage through house-hacking.
The property features significant value-add potential with the ability to build an Accessory Dwelling Unit (ADU), allowing for increased density and a higher cap rate on the 4,474 sqft lot.
The property was recently sold within the past year on 2025-09-04. The sold price is $316,000.00.
Built in 1941, the property likely requires updates to major systems such as plumbing, electrical, and roofing, which could necessitate immediate capital expenditure.
The majority of the assigned elementary and middle schools carry low performance ratings (2-3), which may limit the property's appeal to long-term family tenants and impact future resale value.
Two unit fully remodeled back-to-back in a lot with and AUD permits in process with the city.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades 1-6 • 0.8 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 | 1,626 | 2,143 | 29% |
| Lot Size | 4,474 | 5,897 | 6% |
| Price | $749.0K | $850.0K | 29% |
| Price per sq ft | $461 | $403 | 65% |
| Built year | 1941 | 1923 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 147 | 6% |
Jun 5, 2026
$749,000
$680,000
+10% Price Increase
Initial Listing
Apr 8, 2026
$680,000
Initial Listing
Sep 4, 2025
$316,000
Public Record
Jun 1, 2004
$285,000
Public Record
Oct 29, 1999
$12,500
Public Record