981 W Kensington, Los Angeles, California 90026, Los Angeles, 90026 - 0 bed, 0 bath
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Los Angeles, California 90026
This Angelino Heights Duplex is a Prime Investment Opportunity listed at $800,000—positioned well below the $833,157 Fair Market Value by 3%. This valuation gap offers $33,157 in Instant Equity. While maintaining a Functional Condition Rating, the 1963 build provides significant value-add potential on a generous 6,674 Square Foot Lot. Proximity to Echo Park Lake and the top-rated Clifford Street Elementary ensures consistent tenant demand. This asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 981 W Kensington Subject | $800,000* List Price | 0 | 0 | 1,993 | $418 | - |
A 1530 W Temple Street Active | $775,000 List Price | 0 | 0 | 2,267 | $342 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this duplex is aged but appears functional and maintained according to the description. Exterior images reveal dated features including window security bars, older metal awnings, and significant cracking throughout the concrete driveway. The absence of interior photos typically suggests that the kitchens and bathrooms likely feature older styles and components that have not undergone recent major renovations, fitting the criteria for a property that is functional but shows signs of being outdated.
Situated in the historic Angelino Heights neighborhood near Echo Park Lake, the property offers exceptional proximity to Sunset Boulevard, Dodger Stadium, and Downtown Los Angeles, ensuring high tenant demand.
As a residential income duplex with nearly 2,000 square feet of living space, this property provides a versatile opportunity for investors or owner-occupiers looking to offset their mortgage with rental income.
The 6,674 square foot lot is generous for this urban area, providing ample outdoor space and significant potential for future value-add improvements or landscaping.
While the area is served by some high-performing schools, several of the closest public school options have lower ratings, which may impact appeal for families with school-aged children.
Built in 1963, the property may require modernization of major systems or cosmetic updates to compete with newer or fully renovated units in the vibrant Echo Park market.
Well maintained 2 units located in Angelo Heights near Echo Park Lake, the vibrant neighborhood, close to Sunset, Dodgers Stadium, China Town, Downtown Los Angeles. Great potential. All information deem reliable but no guarantee, buyer and buyer's agent to verify.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-6 • 0.9 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 | 1,993 | 2,351 | 43% |
| Lot Size | 6,674 | 5,287 | 86% |
| Price | $800.0K | $1.15M | 14% |
| Price per sq ft | $401 | $478 | 29% |
| Built year | 1963 | 1925 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 193 | 7% |
Mar 30, 2026
$800,000
Initial Listing