Exceptional investment opportunity in the heart of Mid-City Los Angeles one of the city's most desirable and rapidly appreciating neighborhoods. This well-maintained 2-story duplex, built in 1936, offers 2,330 SF of total living space and features two identical units, each with 2 bedrooms, 1 bathroom, and a dedicated… Read More parking space. The property presents outstanding upside potential: one unit is currently tenanted at $2,682/month with a long-term resident, while the second unit is vacant and move-in ready offering the rare chance to set market-rate rent from day one. Current market rents in the area are trending at approximately $3,500/month per unit, representing immediate income growth for a savvy investor. Whether you're looking for a pure income play or an owner-user opportunity, this duplex delivers. Live in one unit while the other offsets your mortgage a smart strategy in a neighborhood where rental demand remains consistently strong. Ideal for 1031 exchange buyers, first-time investors, or owner-occupants seeking a foothold in prime Los Angeles real estate. Don't miss this chance to own a value-add duplex in a sought-after location with strong fundamentals and immediate cash flow potential. Properties like this don't last long schedule your showing today. Read Less
Courtesy of New Star Realty & Investment 714-832-8888
Listing Snapshot
Days Online
2
Last Updated
Property Type
Other
Beds
4
Square Ft.
2,330
Lot Size
0.11 Acres
Year Built
1936
MLS Number
PW26126825MR
30 Days Snapshot Of 90019
$1.42M
0%
(avg) sold price
4
-66%
homes sold
93
+19%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2,330 sq ft, Built in 1936, "Detached/No Common Walls"
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