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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,399,900

Est. payment - /mo

4,726 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26126825

HOA Y/N No

Year Built 1936

Lot Size 4,726 Sqft

Property Sub-Type Duplex

Property Description

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 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.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Street Lights

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5085014030

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Sarah Bae New Star Realty & Investment #01347138

NEARBY SCHOOL & BUSINESS

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1293 S Cochran AVE Los Angeles, CA 90019