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.
| MLS # | PW26126825 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 79 |
| Listing Provided By | New Star Realty & Investment | Sarah Bae |
| SQ Feet | 2,330 |
|---|---|
| Garage | 2 |
| Story(s) | 2 |
| Units | 2 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.11 |
| Appliances | Dryer, Washer |
|---|
| Lot Features | Back Yard |
|---|
| Garage Yes / No | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Street Lights |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C19 Beverly Center Miracle Mile |
| Listing VS Median (in 90019) | |
Price: $1,399,900 low | high Med: $1,712,500 sqft: 2,330 low | high Med: 3,700 $ / sqft: $601 low | high Med: $463 On site: 79 low | high Med: 468.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C19 Beverly Center Miracle Mile |
| Listing VS Median (in 90019) | |
Price: $1,399,900 low | high Med: $1,712,500 sqft: 2,330 low | high Med: 3,700 $ / sqft: $601 low | high Med: $463 On site: 79 low | high Med: 468.5 | |