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12124 S Broadway, Los Angeles, California 90061, Los Angeles, 90061 - bed, bath

12124 S Broadway, Los Angeles, California 90061 home-pic-0
ACTIVE$799,999
12124 S Broadway, Los Angeles, California 90061
0Bed
0Bath
1,627Sqft
6,052Lot
Year Built
1948
Close
-
List price
$800K
Original List price
$829K
Price/Sqft
$492
HOA
-
Days on market
-
Sold On
-
MLS number
SB25082040
Home ConditionFair
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $800.0K(58th), sqft - 1627(25th), beds - undefined(50th), baths - undefined(50th).

Unique opportunity to own a Duplex just three short blocks from the beautiful LA County Athens Park. Subject property consists of 2 large Two Bedroom apartments (single floor access) with laundry hook ups, shared enclosed 2 car garage, large front, back and side yards offering a bunch of different fruit trees. Front unit was recently remodeled with recessed lighting, new water heater, stone countertops, new cabinetry, high end vinyl plank flooring and it will also have new appliances installed at closing (Fridge, Stove, Washer Dryer Combo unit). Electrical appears upgraded in front unit with GE Panels and 70 Amp Service. Note: Each of the 2 units have separate Gas and Electric Meters as well as individual hot waters heaters to help control expenses of operations. Note: Other owners in the area with similar lot/dimensions enclosed the back-alley yard area and added 4 extra parking spaces (Buyer to verify costs and zoning). Additional exterior upgrades are in progress. Photos will be updated weekly. Athens Park which is a short 3 block walk from the subject property and offers amazing amenities including 2 large baseball fields (Dodgers Dreamfield), 2 Tennis Courts, a large swimming pool, basketball courts, 2 work out areas with outdoor equipment, and multiple community recreational centers offering ADULT, TEEN, CHILDREN and FAMILY activities - including Karate, Swim, Baseball Camps, and evening activities (Thursday-Saturday) for Scuba, Water Aerobics, Teen Night, In-Water Movie Nights, etc.. This LA County run park is beyond amazing to have just a short distance from your front door.

Price History

Date
Event
Price
06/12/25
Sold
$825,000
11/25/13
Sold
$245,000
Condition Rating
Fair
The property, built in 1948, presents a mixed condition. The front unit has been recently and extensively remodeled with modern features including recessed lighting, new water heater, stone countertops, new cabinetry, high-end vinyl plank flooring, new appliances, and upgraded electrical, placing it in excellent condition. However, the condition of the second unit is unspecified, strongly suggesting it is either original or very outdated, requiring substantial renovation to match the front unit's quality. Additionally, exterior upgrades are still in progress. While one unit is excellent, the overall property requires significant investment to bring the second unit and exterior to a comparable standard, thus falling into the 'Fair' category.
Pros & Cons

Pros

Income-Generating Duplex: The property is a duplex with two large two-bedroom units, each featuring separate gas and electric meters, and individual hot water heaters, optimizing expense control for the owner.
Exceptional Park Proximity & Amenities: Located just three blocks from Athens Park, offering extensive amenities including sports fields, a large swimming pool, tennis courts, workout areas, and diverse community programs, significantly enhancing lifestyle and tenant appeal.
Recently Remodeled Front Unit: The front unit has undergone a recent remodel, featuring recessed lighting, a new water heater, stone countertops, new cabinetry, high-end vinyl plank flooring, new appliances, and upgraded electrical.
Value-Add Potential: There's a clear opportunity to enclose the back-alley yard for up to four additional parking spaces, a strategy successfully implemented by other local owners, which could increase rental income or property value.
Generous Outdoor Space: The property boasts large front, back, and side yards, complete with various fruit trees, providing appealing outdoor living space and potential for gardening or tenant enjoyment.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-06-12. The sold price is $825,000.00.
Property Age & Potential Deferred Maintenance: Built in 1948, the property is 76 years old. While the front unit is remodeled, the second unit and overall infrastructure may require significant maintenance or updates not explicitly mentioned.
Ongoing Exterior Upgrades: Additional exterior upgrades are currently in progress, indicating the property is not fully aesthetically complete or move-in ready, which might require patience from a buyer.
Unspecified Condition of Second Unit: The description details extensive remodels for the front unit but provides no information on the condition or updates of the second unit, suggesting it may be in original or less updated condition.

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