1445 W 20th Street, Los Angeles, California 90007, Los Angeles, 90007 - 9 bed, 3 bath
ACTIVE$1,390,000
1445 W 20th Street, Los Angeles, California 90007
9Beds
3Baths
4,098Sqft
5,892Lot
Year Built
1993
Close
-
List price
$1.39M
Original List price
$1.49M
Price/Sqft
$339
HOA
-
Days on market
-
Sold On
-
MLS number
PW25033728
Home ConditionFair
Features
View
About this home
We found 3 Cons,5 Pros. Rank: price - $1.39M(80th), sqft - 4098(40th), beds - 9(80th), baths - 3(60th).
Great investment property with 3 large units and gated parking for tenants. Units are near USC campus on a large corner lot with excellent curb appeal. Very well kept property and maintained by management.
Price History
Date
Event
Price
10/01/25
Price Change
$1,390,000
02/14/25
Listing
$1,490,000
03/27/18
Sold
$1,225,000
08/31/98
Sold
$247,000
Condition Rating
Fair
The property was built in 1993, making it 31 years old. While the exterior appears well-maintained and the description states it is 'very well kept property and maintained by management,' there are no interior images to assess the condition of the kitchen, bathrooms, appliances, or other interior features. For a property of this age without explicit mention of recent extensive renovations, it's reasonable to assume that while functional, interior components may be dated or show signs of wear consistent with their age. This aligns with the 'Fair' category, which describes properties built over 20 years ago that are maintained but may have outdated major components.
Pros & Cons
Pros
Strong Investment Opportunity: Explicitly marketed as a 'Great investment property' and a 'Residential Income' triplex, offering multiple rental streams and diversified income potential.
Prime University Location: Situated 'near USC campus,' ensuring high demand for student or faculty housing and potentially stable rental income in a desirable urban area.
Multi-Unit Configuration: Features three large units (9 beds, 3 baths total across 4098 sqft) providing diversified income and appealing to a broader tenant base.
Valuable Tenant Amenities: Includes 'gated parking for tenants,' a significant advantage in a dense urban environment like Los Angeles, enhancing tenant satisfaction and property value.
Recent Price Reduction: The list price has been reduced from $1.49M to $1.39M, indicating a recent adjustment that may present a more attractive value proposition for potential buyers.
Cons
Lack of Specific Unit Details: The description lacks specific information on individual unit layouts, square footage, or interior condition/updates, which can make it challenging for investors to fully assess rental potential and required renovations.
Potential for High Tenant Turnover: Proximity to a university, while a strength for demand, can also lead to higher tenant turnover rates, requiring more frequent leasing efforts and associated costs.
Age of Property & Systems: Built in 1993, while described as well-kept, the property's age suggests that major systems (HVAC, plumbing, electrical) may be original and nearing the end of their expected lifespan, potentially requiring future capital expenditures.