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1649 W 56th Street, Los Angeles, California 90062, Los Angeles, 90062 - bed, bath

1649 W 56th Street, Los Angeles, California 90062 home-pic-0
ACTIVE$600,000
1649 W 56th Street, Los Angeles, California 90062
0Bed
0Bath
1,448Sqft
4,960Lot
Year Built
1923
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$414
HOA
-
Days on market
-
Sold On
-
MLS number
OC25263941
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $600.0K(11th), sqft - 1448(17th), beds - undefined(50th), baths - undefined(50th).

Great investment opportunity in South Los Angeles! This duplex offers strong potential for rental income or redevelopment. The front unit features 2 bedrooms, 1 bathroom, and an indoor laundry area, while the rear unit offers 1 bedroom, 1 bathroom. The property includes a long driveway for ample parking and is conveniently located near major LA landmarks, including the Natural History Museum, LA Memorial Coliseum, USC, and BMO Stadium. Close to restaurants, shopping, public transportation, and easy freeway access, this location offers both convenience and strong rental demand. Ideal for investors, flippers, or owner-users looking to customize and add value.

Price History

Date
Event
Price
11/24/25
Listing
$600,000
Condition Rating
Poor
Built in 1923, this property is over 100 years old and shows significant signs of age and deferred maintenance. The description explicitly states it's for 'investors, flippers, or owner-users looking to customize and add value,' indicating it's not move-in ready. The images reveal heavily worn and stained carpets, scuffed and damaged walls, and extremely outdated kitchens and bathrooms. The kitchens feature old tile countertops, basic worn cabinets, and old tile flooring. The bathrooms have basic, dated vanities and old tile surrounds. While one stove appears newer, the overall condition of the property requires substantial repairs and rehabilitation, including major updates to all systems, finishes, and fixtures.
Pros & Cons

Pros

Income-Generating Duplex: The property is a duplex, offering immediate potential for rental income from two separate units, which is ideal for investors.
Strategic Location: Conveniently located near major LA landmarks such as the Natural History Museum, LA Memorial Coliseum, USC, and BMO Stadium, enhancing its appeal to tenants.
High Rental Demand Area: The location boasts strong rental demand, supported by proximity to restaurants, shopping, public transportation, and easy freeway access.
Value-Add Potential: Explicitly marketed for investors, flippers, or owner-users looking to customize and add value, indicating significant upside potential through renovation or redevelopment.
Ample Parking: The property includes a long driveway, providing ample parking, a valuable amenity in a dense urban environment like Los Angeles.

Cons

Historic Age: Built in 1923, the property is likely to have outdated systems, infrastructure, and finishes, potentially requiring substantial capital for modernization.
Requires Significant Investment: The description highlights the need for customization and value-add, implying the property is not turn-key and will require considerable financial and time investment for renovations or redevelopment.
Potential for Deferred Maintenance: Given its age and the focus on investment/redevelopment, there is a high likelihood of deferred maintenance issues that will need to be addressed by a new owner.

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