1920 1922 Mellon Avenue, Los Angeles, California 90039, Los Angeles, 90039 - bed, bath

1920 1922 Mellon Avenue, Los Angeles, California 90039 home-pic-0
ACTIVE$1,090,000
1920 1922 Mellon Avenue, Los Angeles, California 90039
0Bed
0Bath
2,734Sqft
5,195Lot
Year Built
1934
Close
-
List price
$1.09M
Original List price
$1.2M
Price/Sqft
$399
HOA
-
Days on market
-
Sold On
-
MLS number
P1-19518
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.09M(42th), sqft - 2734(83th), beds - undefined(50th), baths - undefined(50th).

2 On-a-Lot (2-Units) in Sought-After 'Elysian Valley / Frogtown' community of NELA. First Time on market in 60 years! Priced below market. Live in one, Rent the other to help with mortgage payments.Recent Huge Price Reduction because only back unit to be delivered vacant!!!*** FRONT HOUSE (1922): Originally built 1966 w/2nd Story Addition in 1976 (all permitted). 4BR + Bonus 5th BR (or office), 23/4 Bathrooms. Formal Dining Room, Large Kitchen w/Breakfast Bar and additional dining area w/Recessed Lighting; built-in Range and Double Oven + Slider to side yard. 2nd Floor Family Room (at landing) and double doors to large Master Bedroom Suite with walk-in closet and Full Bathroom. Laundry Closet in Bonus Room. Attached 2-Car Carport w/lots of storage cabinets. Front fenced yard. Systems: Central A/C, forced air heating, copper plumbing, saltillo tile (most of 1st floor), laminate (BR#4 - 1st fl, & Family Room - 2nd fl), carpet (all 2nd fl BR's).- Front House is tenant occupied and can be shown with 24-hour advance notice.*** BACK HOUSE (1920): Buyer's can occupy Back House and delivered vacant at close of escrow. This is the original property on lot, which was built in 1936. 2-Story, 2BR, 13/4 Bathrooms. Living Room w/Fireplace, Spacious Formal Dining Room; both with arched entries and coved ceilings. Large Kitchen w/storage & pantry. Laundry Room w/door to back w/doggie door. 2nd Floor Master Bedroom Suite w/lots of windows and your own Bathroom. 1st Floor Master Bedroom Suite w/3/4 Bathroom. Attached 1-Car Garage. Hardwood floors (liv room, FDR, 1st fl BR), tile (kitchen, laundry), carpet (2nd floor master BR).- Back House is Vacant at Close of Escrow.*** Located near 2, 5 & 110 freeways, Dodger Stadium, DTLA, transportation, parks, L.A. River and more. There is a lot of new development in community, so now is your chance to buy while you can.

Price History

Date
Event
Price
07/31/25
$1,090,000
10/07/24
$1,195,000
Condition Rating
Fair

This duplex, with units built in 1936 and 1966 (with a 1976 addition), shows signs of regular maintenance but lacks recent major renovations. The visible kitchen features dated white tile countertops, older cabinets, and appliances, suggesting updates from 15-30 years ago. The bathroom also presents an older vanity and fixtures. While systems like central A/C, forced air heating, and copper plumbing are noted in the front unit, the overall aesthetic, including popcorn ceilings and a mix of older flooring types (saltillo tile, laminate, carpet), indicates that the property is aged but functional, requiring minor updates to meet current styles and standards.
Pros & Cons

Pros

Income-Generating Duplex: The property offers a flexible 'live-in-one, rent-the-other' model with the back unit delivered vacant at close of escrow, providing immediate income potential or owner-occupancy.
Prime Location & Growth: Situated in the sought-after 'Elysian Valley / Frogtown' community with significant new development, excellent freeway access (2, 5, 110), and proximity to DTLA, Dodger Stadium, and the LA River, suggesting strong appreciation potential.
Compelling Value Proposition: The property has undergone a 'huge price reduction' and is explicitly noted as 'priced below market,' offering an attractive entry point for investors or owner-occupants.
Updated Front Unit: The larger front unit (1922) features modern amenities including central A/C, forced air heating, copper plumbing, and a permitted 2nd-story addition, enhancing its appeal and functionality.
Rare Market Opportunity: This is the first time the property has been on the market in 60 years, presenting a unique and potentially high-demand offering in a rapidly developing area.

Cons

Tenant-Occupied Front Unit: The front house is currently tenant-occupied, which may complicate immediate renovation plans or full owner control, and requires 24-hour advance notice for showings.
Age of Back Unit: The back unit (1920), built in 1936, is the original structure on the lot, implying potential for older systems, deferred maintenance, or the need for updates not explicitly detailed.
Disparity in Unit Amenities: While the front unit boasts central A/C and copper plumbing, these modern upgrades are not explicitly mentioned for the older back unit, suggesting a potential difference in comfort and system quality between the two dwellings.

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