4129 Fisher St Street, Los Angeles, California 90063, Los Angeles, 90063 - 4 bed, 2 bath

ACTIVE$700,000
4129 Fisher St Street, Los Angeles, California 90063
4Beds
2Baths
1,925Sqft
50,104Lot
Year Built
1924
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$364
HOA
-
Days on market
-
Sold On
-
MLS number
219130787DA
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $700.0K(57th), sqft - 1925(92th), beds - 4(84th), baths - 2(50th).
Incredible Investment Opportunity! This East Los Angeles duplex features two separate units, each offering 2 bedrooms and 1 bathroom -- ideal for generating strong rental income or living in one while renting the other. Located just minutes from East Los Angeles College, this property enjoys high demand from students and local professionals alike. Don't miss this chance to own a versatile property in a prime location with high income potential and long-term value.
Condition Rating
Poor
Built in 1924, this property is nearly a century old. The listing explicitly states a 'weakness' regarding its age, noting it's 'likely to require significant updates to its systems (plumbing, electrical) and general renovations to meet modern standards and tenant expectations.' The complete absence of interior photos, especially of kitchens and bathrooms, strongly suggests these areas are severely outdated, likely original or last renovated decades ago, and would require substantial rehabilitation. The exterior image shows an aged building with security bars, consistent with a property needing major updates. While marketed as an investment, it's clear significant capital expenditures are needed to bring it to a desirable, modern standard.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50104, living area = 1925.
Duplex Configuration: Features two separate 2-bed, 1-bath units, providing excellent flexibility for generating strong rental income or owner-occupancy with supplemental income.
Prime Location: Strategically located minutes from East Los Angeles College, ensuring high demand from students and local professionals for rental units.
Exceptional Lot Size: A very generous lot size of 50,104 sqft offers significant potential for expansion, additional dwelling units (ADUs), or substantial outdoor amenities.
High Income Potential: Explicitly marketed as an 'Incredible Investment Opportunity' with 'high income potential' due to its multi-unit nature and desirable location.
Long-Term Value: The property's location in East Los Angeles and its income-generating capacity contribute to strong long-term appreciation and value.
Cons
Age of Property: Built in 1924, the property is likely to require significant updates to its systems (plumbing, electrical) and general renovations to meet modern standards and tenant expectations.
Subtype Discrepancy: Described as a 'duplex' but listed with a 'Single Family Residence' subtype, which could lead to complications with financing, zoning, or legal classification and requires verification.
Lack of Condition Details: The description focuses on investment potential but provides no information on recent renovations or the current condition of the units, suggesting potential for immediate capital expenditures.