4173 Hubbard Street, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath
ACTIVE$675,000
4173 Hubbard Street, Los Angeles, California 90023
0Bed
0Bath
1,680Sqft
4,273Lot
Year Built
1963
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$402
HOA
-
Days on market
-
Sold On
-
MLS number
MB24211590
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $675.0K(62th), sqft - 1680(50th), beds - undefined(50th), baths - undefined(50th).
Nice area of E.L.A. Close to everything, good investment property, rent one and live in the other one .
Condition Rating
Poor
The property was built in 1963, making it over 60 years old. The kitchen, as depicted in the images, features extremely dated yellow tiled countertops and old cabinets, suggesting it has not been significantly updated in many decades, likely 30-50 years ago. While the exterior appears structurally sound, the age of the property implies that major systems (plumbing, electrical, HVAC) are likely original or very old and will require substantial repairs and rehabilitation to meet modern standards and comfort. The overall condition points to a need for significant investment.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering the flexibility of owner-occupancy with rental income or full investment potential, as highlighted by the description 'rent one and live in the other one'.
Strategic East LA Location: Located in a 'Nice area of E.L.A. Close to everything,' suggesting convenience, accessibility, and potential for strong rental demand in a dynamic Los Angeles submarket.
Investment Opportunity: Explicitly marketed as a 'good investment property,' appealing to buyers looking for value-add opportunities or consistent cash flow in a high-demand urban area.
Desirable Property Type: Duplexes are highly sought after in urban markets like Los Angeles for their versatility, offering both owner-occupancy benefits and income potential.
Competitive Price Point: With a list price of $675,000, it represents a relatively accessible entry point for an income-generating property in the Los Angeles real estate market.
Cons
Advanced Age of Construction: Built in 1963, the property is over 60 years old, indicating a high likelihood of needing significant updates to major systems (plumbing, electrical, roofing) and cosmetic renovations to meet modern standards and tenant expectations.
Lack of Detailed Property Information: The provided description is extremely brief and generic, offering no specifics on the property's current condition, recent upgrades, or unique features, which can deter potential buyers and necessitate extensive due diligence.
Potential for Deferred Maintenance: Given the property's age and the absence of descriptive updates, there is an implied risk of deferred maintenance and significant capital expenditures required post-purchase to maximize rental income or owner-occupant comfort.