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447 W 67th, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

447 W 67th, Los Angeles, California 90003 home-pic-0
ACTIVE UNDER CONTRACT$675,000
447 W 67th, Los Angeles, California 90003
0Bed
0Bath
2,112Sqft
5,195Lot
Year Built
1924
Close
-
List price
$675K
Original List price
$795K
Price/Sqft
$320
HOA
-
Days on market
-
Sold On
-
MLS number
DW25222596
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $675.0K(36th), sqft - 2112(60th), beds - undefined(50th), baths - undefined(50th).

Beautiful quadruplex in Los Angeles . 4 units with identical floor plans each with 1 bed 1 bath along with a laundry room that can double as a pantry . This property is brimming . This is the perfect template to adapt to many styles . Flooded by natural light from all rooms on both sides of the units, it welcomes you and is a perfect place for many types of potential tenants . Excellent 4 unit residential income opportunity — ideal for generating future cash flow. Spacious front yard for pets and gatherings . Each window has stylish metal bars for tenant security . Near major traffic corridors such as the I-110, I-105, I-10 and many others . Lots of potential to generate passive income . It is beautiful blue and matches the sky . The smallest TLC makes the biggest difference .Opportunities like this don't last long! Great price per unit . One unit needs significant work, major fixer opportunity !

Price History

Date
Event
Price
12/11/25
Price Change
$675,000-15.1%
09/22/25
Listing
$795,000
Condition Rating
Poor
Built in 1924, this property shows extensive signs of age, neglect, and deferred maintenance. The images reveal heavily stained carpets, dirty and damaged walls, and outdated light fixtures throughout. While one kitchen has newer stainless steel appliances, the cabinets, countertops, and mismatched flooring are very old and worn. The visible bathroom also appears significantly dated and in poor condition. The listing description itself confirms the need for 'significant work' and describes one unit as a 'major fixer opportunity,' indicating substantial repairs and rehabilitation are required across the property.
Pros & Cons

Pros

Strong Income Potential: A quadruplex configuration with identical 1-bed/1-bath units offers excellent residential income opportunity and cash flow generation.
Prime Accessibility: Strategically located near major traffic corridors (I-110, I-105, I-10), enhancing tenant desirability and property value.
Abundant Natural Light: Units are 'flooded by natural light from all rooms,' creating a welcoming atmosphere attractive to a wide range of potential tenants.
Enhanced Security & Outdoor Amenity: Features stylish metal window bars for tenant security and a spacious front yard suitable for pets and gatherings.
Competitive Value: Positioned as a 'great price per unit' with a recent price adjustment, offering a potentially attractive entry point for investors.

Cons

Major Fixer Unit: One of the four units requires 'significant work' and is described as a 'major fixer opportunity,' necessitating immediate capital investment and potential vacancy.
Age-Related Maintenance: Built in 1924, the property may present ongoing maintenance challenges and require updates to older systems, despite the 'smallest TLC' suggestion.
Recent Price Reduction: A notable price drop from $795,000 to $675,000 could indicate initial overpricing or market resistance, potentially signaling underlying issues or a need for a quicker sale.

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