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465 S Savannah Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath

465 S Savannah Street, Los Angeles, California 90033 home-pic-0
ACTIVE$619,900
465 S Savannah Street, Los Angeles, California 90033
0Bed
0Bath
1,430Sqft
5,840Lot
Year Built
1923
Close
-
List price
$620K
Original List price
$669K
Price/Sqft
$433
HOA
-
Days on market
-
Sold On
-
MLS number
SR25078878
Home ConditionPoor
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $619.9K(31th), sqft - 1430(31th), beds - undefined(50th), baths - undefined(50th).

Investment Opportunity in Prime Los Angeles Location! Rare and versatile duplex property offering potential for both investors and owner-occupants. Whether you're looking to generate rental income, live in one unit and rent out the other, or expand your investment portfolio, this property checks every box. Located in a high-demand neighborhood, this charming duplex features two separate units, each with its own entrance, living space, kitchen, and bathroom(s). The layout offers maximum flexibility—live in one unit and lease the other to offset your mortgage, or rent both for a steady stream of passive income in one of LA’s strongest rental markets. Additional features include ample parking, a private yard space, and proximity to public transit, schools, parks, shopping, dining, and major freeways. Its central location makes it even more attractive to tenants and commuters, ensuring consistent rental interest. Whether you're a savvy investor or a homeowner looking for added income, this property presents a unique opportunity to own a versatile and valuable property in the heart of Los Angeles.

Price History

Date
Event
Price
11/25/08
Sold
$205,000
07/10/03
Sold
$247,500
02/27/01
Sold
$156,500
Condition Rating
Poor
Built in 1923, this property is over a century old. The listing explicitly notes 'Age of Property' as a weakness, implying outdated systems and a need for significant renovations. The absence of interior photos, particularly of kitchens and bathrooms, for a property of this age strongly suggests these critical areas are in poor, outdated condition. A visible window AC unit further indicates a lack of modern HVAC. The property requires substantial repairs and modernization to meet current living standards.
Pros & Cons

Pros

Income Potential & Versatility: This rare duplex offers significant investment potential, allowing for rental income generation, owner-occupancy with supplemental income, or portfolio expansion in a strong rental market.
Prime & High-Demand Location: Situated in a central, high-demand Los Angeles neighborhood with excellent proximity to public transit, schools, parks, shopping, dining, and major freeways, ensuring consistent tenant interest.
Flexible Duplex Configuration: Features two separate units, each with its own entrance, living space, kitchen, and bathroom(s), providing maximum flexibility for both tenants and owners.
Ample Parking: The property includes ample parking, a highly desirable and valuable amenity in a dense urban environment like Los Angeles.
Private Yard Space: Offers a private yard space, enhancing the living experience for residents and adding appeal in an urban setting.

Cons

Age of Property: Built in 1923, the property is over a century old, which may imply outdated systems (plumbing, electrical) and potential for higher maintenance costs or the need for significant renovations to modernize.
Lack of Specific Condition Details: The description emphasizes potential but lacks specific details on the current condition or recent upgrades of the units, suggesting a buyer may need to budget for immediate repairs or renovations.
Limited View: While it 'has_view', it is specified as a 'Neighborhood' view, indicating the absence of premium views (e.g., city skyline, ocean, mountains) that often command higher values in Los Angeles.

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