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4682 Paula Street, Los Angeles, California 90032, Los Angeles, 90032 - bed, bath

4682 Paula Street, Los Angeles, California 90032 home-pic-0
ACTIVE$774,900
4682 Paula Street, Los Angeles, California 90032
0Bed
0Bath
1,726Sqft
6,751Lot
Year Built
1939
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$449
HOA
-
Days on market
-
Sold On
-
MLS number
RS25224824
Home ConditionFair
Features
Deck
View-

About this home

Great Deal:The estimated price is 6% above the list price. We found 3 Cons,5 Pros. Rank: price - $774.9K(50th), sqft - 1726(33th), beds - undefined(50th), baths - undefined(50th).

Fantastic opportunity for a duplex in a highly desired location! First unit is a two bedroom, one and a half bath downstairs and the second unit is a two bedroom, one bath upstairs with a balcony deck. Both units are tenant occupied and in great condition. Downstairs unit has a formal dining room and a large kitchen. Great potential for an investment property or live in one and get income from the other. Large back yard with a storage room at the rear of the lot. Two car garage with alley access behind the storage room. Both units have washer hookups and upstairs unit has both washer and dryer hookups.

Price History

Date
Event
Price
09/24/25
Listing
$774,900
Condition Rating
Fair
The property, built in 1939, is aged but appears to be maintained and functional for tenant occupancy. However, the images reveal significantly outdated kitchens and bathrooms with older appliances, basic fixtures, and dated finishes (e.g., wood-toned cabinets, tile countertops, older white appliances, linoleum/vinyl flooring). While livable, these areas require substantial cosmetic updates to meet current standards and appeal. The overall condition suggests regular upkeep but no extensive renovations within the last 15-30 years, aligning with the 'fair' category.
Pros & Cons

Pros

Income-Generating Duplex: This property is a fantastic opportunity for a duplex, offering immediate income potential as both units are tenant-occupied, or the flexibility to live in one unit and rent out the other.
Desirable Location: Situated in a highly desired location in Los Angeles (Monterey Hills area), enhancing its appeal for both renters and potential owner-occupants.
Good Unit Condition & Features: Both units are described as being in great condition, with the downstairs unit featuring a formal dining room and large kitchen, and the upstairs unit boasting a balcony deck.
Ample Parking & Storage: The property includes a two-car garage with convenient alley access and a large backyard with an additional storage room, providing significant utility and value.
Tenant Conveniences: Both units are equipped with washer hookups, and the upstairs unit further benefits from both washer and dryer hookups, a desirable amenity for tenants.

Cons

Age of Property: Built in 1939, the property's age may imply potential for older systems (plumbing, electrical) and higher ongoing maintenance costs compared to newer constructions.
Tenant Occupancy for Owner-Occupants: While a strength for investors, existing tenant occupancy in both units could present challenges or delays for a buyer intending to owner-occupy one of the units.
Lack of Specific System Updates: The description notes units are in 'great condition' but lacks details on major system updates (e.g., HVAC, roof, electrical), which could be a concern for a property of this vintage.

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