529 531 S. Sydney Drive, East Los Angeles, California 90022, East Los Angeles, 90022 - 4 bed, 2 bath

529 531 S. Sydney Drive, East Los Angeles, California 90022 home-pic-0
ACTIVE$919,000
529 531 S. Sydney Drive, East Los Angeles, California 90022
4Beds
2Baths
1,611Sqft
6,820Lot
Year Built
1965
Close
-
List price
$919K
Original List price
$919K
Price/Sqft
$570
HOA
-
Days on market
-
Sold On
-
MLS number
SR25046258
Home ConditionFair
Features
ViewNeighborhood

About this home

We found 2 Cons,3 Pros. Rank: price - $919.0K(72th), sqft - 1611(22th), beds - 4(72th), baths - 2(72th).

Discover an incredible investment opportunity in the heart of East Los Angeles with this charming duplex. Perfectly positioned in the vibrant 90022 Zip code, this property offers the ideal blend of urban convenience and residential appeal, making it a standout choice for investors, first-time buyers, or those seeking a live-in-one, tenant in place scenario. This well-situated duplex features two separate units, each designed to maximize comfort and functionality. The front unit layout with 3 bedrooms and 1 bathroom with its own private entrance and ample living space. Both units provide privacy and flexibility, with potential for modern upgrades to enhance value. Nestled on a generous lot with mature mango and fig tree and shared driveway, 2 car detached garage, offering outdoor space for relaxation, or future enhancements like an ADU (with proper permits). The duplex is just minutes from major freeways (5, 710, and 60), providing easy access to Downtown Los Angeles, while nearby amenities such as Commerce Center Mall, Citadel Outlets, and local schools add to its appeal. Located in a culturally rich and thriving community, surrounded by shopping, dining, and entertainment options, all within short drive or walk. Whether you're looking to generate rental income or establish a foothold in one of LA's most dynamic neighborhoods, this duplex presents endless possibilities. Don't miss your chance to own a piece of East Los Angeles.

Condition Rating
Fair

The property was built in 1965 and the description mentions potential for modern upgrades, suggesting it hasn't been fully renovated recently. The presence of mature trees and a shared driveway also points to an older property. While the units are described as maximizing comfort and functionality, the need for upgrades indicates that the condition is likely fair, requiring some updates to bring it to a more modern standard. The single image provided does not offer enough detail to assess the interior condition definitively, but the overall description suggests a 'Fair' condition.
Pros & Cons

Pros

Investment Opportunity: Duplex in a desirable East Los Angeles location (90022 zip code) offers excellent potential for rental income or live-in-one, rent-the-other scenario.
Convenient Location: Close proximity to major freeways (5, 710, and 60) provides easy access to Downtown Los Angeles and surrounding areas.
Development Potential: Generous lot size (6820 sqft) with mature trees offers potential for future enhancements, such as an ADU (subject to permits).

Cons

Year Built: Built in 1965, the property may require updates to meet modern standards and preferences.
Shared Driveway: Shared driveway may present parking or access challenges.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state