About this home

We found 3 Cons,5 Pros. Rank: price - $905.0K(72th), sqft - 1634(22th), beds - 5(83th), baths - 2(72th).

Discover an incredible investment opportunity in 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 first-time buyers, or those seeking alive-in-one,tenant in place scenario. This well-situated duplex features two separate units, each designed to maximize comfort and functionality. One unit layout with 3 bedrooms and 1 bathroom with its own private entrance and ample living space, extra additional studio with private entry. 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. This duplex presents endless possibilities. Don't miss your chance to own a piece of East Los Angeles.

Condition Rating

Poor

Built in 1965, the property's description explicitly states it 'likely requires significant modern upgrades and renovations to meet contemporary standards and maximize its value.' While the exterior appears maintained in the provided image, the lack of interior photos combined with the strong language regarding the need for 'significant' upgrades suggests that the kitchen, bathrooms, and other interior components are very outdated and require substantial rehabilitation, aligning with the 'poor' condition criteria for properties needing extensive modernization and capital expenditure.

Pros & Cons

Pros

Strong Investment & Income Potential: As a duplex in a desirable area, it offers immediate rental income potential with existing tenants and flexibility for owner-occupancy or multiple income streams, including a potential studio unit.

Excellent Location & Accessibility: Situated in the vibrant heart of East Los Angeles (90022), providing urban convenience, easy access to major freeways (5, 710, 60), Downtown LA, and a wealth of local amenities, shopping, and dining.

Significant Value-Add & ADU Potential: The generous 6,820 sqft lot offers ample space for future enhancements, including the potential to add an Accessory Dwelling Unit (ADU) with proper permits, significantly increasing property value and income.

Flexible Living & Rental Configurations: Features two separate units, including a 3-bedroom, 1-bathroom unit and an additional studio with private entry, allowing for versatile living arrangements or multiple rental opportunities.

Desirable Outdoor Space & Parking: Boasts a generous lot with mature fruit trees, outdoor space for relaxation, a shared driveway, and a 2-car detached garage, providing valuable parking and green space.

Cons

Age & Need for Modernization: Built in 1965, the property likely requires significant modern upgrades and renovations to meet contemporary standards and maximize its value, implying additional capital expenditure.

Compact Interior Layout: With 1,634 sqft distributed across 5 bedrooms and 2 bathrooms in a duplex configuration, individual unit and room sizes may be relatively compact, potentially limiting spaciousness.

Absence of Notable Views: The property description indicates 'None' for views, which could be a drawback in a market where scenic vistas often command a premium.

About this home

Pros

Cons

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529 531 South Sydney Drive, East Los Angeles, California 90022, East Los Angeles, 90022 - 5 bed, 2 bath

About this home

Pros

Cons

Best solution for experienced home buyers!

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