529 Sydney Drive, East Los Angeles, California 90022, East Los Angeles, 90022 - 5 bed, 2 bath
ACTIVE$829,999
529 Sydney Drive, East Los Angeles, California 90022
5Beds
2Baths
1,611Sqft
6,820Lot
Year Built
1965
Close
-
List price
$830K
Original List price
$825K
Price/Sqft
$515
HOA
-
Days on market
-
Sold On
-
MLS number
SR25215249
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
We found 3 Cons,5 Pros. Rank: price - $830.0K(53th), sqft - 1611(24th), beds - 5(82th), baths - 2(71th).
TURNKEY ELA DUPLEX Cash flow + Move in ready Seize this rare opportunity in the heart of ELA. Turnkey duplex features two separate units with fresh exterior paint. The larger unit, delivered vacant, boasts new flooring and fresh interior paint, ready for immediate occupancy or rental. The smaller unit is tenant-occupied, providing instant rental income. Perfectly situated near schools, shopping, and major freeways, this property is ideal for investors or owner-occupants looking for flexibility and value. Don't miss out-schedule your showing today! All info deemed reliable but not guaranteed . Buyer/Agent to verify all material facts independently.
Price History
Date
Event
Price
11/21/25
Price Change
$829,999+6.4%
11/19/25
Price Change
$779,999+4.0%
11/16/25
Price Change
$749,999-3.8%
11/15/25
Price Change
$779,900+4.0%
11/05/25
Price Change
$749,900-9.6%
11/04/25
Price Change
$829,900+10.7%
10/31/25
Price Change
$749,900-7.4%
10/30/25
Price Change
$809,900+8.0%
10/25/25
Price Change
$749,900-6.3%
09/27/25
Price Change
$799,900-1.2%
09/25/25
Price Change
$809,900-2.4%
09/18/25
Price Change
$829,900+0.6%
09/11/25
Listing
$824,900
Condition Rating
Fair
Built in 1965, the property has received recent cosmetic updates such as fresh exterior paint, new interior paint, and new flooring in the vacant unit, making it 'turnkey' and move-in ready. However, the kitchen features very dated light wood cabinets, basic countertops, a bare bulb light fixture, and no visible appliances, indicating a significant need for modernization. The dining area also has a dated chandelier and older tile flooring. While functional, major components like the kitchen and likely the bathrooms (unseen) are aesthetically outdated and would require substantial renovation to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property is a turnkey duplex with one unit already tenant-occupied, providing instant rental income, and the second unit delivered vacant for immediate occupancy or rental.
Turnkey Condition: The vacant unit boasts new flooring and fresh interior paint, and the exterior has fresh paint, making it move-in or rent-ready with minimal immediate investment.
Strategic Location: Conveniently located near schools, shopping centers, and major freeways, enhancing its appeal for both tenants and owner-occupants.
Flexible Ownership Opportunity: Ideal for both investors seeking cash flow and owner-occupants looking to live in one unit while generating income from the other.
Recent Cosmetic Updates: Fresh exterior paint and new interior flooring/paint in the vacant unit contribute to improved curb appeal and immediate livability.
Cons
Age of Property & Potential System Obsolescence: Built in 1965, the property may have original or older major systems (e.g., plumbing, electrical, HVAC, roof) that could require significant future investment, as no updates to these are specified.
Unspecified Condition of Occupied Unit: While the vacant unit has updates, the condition of the tenant-occupied unit is not detailed, potentially implying it has not received similar renovations and may require future upgrades.
Volatile Listing Price History: The property has experienced numerous and significant price changes since its initial listing, which could indicate challenges in market valuation or previous buyer interest, potentially complicating future negotiations.