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634 Romulo Street, Los Angeles, California 90065, Los Angeles, 90065 - bed, bath

634 Romulo Street, Los Angeles, California 90065 home-pic-0
ACTIVE$925,000
634 Romulo Street, Los Angeles, California 90065
0Bed
0Bath
1,276Sqft
5,049Lot
Year Built
1925
Close
-
List price
$925K
Original List price
$925K
Price/Sqft
$725
HOA
-
Days on market
-
Sold On
-
MLS number
PW25015924
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $925.0K(25th), sqft - 1276(25th), beds - undefined(50th), baths - undefined(50th).

Nestled in the heart of the vibrant and centrally located Cypress Park neighborhood, this triplex offers endless potential for homeowners and investors alike. Featuring three units, each with unique character and charm, this property provides the perfect blend of functionality and opportunity for customization. The property includes three 1-bedroom units. Set on a generously sized lot, there’s plenty of outdoor space to reimagine for entertaining, gardening, or future ADU Development. Situated on a quiet street with easy access to shops, restaurants, and parks, this property is also a commuter’s dream, with close proximity to major freeways and public transportation options. Cypress Park is a neighborhood on the rise, known for its growing creative energy, diverse dining options, and outdoor recreation. Just minutes from hotspots like Highland Park, Frogtown, and the LA River Bike Path, this triplex is ideally positioned for those seeking a dynamic lifestyle and excellent long-term value. Whether you’re looking to generate rental income, create a multi-generational living space, or craft your dream home, this property is a rare opportunity to own in one of LA’s most exciting neighborhoods. Don’t miss out—this gem is ready to shine!

Nearby schools

4/10
Loreto Street Elementary School
Public,•K-5•0.4mi
2/10
Aragon Avenue Elementary School
Public,•K-5•0.4mi
2/10
Hillside Elementary School
Public,•K-5•0.6mi
7/10
Dorris Place Elementary School
Public,•K-6•0.9mi
4/10
Glassell Park Elementary School
Public,•K-6•1.3mi
3/10
Albion Street Elementary School
Public,•K-6•1.4mi
5/10
Florence Nightingale Middle School
Public,•6-8•0.3mi
6/10
Irving STEAM Magnet
Public,•6-8•2.2mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•1.5mi

Price History

Date
Event
Price
01/27/25
Listing
$925,000
Condition Rating
Poor
Built in 1925, this property is nearly 100 years old. The complete absence of interior images, particularly of the kitchens and bathrooms, strongly suggests these areas are in very poor, outdated, or even dilapidated condition. The exterior appears dated and somewhat neglected. The description emphasizes 'endless potential' and 'opportunity for customization,' which are common euphemisms for a property requiring substantial repairs and rehabilitation. While not explicitly stated as 'unlivable,' the lack of interior photos for a property of this age indicates it likely requires significant investment to address outdated systems, fixtures, and overall aesthetics, making it uncomfortable or unsafe in its current state without major work.
Pros & Cons

Pros

Income-Generating Triplex: Offers three 1-bedroom units, providing immediate rental income potential and flexibility for investors or owner-occupants seeking to offset housing costs.
High-Growth & Desirable Neighborhood: Located in Cypress Park, a vibrant, centrally located, and 'on the rise' neighborhood known for its creative energy, diverse amenities, and excellent long-term value appreciation.
Significant ADU Development Potential: Features a generously sized lot (5049 sqft) with explicit mention of 'future ADU Development,' presenting a substantial opportunity to increase property value and rental income.
Excellent Connectivity & Local Amenities: Situated on a quiet street with easy access to major freeways, public transportation, and a wealth of local shops, restaurants, and parks, enhancing convenience for residents.
Versatile Investment & Lifestyle Opportunity: Caters to a wide range of buyers, from pure investors seeking rental income to multi-generational families or owner-occupants looking to customize and build equity in a dynamic LA neighborhood.

Cons

Age and Potential for Outdated Systems: Built in 1925, the property is nearly a century old, suggesting potential for outdated infrastructure (plumbing, electrical) and the need for significant capital investment in system upgrades and modernization.
Compact Unit Sizes: With three 1-bedroom units totaling 1276 sqft, individual unit sizes are relatively small, which may limit the tenant pool or rental income potential compared to properties with larger units.
Requires Substantial Renovation/Customization: The description implies the property is not turn-key, requiring significant investment in customization and renovation to fully realize its 'endless potential' and maximize its market value.

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