834 E 33rd Street, Los Angeles, California 90011, Los Angeles, - bed, bath

ACTIVE$944,900
834 E 33rd Street, Los Angeles, California 90011
0Bed
0Bath
2,085Sqft
5,269Lot
Year Built
1908
Close
-
List price
$945K
Original List price
$850K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR24135335
Home ConditionGood
Features
View-
About this home
$83,376 income per year/ $7121 per month fully occupied!!! Live in the VACANT 3 bedroom 2 bath unit or rent both out and enjoy a positive cash flow from day one on FULLY REMODELED units and a great high end paying great SECTION 8 TENANTS!!!! 3/2 bedroom is VACANT and 2/1 is a sec 8 tenant with a payment of $3225. The property is located in a very attractive location and has a huge back yard room for a 2 story ADU to add extra future value! SUBMIT YOUR OFFER TODAY!
Nearby schools
4/10
Quincy Jones Elementary School
Public,•K-5•0.1mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.3mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.4mi
3/10
Trinity Street Elementary School
Public,•K-5•0.5mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.5mi
/10
Maple Primary Center
Public,•K-1•0.5mi
2/10
Harmony Elementary School
Public,•K-5•0.5mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.5mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.9mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.9mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.9mi
5/10
San Pedro Street Elementary School
Public,•K-5•1.1mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.1mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.3mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.7mi
4/10
Norwood Street Elementary School
Public,•K-5•1.7mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.8mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•2.0mi
2/10
John W. Mack Elementary School
Public,•K-5•2.0mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.8mi
3/10
George Washington Carver Middle School
Public,•6-8•0.8mi
4/10
John Adams Middle School
Public,•6-8•0.8mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.8mi
2/10
John Muir Middle School
Public,•6-8•2.6mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.9mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.7mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.7mi
5/10
Santee Education Complex
Public,•9-12•1.0mi
3/10
Manual Arts Senior High School
Public,•9-12•1.8mi
4/10
West Adams Preparatory High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
08/23/25
Price Change
$944,900
07/02/24
Listing
$849,900
11/06/23
Sold
$551,500
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (23 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,085 | 2,022 | 54% |
| Lot Size | 5,269 | 5,364 | 42% |
| Price | $945K | $710K | 88% |
| Price per square foot | $453 | $348.5 | 83% |
| Built year | 1908 | 9610962 | 29% |
| HOA | |||
| Days on market | 491 | 178 | 96% |
Condition Rating
Good
Despite being built in 1908, the listing states 'FULLY REMODELED units,' and the images support recent updates. The bathroom features a new vanity and tub/shower insert, appearing clean and modern. The kitchen, while not high-end, is clean with painted cabinets and basic tile, making it functional and move-in ready. Flooring throughout is either new laminate/vinyl plank or clean tile. The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a recently renovated older home.
Pros & Cons
Pros
High Income Potential: The property boasts a significant annual income of $83,376 ($7,121/month) when fully occupied, offering strong cash flow.
Immediate Cash Flow & Flexibility: With one unit vacant and the other occupied by a Section 8 tenant, the property offers immediate positive cash flow and the flexibility for an owner to occupy one unit or rent both.
Fully Remodeled Units: Both units have been fully remodeled, reducing immediate capital expenditure for a new owner and enhancing tenant appeal.
Stable Tenancy: The existing Section 8 tenant provides a stable and high-paying income stream, backed by government assistance.
ADU Potential & Future Value: The large backyard offers significant potential for adding a 2-story ADU, providing a clear path to increase future property value and rental income.
Cons
Age of Property: Built in 1908, the property is over a century old, which may imply potential for older infrastructure, systems, or unforeseen maintenance issues.
Recent Price Increase: The list price has recently increased from $849,900 to $944,900, which could be perceived as an aggressive pricing strategy or a re-evaluation after initial market feedback.
Specific Tenant Program: While beneficial, reliance on Section 8 tenants might narrow the pool of potential buyers or investors who may have specific preferences regarding tenant types.

