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933 New Depot 6 & 7, Los Angeles, California 90012, Los Angeles, 90012 - 2 bed, bath

933 New Depot 6 home-pic-0
ACTIVE$660,000
933 New Depot 6 & 7, Los Angeles, California 90012
2Beds
0Bath
1,732Sqft
53,323Lot
Year Built
1976
Close
-
List price
$660K
Original List price
$660K
Price/Sqft
$381
HOA
$294
Days on market
-
Sold On
-
MLS number
WS25043711
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $660.0K(50th), sqft - 1732(50th), beds - 2(50th), baths - undefined(50th).

Large 2 unit condo near the heart of Downtown LA. Perfect for large families or for buyers to live in one and rent out the other. Great opportunity to own this duplex with low maintenance and potential cash flow! This property is located in the Victor Heights area offering amazing views of the Downtown Skyline. This top and bottom duplex both have 2 bedrooms and 1 bath, with a combined livable space of 1,732sqft. Both units have updated features with laminate flooring, modern paint, updated kitchen cabinets with granite counter tops, and refreshed bathrooms. The open layout provides excellent flow between the living space, giving each unit a comfortable and relaxing vibe. Currently generating market rents offering investors a great return. Each unit has separate electric and gas meters and each have 1 reserved parking spaces inside a gated garage. Bottom unit includes a private laundry area. This turnkey property is conveniently located, near Chinatown, Downtown LA, Silver Lake, and Dodger Stadium!

Nearby schools

6/10
Castelar Street Elementary School
Public,•K-5•0.3mi
4/10
Betty Plasencia Elementary School
Public,•K-6•0.6mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.0mi
3/10
Sal Castro Middle School
Public,•6-8•1.0mi
2/10
Logan Street Elementary School
Public,•K-8•1.1mi
5/10
Florence Nightingale Middle School
Public,•6-8•2.1mi
3/10
Belmont Senior High School
Public,•9-12•1.0mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
09/11/25
Listing
$660,000
10/10/18
Sold
$649,000
10/20/17
Sold
$597,000
12/12/00
Sold
$128,000
Condition Rating
Good
Built in 1976, this property has undergone significant updates, including laminate flooring, modern paint, updated kitchen cabinets with granite countertops, and refreshed bathrooms. The kitchens feature stainless steel appliances, and the bathrooms have clean, contemporary tiling and vanities. While some elements like popcorn ceilings and basic light fixtures show the original age, the overall condition is move-in ready and well-maintained, aligning with a property extensively renovated within the last 5 to 15 years. The lack of central cooling is a minor drawback but does not detract from the otherwise good condition of the interior updates.
Pros & Cons

Pros

Income Potential & Flexibility: This 2-unit condo offers significant income potential, allowing buyers to live in one unit and rent out the other, or generate cash flow from both, supported by current market rents and separate utilities.
Prime Location & Accessibility: Strategically located in Victor Heights, near the heart of Downtown LA, Chinatown, Silver Lake, and Dodger Stadium, offering excellent convenience and access to major attractions and amenities.
Updated & Turnkey Interiors: Both units feature updated laminate flooring, modern paint, refreshed kitchen cabinets with granite countertops, and renovated bathrooms, presenting a turnkey property ready for immediate occupancy or rental.
Downtown Skyline Views: The property boasts amazing views of the Downtown Los Angeles skyline, enhancing its appeal and providing a desirable living experience.
Separate Utilities & Gated Parking: Each unit benefits from separate electric and gas meters and one reserved parking space within a gated garage, adding convenience and value for both owners and tenants.

Cons

Condo Association Fees: The property is subject to a monthly association fee of $294.0, which adds to the overall cost of ownership and may come with specific community rules or restrictions.
Older Building Structure: Built in 1976, the building's age, despite interior updates, may imply older underlying infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or assessments not covered by the HOA.
Lack of Central Cooling System: The property description does not mention a cooling system, suggesting the absence of central air conditioning, which could be a significant drawback during Los Angeles' warmer months.

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