Sold for $925,000

Listed by: Good Opportunity Company Inc. • Alberto A Romero Meza • Contact: 323-327-3330

Bought with: Good Opportunity Company Inc.

$925,000

127-129 S Townsend Ave, Los Angeles, CA 90063

7beds

4baths

2,382sqft

Duplex

Built in 1940

-- sqft lot

$920,500 Zestimate^®

$388/sqft

$2,756 Estimated rent

Home value

$920,500

$838,000 - $1.01M

$2,756/mo

Zestimate^® history

Owner options

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$2,756/mo

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$2,756/mo

Rent Zestimate^®

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$5,920/mo

Est. payment

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$5,920/mo

Est. payment

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What's special

INVESTMENT OPPORTUNITY! Exceptional LCR2 ZONED Duplex located in a high-demand East Los Angeles corridor near DTLA. This substantial 2,382 square foot income property sits on an oversized 6,775 square foot lot, maximizing land value. IMMEDIATE CASH FLOW is secured by the rear 4BR/2BA unit which is currently tenant-occupied. SIGNIFICANT VALUE-ADD POTENTIAL exists with the front 3BR/2BA unit, which is VACANT and rent-ready for immediate lease-up at market rates. This is a rare chance to acquire significant square footage and land in a rapidly appreciating market. Showings are strictly by appointment only. DO NOT DISTURB OCCUPANTS. Property sold AS-IS.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Natural Gas

Cooling

None

Appliances

Laundry: Electric Dryer Hookup, Gas Dryer Hookup

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,382
Total interior livable area: 2,382 sqft

Property

Parking

Total spaces: 6
Parking features: Driveway, Garage
Garage spaces: 2
Uncovered spaces: 4

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 6,777 Square Feet
Features: 2-5 Units/Acre, Near Public Transit, Paved, Walkstreet, Yard

Details

Parcel number: 5232017008
Zoning: LCR2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Biking, Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $388/sqft
Date on market: 11/5/2025
Cumulative days on market: 47 days
Listing terms: Cash,Conventional,FHA,Private Financing Available,Submit
Total actual rent: 4500
Tenant pays: Cable TV, Electricity, Gas

Price history

Date	Event	Price
2/27/2026	Sold	$925,000-2.6%$388/sqft
Source: CRMLS #DW25254780 Report a problem
1/15/2026	Pending sale	$950,000$399/sqft
Source: CRMLS #DW25254780 Report a problem
1/12/2026	Listed for sale	$950,000$399/sqft
Source: CRMLS #DW25254780 Report a problem