Hyde Park Duplex Fixer with Development Potential and Upside
Located on a picturesque palm tree-lined street in the heart of Hyde Park, this duplex is a rare opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom, offering classic Los Angeles charm with strong potential for customization or full renovation.
The lot offers ample space for future expansion, including the possibility of building an Accessory Dwelling Unit (ADU) to generate additional rental income. A long driveway and detached two-car garage provide plenty of parking and storage options.
This property is ideally situated near the Crenshaw Corridor, the new Crenshaw/LAX Metro Line, and just minutes from hotspots like SoFi Stadium, Culver City, and Downtown LA. With infrastructure improvements and revitalization efforts throughout South LA, Hyde Park is quickly becoming one of LA’s most dynamic and desirable rental markets. The area’s blend of historic character and evolving amenities is attracting a broad and growing tenant base.
Whether you’re looking for a buy-and-hold investment, a future development project, or a chance to live in one unit while upgrading the other, this is a property full of promise and potential.
Buyer to conduct their own due diligence. Seller and broker make no guarantees regarding permits, zoning, or development opportunities.
Located on a picturesque palm tree-lined street in the heart of Hyde Park, this duplex is a rare opportunity for both investors and owner-occupants. Each unit features 2 bedrooms and 1 bathroom, offering classic Los Angeles charm with strong potential for customization or full renovation.
The lot offers ample space for future expansion, including the possibility of building an Accessory Dwelling Unit (ADU) to generate additional rental income. A long driveway and detached two-car garage provide plenty of parking and storage options.
This property is ideally situated near the Crenshaw Corridor, the new Crenshaw/LAX Metro Line, and just minutes from hotspots like SoFi Stadium, Culver City, and Downtown LA. With infrastructure improvements and revitalization efforts throughout South LA, Hyde Park is quickly becoming one of LA’s most dynamic and desirable rental markets. The area’s blend of historic character and evolving amenities is attracting a broad and growing tenant base.
Whether you’re looking for a buy-and-hold investment, a future development project, or a chance to live in one unit while upgrading the other, this is a property full of promise and potential.
Buyer to conduct their own due diligence. Seller and broker make no guarantees regarding permits, zoning, or development opportunities.
Property Details
Price:
$780,000
MLS #:
SR25080603
Status:
Active
Baths:
0
Address:
4423 3rd Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Apr 12, 2025
State:
CA
ZIP:
90043
Lot Size:
6,752 sqft / 0.16 acres (approx)
Year Built:
1924
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Schools
Interior
Fireplace Features
Family Room
Flooring
Carpet, Wood
Exterior
Community Features
Sidewalks
Foundation Details
Raised
Garage Spaces
2.00
Lot Features
Lawn
Parking Spots
5.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Unknown
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address4423 3rd Avenue Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
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4423 3rd Avenue
Los Angeles, CA
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