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.
Sold for $735,000 on 06/13/25
Listing Provided by:
Robert Johnson DRE #01838562 818-357-1081,
E H Realty
$735,000
4423 3rd Ave, Los Angeles, CA 90043
4beds
2baths
2,102sqft
Duplex
Built in 1924
-- sqft lot
$732,200 Zestimate®
$350/sqft
$4,629 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 13, 2025 at 09:31pm
Listing Provided by:
Robert Johnson DRE #01838562 818-357-1081,
E H Realty
Bought with:
Obie Nwabuzor, DRE #02020522
Pacific Playa Realty
Source: CRMLS,MLS#: SR25080603
Originating MLS: California Regional MLS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Appliances
- Laundry: Inside
Features
- Flooring: Carpet, Wood
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,102
- Total interior livable area: 2,102 sqft
Property
Parking
- Total spaces: 5
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 6,752 sqft
- Features: Lawn
Details
- Parcel number: 5014028012
- Zoning: LAR2
- Special conditions: Probate Listing
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Foundation: Raised
Condition
- Fixer,Repairs Major
- New construction: No
- Year built: 1924
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional
Services availability
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Estimated market value
$732,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$732,200