654 Penrith Dr, Los Angeles, CA 90023
List Price: $1,490,000
On market
On marketMar 20, 20252,498 sqft5 beds5 baths
Listed by: Christopher Aparicio
License #: 02188416
Phone #: 818-462-5676
Golden Real Estate Investments
Source:
MLS #: SR25059959
Property Description
Investors & Buyers Alert! Massive Income Potential at 654 Penrith Drive!
Don’t miss this rare multi-unit opportunity in the heart of Los Angeles! Perfect for investors and buyers looking for passive income and portfolio growth. This property is a Duplex with three fully functional units — instant cash flow, turnkey potential, and long-term growth.
Unit 1: 3 Bedrooms, 2 Bathrooms, washer/dryer, private yard
Unit 2 (New Construction!): 2 Bedrooms, 2 Bathrooms, 2 balconies, full kitchen, washer/dryer, private yard
Unit 3 (New Construction Studio!): Full bathroom, full kitchen, washer/dryer, private yard
Additional perks:
2-car garage + tandem parking for 3 cars
Walking distance to local amenities
Minutes from Downtown LA & the new 6th Street Bridge
Units 2 & 3 are brand new and in the process of obtaining a Certificate of Occupancy, giving you fresh, rentable units ready to generate income immediately.
This is the ultimate property for investors and buyers looking to grow a real estate portfolio. Opportunities like this don’t wait — act fast!
?? Call now before this rare gem is gone!
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$20,031
TurboHome Estimated Value
$1,412,700
$566 sqft
High Valuation
$1,483,335
$594/sqft
Normal Valuation
$1,412,700
$566/sqft
Low Valuation
$1,342,065
$537/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $566/sqft | $1,412,700 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Boyle Heights
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Comparative Value
$885K
$1.49M
3005 E 8th St, Los Angeles, CA 90023
Sale Price: $885,000
Selected Comparable
654 Penrith Dr, Los Angeles, CA 90023
List Price: $1,490,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT654 Penrith Dr, Los Angeles, CA 90023
List: $1,490,000
Listed: 3/20/2025
Area:2,498 sqft
Price/sqft:$596
Beds:5
Baths:5
Year Built:—
Lot Size:5,290
Comparable Properties
COMPARABLEChoose comps
3005 E 8th St, Los Angeles, CA 90023
Sale: $885,000
7/1/2025 • 0.75 mi
Area:3,088 sqft
Price/sqft:$287
Beds:6
Baths:6
Year Built:—
Weight:100.0%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 654 Penrith Dr, Los Angeles, CA 90023 | $1,490,000 | 2,498 | $596 | 5,290 | — | 3/20/2025 | 5 | 5 | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3005 E 8th St, Los Angeles, CA 90023 | $885,000 | 3,088 | $287 | 5,909 | 0.75 mi | 7/1/2025 | 6 | 6 | — | 100.0% |
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