Los Feliz Duplex | Owner's Unit Vacant | 1031 & Accelerated Depreciation Ready A rare, tax-efficient investment opportunity before year-end No hype here, just the facts. The photos tell the story. For a closer look, ask for a virtual or guided video tour with the owner. This property is a cash-flowing, tax-smart property for buyers who understand how to use real estate strategically, especially with 100% bonus depreciation back on the table under the recently passed Big Beautiful Tax Bill. Why this property makes sense: * Accelerated depreciation is back. Capture bonus depreciation before year-end and maximize deductible paper losses. * $400,000+ in estimated first-year deductions per cost segregation study (draft study available) potentially offsetting other passive income. * Built-in flexibility: you can owner-occupy or rent the other unit and hold both for income - both with distinct tax advantages. * Rebuilt from the ground up in 2002, preserving and combining 1920s Los Feliz charm with modern systems that minimize CapEx exposure. * Durable yields: current pricing and interest rates support approximately a 5% cap rate as a rental, with Los Feliz rents among the strongest in the city. * For an owner-user, monthly ownership costs are comparable to renting - plus you keep the appreciation, the tax benefits, and the control. With markets already pricing in a Fed pivot next spring when Powell terms out, it's a timely opportunity to add a high-quality, depreciation-ready asset to your portfolio before year-end and before prices spike again when rates come down. *** Disclaimer: Financial and tax information provided herein is for general informational purposes only and should not be construed as legal, accounting, or tax advice. Prospective buyers should consult their own CPA or tax advisor regarding the applicability of any depreciation benefits, 1031 exchanges, or deductions referenced. Future market or policy projections are speculative and not guaranteed.

Last Updated	10/15/2025	Year Built	1929
Community	637 - Los Feliz	Garage Spaces	3.0
County	Los Angeles

Additional Details

AIR	Central Air
AIR CONDITIONING	Yes
APPLIANCES	Built-In Range, Convection Oven, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater
AREA	637 - Los Feliz
EXTERIOR	Garden
FIREPLACE	Yes
GARAGE	Yes
INTERIOR	Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Crown Molding, High Ceilings, Recessed Lighting, Storage, Tile Counters, Walk-In Closet(s), Wired for Data
LOT	9583 sq ft
LOT DESCRIPTION	Cul-De-Sac, Front Yard, Garden, Landscaped, Rectangular Lot, Rolling Slope, Sloped Down
PARKING	Direct Access, Garage
POOL DESCRIPTION	None
SEWER	Public Sewer
STORIES	2
STYLE	Spanish
UTILITIES	Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
VIEW	Yes
VIEW DESCRIPTION	City Lights, Canyon, Park/Greenbelt, Hills, Mountain(s), Neighborhood, Panoramic
WATER	Public

Location

 

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