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1906 Duplex Getting Flipped in Pico-Union

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Would you like to try your hand at gentrification? This 1906 duplex in the Pico-Union Historic Preservation Overlay Zone could be a good place to start--it has a three bedroom, two bathroom unit on the ground floor and a four bedroom unit on the second floor. There's also a backyard, a one car garage, and, the listing says, "plenty of parking." According to Redfin, the current owners picked it up in August 2010 for $236,500, and judging by the photos, they've made some rental-style updates. Asking price is $450,000.
· 1408 South BURLINGTON Ave [Redfin]