10904 S Spring, Los Angeles, California 90061, Los Angeles, 90061 - 0 bed, 0 bath
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Los Angeles, California 90061
This Income-Generating Triplex is listed at $749,000, representing a strategic Value-Add Asset within the Metropolitan South area. While the list price is positioned above the $562,362 Fair Market Value, the property’s unique configuration on a 6,387 Sqft Corner Lot provides significant long-term rental upside. Featuring Separate Utility Meters and a Condition Rating of 5, the 1924 infrastructure necessitates a full-scale renovation to modernize systems and maximize ROI. Located within the Los Angeles Unified district, this is a high-potential acquisition for Buy-and-Hold Investors and Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10904 S Spring Subject | $749,000* List Price | 0 | 0 | 1,793 | $314 | - |
A 413 W 109th Place Sold | $860,000 | 5 | 4 | 1,964 | $438 | 0.3 mi |
B 227 E 111th Street Sold | $649,000 | 5 | 3 | 1,483 | $438 | 0.3 mi |
C 211 E 119th Street Sold | $770,000 | 0 | 0 | 1,984 | $388 | 0.9 mi |
D 315 E 118th Pending | $785,000 List Price | 0 | 0 | 2,183 | $360 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1924, this property is nearly 100 years old. The MLS listing provides no details or images of the interior, including kitchens, bathrooms, appliances, flooring, or systems. The exterior images show an aged property with security bars on windows, suggesting a lack of modern updates. Given the significant age and the complete absence of interior photos, it is highly probable that the property requires substantial repairs and rehabilitation to its major components and interiors to meet current living standards and comfort.
The property is a triplex, explicitly categorized as 'Residential Income,' offering a clear opportunity for rental revenue and investment.
Each unit features separate electricity and gas meters, simplifying tenant billing and reducing landlord management overhead for utilities.
Each unit offers the feel of a standalone home with its own front and backyard, providing desirable privacy and independence for tenants.
Built in 1924, the property is nearly a century old, suggesting potential for outdated infrastructure, deferred maintenance, and higher capital expenditure for system upgrades.
The description lacks details on recent renovations or upgrades, implying that significant investment may be required to modernize the units and systems to attract premium tenants.
The unit mix consists of two 1-bedroom units and one 2-bedroom unit, which may limit the tenant pool to singles or couples and potentially cap rental income compared to properties with larger unit configurations.
Don’t miss this opportunity! This property features three individual units located in the City of Los Angeles, situated on a large corner lot measuring approximately 6,385 sq. ft. Each unit feels like a standalone home, offering privacy and independence. Two of the units face Spring Ave., while the third unit fronts 109th St. All units have separate electricity and gas meters. Unit Breakdown: • Spring Ave. – Unit 1: 2 bedrooms, 1 bathroom, 1-car garage • Spring Ave. – Unit 2: 1 bedroom, 1 bathroom, driveway parking for up to 4 cars • 109th St. Unit: 1 bedroom, 1 bathroom, 1-car garage Each unit features its own front and backyard, allowing tenants to enjoy the feel of single-family living. questions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,793 | 2,102 | 20% |
| Lot Size | 6,387 | 6,041 | 70% |
| Price | $749.0K | $750.0K | 40% |
| Price per sq ft | $418 | $353 | 60% |
| Built year | 1924 | 1925 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 152 | 210 | 20% |
Nov 21, 2025
$749,000
Initial Listing
Jun 20, 2017
$300,000
Public Record