
Los Angeles, California 90059
This Fully Reimagined Modern Compound is a High-Potential Investment Opportunity, listed at $849,000—positioned well below the $884,075 Fair Market Value by 3%. This valuation gap offers $35,075 in Instant Equity. Boasting a Superior Condition Rating, the residence features dramatic 15-foot vaulted ceilings, all-new major systems, and a detached studio ADU for immediate rental income potential. Backing directly onto Magic Johnson Park, the lot provides rare privacy and serene greenbelt views. This is an exceptional acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors seeking a turnkey, multi-unit asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1100 E 124th Subject | $849,000* List Price | 4 | 3 | 1,818 | $486 | - |
A 2109 N Bahama Sold | $692,500 | 4 | 2 | 1,298 | $534 | 0.6 mi |
B 2703 W 132nd Sold | $725,000 | 3 | 2 | 1,522 | $476 | 0.5 mi |
C 2015 N Belhaven Avenue Sold | $700,000 | 4 | 2 | 1,722 | $407 | 0.6 mi |
D 1842 E 123rd Sold | $790,000 | 3 | 2 | 1,350 | $585 | 0.9 mi |
E 12812 Clovis Avenue Sold | $700,000 | 3 | 2 | 1,529 | $458 | 0.3 mi |
F 1644 E 122nd Street Pending | $775,000 List Price | 4 | 2 | 1,449 | $535 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation with all-new major systems including electrical, plumbing, roof, and ductless HVAC. The interior features modern finishes such as 15-foot vaulted ceilings, a contemporary kitchen with quartz waterfall countertops and stainless steel appliances, and fully updated bathrooms with new vanities and fixtures.
The property has been fully reimagined with all-new electrical, plumbing, roof, and energy-efficient HVAC, offering a turnkey experience with rare 15-foot vaulted ceilings.
The inclusion of a detached 315-square-foot studio ADU with permits nearing issuance provides a significant opportunity for rental income or a private multi-generational living space.
Backing directly onto Magic Johnson Park with no rear neighbors, the lot offers enhanced privacy and a serene greenbelt backdrop that is unique for the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1818, other record living area = 1298. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The ADU permits are nearing issuance rather than fully finalized, which may require the buyer to navigate the final stages of the administrative or construction process.
At only 315 square feet, the studio ADU is relatively small, which may limit its functionality for long-term tenants compared to larger secondary dwellings.
This fully reimagined Los Angeles compound (House + ADU) delivers a rare blend of privacy, scale, and refined modern design. Thoughtfully rebuilt with plans and permits, every detail has been elevated - featuring all-new electrical, plumbing, roof, windows, and energy-efficient ductless HVAC for seamless, turnkey living. The main residence offers 3 bedrooms, 2 baths, and 1,503 square feet of light-filled living space, highlighted by soaring 15+ foot ceilings in both the living area and primary suite - creating a dramatic sense of volume and understated luxury rarely found at this price point. Clean lines, curated finishes, and an open, airy flow define the home’s sophisticated character. Set on an expansive lot with no rear neighbors, the property backs directly to Magic Johnson Park, offering a peaceful, natural backdrop and enhanced privacy. A detached 315 square foot studio ADU comes with fully approved plans and permits nearing issuance - unlocking immediate potential for additional income, guest quarters, or a private workspace. Completing the property is an oversized two-car garage with an attached storage room, providing flexibility for creative use or future expansion. A rare offering that combines architectural presence, privacy, and upside - designed for those who value both lifestyle and long-term opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 3.0 | 2.0 | 88% |
| Square foot | 1,818 | 1,085 | 90% |
| Lot Size | 6,207 | 5,201 | 71% |
| Price | $849.0K | $630.0K | 94% |
| Price per sq ft | $467 | $534 | 31% |
| Built year | 1946 | 1945 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 166 | 2% |
Apr 17, 2026
$849,000
Initial Listing
Oct 27, 2023
$490,000
Public Record
Aug 3, 2022
$550,000
Public Record