11016 S, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
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Los Angeles, California 90047
This Spacious 1940s Residence is listed at $850,000, following a significant $50,000 price improvement to align with its $807,314 Fair Market Value. Maintaining a Fair Condition Rating, the home offers a substantial 1,510 sqft interior complemented by a City Lights View and a private patio. The standout feature is the Garage with a Bathroom, providing a clear path for an ADU conversion to maximize rental yield or multi-generational living. This Value-Add Asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build long-term equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11016 S Subject | $799,000* List Price | 3 | 2 | 1,510 | $529 | - |
A 10520 Ruthelen Sold | $775,000 | 3 | 2 | 1,589 | $488 | 0.8 mi |
B 2007 W 94th Street Sold | $670,000 | 3 | 2 | 1,498 | $447 | 0.3 mi |
C 2022 W 99th Sold | $725,000 | 3 | 2 | 1,507 | $481 | 0.5 mi |
D 2030 W 95th Sold | $715,000 | 3 | 2 | 1,369 | $522 | 0.4 mi |
E 2040 W 82nd Street Sold | $669,000 | 3 | 2 | 1,328 | $504 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready but features dated aesthetics consistent with the 'fair' criteria. While the flooring has been updated to a laminate/vinyl style, the kitchen and bathrooms retain older cabinetry, tile countertops, and aged fixtures. Built in 1947, the home appears to have undergone occasional updates rather than a full modern renovation, with major systems and styles showing their age.
The property includes a dedicated bonus room and a garage equipped with a bathroom, providing excellent potential for an ADU conversion, guest suite, or home office.
At 1,510 square feet, this 3-bedroom home offers a more spacious interior layout than many typical 1940s-era bungalows in the Metropolitan Los Angeles area.
A recent $50,000 price reduction from the original listing price makes this property a more competitive and attractive option for buyers seeking value in the 90047 zip code.
Constructed in 1947, the home may require updates to major systems such as plumbing, electrical, and roofing to meet modern standards and buyer expectations.
The brief listing description and lack of detailed upgrade history may require buyers to perform more extensive due diligence to assess the true condition of the home.
VERY NICE 3BEDRM 2BA HOME IN A GREAT LOCACION,YOU ABSOLUTELY MUST SEE. GARAGE HAS BATHROON.PROPERTY ALSO HAS A BONUS ROOM.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,510 | 1,369 | 70% |
| Lot Size | 5,984 | 5,285 | 69% |
| Price | $799.0K | $750.0K | 74% |
| Price per sq ft | $529 | $524 | 52% |
| Built year | 1947 | 1930 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 181 | 21% |
Apr 7, 2026
$799,000
$850,000
-6% Price Drop
Initial Listing
Mar 5, 2026
$850,000
$900,000
-6% Price Drop
Initial Listing
Jan 19, 2026
$900,000
Initial Listing