1105 E 103rd Place, Los Angeles, California 90002, Los Angeles, 90002 - 3 bed, 4 bath
1105 E 103rd Place
Los Angeles, California 90002
Property Price
SUMMARY
Analysis of 1105 E 103rd Place, Los Angeles, California 90002 reveals a property with a current list price of $749,000, which is 7% above the estimated $697,886 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1105 E 103rd Place Subject | $749,000* List Price | 3 | 4 | 1,478 | $472 | - |
A 9240 Hooper Avenue Sold | $610,000 | 3 | 2 | 1,542 | $396 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a new build from 2022, making it virtually brand new. The description explicitly states 'NEWER CONSTRUCTION' and 'move-in ready.' Images confirm modern, contemporary finishes throughout, including sleek white kitchens with new appliances (main house and ADU), updated bathrooms with modern vanities and tile work, and consistent 'hardwood style' flooring. Recessed lighting, mini-split heating/cooling units, and paid-for solar panels further underscore its excellent, up-to-date condition and energy efficiency. There is no visible deferred maintenance or physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Compton Early College High (9/10).
- Newer Construction
Built in 2022, this property offers modern design, updated systems, and minimal immediate maintenance, providing peace of mind for buyers.
- Detached ADU with Income Potential
Features a fully equipped 1-bedroom, 1-bath, 379 sqft ADU with separate utilities (heat/AC, gas & electric meters), ideal for rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2082, living area = 1478.
- Compact Lot Size
The 2,082 sqft lot is relatively small for a single-family residence, offering limited outdoor space.
- Recent Price Adjustment
A recent price reduction from $775,000 to $749,000 may suggest initial overpricing or a need to stimulate buyer interest in the current market.
About 1105 E 103rd Place
NEWER CONSTRUCTION! New Build in 2022. Why rent when you can OWN?! Welcome home to this affordably-priced 2022 built contemporary single-family, move-in ready dwelling with detached ADU for income potential. In the heart of Los Angeles, pull into your private driveway or use the one-car garage and enjoy the modern open first floor plan you'll call home. Imagine having breakfast coffee at the sleek kitchen island or entertaining friends and hosting family holiday dinners in this open room style living/dining area with recessed lighting and a convenient powder room. Planned for privacy, the upstairs second story boasts two primary-size bedrooms, each with its own en suite contemporary bathroom. One of the bedrooms features sliding glass doors out to your private balcony where you can relax and enjoy our sunny CA weather. Bedroom two features a walk-in closet. This home has washer/drier hook-up, hardwood style floors, recessed lighting throughout and heating and air conditioning. Plus, out back, there's a bonus 1-bedroom, full bath, 379.25 sf ADU with heat/air conditioning, which is perfect for a family member or rental income. The solar panels are paid for making this an extra feature for low-cost electricity. Separate gas & electric meters for each unit. Best of all, is its location, location, location. Close to all major freeways, public transportation and the FREEDOM PLAZA boasting the best stores, restaurants, coffee shops, and landscaped walkable space. This property won't last. It qualifies for the DREAM HOME LOAN PROGRAM. Act now. *Furnished photos are virtually staged.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 2,082 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Ninety-Ninth Street Elementary School
Grades K-6 • 0.3 mi
One Hundred Ninth Street Elementary School
Grades K-5 • 0.5 mi
Ninety-Sixth Street Elementary School
Grades K-6 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 1.0 | 97% |
| Square foot | 1,478 | 1,024 | 88% |
| Lot Size | 2,082 | 4,843 | 3% |
| Price | $749.0K | $602.0K | 86% |
| Price per sq ft | $507 | $563 | 41% |
| Built year | 2022 | 1936 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 148 | 184 | 39% |
Pricing History
Listed for Sale
Oct 30, 2025
$749,000
$775,000
-3% Price Drop
Initial Listing
Price Change
Oct 9, 2025
$775,000
Initial Listing
Sold
Nov 30, 2022
$711,000
Public Record
Sold
Aug 24, 2021
$394,500
Public Record