1106 E 114th, Los Angeles, California 90059, Los Angeles, 90059 - 0 bed, 0 bath
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Los Angeles, California 90059
This High-Potential Investment Opportunity is a modern duplex listed at $1,065,000, positioned well below the $1,104,500 Fair Market Value by 3%. This valuation gap provides $39,500 in Instant Equity. With a Mint Condition Rating and 2017 construction, the property features separate utility meters and turnkey finishes. The vacant unit allows for immediate market-rate leasing or owner-occupancy, making this a stable, low-maintenance asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a powerful house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1106 E 114th Subject | $1,065,000* List Price | 0 | 0 | 3,476 | $318 | - |
A 1512 E 108th Sold | $1,306,500 | 0 | 0 | 3,815 | $342 | 0.6 mi |
B 1711 E Imperial Highway Sold | $780,000 | 0 | 0 | 2,772 | $281 | 0.8 mi |
C 1783 E Imperial Highway Pending | $1,068,000 List Price | 0 | 0 | 3,372 | $317 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is under 10 years old and in mint, turnkey condition. The interior features modern wood-look tile flooring, clean paint, recessed lighting, and contemporary kitchen finishes requiring no immediate maintenance.
As a 2010s build, the property features contemporary finishes and updated systems, significantly reducing the need for immediate capital expenditures or the high maintenance costs associated with older Los Angeles duplexes.
The delivery of one vacant unit alongside a stable, rent-paying tenant offers a perfect opportunity for an owner-occupant to offset their mortgage or for an investor to immediately capture current market rents.
Separate gas and electricity meters for both units minimize landlord utility responsibilities and simplify property management, directly improving the asset's net operating income.
At a list price of $1,065,000, the property commands a premium for the neighborhood, which may result in a lower capitalization rate compared to older, value-add opportunities in the same area.
With a large building footprint of 3,476 sqft on a 5,161 sqft lot, there is restricted space for adding an ADU or significant outdoor amenities to further increase the property's value or density.
Exceptional opportunity to own a turnkey, modern duplex built in 2017, located in a rapidly developing pocket of Los Angeles. Designed for savvy investors or owner-occupants seeking a powerful house hack, this property offers incredible financial flexibility. The property consists of two spacious, highly rentable units: 1106 E 114th St: Delivered completely vacant! This unit was previously renting for $3,060 and is ready for immediate lease-up at top-tier market rates, or for an owner-occupant to move right in. 1108 E 114th St: Occupied by a reliable, long-term tenant currently paying $3,102/month, providing steady, immediate cash flow with strong built-in potential for future rent increases. Featuring contemporary finishes, separate gas and electricity meters, and low-maintenance 2010s construction, this asset minimizes operational headaches while maximizing your portfolio's yield. Don’t miss out on an income property where you control the upside!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,476 | 2,250 |
| Lot Size | 5,161 | 5,864 |
| Price | $1.06M | $826.7K |
| Price per sq ft | $306 | $395 |
| Built year | 2017 | 1925 |
| HOA | $0 | $0 |
| Days on market | 27 | 83 |
Jun 25, 2026
$1,065,000
Initial Listing
Mar 3, 2017
$695,000
Public Record
Aug 26, 2015
$127,000
Public Record