
Los Angeles, California 90059
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $685,000—positioned above the $621,476 Fair Market Value. While the property currently trades at a premium, its Condition Rating of 2 (Mint/Move-in Ready) ensures immediate habitability. The generous 5,604 sqft lot provides significant development potential for an ADU, offering long-term value-add prospects. This asset is well-suited for Buy-and-Hold Investors seeking rental stability or first-time buyers prioritizing a turnkey, renovated home in the Los Angeles Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11200 Stanford Subject | $685,000* List Price | 3 | 2 | 720 | $863 | - |
A 810 E 118th Sold | $685,000 | 3 | 1 | 1,003 | $683 | 0.5 mi |
B 11204 Alvaro Sold | $620,000 | 2 | 1 | 781 | $794 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1923, the property has undergone a comprehensive recent renovation (likely within the last 5 years). The interior features modern laminate flooring, new windows, fresh paint, and updated lighting fixtures. The exterior shows new stucco and trim, and the overall condition is mint and move-in ready, meeting the criteria for a recent high-quality renovation.
The generous 5,604 square foot lot provides significant space for potential expansion or the addition of an Accessory Dwelling Unit (ADU), offering excellent value-add opportunities.
Featuring a 3-bedroom, 2-bathroom layout within a compact footprint, the property maximizes its rental potential and functionality for small families compared to typical homes of this size.
Priced at $685,000, this residence serves as an ideal entry-level opportunity for first-time homebuyers or investors looking to establish a footprint in the Los Angeles market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2026-02-13. The sold price is $500,000.00.
With only 720 square feet of interior space, the living areas and bedrooms are likely very small, which may limit the property's appeal to buyers seeking a more spacious feel.
Great Opportunity for First-Time Homebuyers or Investors! Beautifully remodeled 3-bedroom, 2-bathroom home situated on a desirable corner R2-zoned lot offering exciting possibilities for future expansion (buyer to verify with the City). Enjoy a spacious backyard and a detached 2-car garage with its own separate entrance, providing an ideal setup for a potential garage conversion to an ADU, making this property an excellent opportunity for future rental income or multigenerational living (subject to city approvals). As an added bonus, the property includes completed construction plans for the conversion of the detached garage into a new ADU. Buyer will only need to pay all applicable City permit fees related to offering tremendous value to the buyer. The home has been extensively renovated and features a brand-new kitchen and remodeled bathrooms, new plumbing, new electrical wiring, fresh interior and exterior paint, and indoor laundry hookups. The home also includes a new stove and refrigerator, making it truly move-in ready. Conveniently located with easy access to the 105 and 110 Freeways, and adjacent from Imperial Highway, a major east-west transportation corridor, providing excellent connectivity throughout Los Angeles. This property offers exceptional value. With its generous lot size, flexible zoning, and competitive price, opportunities like this are becoming increasingly difficult to find. Don't miss your chance to own this move-in-ready home with outstanding future potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 720 | 1,664.159 |
| Lot Size | 5,604 | 6,066.556 |
| Price | $685.0K | $1.35M |
| Price per sq ft | $951 | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 33 | 55 |
Aug 7, 2026
$685,000
Initial Listing
Feb 13, 2026
$500,000
Public Record