
Los Angeles, California 90002
This Turnkey Multi-Unit Property represents a Prime Investment Opportunity, listed at $685,000—positioned well below the $700,164 Fair Market Value by 2%. This valuation gap offers $15,164 in Instant Equity. Featuring a 2022-built ADU and a recently remodeled main house, the property maintains a Condition Rating of 2. With its strategic location near major freeways and transit hubs, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1126 E 106th Street Subject | $685,000* List Price | 3 | 2 | 1,361 | $514 | - |
A 938 E 103rd Place Sold | $715,000 | 4 | 2 | 1,207 | $592 | 0.2 mi |
B 10523 Pace Sold | $645,000 | 3 | 2 | 1,320 | $489 | 0.1 mi |
C 10520 E Zamora Avenue Sold | $750,000 | 4 | 2 | 1,422 | $527 | 0.3 mi |
D 1215 E 91st Sold | $670,000 | 3 | 2 | 1,370 | $489 | 1.0 mi |
E 9427 Baird Avenue Sold | $740,000 | 3 | 2 | 1,294 | $572 | 0.8 mi |
F 758 E 94th Sold | $679,000 | 3 | 2 | 1,227 | $553 | 0.8 mi |
G 9223 Parmelee Sold | $590,000 | 3 | 2 | 1,292 | $457 | 0.9 mi |
H 807 E 106th Sold | $560,000 | 2 | 1 | 1,026 | $546 | 0.3 mi |
I 738 E 97th Street Pending | $629,888 List Price | 3 | 2 | 1,216 | $518 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand new ADU built in 2022 and a main house that has been recently remodeled. The interior shows updated shaker-style cabinetry, recessed lighting, and newer windows, meeting the criteria for a turnkey residence with renovations completed within the last 5 years.
High School: Compton Early College High (9/10).
The property includes a newly constructed (2022) 1-bedroom ADU with a separate entrance, providing an excellent opportunity for rental income or multi-generational living.
Both the main residence and the ADU are in move-in ready, turnkey condition following recent remodeling, saving the buyer time and capital on immediate renovations.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1361, other record living area = 1283.
Most of the assigned public schools in the immediate vicinity have low performance ratings, which may be a significant drawback for families prioritizing education.
The main house is relatively small at approximately 833 square feet, which may limit its appeal to buyers seeking more spacious primary living quarters or larger families.
SFR + ADU year built 2022 in One Lot! Exceptional opportunity to own this charming property | The Main House is a recently remodeled single family residence approximately 833 sq.ft. features 2-bedrooms/1-bath | The Bonus ADU is a 1-bedroom/1-bath approximately 528 sq.ft. features its own separate entrance, kitchen and bath | ADU's actual lease currently at $1800 per month | Great central location with easy access to the 105 and 110 Freeways, Los Angeles International Airport (LAX), SoFi Stadium, Kia Forum, USC, Downtown Los Angeles and more | Total bedroom and bathroom count = 3-bedroom/2bath | Move-in Condition! Do not disturb occupants |Shown by Appointment Only.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,361 | 1,664.159 |
| Lot Size | 5,203 | 6,066.556 |
| Price | $685.0K | $1.35M |
| Price per sq ft | $503 | $806 |
| Built year | 1942 | 1939 |
| HOA | $0 | $278 |
| Days on market | 27 | 55 |
Aug 13, 2026
$685,000
Initial Listing
Sep 12, 2024
$649,000
Public Record
Sep 29, 2011
$130,000
Public Record
Oct 18, 2006
$379,000
Public Record
May 27, 1999
$101,000
Public Record